Bitcoin price is rising up in rocket speed and penny-pinching mind is always yelling that hold.. hold and hold your Bitcoins. Don't convert to fiat or spend them. But, there's a big risk...what to do?. This is a question somebody asked me today.
I didn't answer at him, but, thought deeply about that and got the following mind.
If you've 10BTC convert 5BTC into fiat and wait until the remainder is reaching to 10BTC and do the same again.
Is this a good advice?
For me I think that is also a good idea because while you keeping on holding and waiting for the upcoming bull run it is better to making safe some of it so you ca have already a secured money and even if whatever happen you'll be secured. That strategy is to having your investment a security purposes. It is slowly movement but there are surely profit so for me that will be a better idea.