Post
Topic
Board Bitcoin Discussion
Topic OP
Reinvest initial investment, or keep profits?
by
johant123
on 18/01/2021, 09:30:26 UTC
Hi all,

In the past weeks, I have sold some BTC, and I have my initial investment (about $5000) out. Which means that everything I have in BTC now (about $8000) is "free". That is fine, but I am thinking about what to do with the money I took out:

  • Put it in a less volatile investment, as a long term safeguard
  • Reinvest it in BTC as soon as the price drops (it eventually will, but when?)

In the first case, I have secured my initial investment in the long term, so I won't need to worry about it, but it also won't make much more for me.

In the second case, the potential for gains is much higher, but I still risk losing my initial investment. I don't need the money now, but I would feel sorry about it.

I plan on keeping what I have left in BTC for the long term. My question is purely about the initial investment that I took out again.

What's your opinion? Thanks!