📈 What Does "Unrealized Gain" Mean?

A capital gain is the profit you make when selling your Bitcoin for more than what you originally paid.
Conversely, a capital loss occurs when you sell at a lower price than your purchase price.

An unrealized gain (also called a latent gain) means that you haven’t sold your Bitcoin yet — the gain is not final and can still change depending on the Bitcoin price.

💡 A gain becomes realized only when you sell your Bitcoin for euros and receive the proceeds (profit or loss).

This distinction is important for tax purposes, as in many countries, only realized gains are taxable.