RE: Cryptocurrency Exit Strategy

You are viewing a single comment's thread from:

Cryptocurrency Exit Strategy

in bitcoin •  7 years ago 

Currently I don't have an exit strategy but I too have wondered should I be or should I be investing more.

I have a 401K in which I invest 6% of my income but the suggested investment is actually 12%. But when I look at my annual returns as opposed to cryptocurrencies I see that cryptocurrency has a far greater return.

I am thinking of investing the other 6% in crytocurrency and selling along the way at major milestones $20,000, $50,000 etc.

But the Futures market and how it will affect all the coins will be interesting to see.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

When you're told that traditional investment vehicles are the place to put your money in order to plan for the future but then see very little returns it's disheartening. I have had the thought more than once, had I invested in crypto at the beginning of the year instead of a mutual fund, maybe I'd be close to $10k, $15k, or $20k mark. You live and you learn. I plan to continue to forge ahead.