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February 28, 2018, 02:01:10 PM |
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I'm very stubborn about not selling in the red, although I'd be curious to hear whether anyone also uses the 'loophole' of re-distributing at a loss. For example, I might take some out of a coin I'm sitting at a loss to buy a deeper dip on another coin I believe in more. The way I see it, as long as I'm not converting back to fiat, I'm not 'locking in' that loss... and sometimes another coin looks like it will recover faster/higher than the original coin. Do you see what I mean? Also, if there are events on the horizon... for example, I converted some IOTA I had sitting on a -20% loss, and bought some TRX which was absolutely in the dirt, because when they burn the tokens on 31/03 TRX is going to rise big time in comparison, I believe.
Maybe the difference is mainly psychological.
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