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RE: HODL or Sell? My Experience HODLing
Thanks for your comment. I am working on a post now about my top 5 worst investments, I should be done tomorrow or the day after. I'm holding a lot of bags, some that make the post are Zclassic, Einsteinium and Reddcoin. I own some Bitshares but I got them for 9 cents so I'm still ok. You might want to double you holdings while its down so you can sell sooner, I will talk about doing this in my post.
I'm in the process of putting more fiat into the market, clears in two days. I'm working on a post about the frustration of waiting for clearing funds (I'm not quite as flush as you) and watching the market correcting while you wait! In my case the funds were held up in a company dividend payment which was delayed by a month.
I'll check out your post. Do you use coinbase ? After you use them for awhile they start to let you make larger and larger instant bank deposits.
Our use of Coinbase in Australia is limited to BTC only and very restrictive and difficult to fufil identity verification so once I managed to get on a more local exchange (BTCMarkets) the ability to get fiat to the market improved considerably.
I wrote a post the other day about the frustration of over stretching your available cash. I didn't delve into specifics of exchanges as I figured if any Australians wanted to pursue me for details they would, note I'm assuming most of the audience here is in the US or Asia.
In this case it was more about spending my cash as another payment was due, that payment ended up delayed and I was hamstrung while the prices dropped again. I'm back to normal this week and thankfully the prices didn't correct too much over the weekend.