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RE: Why I'll Sell Bitcoin if it Reaches $17,000 Soon

in #bitcoin7 years ago

So you're holding all your BTC on GDAX and go directly to fiat ?

I've got some btc on exchanges from selling altcoins (and ready to buy alts, when something dips big time) and some BTC on GDAX.

I guess it would be too complicated to sell all of my bitcoin, so my 'strategy' is to hold the amount of bitcoin I have on the other exchanges and trade the btc I got on GDAX for fiat..

Is this possibly what you're doing as well ?
How does this approach sound to you ?

btw, everyone's bitching about how negative you are in your videos... total bs.
There's a difference between being negative and rational, straight to the point, providing solid facts and opinions. Thanks!

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I have a decent amount I leave on exchanges just so that it is fully liquid, because often when you need to sell / buy, that is when the exchanges are the most sluggish and it is difficult to transfer in.