๐ Today's key takeaway: Unrealized and realized P&L
Realized P&L is the profit or loss locked in on the portion of a position that has been closed. It's added to your account balance and no longer changes with the price.
Don't treat unrealized gains as money you've already made. If the price pulls back, unrealized gains can quickly turn into losses.
Be skeptical of claims of consistently high returns.
Quick glance: $BTC โ current price 81584.19, 24h -0.48%.
Realized P&L is the profit or loss locked in on the portion of a position that has been closed. It's added to your account balance and no longer changes with the price.
Don't treat unrealized gains as money you've already made. If the price pulls back, unrealized gains can quickly turn into losses.
Be skeptical of claims of consistently high returns.
Quick glance: $BTC โ current price 81584.19, 24h -0.48%.