How is this a sunk cost fallacy? As an investment, selling off a portion locks in gains, rather than leaving it all at risk should BTC lose significant value.
Selling off a portion of your investment to protect yourself from excessive risk is perfectly rational. Doing it partially as a function of the price you originally paid is not.
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How is this a sunk cost fallacy? As an investment, selling off a portion locks in gains, rather than leaving it all at risk should BTC lose significant value.
Selling off a portion of your investment to protect yourself from excessive risk is perfectly rational. Doing it partially as a function of the price you originally paid is not.