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Yeah but nobody knows the future. That means anyone holding through a drawdown is committing the sunk cost fallacy?
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Yeah but nobody knows the future. That means anyone holding through a drawdown is committing the sunk cost fallacy?
Yes it is because I don’t know the future. Me holding on is refusing to realize the loss. If I sold and didn’t get a new loan then you are correct.
I bought Bitcoin at $118k by not selling a single sat to pay off the loan balance I haven’t realized the loss yet.