Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Akbarkoe
on 03/11/2024, 23:38:34 UTC
⭐ Merited by JayJuanGee (1)
Losses are inevitable but net loss is as a result of poor risk management, skill and knowledge.
Investing in Bitcoin could cause losses
The possibilities isn't neglected but it has never caused losses so far to holders.
Personally I believe a dip doesn't necessarily mean loss
It occurs when you sold
Then one can say they made a loss since they sold lower than. Buying price.
As long as am holding especially Bitcoin, I haven't lost yet.
Personal mindset am building.
That's right, basically when we don't sell the bitcoin we have then the loss will not be realized, it's just an estimate of the loss when having a value reduction in the bitcoin we have bought, the loss will be realized if we sell it, in simple words the loss will not occur if we don't sell it.

If you have that mindset then there must be the same comparison in view here, when you experience profit and the current price is higher than your purchase price then when you have not sold it the profit is not realized because you have not sold it, it is only an estimated profit that has not been taken by you, remember friends don't let the deer you catch be released again. Wink