Who Should Sell $BTC Now, According to the Co-Founder of a Bitcoin Investment App

<p>In a recent op-ed, crypto advocate/educator Aleksandar Svetski, who is also the co-founder of Australian FinTech startup Amber Labs, which develops the Bitcoin investment app Amber, explained in an entertaining manner who should not invest in Bitcoin.</p> <p>Amber Labs' Bitcoin-only Amber app, which is available for both Android and iOS, simplifies Bitcoin investing.</p> <p>Svetski's article, "42 Reasons to Sell Your Bitcoin," appeared in Bitcoin magazine on January 25.</p> <p>The top three reasons are as follows:</p> <p>* "If you think it can't get any lower, you're in for a surprise." Exchange your bitcoin for cash.</p> <p>* What are you doing here if you believe it will not go higher? Exchange your bitcoin for cash.</p> <p>* If you believe 14-year-old tea-leaf analysts with large Twitter accounts, here's what you should do: If you bought bitcoin on this basis, you should definitely sell it all. Drawing lines on a screen can help you understand "why bitcoin" in the same way that watching someone else exercise at the gym can help you lose weight. To understand bitcoin, you must first acquire some, use it, store it, and read endlessly about how it works, why it is important, and the disciplines it touches (energy, economics, anthropology, complexity, and so on). Unless you believe you can outwit the market and the price, neither matter..."</p> <p>Svetski concluded his article with the following statement:</p> <p>* He rejoices whenever the price of Bitcoin falls, not because it allows him to buy more satoshis at a lower price, but because it "shakes out" the weak hands.</p> <p>* Consider Bitcoin to be an ark, and while "everyone is technically invited, the price of admission is high."</p> <p>* "Bitcoin is for 'anyone,'" but not "for everyone."</p> <p> </p> <p><a href='http://paypal.me/cryptopirates'>Support us!</a></p>