"I haven't sold, so I haven't lost?" 🤔 The truth is deeper than that 🚨
If you are an investor in cryptocurrencies and think that "not selling means not losing," it's not that simple. The truth is that your stagnant capital in a currency that isn't moving can cause you indirect losses, which is missing out on safer and more profitable investment opportunities. The idea is simple:
If your money is stuck in a currency whose value does not significantly increase or decrease, it means you might be missing the chance to invest it in alternative assets that provide stable returns, such as:
U.S. government bonds that yield about 4% annually.
More stable and safer assets with lower risks.
The question you need to answer is: If you didn't own this currency right now, would you buy it at its current price?
If the answer is "no," this is an indicator to rethink your current investment.
Therefore, smart capital management is necessary:
Crypto is a very volatile market.
Avoid getting attached to a specific investment due to the fear of realizing a loss.
Look for alternative opportunities that provide the best return with the least risk.
The secret to staying successful: Think smart, be flexible, and don't risk all your money. 🌟
And in the end, stay safe and successful! 🌷