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RE: Call Me a Fool but I am Taking 50% of My Crypto Currency Profits and Exchanging for Dollars.

in #cryptocurrency8 years ago

That is a wise move. Most crypto coins are in the "Hype" phase. What I do with some profits apart from cashing out? I invest in ICOs. I take some satoshis and invest in quiet coins as well. It is wise to think ahead when taking wins while time permits.

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I used to do ICO's but haven't since late last year. This Tezo one interests me but like the DAO it could get too big too fast. I also like to take profits and buy the smaller tokens since that is where it is possible to make the biggest gains. I did wonderful with PIVX and Digibyte recently.

I haven't heard of Tezo yet, but I will look at it now. I only managed to do some bits with PIVX, but it was too big a bubble for me then.

For me, there's no feeling than seeing a coin grow whilst being invested in it