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Topic: Those who sold bitcoin are in for a big loss - page 20. (Read 2190 times)

newbie
Activity: 361
Merit: 0
That's a sad news for them, but those who left some tokens in would quite be okay.
newbie
Activity: 322
Merit: 0
Those who sold bitcoin do not really understand the principle of its operation and what it grows from. Soon its price will once again go beyond the horizon and again these crypto hamsters will run to buy it
hero member
Activity: 1246
Merit: 529
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Of course, who sold bitcoin for 5500 in February made a huge stupidity. I do not think that many such people who bought $ 20,000 each sold $ 5,500 Grin
Well indeed those who sold bitcoin was in a big loss did'nt think of to hold anymore. Many people suffered of big loss actually so when patient do exists we can achieve to be succeed. I think those who bought at $20k sold their btc at lower rate due to panic sell.

Most of them are likely newbies. Easily scared of a few fuds and a declining value. They need to understand that it takes more than hype to become successful in crypto and probably a lot of them learn a bitter lesson with how things are playing out this year
newbie
Activity: 77
Merit: 0
It depends on the profits you made when you sold it,if you made a huge profit then good for you,but if you sold at a low price then you probably made a loss.
hero member
Activity: 1582
Merit: 523

Of course, who sold bitcoin for 5500 in February made a huge stupidity. I do not think that many such people who bought $ 20,000 each sold $ 5,500 Grin
Well indeed those who sold bitcoin was in a big loss did'nt think of to hold anymore. Many people suffered of big loss actually so when patient do exists we can achieve to be succeed. I think those who bought at $20k sold their btc at lower rate due to panic sell.
newbie
Activity: 126
Merit: 0
Depends on when they sold. Some sold at the top an bought back as the price went down.
newbie
Activity: 84
Merit: 0
Not into mining anyway... But really, those who sold their Bitcoin during dip thinking it will never is such fools to be honest, have they even research about holding and only think about their income and loss?
newbie
Activity: 86
Merit: 0
It is depend upon at what price they have sold, If the sold at present the can earn only 5000$. So it is a huge loss. But in February the value of bitcoin is around 20000$, so they can get a good profit. At present selling of bitcoin is foolish
full member
Activity: 924
Merit: 100
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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.

Right now many company and peoples with large capital start to build bitcoin mining. Its profitable as long electricity cost low because in some country have different electricity tariff. Bitcoin is already profitable commodity in the world and can beat gold price.
More people hold their bitcoin, hopely can increasing bitcoin price
full member
Activity: 346
Merit: 100
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.
never taught open a mining will increase bitcoin price.lol what i hope is a positive review about bitcoin not getting more banned. sell now sure make a huge loss but if you hodl and hope the price will increase again it will make profit..but when bitcoin will bull?
newbie
Activity: 114
Merit: 0
Not those who managed to sold them last year for 15-18k Grin we ain't rraching.these numbers this year, I'm afraid
member
Activity: 238
Merit: 10
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yes because bitcoin price now is so high those who sold their bitcoin in lower price should be a big loss because they lost a big amount of price that bitcoin has.
If they sold it at $19K they are now laughing as they can buy back bitcoin as many as they can considering the price of today. Nobody can predict the price of biitcoin as this has many factors that can affect the daily price. The best strategy for me is to hold if the price is lower than my buying price.
full member
Activity: 350
Merit: 102

Of course, who sold bitcoin for 5500 in February made a huge stupidity. I do not think that many such people who bought $ 20,000 each sold $ 5,500 Grin
jr. member
Activity: 328
Merit: 2
      If they buy bitcoin in a higher price and sell at a lower price of course they loss. But if you say in the future of bitcoin and those who buy before and sell now we can't tell if they are in a big loss because bitcoin is volatile even we are predicting bitcoin in a positive way in the years ahead.But we are still positively believe that there is a bright future in bitcoin and investing for long term has more profit.
member
Activity: 204
Merit: 10
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.
Made huge profit mean not loss. Not all people who sell their coin would be in loss.
All depending on how much price they buy and sell their bitcoin. Maybe you think this because bitcoin price will increase its price again but it does not mean the people is in loss just because of that..
hero member
Activity: 980
Merit: 502
In a few days, we will be reaching $15000 again. Those who sold dont know the game.
I am completely in favour of your statement that those who has sell their bitcoins in just a fear of having a loss due to deflation of valuation are the biggest loosers and they obviously don’t understand the game. Bitcoin is that kind of investment that can provide you very good profit but the only thing required is that you need to invest wisely because it can gives you a very big loss if you just invest in greed of profit only so in my opinion this is the time when you need to hold bitcoin instead of selling.
newbie
Activity: 19
Merit: 0
May be monetary loss would have been there but the anxiety, stress associated with turbulence was definitely taken care of, health is equally important so I feel
newbie
Activity: 57
Merit: 0
Definitely, they are. Most of them are panic sellers that are scared to take the risk and lose money. By looking and observing the trend of bitcoin in the market now, and if they are only patient, they might earn much larger than the current value when they sold it.
hero member
Activity: 994
Merit: 544
A new bitcoin mining facility in Montana is a good news and though we do not know if it affects the price of bitcoin but it will help the community in confirming transactions on the mempool to avoid delays. Also with regards to the topic there are two kinds of people who sold their bitcoin one are those who sold their bitcoins when it is at its peak at 20k$ and those who sold it during the dip. We can say that the other one gain huge profit while the other one have lose a big amount of dollars. So to say that people who sell bitcoin are at loss is conditional and it depends on the situation.
jr. member
Activity: 182
Merit: 2
No. I don't think so. It all depends on at which price one sold his or her bitcoins. If they sold it at a huge price, they are making profit already.
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