Hi dear Steemians and Crypto investors,
parabolic runs of some coins requires some action, investing into gold will be our next step. It is not a good idea to hold everything in crypto. We have started in Crypto we have more than doubled our investment couple of months so to say, so now is time to secure some profits.
Here is what we did
- sold 1.5 DASH
- sold 1000 IOTA
- sold 5350 USDT
- sold all UBIQ
- sold 1000 XRP
- sold 200 IOS
Cashed out approx. 13.200 $
bought 10 X Vienna Philharmonic 1 Ounce fine gold (999.9)
And we still have our Crypto portfolio over 100k
Here are fresh numbers
Starting balance = 48.115 $ / Balance today = 102.672$
P: 54.557$ (+113.4%)
and
10 gold coins (worth of approx. 13.200 $)
In investing HOLD and long term thinking is important, however time to time it is also very recommendable to secure some profits or to increase the diversification. I know, some of you will say just hold and keep in crypto, but my strategy is always to behave as safe as possible. Reducing some risks and learning to actually cash out is a good approach. Remember until you cash out (buy yourself some goods) you haven't made or enjoyed any profit.
Feel free to comment below what is your approach when it comes to taking out some profits.
I am @twister and I always have an opinion and you will hear it no matter what or who you are :) and no matter if you like it or not!
Thank you for stopping by and wish you all a good week
This post has received gratitude of 1.00 % from @jout
You got a 0.29% upvote from @postpromoter courtesy of @jout!
Too early for gold. But smart move anyway.
Safe is safe :) thanks for coming by.
better gold than tether I think :)
yeah, u right :) thx for passing by
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STOPGood move! :)
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