RE: 4 months ago my mom bought a whole Bitcoin for $2833 - Is it time to take some profits? by sqamemal

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Viewing a response to: @exyle/4-months-ago-my-mom-bought-a-whole-bitcoin-for-usd2833-is-it-time-to-take-some-profits

· @sqamemal ·
$0.24
You must be aware of the whole Bitcoin scaling issue and high transaction fees. I feel that the current price of Bitcoin is quite speculative, mainly because of the upcoming forks. Don't get me wrong here, I love Bitcoin, but recently it has lost its true intention of being an electronic peer-to-peer cash. I feel that there are many other cryptocurrencies like Bitcoin Cash, Litecoin, and DASH that are much closer to the ideal electronic P2P cash. 
I would recommend cashing out the initial investment and then just playing around with the remaining bitcoin. Save some for future blockchain splits, sell some for altcoins, etc.
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