Best way to "protect yourself" from volatility?

Been doing pretty good lately trading, but then again BTC has been killing it as well so it's not all contributed to me. When I am not in a position, all my funds are in BTC, which has been nice. However, there is always the possibility BTC can drop suddenly, maybe even back below 10k or down to 1k, who knows, but in the event that happens....are we all boned? For the longest time I was just staying on Coinbase because its easy to transfer straight to a USD wallet....is there any equivalent thing I can do?

submitted by /u/cszlo
[link] [comments]

Read More

Popular posts from this blog

World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
Read more