Unrealised Profits Aren’t Profits

The long awaited notcoin just launched, something that seemed like a child’s play to me turns out to be extremely profitable, notcoin exceeded my expectations. Lots of non crypto people became crypto enthusiasts today because of notcoin. It was so simple to do, all you had to do was use telegram to tap, do lots of tasks and earn some notcoin. I was shocked to hear that some of my non crypto friends were doing it, I never paid attention to it, for one it sounded ridiculous to be tapping on a screen for some money so I ignored it. But one of my friends convinced me to tap even thought it looked ridiculous.

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I tapped, fortunately, I got an airdrop worth $100 at the time of listing, but most of my non crypto enthusiasts friends were indecisive towards holding or selling it. They were on the idea that it will keep pumping and they will keep acquiring profit, I looked at them and laughed because this is an act of a newbie. Newbies get infatuated by the profit they see on the screen, they get excited by the unrealised profit not knowing that unrealised profits are not profits. If you dont sell and spend your profit, at that moment it’s not yours. Today if you are worth $5000, it’s just for the moment, you dont know what the price would be the next day.

Same thing goes with investing, when you invest, you get emotionally attached to your investment and become extremely greedy. You see lots of unrealised profits and suddenly you start wanting more and start waiting for more profits, you start thinking you deserve more and start holding on to your unrealised profit. Remember that this crypto money is all dumb money on the internet, as long as its not in your bank account, your safe or your cold storage, we are all playing on the internet. Old luna investors will tell you better.

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