Post
Topic
Board Bitcoin Discussion
Re: How do you go about realizing gains? If you opt not to, what is your reason?
by
Peanutswar
on 25/08/2023, 14:17:22 UTC
We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat,

Once you bought a coin it is what it is, if you bought 1 BTC still its 1 BTC but if you see the price it varies of course, the price of the BTC you bought for example is 20k$ and the price pump or dump the value of it now becomes volatile, not until you will sell your asset, but if you keep holding the coin and the price changes we called this as unrealized profit or loss, you will get this after selling your hold assets. Make an investment plan, until you will hold and when you will sell your asset.