When prices are going down ‘Not a Loss Untill You Sell‘ is repeated over and over again. Like the title states, in my opinion, this is a really really naive way to look at it.
Don`t get me wrong, I am a big believer in crypto. But a huge % of the Cryptocurrency`s out there are very likely to never reach their ATH`s of last bull run again. Watching prices maybe fall all the way to 0 is just senseless. If you truly believe in a project, than I say, go for it! But please be carefull.
I sometimes even see people saying ‘I will never sell and don`t look at it for a decade’. What if that crypto crashes? Or some big news arrises what makes that crypto skyrocket? At least keep following the news a little so you don`t miss out on gains or lose everything.
In my opinion you won`t win untill you sell. And this is from a money point of view.
submitted by /u/Username-Not-A-Bot
[link] [comments]