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RE: 4 months ago my mom bought a whole Bitcoin for $2833 - Is it time to take some profits?

in #life7 years ago

The cryptocurencies are going to be volatile. This week alone Bitcoin has had lows and highs varying by over $1000. It seems like a speculators heaven. I rather not engage in speculation but rather use investment in crypto to hedge against the risk of holding fiat money. The long-run trend of holding crypto is upward and likely to remain that way as long as people have confidence in it.