Some people ask me when I will cash out and take profits.
What do you mean take profits?
Bitcoin is my profit and my exit strategy.
I ain’t converting it back to Monopoly money
Discussion
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The way
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In my book "cashing out" means selling your fiat money for BTC. 👍
Yes sir! This is the way
But when you want to buy something, where you need fiat?
Sure, daily expenses with fiat and savings with Bitcoin.
Some times you need money to make a purchase or to pay off debt,
In which case I would tell anyone in bitcoin to wait as long as you can before taking SOME profits. It's very hard to time the markets ups and downs but the long term trend is pretty clear to everyone now.