do not sell your bitcoin / ethereum

Treat cryptocurrency as you would treat any other form of high-risk investments (i.e. precious metals and stocks can be comparable to cryptocurrencies as they're also examples of high-risk investments).

If you're okay with some losses, then you could transfer a high-risk investment over to a low-risk investment (in other words selling the bitcoins and then pushing the profits into a savings account with interest). This is a long-term investment decision but after the initial losses you shouldn't really face nearly as many losses as you would keeping those bitcoins in your wallet.

If you're trying to get as little loss as possible then you can gamble on the market; just keep an eye out on how many people are buying and selling which is information that could suggest a potential incline/decline in bitcoin value.

Also holidays that incur mass spending are another thing to consider, this is where scripting can come in handy since it's not feasible to keep an eye out on every transaction (too many to keep track of to be honest) so you could get a better gauge for the current bitcoin market by filtering out transactions that are larger than $10,000 or any value you want to filter (this has less stress on your network and can still produce useful information based on how often someone's trading bitcoin in amounts that meets a specific real-world value).

Yeah totally, don't sell your bitcoin and buy more instead! This is just a rough times for btc

I'm surprised the usage of swiss banks hasn't gone completely upside down since the increase of popularity in Bitcoin.

08-01-2019, 10:25 AM

rustysteel Wrote: this is not financial advice.

but i've been in crypto since 2015 and have believed that it would soar again one day. happened in 2017 and history will repeat itself.

to those who are hodling, sit tight.

we gonna go to da moon

Okok

I buyed like 100$ on a cryptocurrency called IOTA, bought it for 2$, it reached 5, then it dropped to 0,50$... rip

You are right. I would like to buy PM me if someone thinks would like to sell... please.

This kinda sounds like someone holding on in hopes that it will repeat itself

I think the Bitcoin will crash seriously in the next few months, be careful...

Just HODL, right? One day i know btc will be worth much more - ppl just needs to see it's potential. And forget about them banks.

Holding is the smartest option tbh. People who were impatient and sold off their 1000+ mined BTC are kicking themselves to this day when they could have waited and cashed in on $12k+ per coin. This is probably the last chance to get in while the prices are at their lowest, but as always only invest what you can afford to lose.