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Author Topic: SELL ALL YOUR FIAT AND LIVE 100% CRYPTO!!!!  (Read 2423 times)
modmalaney
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September 20, 2018, 07:18:46 AM
 #281

I quite doubt it. It is too risky to run. We won't know what the needs of each person or even if there is a sudden large cost. may indeed make a big if indeed dare to take the risk but if for the life that existed then surely it is not too good to do. If you want to do so I think at least gradually.
Chainsmokers
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September 20, 2018, 07:21:28 AM
 #282

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?


do not be too hasty in making decisions without analyzing them first. trading is a good and right strategy. don't just buy it without thinking about the risks that will be received in the future. I think what the Dutch family does is very brave and ridiculous. normal people must think twice about selling all FIAT for crypto. I only trade normally. I am not too greedy in taking advantage in extreme ways.
Cordann
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September 20, 2018, 07:31:13 AM
 #283

I do not think it's necessary to take such a step, because it involves too high risks for my savings. Yet we have to admit that while the fiat in modern society has a higher value and stability. But the crypto market is often unstable.
annicketucufaw
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September 20, 2018, 07:36:22 AM
 #284

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?



If all goods and services will accept cryptocurrency I will do the same. But right now, only few companies accept BTC in my country, can be counted in hands. If I need to buy some wants and needs, I really need fiat here in my country.. But don't get more wrong, I really love crypto that's why I am here and I do believe someday we can use this digital currency as mode of payment to everything. I hope one day, we can use crypto in everything we need to buy liker service or goods.

Eth address: 0x84da215D0558B308f9804a8b535e43b2f4f8056f
Ronin: ronin:8a9982982d41a808ab5fb7a23139a4164e0cb945
kopleng
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September 20, 2018, 07:48:52 AM
 #285

it's a risky decision, we all know here that cryptocurrency are so volatile nowadays, maybe they have their plans and vision why they do that, let's all hope that it's a good decision
JeBro
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September 20, 2018, 01:51:38 PM
 #286

I think that the one who sold all fiat and transferred all the money to crypto at the end of 2017 or the beginning of 2018 made the biggest mistake of his life. If at that time he had $500K, now not more than $100K.

Downloaded
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September 20, 2018, 06:40:07 PM
 #287

I have to admit that today the crypto market is a rather unstable sphere. Therefore, significant and dangerous fluctuations in prices are possible from time to time. Therefore, in any case, I will not do so, because it is too risky for my savings.
MR_Klip
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September 20, 2018, 06:49:49 PM
 #288

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

Of course, we all want to see the successful development of the crypto market. But in any case, so now do not need it, because it is too dangerous for your savings. It seems to me that the world society needs both types of currencies - both reliable crypto-currencies and fiat. Therefore, we must distribute our savings in both directions.
zxl912157
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October 04, 2018, 02:40:52 AM
 #289

It's too dangerous for that and it's very vulnerable to losing your real assets.
It is better that the capital you use for cryptocurrency is around 20%, 20% for your current needs and 60% for your lifetime and back up Cryptocurrency.
tautelar
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October 04, 2018, 02:42:39 AM
 #290

It's too dangerous for that and it's very vulnerable to losing your real assets.
It is better that the capital you use for cryptocurrency is around 20%, 20% for your current needs and 60% for your lifetime and back up Cryptocurrency.
I would agree, selling everything would lead to major issues along the road. Maybe 50% of the investment would be a nice limit to invest with.

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