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If you're 90% certain price will go lower, it's very profitable to sell at current price and buy at a lower price. It's simple math but most people seem to be unaware of this, almost brainwashed with - If you don't sell you don't lose. Well - If you sell

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by COINS NEWS 145 Views

You may be laughing but yes there are people who still think if they sell all their BTC now and buy with the entire amount at a lower price say 20k, they will lose money. The entire illusion comes because they will be selling at a loss. So in their mind, Oh no I'm selling at a 50% loss. Well yes but if it dips further and you buy back , that's profitable!

Buy 2 BTC at 60,000$ = 120,000$

BTC price goes 30,000$. Sell 2 BTC at 30,000$ = 60,000$

BTC price goes 25,000$. Buy BTC for 60,000$ at a price of 25,000$ = 2.4 BTC

So because you sold at 30k and bought again at 25k you now have 2.4 BTC instead of 2 BTC. If price goes back to 60K you will have 144,000$ instead of 120,000$.

Please don't attack and don't laugh at people who ask should I sell and buy lower.

submitted by /u/gen66
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