Test whether you’re fit to trade stocks:
1. You spend $5 million to buy a house;
2. The house depreciates to $3 million, and you sell your house;
3. The house keeps depreciating to $1.5 million, and you buy it back again. Now you have a house plus $1.5 million in cash.
So, are you losing money or making money?
$BTC
1. You spend $5 million to buy a house;
2. The house depreciates to $3 million, and you sell your house;
3. The house keeps depreciating to $1.5 million, and you buy it back again. Now you have a house plus $1.5 million in cash.
So, are you losing money or making money?
$BTC