Thinking about selling my entire stack and investing in Bitcoin

Depends on what type of investor you are, what your investment time frame is, and how large your stack itself is relative to your total liquid assets.

If your stack is a large portion of your investments and your talking about selling it all to buy a volitile vehicle like bitcoin, I'm assuming you probably have a high tolerance for risk. If you're a very short term bitcoin trader and have time to follow the market closely then you have an opportunity to make some quick cash, but you're gonna earn it because of the time spent playing the market.

If your stack represents a smaller portion of your holdings that you can afford to lose, then you could throw it at bitcoin as a gamble, let it ride and not worry too much.

I play craps almost exclusively when I'm in Vegas. To me bitcoin as an investment is basically a crapshoot, and it happens to be on a nice roll recently. So in that context, I'd be all over it...that's the whole idea.

You don't keep betting on stuff that's not doing well (e.g. silver), when your gambling. Just like Vegas though, don't get drunk while you're at the table and watch your "chips" so nobody steals them. I lost some crypto to theft early on and it really turned me off "investing" in it.

/r/Silverbugs Thread