Re: What did you buy with your Bitcoin as Plan B for the future?
A year or two ago, I was one of the lucky people who broke even with my investment capital and since then I made almost 800% profit on the capital that I invested in Bitcoin. I decided very early on that I would not have all my eggs in one basket and I started to sell some bitcoins to buy assets and also collectables to serve as a plan B.
How many people sold some bitcoins for some profit and used that profit to invest in something else, just in case something went wrong with this experiment?
If you follow the same strategy, please share your thoughts on what you are buying or planning on buying to distribute your investment portfolio?
Maybe it is not a bad decision ? Maybe if you did invested into something else you would have had much worse outcome ?How many people sold some bitcoins for some profit and used that profit to invest in something else, just in case something went wrong with this experiment?
If you follow the same strategy, please share your thoughts on what you are buying or planning on buying to distribute your investment portfolio?
Maybe that would make you lose all of your money quickly, maybe keeping it in bitcoin was the smartest decision because in 2 years it will be x20 than right now ?
We still don't know the results until that person has either enough money to live forever or has no money at all. Bitcoin is not dead, you are not dead, he is not dead so we still have time to wait and see if bitcoin is better or not, maybe it will move slower and you will be at a loss for longer while transportation people make money but in the end maybe you will pass them.
I had a lawyer friend who made a ton of money and much more than I did but last year I made a lot more than him thanks to the increase, now he is making more than me again but who knows maybe I will pass him again.