What is "PNL" in Red on the Platform? Explained from My Experience 💔

If you are a newbie in the crypto world and have seen that terrifying "Today's PNL" in red on your account, I completely understand you. The first time I saw it, I almost had a heart attack. Let's talk straight about what the hell this means:

PNL is "Profit and Loss" (Gains and Losses).

When it appears in red, it means that since the beginning of the day ( according to UTC ), your investments have LOST value. It's that simple and that painful.

In Christian terms:

🔴 Red = You're losing money, friend. If you started with $100 and now you have $90, that "-10" in red is screaming at you that you're going $10 down. It's not pleasant to see, I know from experience.

Why is this happening?

💲 The crypto market is a damn roller coaster. One day you're up celebrating and the next you want to cry in the fetal position.

💲 The cryptos you bought are worth less than when you acquired them. Period.

But be careful, you haven't really lost until you sell in panic. This is the trap we all fall into at the beginning.

What to do:

🧘‍♂️ Breathe deeply. The market fluctuates wildly. I've seen 50% drops recover in weeks.

📚 Learn more about the market before panicking. Platforms show you these numbers to entice you to trade more ( and generate more commissions ).

This indicator is just a snapshot. Last week my PNL was so red it looked like a tomato, and today it is recovering.

Don't fall into the trap of emotional trading. Trust me, I've been there and you only end up burning your money faster.