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?
Not bad advice. If you do that, you will have always 2x profit when you sell your bitcoin.
This is surely need long time to accomplished because your ROI must hit 100% and you can sell it then.
Why not you buy tokens in ICO using your bitcoin ? you will earn more.