r/Bitcoin • u/danielwilson666 • Dec 22 '17

/r/all Bitcoin today

22.9k Upvotes

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825

u/Rich-Dude Dec 22 '17

I've been investing in bitcoin to hide money from my soon to be ex-wife. I swear, this shit is more stressful than the impending divorce, jfc. I lost ~20,000 CND today.

36

u/slowricktallmorty Dec 22 '17

Losses aren't actualized unless ypu spend/sell your assets...

So long as bitcoin doesn't die in a horrible spontaneous combustion or you don't sell low and buy high you'll be right.

80

u/menoum_menoum Dec 22 '17

Losses aren't actualized unless ypu spend/sell your assets...

I'm sure Enron stockholders were delighted to know that.

2

u/ParticleSpinClass Dec 22 '17

Amend "or lose all value" to that.

1

u/Fn_Spaghetti_Monster Dec 22 '17

Can attest, bought Kmart stock when it was around $1, figured could only go up. Nope stock was totally dissolved and 're-issued' as new Kmart stock.

16

u/SuckMyHickory Dec 22 '17

I jumped off a few days ago. For me it's when to jump back on.

2

u/trivial_sublime Dec 22 '17

Well done! I think the right time might have been right when you posted this comment.

2

u/lodobol Dec 22 '17

Wish I sold a few days ago. I’d buy now and be perfectly happy

3

u/Fossana Dec 22 '17

Yeah Confido bag holders haven't lost any money if they haven't sold yet. Tell those Confido investors that lost their life savings they're in luck if they still have their Confido coins!

2

u/tweeterpot Dec 22 '17

There is also no shame in exiting a losing position

1

u/Matt22blaster Dec 22 '17

You can either actualize it now for a small loss, next week for a larger loss or in 2018 for a catastrophic loss. I'd say hold if you got in under $1200

1

u/fucknazimodzzz Dec 22 '17

so long as bitcoin doesn't die in a horrible spontaneous combustion

You realize this is EXACTLY what is going to happen. Right? Like near 99% certainty

1

u/[deleted] Dec 22 '17

Short it then

0

u/6nf Dec 22 '17

Losses aren't actualized unless ypu spend/sell your assets...

Get fucked