4 ms·

You can sell gradually.

• oligopoly 8y ago
  Yeah that's the way you buy&sell stocks if you are investing. Not just gambling
  • bonestamp2 8y ago
    And buy gradually too for that matter. There's no way to time a peak/dip so this obviously spreads out your cost basis in case you're buying at the peak. You can also look at it as dollar cost averaging and continue to buy it as it goes down, again reducing your average cost.
• notheguyouthink 8y ago
  Or you sell for what you need, when you need it. Ie, if I had the coin I was debating buying (~1k coins), I wouldn't remotely need to sell them all now. I could retire off a small amount of them, there's no need to sell them all. I'd sell what gets me retirement now, and hold onto the rest - see where it takes me.
  • lozaning 8y ago
    Im looking to dump most of what I have in favor of investing in multi family real-estate. I got big into mining eth starting back in the test net days. It's paid for some dumb stuff along the way to where I am now, chartered helicopters to Macau, laps around the Nürburgring, ect, but the price of all this shit has become so decoupled from the underlying technology and mostly scams at this point that I want to own something "real".