Post
Topic
Board Bitcoin Discussion
Re: You don't loose if you don't encash
by
davis196
on 23/07/2019, 17:13:11 UTC
Hey  Smiley
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .


You are right,but it's still very frustrating to see the price go down.BTC went from 12,7K USD to 10K for less than a week and I'm constantly thinking that I have lost more than 25% of my btc holdings.My mind is playing tricks on me,I guess. Smiley
Keep calm and HODL until the price hits the moon. Cool