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/biz/ - Business & Finance

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8422690 No.8422690 [Reply] [Original]

Should I consolidate all of my coins into one?
Considering we are about to have a huge shake up and most coins wont be making it out. Even ETH looks like it might be dead on arrival once the market bottoms out.

I have a lot in ETH, more than what i have in BTC. Should I transfer everything into ETH despite ETH having dropped 10% more than BTC...I would be paying a 10% premium for BTC if I did it now.

>> No.8422799
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8422799

>>8422690
>not already being all in LINK

>> No.8422803

good question but no clear answer I am afraid I would dump it all into BTC and on the next pump cash out if there will ever be another pump

>> No.8422812

Every ICO and commercial coins are in danger. I could only think of Stellar to be out of the picture plus maybe even supported by the government.

>> No.8422832

Buy turtle coin.

>> No.8422836

ETH was also an ICO. Was not registered and did not pay taxes for cashing in so much money.

>> No.8423317

>>8422812
VEN is prob safe too

>> No.8423376
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8423376

>>8422799
checked

>> No.8423718

>>8422799
>>8423376
stinkies pls leave

>> No.8423984

>>8422690
>Should I consolidate all of my coins into one?

No because not every coin is going to exist or make it in the next five years. Spreading out your investment helps to minimize that risk. Of course when everything is burning that doesn't matter....