You don't loose if you don't encash

[fiulpro]

Hey 
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .

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[Baronets]

A profit or loss isn't realised until you sell. However, if you are holding Bitcoin for a long term gain, then you may be missing the chances to increase your holding by scalping or other trading.This is why I keep a small balance of fiat/Bitcoin in wallets with Coinbase, and I have made a few gains with these whilst the market is moving sideways.

[fiulpro]

A profit or loss isn't realised until you sell. However, if you are holding Bitcoin for a long term gain, then you may be missing the chances to increase your holding by scalping or other trading.This is why I keep a small balance of fiat/Bitcoin in wallets with Coinbase, and I have made a few gains with these whilst the market is moving sideways.

But you know , not everyone does have time to actually check out the wallet balance and then trade also trading is not something that is a straight thing .
You do need time and effort , both.

I think holding is like gaining profit over long term but that too profit is passive. Therefore I think everyone can do that .

[enogheghase123]

Hey 
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .

Now i understand what you mean by encash and I strongly support your claim, I once have a token am still hoding on to till date, I bought as high as 10usd per token and it fell to 4.5usd per token, but I haven't loose my investment as long as am still hoding on to my token. HODL!!!

[deadsilent]

Of course it is. Don't think about selling them because it could pump in no time. Some traders are just impatient and just sold their Bitcoin. Anyway, if it's your first time trading cryptocurrency, it's not the same with stock exchange trading. In trading cryptocurrency you better have study first before buying. In your case, I think you were just hyped and bought at its high. That's a newbie mistake. But it is what it is. You have to keep it or lose some of your money. And I know you're only choice is to keep it.

[avikz]

Hey 
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .

It's called deemed profit or deemed loss. The same thing applies in real world stock market as well. Once you bought in a some equities, your deemed profit or loss depends of that equities' market price. Same happens with bitcoin or similar instruments as well. What's the bottomline of your statement??

[beatzcoin123]

In crypto, You dont loose until you let go of your investment. Irrespective of the upward or downward movement thread of the market, I stongly reccomend the hodl your token policy. TEAM HODL!!!!

[YuginKadoya]

You just missed the opportunity to profit but I guess that is OK as long as you haven't move any amount of Bitcoin from your wallet, But that big chance to get it all is already there but you can not change the fact that you still lost on that time frame where you can profit from it, you surely haven't lost anything but you just lost profiting at that moment when the price exceeds everyone's expectations, but I guess you are not regretting anything back then so it is alright as well, but I think you should focus on the now because you can not get that back and try to get a double profit in the upcoming new all-time  high.

[piebeyb]

maybe for other merchant friends to take quick profits so they sell and disburse their funds for their needs, but for those who understand investment and long-term play they have never been disturbed by their minds when prices rise and fall rapidly, I am one of the long-term bitcoin holders long

[hahahafr]

That's the basic investment rule in the investment into cryptocurrencies. You only lose when you sell your cryptocurrency in case you bought at a very high price. The best decision is to hold on with your bitcoin for a very long term or you can invest into some potential altcoins that you see on the market. Some altcoins are good to invest and can generate huge profits.

[Kakmakr]

True, but try telling that to people who bought coins at $18 000+ back in 2017. They are saying that they are losing interest on those coins, because they need to cover 1 year or 2 years Bank interest, before they can show a profit, when they eventually sell those coins. There was a 3 year gap between a dip and a recovery before, so some of those people are losing 3 years interest or profit that they could have made if they invested that money into something else. 

I try to reduce some of those potential losses, by buying on the dip again and selling for some profit when it recovers. This way, I work away the losses by taking small profits on the recent trades and volatility in the price. 

[BitHodler]

It depends on your definition of making a profit or loss. If you don't care about paper profits or losses and 1BTC is always 1BTC, then there is no way for you to lose. In that case you keep hodling.

Most people however think differently because they only care about what goes back to their bank account in fiat. I can perfectly understand that too, because crypto can be a very lucrative investment tool from time to time.

I personally don't care too much yet, mainly because I believe Bitcoin has much more room to grow in the coming years, but I would lie if I said that I don't pay attention to the price in the short term.

It's difficult not to pay attention to it because we're living it almost 24 hours a day, because this market never sleeps. I'm happy that I found somewhat of a balance between 1BTC is 1BTC and the short term price activity.

[muslol67]

Hey 
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .

After the retreats in Altcoin prices, the old fashion came up again. If you don't sell out, you won't lose. Good and interesting point but I remember last pre-bull period for altcoins. All alts getting melt like an ice cube. And people has started to worried. Then some of them had to sold their coins. Because cash needed.

If you don't need cash in short term, it is good suggest. But if you may need cash, I don't think it is a good idea.

[Oceat]

I think most people knew this method especially if they see the market's going down then they must have to HODL for a bit until the price rise back. And do some scalping if the price gains a little growth if they were an active trader. But for newbies, this might be a little problem for them if they don't know how fast the fluctuation of a cryptocurrency move.

[emberbekas]

Hey 
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .

True, you haven't lost anything, except the decline in the value of your assets, when you still hold it tight. But, most people who experience a decline in the value of their investment, usually will panic and tend not to think about the possibilities that can still occur later on. In a panic, people usually think shorter because they are afraid of losing everything.

[Mr.Ease]

I have heard this before, and have been in the situation many times. In fact, I hold many shitcoins with the same idea - Can't loose if I don't sell, even though the coin is -97%.

You know,
You cannot loose and you cannot profit...
You have 100% of the funds trapped.

Regardless, how ever you want to spin it - It's currently sitting at a loss and this statement is just a way of saying "I f*cked up" but lets look on the bright side of things...

[Muzika]

Basically, you dont lose of everything if you do not encash  but if you will look on the bigger picture when you earn from the salary you can get here and then the price drops you are still actually loosing the value of your effort and you need to wait and hold until the price raises again.

[rdluffy]

If you are holding, this is true, in a long term you should not worry about price fluctuations

If you are trying to do some trades, you can always try to sell and buy again in a dip, so it's better to make a plan and stick to, obviously the plan need some adjustments, but this way is better

In my plan, I'm trying to accumulate as much BTC as I can, but sometimes I buy at a price and in a few hours the price falls, I only have the option to wait, as you said, you will only lose if you sell.

[qwertyup23]

Hey 
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .

Taking your quote against you, you don't also earn without withdrawing your bitcoins!

It is essential that you set a limitation, cap, and a goal on your investments to know when to cash them out. Long-term investment and holding may yield you income but you may miss opportunities arising from sudden spikes and increase on its price due to its high volatility. You may want also to consider short-term investment as it may render you income relatively better than a long-term HODL.

[JohnBitCo]

Hey 
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .

That's an golden rule of trading that never sell your coins in a loss. If you have the ability to hold, then you can never lose in trading. You will hold your coins until they again reach your buying price and then you may sell.  There are only few cases where you invest in scam projects and there is no chance of the recovery of such coins.