Post
Topic
Board Economics
Re: What plans do you have for your BTC stash?
by
mcplums
on 26/04/2016, 09:51:11 UTC
I have a very aggressive strategy.

I have put my life savings into bitcoin. Whenever it goes up 10 times, I will sell 10%. My buy in was $270, so I will sell my first coins when it's at $2700.

When bitcoin is $27,000 I will sell another 10%. This will be the first time I will make a penny of profit.

I don't even feel this is risky. I have holdings in all the major altcoins as well and will follow the same strategy with them. If bitcoin goes kaboom, I am confident another coin will pick up the slack.