Viewing a response to: @exyle/4-months-ago-my-mom-bought-a-whole-bitcoin-for-usd2833-is-it-time-to-take-some-profits
Hey nice one! I remember your post about your mum buying in, and I thought good on her! :-) I would say what you do next depends on your original plan. If your mum said, well this could be a good 5+ year investment; leave it. Obviously I can't tell the future, however btc is a diminishing asset with a growing demand, as far as I'm concerned, the only way is up (baby). If however she had no concrete plan, then she should take out her initial investment or at least half that. I personally would use the BCC to cover roughly 25% of that initial and then take out the other 25% of my bitcoin. Then I'd wait till it was about 25% higher to take out the remaining 50%. However, if I were your mum and I didn't particularly need the cash right now; it's a simple case of Hodl and then perhaps use the BCC to speculate in some other currencies. Send her my regards, and tell her she has nuff respect from all Steemians for being a cryptomom :-D [*Cg*](https://steemit.com/@cryptogee)
post_id | 17,235,197 |
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author | cryptogee |
permlink | re-exyle-4-months-ago-my-mom-bought-a-whole-bitcoin-for-usd2833-is-it-time-to-take-some-profits-20171109t131627425z |
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root_title | "4 months ago my mom bought a whole Bitcoin for $2833 - Is it time to take some profits?" |
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