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When you're dealing with such a small amount of money, my best advise would be to keep it as Bitcoin. The worst that could happen is it crashes and you're out
by mdip 9y ago
When you're dealing with such a small amount of money, my best advise would be to keep it as Bitcoin. The worst that could happen is it crashes and you're out $12. If it goes up in value, you're up whatever that ends up being.
I think of my own story ... I had mined about 25 bitcoin back in (I think) 2009, when each was worth (I think) a penny. My interest was purely academic -- I love this kind of thing, I thought the idea was neat[0]. I had a major OS failure and decided to reinstall, wiping the drive and my wallet. At today's prices, I'm out $135,000[1]. Whoops! You never know...
[0] Though promptly tossed it into the category of cypherpunk fantasy -- while everything that was claimed about it "could happen", back then it seemed more likely that my dog would write Shakespeare.
[1] Referring to #0, I would have ended up selling that 25 bitcoin when it hit around $10, assuming that making $250 would be pretty incredible. There's no way, short of removing that drive and storing it, forgetting about it and realizing the error "yesterday" that I would still have had those Bitcoin.