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Board Beginners & Help
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Can somebody answer my question?
by
Demator027
on 15/12/2013, 00:02:34 UTC
   I have recently told my parents about Bitcoins. (They know a little about it from news ect.) And that I had bought some a few weeks back, And sold at $1100 and bought back lower, But not as low as my original buy in price, And they are mad that I didn't just hold and that I have lost a "Profit margin" Even though I've gained more bitcoins than I had.
 
   So, I guess my question is How can I explain to them why selling high and buying low is better than just holding?