I know that not all the people out there had gain in bitcoin investment and some of them are losing their money and made a wrong decision which is to sell their bitcoin in low price. So their money was being compromised and that is unfortunate event for them to happen. However, i know that there are also smart people out there who are patiently waiting and now gaining in their loss since they had already the confidence on facing the challenges on. As we all know that all investment has its own risk and bitcoin is no exception for that. Somehow these smart people had already recovering their loss. I just want to figure how they manage to recover it from the fall down.
it's important to realize that there is no loss unless you sell your bitcoins. If you hold them, then you still have the chance to benefit when the prices will grow again.
We have a winner here!!
This is correct. As long as you haven't sold any single Satoshi you haven't made a loss. That's what is called unrealized losses!
For the time being your portfolio may be worth a lot less, but it is no loss!
So you can hold, if you have strong hands and patience, and just wait until the market reverses and price rises above your break even.
Then you'll be in profit. But as long as you don't sell, this is unrealized profits!
So you're making bank when selling above break even, and you lose when selling below break even.
