Entropy involves losing energy over time.

No, this statement is incorrect. Entropy is a measure of disorder or randomness in a system, and it is not directly related to energy loss. In fact, entropy often increases over time in isolated systems, which means the system becomes more disordered. This increase in entropy is known as the second law of thermodynamics. While energy can be converted or transferred between different forms, the overall amount of energy in a closed system remains constant (as per the law of conservation of energy).