RE: What I Did NOT Do in 2011 - that You Should Consider Doing RIGHT NOW!

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What I Did NOT Do in 2011 - that You Should Consider Doing RIGHT NOW!

in bitcoin •  7 years ago 

Great advice! Exactly how I have been profitable. Take small amount of profits and put into upcoming and new companies. Mining, new icos, etc

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Cool! Just be ever-cautious and most importantly, remember to "diversify" with opposing assets whereby if one asset class goes down - the opposing is likely to appreciate. A.K.A properly "Hedging" one's bets.

In general - you want to buy what's currently "undervalued," with the profits accrued from that which you own that is currently "overvalued"...

I.E sell some crypto - and with the proceeds, but some precious metals or some other REAL tangible asset that will maintain its intrinsic value regardless of which way the wind may blow today, tomorrow, next year, or 10-years from now....