I have a little bit over 500 btc, I bought them whenever my father passed away and left me $100,000.
These are now worth nearly 4x what I put in.. should I hold on to them, or sell?
I've currently just been cashing out about $2000 a month for bills and food etc, but ATM I'm unsure about the future of btc, what do you guys think?
Cash out and invest in property.
Depends on if youre honest about your taxes.
>>1728456
This
Get a job.
>I've currently just been cashing out about $2000 a month
That isn't sustainable on something that is worth only ~400K is highly volatile.
>>1728454
Run out or get trampled.
The exits are smaller than you think.
>>1728454
Honestly? I wanted to say that HODL IT but if I think about it... if I'd have 400k I'd just sit down with a financial counselor and put all in a diversified portfolio.. maybe leave 10k in Bitcoin.
I have 0.15 so I'm holding till I can:D
Here's my address if you want to reward my awesome advice:
139Yf2K8A9oYN1EmLnhoZBBfqCsWzf4Qde
>>1728456
Misread property as properly!
>>1728454
SELL IT ALL NOW
Sell now before drop off and buy again when cheap
>>1728454
cash out about 80% of it. If it keeps dropping at least you didn't lose any capital, and in fact made money.