What do you mean by “no risk”? This sentence seems to imply that your decisions are influenced by the sunk cost fallacy.
Try to imagine an alien who has been teleported into your body, who is trying to optimize your wealth. The fact that the coins were worth a third of their current price 18 months ago would not factor into the alien’s decision.
18 months later its worth about 3x this price. You could sell 1⁄3 and have no risk, and let the rest ride.
What do you mean by “no risk”? This sentence seems to imply that your decisions are influenced by the sunk cost fallacy.
Try to imagine an alien who has been teleported into your body, who is trying to optimize your wealth. The fact that the coins were worth a third of their current price 18 months ago would not factor into the alien’s decision.