Stocks Crypto currency?

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Stocks Crypto currency?

Post by Bahu123 on Sun Dec 10, 2017 7:32 pm

Don't invest any money you can't afford to lose. That being said, crypto currencies are the wild, wild west and there may still be a long upside.

Since the general trend is strongly up, and the peaks and valleys are unpredictable, the best strategy is buy and hold combined with an exit plan. Don't trade in and out, and do keep tax records (the IRS is getting wise).

The only safe place to keep your crypto currency is in paper wallets made off-line and stored in waterproof plastic in a safe.

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