Great post, but you don't have to take a binary approach to a crypto strategy. Always think it's wise to balance quick gains with long-term strategy... The quick gains can help strengthen your long game - if you're crafty.

For example, I bought BTC back in August for around $500per when everyone thought it was "doomsday" for Bitcoin. Used a small percentage of the profit to buy LTC back at $2per sometime at the end-ish of last year... and totally forgot about it.

Bought more BTC at $2,100 a month ago, swapped them for more LTC ($23s) at around $2200-$2300. Now, at $40per, think I'm well beyond the point where I can take short-term risks to increase my LTC size further. So I swapped them for Ethereum's low $300s while everyone's running like headless chickens.

Speculating LTC to possibly dip back into $26-30 territory, which I'll revert ETH back into LTC. I personally think Ether will recover VERY soon... Sooo possibly an opportunity to profit while I wait.

All within this strategy, plan to scale Bitshares slowly with the remnants of profits I've made/make for cold-storage since it's not really a short-term play to begin with; not much volatility.

See. Sweet Harmony.