My portfolio:
- 30% BTC
- 10% Other cryptocurrencies
- 60% FIAT
There is absolutely no way to determine how much amount of BTC and other cryptocurrencies would be considered safe to HODL during bear markets due to the extremely volatile nature of this market.
Topic: What amount of fiat and/bitcoin would you consider safe holding in a bear market - page 3. (Read 392 times)
September 21, 2022, 12:35:34 PM
September 21, 2022, 12:29:39 PM
At this point I don't know what is more risky: a bearish crypto market or fiat currencies melting purchasing power each new week you go to the supermarket. Personally I'm entirely into crypto and more specifically bitcoin, with the exception of the money I need for daily expenses, so I believe to have more than 90% in btc and less than 10% in fiat. If it's safe or not only time will tell. Life is full of uncertainties and sometimes you are surprised when you least expected in a negative or positive way. I hope to be surprised positively on this matter, with the permission of God, as soon as this bearish market is over.
I mean, at least from bitcoin you can expect something futurely, while the same can't be said regards fiat.
I mean, at least from bitcoin you can expect something futurely, while the same can't be said regards fiat.
September 21, 2022, 12:18:36 PM
Currently my money mostly on Bitcoin around 70%, gold 10%, stock 5% and fiat 15%. I only use fiat money to pay daily expense and for emergency funds if I needed in hurry, if Bitcoin continue to deeper, I will sell all of my gold and stock to convert it to Bitcoin. Because it doesn't make sense for me to hold fiat for long time, we're suffering of high inflation rate and even you hold for 4 years you wouldn't earn anything.
In Bitcoin it's different and that's why I sold all to bought more Bitcoin.
In Bitcoin it's different and that's why I sold all to bought more Bitcoin.
September 21, 2022, 12:01:08 PM
A bear market could be said to be when the share price of a commodity continue to decline over a period of time. Unstable prices and a gradual decline in prices gets a large portion of bitcoin holders scared enough to sell off a large chunk of their assets.
In these so called “trying times”, selling off assets are encouraged and people are inclined to sell because of the unstable and/or decline in prices.
I’m curious on your thoughts and opinions on how much bitcoin and/or fiat currency would be considered safe to hold in a bear market like the one we’re currently in.(eg:70% fiat and 30% bitcoin).
Understandably, people would have different thoughts and opinions on how much is safe to hold cause income level varies among individuals.
In these so called “trying times”, selling off assets are encouraged and people are inclined to sell because of the unstable and/or decline in prices.
I’m curious on your thoughts and opinions on how much bitcoin and/or fiat currency would be considered safe to hold in a bear market like the one we’re currently in.(eg:70% fiat and 30% bitcoin).
Understandably, people would have different thoughts and opinions on how much is safe to hold cause income level varies among individuals.
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