Post
Topic
Board Bitcoin Discussion
Re: You don't loose if you don't encash
by
KuraJamban
on 23/07/2019, 18:13:11 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 cannot lose when you don't encash, but your portfolio is actually decreased.
So besides you think you can hold longer, why not choose to sell it when you realize that it will dump for more. You can get a little bit of profit through it.