Post
Topic
Board Speculation
Merits 11 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlcoHoDL
on 19/04/2022, 18:03:42 UTC
⭐ Merited by El duderino_ (10) ,JayJuanGee (1)
This man here bought 18,600 BTCs at $63k.
Current Loss: -404,775,658.1 USD

[...image snipped...]

As others have already pointed out, "current loss" is irrelevant. Like OutOfMemory, a friend of mine bought at the very top of 2017 (at just under $20k). He was at "current loss" for the entire 3 years that followed. But he was smart and did not sell. Since December 2020 he is in "current gain" mode... In fact, there is no real gain or loss, since he has never sold a single sat.

Whoever bought the above 18,600 BTC is smart AF.