Next scheduled rescrape ... never
Version 1
Last scraped
Scraped on 04/05/2025, 19:25:12 UTC
Have half of BTC at hand. Want to find a way for better investment rotation to be done. So far invented such a scheme. The whole amount to be exchanged for any local currency. Surplus since last investment to be converted back to BTC. Remaining - initial investment - to be spent on daily needs. Converted BTC to be put back into wallet. Two points of interest here.
First: Does this way of turnover looks reasonable at all?
Second: How to make sure I use "clean" BTC from source of exchange?
This system will be profitable if you can predict accurately the best time to buy and sell. This is just Bitcoin trading to me. I don't all the time to monitor the market, maybe you can consider it if you have time. My best option remains hodling Bitcoin for a long time through DCA.

I don't understand when people say clean or dirty coin. Do we have clean or tainted fiat? People use fiat for diverse criminal activities but I have not seen someone asking for KYC because of physical money. Maybe you might consider buying your coin from auctions conducted by the government. The U.S. Marshals Service conducts the selling of mainly seized Bitcoin for the US government. The German government also sold recently, maybe they can be considered as clean coins.
Well maybe, if the price is fixed, you can decide to convert them all into fiat and just buy back again whenever there’s an opportunity to store your bitcoin again. But this isn’t the current scenario, bitcoin price is growing so we can’t just sell them all at once and regret in the end when btc price is skyrocketing inevitably. So the best option is, just sell your coins when you need them in fiat, but if not, just continue to hold for bigger future profits.

Now, no matter how they try to create distinctions from bitcoin, that remains the fact that every bitcoin is valuable. Just make sure you are buying from a legal exchange so that scamming will be avoided, or if you choose P2P transactions, make sure you know and trusted the person well.
Original archived Re: Best way to rotate assets in bitcoin
Scraped on 04/05/2025, 18:55:15 UTC
Have half of BTC at hand. Want to find a way for better investment rotation to be done. So far invented such a scheme. The whole amount to be exchanged for any local currency. Surplus since last investment to be converted back to BTC. Remaining - initial investment - to be spent on daily needs. Converted BTC to be put back into wallet. Two points of interest here.
First: Does this way of turnover looks reasonable at all?
Second: How to make sure I use "clean" BTC from source of exchange?
This system will be profitable if you can predict accurately the best time to buy and sell. This is just Bitcoin trading to me. I don't all the time to monitor the market, maybe you can consider it if you have time. My best option remains hodling Bitcoin for a long time through DCA.

I don't understand when people say clean or dirty coin. Do we have clean or tainted fiat? People use fiat for diverse criminal activities but I have not seen someone asking for KYC because of physical money. Maybe you might consider buying your coin from auctions conducted by the government. The U.S. Marshals Service conducts the selling of mainly seized Bitcoin for the US government. The German government also sold recently, maybe they can be considered as clean coins.
Well maybe, if the price is fixed, you can decide to convert them all into fiat and just buy back again whenever there’s an opportunity to store your bitcoin again. But this isn’t the current scenario, bitcoin price is growing so we can’t just sell them all at once and regret in the end when btc price is skyrocketing inevitably.