Hi guys, what do you guys normally do with the monies? keep it in exchange for future purchases or transfer it to your bank account.
And if the latter do you then put it in the fixed deposits for stable interest rates?
Well the monies in this question, are the monies that are in question here, monies from selling your Bitcoin when it is high? If so here is what I do:
I keep all my money from selling Bitcoin when it is high in a special account that is nicknamed "For Bitcoin". All of the money I make off Bitcoin, I keep in that address and wait until bitcoin drops again this month is a good example.
Had around 10K to invest, sold a couple of Bitcoin a while back and also sold some Bitcoin I earned from signature campaigns. With that funds I bought 5 Bitcoin during when it was only 2k. After 2 or 3 days when Bitcoin recovered to 2.7K, I sold 2.5 of those bitcoins. Now since the price is at 3.2K, I sold 3.5 bitcoin and keeping the rest of it and holding until a price dump or another huge pump.