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RE: Bitcoin Blood in the Streets | Be GREEDY!
I'm bleeding pretty bad lol. Bought 10 LTC few days ago at $360. Now it's $280. Lol. I seriously laugh at it. I used Coinbase and bank transfer so I don't even have them yet lol... It's part of the game. I have no plans to sell until January so I won't worry about taxes until 2019... Ever will be alright.
Beginner tip for this is rather than exposing yourself to a market all at once is to average in over a few days/weeks. Also, don't use Coinbase to buy mass amounts of currencies, the fees are awful and you're better off waiting for the money transfer to GDAX.
Thanks. I'm definitely new and my emotions got the best of me.
Yeah that's painful - is why I am generally cautious when market becomes inflated like this and keep some in cash just so I don't have to lose sleep at night (which, for the record, I slept very well). Best of luck!