Do Not Sell On The Dip!

3 103
Avatar for TheMassErection
3 years ago


First, Iā€™d like to say that I am NOT a financial advisor. This in just my opinion.

If you have used fiat that you know you can lose, don't think about selling! I mean, I can't tell you that's what you have to do but it's probably not a good idea. If you sell now, you will sell at a loss (if you bought in high, of course). You can't sell at a loss if you don't sell!

Always spend what you KNOW you can lose!

I've put in $1,500 when the price was above $700/BCH. It sucks but I have faith in Bitcoin Cash. I will not sell any of that back. I fully intend to use the crypto as it was made for, cash!

Buy From Merchants

Try finding merchants that take (and hold or use) Bitcoin Cash. It's a bummer to find merchants that convert to fiat right away. I think we're drifting away from that mindset though as more and more people are coming to the realization of what Bitcoin Cash is.

I was browsing Reddit a few days ago and saw a user posted that they are now accepting Bitcoin Cash. The person sells small, hand held, wooden finger pianos. I've never played or heard such a thing but I wanted to support a business that accepts and utilizes Bitcoin Cash. I bought one.

You can find the company here. They appear to be based out of Ireland.

If You Can, Buy More!

Markets are, for the most part, very unpredictable. I think now would be a great time to buy, however. Personally, if I hadn't bought $1,500 worth (only a few days ago from me writing this), I'd be for sure, buying right now!

Sell For Fiat If You Must

If you're really in the need for fiat, sell. I get it, life throws curve balls sometimes. If you must, just sell only what you really need. Keep (and spend/use) the rest.

26
$ 0.83
$ 0.83 from @TheRandomRewarder
Avatar for TheMassErection
3 years ago

Comments

Nice idea

$ 0.00
3 years ago

šŸ‘šŸ‘šŸ‘

$ 0.00
3 years ago

Thank you for reccomendtaion šŸ˜

$ 0.00
3 years ago