[Vlog] Being "Switzerland" when it comes to Bitcoin, Bitcoin Cash and Cryptocurrency in general

in #bitcoin7 years ago (edited)


YT-0007-BeingSwiss.jpg

Another early morning video. This time on my approach to taking profits in Bitcoin and Bitcoin Cash. My general philosophy is to stay neutral and remain out of the drama unless I can personal influence or shape the outcome. I find it is very easy to become too wrapped up in issues you cannot control whilst neglecting the basic keys to happiness that are within your gift.

For me it’s important to keep my eye on the prize and see the bigger picture. Anyway hope you enjoy the video.


Blog post on 'taking profits' referenced in the video is here

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I like the way you're valuing the coins together. I see this in a similar light as Bictoin Cash is a direct derivative of BTC and thus their value is intertwined. I've looked at it as BTC just exploded through the 3k barrier with the HF due to the combined value of both coins now.

Very sound analysis. Great video as always man! August 26th is only a little over 3 weeks away now, I haven't been this excited for a fight since Gatti vs Ward.

Good advice, brother. I don't stay married to anything in life (except my lady of course). And that's in everything in life. Everything changes so quick these days. You cant be emotionally attached to any method or way of doings things. As soon as you see something not working for you, you gotta change it up and adapt.

It's a great camera angle lol ... Stay Neutral Peeps!

@nanzo-scoop this like Swtizerland approach is interesting and I've seen it's what other people are suggesting also. What I want to ask is, don't you feel like you're missing out on all the fun and coins you can earn in times of uncertainty?

Speculating was definitely fun when I first started in crypto. But after a while, the returns didn't warrant the time spent guessing what the market would do. I much prefer to take a more strategic long term view and free up my time doing other things.

Definitely did better than expected!! I'm leaving my Bitcoin and Bitcoin cash alone for now to see which ends up on top.
Treating them as one is definitely a clever approach!! Makes a lot of sense!! Thanks man :)

Well said "not too emotionally invested". Great video and good morning too(it's already morning here in the Philippines). Cheers!

Thanks for the video :), good as always

I think it's important to keep an eye on the prize, and see the bigger picture

Thank you for this demo video

As with all crypto currency, nothing can be predicted. Keeping a neutral approach is the best way to go

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