ETH sell out
I have been spooked by the stories of potential for Eth to be classed as a security by the SEC. Tonight after seeing ETH was down around 5% this week, I realised I am not willing to lose all my investment if it does get classified as a security. I sold my ETH and transferred it into BTC which is down even further this week around 9%, so I get a good amount of BTC for the amount of ETH.
Sure I may live to regret my decision, but the threat of a huge loss was too much for me, and I do believe BTC is on an upward trend and is a safe haven for my crypto at this time.
What is you opinion?
Please follow comment and upvote.
there was a 5% increase in btc price as you wrote this post. you may not be in loss at all. that was a good trade.
thanks Sarah - I am staying out of ETH for a while and building my BTC
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Upvoted! I think it was a good decision! :)
THANKS - I follow you now