Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
elrippos friend
on 23/08/2018, 10:48:39 UTC
guys, i need some advice. i went full in on xmr with fiat in the early days. Should i diversify my xmr in some bitcoin? it does not look a good time to do that cause the xmr/btc ratio keeps dropping... but it looks that btc is falling a bit less hard in fiat value then xmr. Its just hard to believe at this moment we will see a new ATH in monero again in USD...

Is this significant money to your life and/or quality of life?

If so I would suggest that you take some off the table and stash it in something a lot less volatile. Whatever you want to do there is up to you. Could be fiat, gold, quality (not speculative) land, really anything.

Yeah, you should have done this eight months ago, but since you did not, don't compound the mistake by refusing to do it now.

This does not mean dumping all your XMR, cryptos, etc. It means exactly what I said. Take some off the table and reduce risk so that you are still in decent shape in case crypto does not work out, or even eventually works out but remains in a painful bear market for far longer than anyone expects or is prepared for.

If this is is not significant money to your life then just carry on with the speculation as you see fit.

My 2c.



Nice advice, beeing careful and mature, still i would wait for the mid of september, historically this is a month with serious gains  Grin

Remember, remember the pump in September

Yeeeaaaahhhh, i think we will at least see the 0,05's in the remember season  Kiss Grin