You are viewing a single comment's thread from:RE: Profit from Crypto Crash!View the full contextjohnnie (41)in #money • 7 years ago Why don't cash them out and buy back later?
Then you rely on centralized exchanges and involves fiat money.
There are tax drawbacks too, if you cash out then short term capital gains taxes could apply, it depends on your country.
From every concievable point of view in my opinion it's better to stay in cryptocurrency and not involve fiat.
I have presented in this article a way to do that in a very decentralized manner, without centralized exchanges.