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RE: Cryptocurrency Exit Strategy

in #bitcoin7 years ago

Currently I don't have an exit strategy but I too have wondered should I be or should I be investing more.

I have a 401K in which I invest 6% of my income but the suggested investment is actually 12%. But when I look at my annual returns as opposed to cryptocurrencies I see that cryptocurrency has a far greater return.

I am thinking of investing the other 6% in crytocurrency and selling along the way at major milestones $20,000, $50,000 etc.

But the Futures market and how it will affect all the coins will be interesting to see.

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When you're told that traditional investment vehicles are the place to put your money in order to plan for the future but then see very little returns it's disheartening. I have had the thought more than once, had I invested in crypto at the beginning of the year instead of a mutual fund, maybe I'd be close to $10k, $15k, or $20k mark. You live and you learn. I plan to continue to forge ahead.