RE: Bitcoin Smashes Through $9,000 As All BTC Forks Now Over $11,000
I will keep my 401K it is a very different basket. Unfortunately the silver bug bit me when the price was $25 so i am HODLing silver very long!.. another basket. Crypto has been great this year but I am going to have to try and set myself a firm target for % of net worth in crypto. There are some that say 2% and some that say 5%. Once i pick a number then I have rational reason to harvest earnings from crypto into other non correlated investments. Otherwise like you at $4000 for Bitcoin I can never get myself to sell any because it could go to $10,000 like it just did! As for balance within the cryptos, strangely for me Ether jumped more this year on a percentage basis and so i am overweight Ether vs Bitcoin. Which means I should be selling Ether to buy bitcoin which also seems hard to do at these prices. Rules help me. Crypto is worse than stocks for emotional decisions!
I make my pland in advance and stick to my guns, sold my BCH at 600 and bought BTC. Working out well.....now. I am considering some bch before BTC correction occurs. Also....Earn some crypto! Steem is a small income but it is an income. Next up PoS coins!
Agreed. My favorite there is Neblio. The continuous income has been great and I prefer it to NEO which accumulates GAS and therefore does not compound as well. Of Course Steemit is even better depending how much time you have available for it.