Post
Topic
Board Altcoin Discussion
Re: Why I'm NOT Buying Ethereum...
by
mv1986
on 08/03/2019, 21:28:28 UTC
You don't get a lot of cash in the traditional form, but a lot of crypto that is worth a lot. One issue I see is that everybody wants crypto to replace FIAT, but when crypto goes up in value they all sell their crypto for FIAT.
That is what I do most of the time. So, instead of holding it for a long time, it is more profitable for me to evaluate the present price. Besides it is not clear how long the bear market will last. Anyway if I had another place for earning, I would have kept it for a long time, but trade is source of my earnings.

I hope for you that it is not a main source of your earnings or otherwise you are to a large degree at the mercy of markets, and markets can be ruthless.