One question: What’s the difference between unrealized P&L 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 already included in your account balance and no longer changes with the price.
Don’t treat unrealized gains as money you’ve already made. If the market turns, those gains can shrink quickly.
Here’s the current price: $BTC is quoted at 71,415.15, down 3.38% over 24h.
Realized P&L is the profit or loss locked in on the portion of a position that has been closed. It’s already included in your account balance and no longer changes with the price.
Don’t treat unrealized gains as money you’ve already made. If the market turns, those gains can shrink quickly.
Here’s the current price: $BTC is quoted at 71,415.15, down 3.38% over 24h.