Thanks for sharing your thoughts.
It is interesting to see other points of view for crypto trading.
For the Cryptsy problem of a possible crash, i would suggest to cashout partial profits in BTC and/or USD.
Offcourse the altcoins for trading need to stay there, but taking out a part as "savings" (15-30% per month?) is a good idea
to avoid maximum loss and reduce the floating risk. It would be sad if you loose all again, think of the time you spend.
As i had written it before that one dude i know made it from 6k up to 200k and got Goxed in the end
.
(i managed to initialise a BTC withdraw ~72h before mt.Gox crashed, my altcoins where not in danger)
It is interesting to see other points of view for crypto trading.
For the Cryptsy problem of a possible crash, i would suggest to cashout partial profits in BTC and/or USD.
Offcourse the altcoins for trading need to stay there, but taking out a part as "savings" (15-30% per month?) is a good idea
to avoid maximum loss and reduce the floating risk. It would be sad if you loose all again, think of the time you spend.
As i had written it before that one dude i know made it from 6k up to 200k and got Goxed in the end
.(i managed to initialise a BTC withdraw ~72h before mt.Gox crashed, my altcoins where not in danger)
Yea, I started to withdraw profits already. If I knew, Cryptsy will stay here without mayor problem next 3 years, I would load 100BTC there to invest into cheapest coins. But right now, I am already heavily invested and If I am right, I will earn enough. I will have decided to withdraw 1/2 of my profits and the another half I will reinvest.
PS: I just found, there is a new promo code for bitcoin trezor for just $79. I have ledger wallet, but I am gonna to buy trezor, just to have more places where to store my coins.
Here is the link: https://medium.com/@satoshilabs/bitcoin-trezor-for-independence-893e36f8d8fe
Wish you lot of luck on trading:)