Round-Tripping

Round-Tripping in crypto is when an investor sees their unrealized profits disappear because they fail to take profit and the asset returns to their original entry price. It reflects poor exit planning or waiting too long in hopes of higher gains.

Example:
A trader goes long on Bitcoin at $80,000. The price climbs to $100,000, then $112,000, and even touches $120,000, but they don’t take any profit. When Bitcoin drops back to $80,000, all their paper gains vanish, and the trade is back to break-even.