“As soon as it gets back to what I paid, I’m out.”
Imagine buying $BTC for a reason that no longer convinces you. Even so, you keep watching the price you bought in at, as if getting back there would settle the decision.
The curious thing is that if you had that money outside the investment today, you might not buy it at all. But when it’s already invested, it’s harder to see it the same way.
That’s the question: how much weight do your thoughts today carry, and how much is the desire not to close out in the red?
Have you ever waited just to break even?
Imagine buying $BTC for a reason that no longer convinces you. Even so, you keep watching the price you bought in at, as if getting back there would settle the decision.
The curious thing is that if you had that money outside the investment today, you might not buy it at all. But when it’s already invested, it’s harder to see it the same way.
That’s the question: how much weight do your thoughts today carry, and how much is the desire not to close out in the red?
Have you ever waited just to break even?