Post
Topic
Board Speculation
Re: Who is currently losing money on bitcoin?
by
STT
on 10/02/2018, 23:06:03 UTC
Dont 'over invest' would be a quick point.   Just that worry alone forces bad decisions, some of the people who gained most did so because they committed and were able to forget the idea of selling, not going to happen for anyone taking big risks so dont
Losing money is very stressfull, so I was just wondering... are you cutting your losses or you will hodl your stash untill 2020 and more following an "all or nothing" strategy?

Money is ultimately all about security and storage of value, if the market is stressed then it shows in that balance between those have gained and those who have lost.  In the price that probably matters a fair bit to market confidence.    Thats why Bitcoin has to form an economy, continuous revenue streams are important to stability.    Nobody in the world can always work all day every day, everyone has to rest and pass the baton and its a natural process in global trade daily every hemisphere comes into focus and passes value to the others.

I dont think plain Bitcoin gains anyway, it has to be part of some business to receive proper growth.    There has to be more applicable businesses out there but I think holding some bitcoin in a gambling operation who require a float is more valid way to hold value in crypto economy.   At least some holding, I generally disagree with the whole all or nothing thinking as nobodys absolutely sure whether high growth ideas will survive or thrive?