View Single Post
Old 01-03-2018, 01:32 PM  
wankawonk
Confirmed User
 
Industry Role:
Join Date: Aug 2015
Posts: 1,018
Quote:
Originally Posted by rowan View Post
If you had 15X gains, why not leave some in? You could cash out 95% of your holdings and still be in profit.
I actually still do have about 6% in, sitting in BTC, monero, and BCH/BCG (haven't cashed in from the hard forks yet).

But I don't know how to diversify it anymore. I had about 20 altcoins, but they're all too damn high now!

Quote:
Originally Posted by adultwebmestar View Post
fiat, Facebook, stocks etc. seems bubble. Whats your next step (sitting in fiat and wait the dip)? I have 15x gain too, I will buy robo etf-s maybe and gold, but main investment still crypto. the most alt coins are going to produce their products in this year. lightning network will be a huge story too
I'm gonna buy a house, rent it out, and put up a granny unit on the property for myself. I'm more or less a professional slacker with an extremely modest lifestyle, so I'm trying to get myself set up for life such that I never have to work for anyone else ever again if I don't want. When your goal is mostly to never set foot in an office, vs getting filthy rich, simpler/safer investments are very attractive compared to something like crypto.

But yes, I also do plan to throw money back into crypto after the next major correction.

I'm very interested in what happens with lightning network, too. I fear it might not work out the way the core devs hope...but if it does, I expect bitcoin to regain dominance.

Facebook/amazon/google don't seem like a bubble to me, btw. I don't doubt that there's a correction coming for the stock market, but the growth of these tech stocks has been a very consistently straight line for years.

Quote:
Originally Posted by LeMeLiN View Post
Indeed a bubble but at some point the prices will stable, it's not going to disappear.
Will the prices stabilize, or will they correct? I'm not sure if I can think of any historical bubbles where the prices stabilized without significant correction...but I'm not a particularly educated person when it comes to financial market history.
wankawonk is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote