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RE: My whirlwind intro to cryptocurrency trading - much of which happened by accident

in #crypto7 years ago (edited)

Oh absolutely not! I should have put "safe" in quotation marks. I mean 401ks are what people always tell you is safe. It's the traditional way of saving for retirement. But I figure that's just one more way to diversify - have some money in the old fashioned things, have it in the cutting edge, have it in my own business and have some in real estate. And I'm also going to borrow $50k from one of my 401ks to buy more rental property.

I wondered if I should move the BTC and use it to ShapeShift to ICN directly. I'm just so fed up right now with moving things this way and that. And ETH is on a tear so I'm a little reluctant to sell it. And ICN has bounced back from when I was going to buy it.

Absolutely about the 80%. I am sitting on a pile of fiat that I liquidated to take a larger position in BTC and ETH. It's just that I hate to buy anything when it's just had a big runup. I am looking for a bit of a cooling off here. But yeah, the plan is to have most of my funds in the big two or three coins, and the rest is my "play money" that I can play around with and try out hunches.

Thanks for all of your good ideas!