Quote from: Ararbermas on May 26, 2021, 06:55:49 AM

good mindset mate.. Because making exit while have loses isn't a good idea actually in my opinion also, wherein if you do that there's no way you can regain all of your profits that disappear during the crash and for sure you will regret that if you saw market suddenly bounce back.

Yup, I don’t really see the need for selling an asset when you’re in total loss it is not going to be making any sense at all, because the aim is to make profit , so if it’s not profit , it’s best to just leave it there, even if it’s going to take a long time. But, I have realized that the reason why people would do this is because they are investing cash that they are in need of for other purposes.

There are people who don’t have money for investment, and they would invest the money they are going to be needing in a short time, and if the price of Bitcoin or the cryptocurrency they have invested in happens to plummet before they withdraw it, they are still going to withdraw because they need that money for other things and that’s a loss for them.