Post
Topic
Board Bitcoin Discussion
Re: Reinvest initial investment, or keep profits?
by
Adamini
on 19/01/2021, 06:10:30 UTC
Good to hear you gained profit from bitcoin and increase your portfolio. Reinvesting your initial capital would increase your portfolio once again. But remember, you wouldn't be lucky always. There is a possibility of losing your capital as well. Since you don't need your money right now, you can invest it somewhere. Doesn't necessary to invest again in Bitcoin. My suggestion is, you would take out your initial investment from crypto and invest it in real life. And you could reinvest your profits in Bitcoin whatever you gained. Of course, buy-in dip according to you. So, if in case of Bitcoin drop unexpectedly, then would will not be panic and hold for longer. Because you already invest your capital in real-life investments. Panic sell is a huge problem in the crypto industry. Now you don't need money, but who knows about tomorrow. So your real-life investment would be helpful during a bad situation in case happen it.
Reinvesting the profits greatly reduces the risk of investment and, if you are lucky, you will receive additional surprises.