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Can they turn it into cash as of right now? If they can, OK. Otherwise, it is just wishful thinking.
by pfortuny 9y ago
Can they turn it into cash as of right now?
If they can, OK. Otherwise, it is just wishful thinking.
- roflchoppa 9y agoyeah you probably could, but you would have the price slide on you if you liquidate that much, most people get off the train at price stops, let other people on.
- cjbprime 9y agoI haven't looked it up, but I think you're underestimating Bitcoin's volume and market cap if you think selling $5M will shift the global price.
- iak8god 9y agoUnless that ~$10M bitcoin is a pretty small fraction of the individual's net worth, it sure seems like a good idea to at least sell half and put it somewhere less risky...