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🚫 Never sell at a loss
🚫 Never sell at a loss
🔴 Newbie mistake:
Saw a drop → sold in a panic → locked in a loss.
Over time, the asset returned or grew higher, but you have nothing left.
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🟢 The right approach for an investor:
1️⃣ Don't sell at a loss.
While you hold — the loss is virtual. It only becomes real after you hit the 'sell' button.
🔴 Newbie mistake:
Saw a drop → sold in a panic → locked in a loss.
Over time, the asset returned or grew higher, but you have nothing left.
---
🟢 The right approach for an investor:
1️⃣ Don't sell at a loss.
While you hold — the loss is virtual. It only becomes real after you hit the 'sell' button.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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