JnyRotten

losses buying Crypto currency and exchanging

2 posts in this topic

Hi I'm very new to cryptocurrency investment. I have a dummy acc which i'm learning to trade with and plan to make some investments but it's early days and i'm being cautious. The main question i have is do you have the same loss to exchange crypto to crypto as you do when you go from fiat to crypto? I think when i bought my dummy investments i lost about 10% and i was wondering what happens when you exit to Fiat Currency, do you incur the same loss again, can this be limited to moving investments to USDT instead of fiat if for example you want to take a pause and not leave investments in the crypto currencies.

I appreciate any light that can be shed on this topic.

 

 Thanks!

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Are you invest money on any cryptocurrency?

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