Post
Topic
Board Speculation
Re: Who is currently losing money on bitcoin?
by
butcherme
on 17/02/2018, 17:00:15 UTC
I suppose that there are some newbies (and some non-newbies too) out there who got invested over 10k, and are currently losing money.
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?

Well, as long as you haven't converted your bitcoin to fiat you are not losing money. However, I think a lot of people who cut their losses when the market crashed lost a lot of money. Panic selling will do you no good because all you get is loss. Don't panic sell during crash when you don't really need fiat money. Just hold your coin and wait for the market to recover.