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RE: Crypto Profits- When should one take it?

in #steem7 years ago

I agree, but I still think we will get ahead of ourselves at some point and have a crash. That's pretty typical of such a pivotal market. Think 90's internet bubble... At some point you're going to want to take some profit out (not all off course).... and maybe diversify until the market gets low again then jump back in.

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If all of this is a bubble, then I personally think we are yet to pop the bubble. We are in the early stages of cryptocurrency, and bubbles pop when it reaches the maximum level.

I agree that we aren't near the top. I'd hold for another year or two at least... that being said I've only been doing this two years... I have friends that have been in it a little longer and may want to take some profits. 1,000% it's easy to keep holding 1,000,000% I'd be taking profits ;)