Why not cash out of bitcoin when prices are high?

in DTube4 years ago



Greetings,

Dumb isn't it? HODLing. I mean, you HODL for years while others are cashing in on the bull runs. It's even dumber when you HODL through the bull market all time highs and then the price crashes back down. Right?

Well, not necessarily.

In this video I attempt to answer a question I saw on another video.

"Bitcoin has no value until it's sold, why not cash out before the price crashes?"

Not financial advice as usual.

Peace & Love,

Adé


▶️ DTube
Sort:  

Spot on! :)

I have been just trying to doing some trading. simple and kick one using wirex! But I am trying to sell the profit to but in the lows! eheh

I am not sure I can agree with the total redistribution of wealth. Perhaps the wealthy are (or are going to be) the holders of Bitcoin in the future like Mr Musk showed us recently.

Your are too cool seer smith

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.028
BTC 69984.84
ETH 2469.68
USDT 1.00
SBD 2.37