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Quotes of the day:
Everyone got caught up in the debate of deflation, Greece and the Ukraine crisis and so expectations were quite low, it now seems the deflation story is a positive one for the euro zone since cheaper oil means consumers spend less on energy and have more money in their purse.
Locking in profits refers to the realization of previously unrealized gains accrued in a security by closing all or a portion of the holdings. When an investor holds an open position, they may accrue unrealized or paper gains or losses that aren’t realized until the position is closed. An example is when an investor that’s long a security can lock in profits by selling their stake for a gain. By doing this they are no longer subject to changes in the underlying.
When to Sell Your Cryptocurrency | 3 Strategies to Lock Profits
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