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?
Bitcoin price is rising up in rocket speed and penny-pinching mind is always yelling that hold.. carry and hold your Bitcoins. Don't convert to fedex or spend them. Although, there's a huge risk... what to do?. This can be a question somebody asked myself today.
I didn't answer at him, but, thought deeply about that and got the following head.
If you've 10BTC convert 5BTC into fiat and delay until the remainder is reaching to 10BTC and do the same again.
Is this a helpful advice?