Since ETH generally seems to go up with BTC, is it wrong to buy some ETH to then sell at a quick profit during bull runs for general fiat purposes. I have no issue with selling a shitcoin for another shitcoin to buy some food, bills etc where Bitcoin is not accepted. Or is this crazy shitcoin trader talk that isn’t supporting the Bitcoin economy (I will add that I continue to stack sats, just reluctant to use them at this point in time when Bitcoin is not exactly readily accepted in the UK).
Discussion
How about MicroStrategy shares instead as a BTC leveraged play.
Good point! It was literally just a thought along the lines of opportunist in and out trades during bull runs to clear a few pounds here and there. Probably not worth it plus also risky. I could just do it with bitcoin directly too but I really do have an aversion to selling any bitcoin. I guess it’s a psychological thing too. Don’t care about selling a shitcoin quite the same as selling any bitcoins. This mental aspect will also all change when there are more opportunities to use bitcoin for regular needs here…
This is an open market and people can do whatever they want.
But you are responsible for all your actions in that casino.
You are a free and sovereign individual who is allowed to do whatever you wish accepting the rewards and consequences for those actions