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Great! Happy for you! I missed the crypto wave..

• recvonline 5y ago
  I don't think it's over. Take the current dip (which might go until 30k for BTC), buy in, and wait another year. This space is not done yet. And it's mostly used by professional traders to squeeze out some beta in their portfolios. So be a little fish swimming with the whales.
  • Jaxtek 5y ago
    Thanks! I am gonna try this!
  • Jaxtek 5y ago
    What "strategy" do you use for crypto? Just "buy the dip" or??
    • recvonline 5y ago
      It's simple. If you don't buy into crypto, you are short crypto. If you buy in, you are long. I have to decide where to put, lets say, 50k USD in savings each year. Where should I put it? Stocks? Which ones? What are the returns? What is the growth? Crypto? Which ones? What is the projected growth? So far, I rather put everything in Crypto. Just buy in, dollar cost averaging in the projects you believe, or just 50% BTC and 50% ETH and wait a few years. Again, no investment advice ;) I will continue to trade, and then put some money back into real assets like apartments or houses, or hope that staking is finally regulated and I can just keep everything in stablecoins or stake ETH and have a fixed income.
      • Jaxtek 5y ago
        OK
      • pesfandiar 5y ago
        How do you minimize the risk of not being able to convert it all back to fiat currency?
        • kibbleble 5y ago
          You don't invest your life savings, just enough to where you can let it sit. Convert small increments to fiat when it's high, or purchase using crypto directly.
  • randomopining 5y ago
    So you do think that it'll be "done" at some point? It's just a long running pyramid get in and get out thing? I do think now is a good time to DCA in a bit. Go for like 20% in rando coins and the rest in btc and eth.