AmazonmBQY22

Should I sell my bitcoin & ethereum?

Honest question, should I sell this stuff or should I hodl? Currently I own 1 BTC and 17 ETH. I'd made a few grand on my BTC and have lost a few grand on my ETH. I don't need the cash, but if people think these crypto's will be worthless soon then I'd rather cash out. However do people think these will ever be adopted my mainstream businesses? If so, I'd rather hold and hopefully make some decent coin in the future. Thoughts?

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NVIDIA fmnlaclb Nov 11, 2019

Honest answer: invest don’t speculate, and invest in something that’s not crazy volatile

Amazon mBQY22 OP Nov 11, 2019

agreed. i bought all these coins back in 2016-2017 when crypto was on the rage. i couldn't help myself lol

Google 🍑☁️ Nov 11, 2019

Read about what's going on with the Tether legal case. The whole Bitcoin economy was underpinned by fraud. Those conditions will never be replicated.

VMware goketsu Nov 11, 2019

Actually they have been multiple times.

Google 🍑☁️ Nov 11, 2019

Nothing else has been even close to Tether

VMware goketsu Nov 11, 2019

I think they are the future but invest small amounts at a time using a DCA approach from here on.

New
absoa Nov 11, 2019

Sell until the position gets to 5% of your net worth, keep the rest invested. That’s what I did. I have 50k in BTC + ETH, took out about 150k last year.