Why I Just Sold HALF My Cryptocurrency Portfolio
Bitcoin, Ethereum, Litecoin & many other cryptocurrencies have had a great run-up recently. I’ve been watching Bitcoin, Ethereum & Litecoin closely the past few days and I’ve come to the conclusion that I am not comfortable with being invested in the larger cryptocurrencies currently. Therefore, I have sold the half of my portfolio that is in “major” cryptocurrencies. I continue to invest and trade in smaller altcoins.
What do you think? Dumb decision? Smart? I’m NOT getting out of the cryptocurrency market – rather, I’m placing myself in cash right now so I can buy when I see plenty of opportunity for it to go much cheaper. Let me know your thoughts in the comments – always happy to entertain any viewpoint. Be safe and happy investing!
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