Quote:
Originally Posted by rowan
If you had 15X gains, why not leave some in? You could cash out 95% of your holdings and still be in profit.
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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
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
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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
Indeed a bubble but at some point the prices will stable, it's not going to disappear.
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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.