Your trading techniques...

[Planethill]

Just curious,

When you guys recently sold your BTC high, where do you park your money?  Do you trade it off to a less volatile alt-coin for storage until diving back in later?   Or do you pull it out completely to hard currency and re-deposit?

PH

[kdrop22]

While I am not a trader. Most Alt Coins depend on Bitcoin for their valuation and rise and fall with BTC. So, if you leave your money in AltCoins you will still be exposed to BTC movements.

[Planethill]

While I am not a trader. Most Alt Coins depend on Bitcoin for their valuation and rise and fall with BTC. So, if you leave your money in AltCoins you will still be exposed to BTC movements.

Exactly, which is why I was wondering what people do.  It just seems like you could miss opportunities waiting on money to clear from banks, etc.

[Ibian]

1. Buy.
2. Hold.
3. (optional) Rake.