how the fuck is that a hedge dumbass its still crypto
John Bailey
If you arent actively cashing out rn youre an idiot
Carson Green
If I cash out I have to pay taxes in my country.
So I'm not quite sure what to do with my coins
Sebastian Bennett
t. dumbass
look up what hedge means, its when you store money in something safer than what it was previously in obviously OMG is safer than shitcoins
Christian Morgan
You raise an interesting point.
However it is critical to note that as far as we know crypto in the end might replace fiat. By that point the mega rich, would either go all in or would have already gone in. In that case, if you sell crypto for fiat you become the ultimate bag holder.
This scenario is more likely than not to happen. The big question though is when. If it takes 20 years and several bubbles, congrats, you are fucked if you never cashed out.
Austin Rogers
To answer to your question though, I am planning to cash out part of my portfolio to set up a couple of mining rigs. Hedging that way reduces my exposure all the while generating a small steady income which isn't infuenced much from the market.
Michael Howard
it's still the same asset class, is what he's saying, so if the risk affects the whole market, your hedge means jack shit.
Gavin Perez
you're still risking yourself to crypto if you're going to mine . Just put your gains into 1% interest rates on banks
Christopher Wright
ITT: More retards who never have and never will be patient enough to hodl for over a year and actually make it.
Aiden Morgan
>t. dumbass >t. dumbass
Brandon Parker
All my coins look like a steady growth... fuck me i will have to pull out everything wont i?
Carson White
How much are you holding?
Benjamin Wright
In SATs or USD?!?!
John Lewis
>This won't last forever. This will last for the next 15 years
Brody Brown
>>When am I going to take profits? Noob here, I'd actually like to know that. I don't have much money and only invested as little as 100 usd in some altcoins, so it feels cheap to take out like 25% when one's mooning, plus this feel that it can go even higher since it's got a lot of room to grow...uuuh I don't know. What's a safe plan? So far I sell 25% when value doubles, and invest in some dip of my other alts.
Jacob Gonzalez
Can't believe there are brainlets like you on this board
David Kelly
Not quite. I see mining as the middle of the road. You can always sell your equipment for fiat if things go to shit.
Charles Thompson
hedge in fiat and BCH you fucking morons
Matthew Sanchez
YEAH WELL MY COINS ARENT MOONING FUCK YOU
WHERE THE FUCK ARE MY GREEN CANDLES
Ayden Rodriguez
not everything is a hodl. especially icos
Daniel Bennett
Hege into $USDT
Still a crypto but tied to US dollar so it works as a store of value