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RE: Crypto Investing Long Game

in #bitcoin6 years ago

So good.

What we have done as a collective is to move nice round numbers of core portfolio onto paper wallets with USB key digital copies (using computers that have never touched the internet) and storing those in safety deposit boxes.

Sounds a bit paranoid but the more profit we make, the more precaution we are going to take.

We have also divested into Smartcash, Litecoin, and Steem to hedge our bets and have a few different horses to cheer for in the crypto race.

We have to remember that this still is the wild west and we are trying to run a business......so be smart!

Good tips I will review with the group!

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I am all about paranoid, I have my wallet keys printed out and in a safety deposit box. This is the wild west but the sheriff is starting has formed a posse and is beginning to stick his nose in. The main idea of this article is to get people thinking of safety and smart investing. That last Bull run in November/December has given people a false sense of security and the drop in January has scared even more then were given false security. I want to educate the new players on how to play this game while at the same time giving the seasoned vets some ideas for playing at the big boy table.