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Topic: Those who sold bitcoin are in for a big loss - page 15. (Read 2190 times)

newbie
Activity: 98
Merit: 0
Why does increasing mining competition mean that people who have taken the profit on their Bitcoin purchases will be making a loss?

I think he might be thinking that such a large mining farm will boost interest in Bitcoin and that more people will relocate there or start investing in Bitcoin. Bitcoin businesses draw attention in the media and then people start buying, which in turn..push up the price. The problem is that this exposure is not enough to push Bitcoin to the ATH again, for people who have bought, to regret their decision.  Roll Eyes

We need HUGE global news for this to happen.

Is there choice if they whant to sold there bitcoin it's not our los it's there loss and to those who still remains where tike the price as a reward they said life is like an escalator you can move forward or backward but you can not remain still.
member
Activity: 518
Merit: 11
When bitcoin price goes down, it is a time for them to buy bitcoin so that they will have in a small amount, and after that, they can sell their coin after the price will get increase. The wise people will know how to play the bitcoin price.
newbie
Activity: 84
Merit: 0
When the current price is down they will be losser but if they will keep it while monitoring the movement of the bitcoin price in the crypto market and sell it when it will rise up and reached their desired higher price they can earn more profits.Some persons become millionaires because they play the smart of buying when others are selling in panic.They will eventually sell to same persons when prices spikes.
member
Activity: 392
Merit: 11
Those who sold btc at $6000 will definitely regret their decision. In a few months, the end quarter of the year to be precise, bitcoin will be back to $20000 and will continue to rise until year 2019. The fluctuation will always happen but t will be definitely be going to be uptrend.
They can regret about it even in a few days. I see the strong consolidation on this level (7k) and I believe that we will not break through it anymore. Correction is over
hero member
Activity: 686
Merit: 521
Although I do strongly believe that bitcoin is going to rise and there will be a spike soon. I still also believe the fact that this is unpredictable, and it could go either way. This means that people might have cashed out at the right time. However, I still don’t understand why increasing minin competition means that people who have taken profit on their Bitcoin purchases will be making a loss.
full member
Activity: 391
Merit: 100
If it will be a sure rising of bitcoin then its totally a loss for those people who already sold theirs. This industry is really unpredictable at any phase so who knows. It might be a surprise for good or worst.
full member
Activity: 392
Merit: 100
It depends on at what price the one sold his/her bitcoins. If he/she sold at 19000 dollars, they made a huge profit and they are still not in a loss.

You're right, maybe the point is that those who sell bitcoins when Dip happens (panic sell) so they will miss a greater chance when the Dip ends in some future time.
newbie
Activity: 30
Merit: 0
Nowadays, bitcoin sellers are definitely losing money. invest in bitocoin we must have a patience and a cold head.
copper member
Activity: 266
Merit: 2
Ako Bayot!
Yeah they will regret soon that they are selling their holdings especially bitcoin. Bitcoin has started to increase its market price again as of this moment. Though it is slow but will surely make a difference few months from now. And i guess history will repeat again as the peak season are coming so does the value of the bitcoin showing already some progress and indicators that it will just happen just like it did before.
sr. member
Activity: 1960
Merit: 329
seems like every time we expect something to happen...the opposite happens.
if you are crypto enthusiast don't need care much about it just HODL
Yes, you are right. This is the case for some time now. When you begin to assume price will begin to go up, it suddenly falls back. The so many bad news out there make it difficult for bitcoin to go right up there where it has to be. Not a problem because I believe it will get there again soon.
full member
Activity: 238
Merit: 100
Some of them sold their bitcoin may because they want to move what they have and I think that they don't have loss, investors know the strategy and the movements on this. Maybe some small investors lost their money.
sr. member
Activity: 924
Merit: 255
In a few days, we will be reaching $15000 again. Those who sold dont know the game.
Unfortunately, your optimistic forecasts did not come true. Well, or not as fast as we would like. After all, a year ago, the growth of bitcoin was only in the fall.
But it's good to be optimistic, even though it is like showing less towards higher, but of course there is still a chance to recover. Here we are like still need time, and patience with a sense of trust, basically it still has the potential and will be more acceptable among many people.
sr. member
Activity: 511
Merit: 250
Montana to be a Bitcoin Mining Hub

Check it out!


 “This is obviously going to be revolutionary.”

This would be the second large mining operation to find Montana in as many years. Back in 2016, Project Spokane, LLC launched its site near Missoula. It’s already one of the largest energy consumers in the region, housing a 20 megawatt facility, employing at least 25 locals.
of course it's a fairly big mining company maybe if in my country bitcoin it's legalized by the government maybe a big mining that will happen in my country
full member
Activity: 658
Merit: 102
If you really need some emergency cash and the only option left is your bitcoin, why not sell it? Bitcoin is not only for investment purposes you can also use it any emergency needs converting it to cash so it is not a big loss but a big help. I usually sell bitcoin when its price is high when it seem already reach its limit in uptrend then wait for the market to go down more before buying to avoid possible losses.
newbie
Activity: 29
Merit: 0
amazing
full member
Activity: 378
Merit: 100
In a few days, we will be reaching $15000 again. Those who sold dont know the game.
Unfortunately, your optimistic forecasts did not come true. Well, or not as fast as we would like. After all, a year ago, the growth of bitcoin was only in the fall.
newbie
Activity: 70
Merit: 0
Those who sold btc at $6000 will definitely regret their decision. In a few months, the end quarter of the year to be precise, bitcoin will be back to $20000 and will continue to rise until year 2019. The fluctuation will always happen but t will be definitely be going to be uptrend.
newbie
Activity: 232
Merit: 0
Montana to be a Bitcoin Mining Hub

Check it out!


 “This is obviously going to be revolutionary.”

This would be the second large mining operation to find Montana in as many years. Back in 2016, Project Spokane, LLC launched its site near Missoula. It’s already one of the largest energy consumers in the region, housing a 20 megawatt facility, employing at least 25 locals.
Montana is Home to New 53 Acre, $75 Million Bitcoin Mining Facility.

read it here https://news.bitcoin.com/montana-is-home-to-new-53-acre-75-million-bitcoin-mining-facility
newbie
Activity: 84
Merit: 0
If it is flesh, I think this is a stupid behavior
Bitcoin will not be as valuable. We need more patience and confidence.
Don't need to panic.
full member
Activity: 644
Merit: 103
They lose only if they sold at below the price they bought, i think they sold because they think to use that money to start making their own 'real bussiness'.
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