Post
Topic
Board Speculation
Re: Goomboo's Journal
by
Ozymandias
on 29/10/2013, 17:43:50 UTC
Daily traders should be sitting on an unrealized profit of around 51% or $70 per coin.  As always: be skeptical of unrealized profits.

Hi Goomboo

Thank you for the topic, it is very informative. I was wondering, what do you mean by 'be skeptical of unrealized profits'? Should I understand it as 'be weary of daily traders going into profit taking mode'? Or something else?

Basically, it's not a profit until you've sold and the fiat is in your pocket