QUOTE(AllnGap @ Jun 13 2017, 11:09 PM)
the golden rule of a bull run.
enjoy the free money, know when to retreat and cash out.
i will only stick to those which is open to the chinese market, backed by corporations, and can government bypass capital control, anonymity
the rest is just for the LOL.
just like DogeCoin. WTH u want that for ??
Hey what puzzles me in the world of alt CC investments is that when you say retreat and cash out or commonly known as going short, is your "cash" BTC or fiat?
If its fiat : That's quite a troublesome thing to do here in Malaysia, no? Since I'll have to sell my altcoin for BTC then sell my BTC for MYR instead of direct altcoin to MYR.
And if its BTC : How is that true cashing out? As evident from yesterday's turpitudinous ups and downs, cashing out from a depreciating altcoin to a depreciating BTC isn't gonna help much..
Please point out any flaws in my logic. I'm a chicklet in the world of investing