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Topic: What will be the alternate plan - second option (Read 685 times)

member
Activity: 798
Merit: 14
December 05, 2019, 12:55:03 PM
#99
If the market doesn't move as expected in 2020, I will be demoralised to some extent because I've looked forward to 2020 to recover my funds. My alternate plan is learning a skill that's needed everyday.
sr. member
Activity: 951
Merit: 259
I don't have any plan B or any evacuations if the market still doesn't perform good by next year. But I have already set in my mind once we see the price of bitcoin again at its cheapest, there's no need for any confirmation of buying.

Instead, I'll keep buying while I can as soon as possible. We all have the same expectations about the high prices and we have our own goals when to sell if the bull triggers again but continuous accumulation is a must.

I strongly agree with this view. There is no second plan other than bitcoin accumulation. You can design plan B for your life, but there's no plan B for cryptocurrencies. You need to be patient, and you need to know that these prices decreases are just temporary.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I have quite expectation for 2020, i think crypto would be big (at least bigger) than this year
we already heard some good news around, increasing price for some coin (especially bitcoin), many adoptions in worldwide, etc
so, it is reasonable if many people have expectation for next year.

for me, to reduce the risk. i always use stoploss for all my trading. it may still get some loses, but at least limited the lose
so, ill never lose all my money in cryptocurrency
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
In my opinion always invest in real projects and just like anything else ride the waves up and down. Jumping from coin to coin with just hoping something bumps back up is a bad idea unless you're going to stare at your screen all day. moving in stablecoins in falling market is a good idea but HODL is better. however if you want to do something you can rebalance your porfolio if there are coins that you're not 100% sure and you're not losing too much on these. Increase your share on the coins you trust the most, leave some in a trading pair to buy further dips and keep calm.
jumping from coin to coin is a bad idea only for those people who do not understand anything in those coins that they use for this. I personally allocate 10 percent of my money to constantly look for coins to buy and sell them and then move on to other coins
legendary
Activity: 1526
Merit: 1179
Well maybe ill do what you gonna do. I will go for stable coins because i dont wanna lose anything. If the market still like this in 2020 well i think its actually a bad news.
I think that people should have acted sooner when it comes to hedging against the downside by selling to fiat. I kinda regret not having done it myself sooner but now it makes little sense for me to do it.

The thing with selling now is that you might regret it with how negative the current sentiment is, and whenever I see this negativity take over, we usually see the price bounce back up, and that seems to happen right now.

Overall, people are free to do what they want, so if any of you think the best option is to sell now, then that's what you should do. I will not sell a single Satoshi unless we bounce back to $9-$10k.
sr. member
Activity: 1120
Merit: 255
By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
In my opinion always invest in real projects and just like anything else ride the waves up and down. Jumping from coin to coin with just hoping something bumps back up is a bad idea unless you're going to stare at your screen all day. moving in stablecoins in falling market is a good idea but HODL is better. however if you want to do something you can rebalance your porfolio if there are coins that you're not 100% sure and you're not losing too much on these. Increase your share on the coins you trust the most, leave some in a trading pair to buy further dips and keep calm.
sr. member
Activity: 1484
Merit: 253
Well maybe ill do what you gonna do. I will go for stable coins because i dont wanna lose anything. If the market still like this in 2020 well i think its actually a bad news. Well we can only predict what will happen & dont forget to prepare for anything that will happen.
I don't really think going for stable coins at this point is the best option, unless probably you've already converted your holdings to stable coins before now. 2020 looks very promising in many aspects, halving is coming, regulations are creeping slowly, blockchain adoption is on the rise etc.  For me I'm holding more of BTC in preparation for 2020, if it's not favorable, it won't hurt me much since BTC doesn't fail in the long run after all.

It's a great perception that in 2020 crypto currency will pump tremendously but since the market is so bearish I can say that nowadays is the best way to buy and invest some coins that is highly potential to increase in the future. I believe that the btc will sky high but in some possible situation it takes more time in which we need to be patience and wait until it will be pump again as wish by many in digital currency community.
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
Well maybe ill do what you gonna do. I will go for stable coins because i dont wanna lose anything. If the market still like this in 2020 well i think its actually a bad news. Well we can only predict what will happen & dont forget to prepare for anything that will happen.
I don't really think going for stable coins at this point is the best option, unless probably you've already converted your holdings to stable coins before now. 2020 looks very promising in many aspects, halving is coming, regulations are creeping slowly, blockchain adoption is on the rise etc.  For me I'm holding more of BTC in preparation for 2020, if it's not favorable, it won't hurt me much since BTC doesn't fail in the long run after all.
full member
Activity: 983
Merit: 100
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Well maybe ill do what you gonna do. I will go for stable coins because i dont wanna lose anything. If the market still like this in 2020 well i think its actually a bad news. Well we can only predict what will happen & dont forget to prepare for anything that will happen.
sr. member
Activity: 2324
Merit: 263
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under those circumstances, I will choose new and growing cryptocurrencies. should prepare to use alternative plans to keep almost identical value in the portfolio.
May I know, what kind of new cryptocurrency you will choose? because now it's very difficult to choose cryptocurrency that is really good for us to follow, and if you can explain it in full, I think everyone here will be greatly helped.
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
My only option I guess is hold it. Yeah if my purchase is above the price I bought I think will wait for the right time when I can sold it again. Yeah even the waiting time is longer this is one thing we must endured as holders and investors. Patience is a virtue, but if money is youre worrying you shouldn't invest if youre scared to lose. Invest only the money you can't immediately need just in case you need one.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
We all have huge expectations from the market but the market is tumbling down again and again. There is no stopping of this bearish trend. Our portfolio value is reducing month by month since the beginning of the year 2018. We can not say surely how the market will move in the year 2020. If the market continues to drop then converting our coins in stable coins would be the best idea to avoid further loss and later convert back to the coins when the market will start reviving.
hero member
Activity: 1484
Merit: 516
if crypto experiences a continuing crisis next year, maybe an alternative option that I can do is continue to hold the bitcoin that I already have or add it by putting some money into it by utilizing the market situation at that time and some others can be combined to invest the money I have in precious metals or in certain types of investments in property that look promising and can provide many benefits for the future.
newbie
Activity: 61
Merit: 0
under those circumstances, I will choose new and growing cryptocurrencies. should prepare to use alternative plans to keep almost identical value in the portfolio.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
for me instead of moving in  stable coin
im going to do more job-related in crypto and accept it as payment
if the price crypto will go lower than the current price its good because i can earn more crypto
and maybe can become one of my best opportunity to have more crypto
everyone can have their own way for me is indeed better to travel on several crypto than having to put my funds on stablecoin and do work that can generate pay, good and bad can be seen in the end
newbie
Activity: 61
Merit: 0
Investors have a lot of great expectations in the coming 2020. Especially, the investment has been stable and long-term. It is still not known what will happen next. let's see.
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
for me instead of moving in  stable coin
im going to do more job-related in crypto and accept it as payment
if the price crypto will go lower than the current price its good because i can earn more crypto
and maybe can become one of my best opportunity to have more crypto
sr. member
Activity: 826
Merit: 252
There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.

People only have one option leave now or stay with all risk, simple solution. Leave meaning we will loss now because dump market but we have chance to built another business to create income. Such as become blogger, seller marketer or off line business. But if we stay no one will stop us because risk is ours and I believe 2020 bitcoin still in red zone ( depend MACD calculation ). So, decide now before too late.
sr. member
Activity: 742
Merit: 251
There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
I did not set up a plan like this. I think we should always take this risk into consideration, not at times like this. Or maybe people are already doing like that. On the contrary, the increase of BTC would be a different change for us. Let's get ready for this. Even if the second option happens, we will be where we are.
If most of the predictions regarding 2020 are positive then do believe in it. Because majority is authority. They are not saying this out of desires and guesses. The main reason is halving. 2020 is the year of it. If we look at the past ones, they ended up producing good amounts. Besides, with some skills and a potential coin like bitcoin, you don't have to wait for long. Make money with trading.
hero member
Activity: 1358
Merit: 509
There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
I did not set up a plan like this. I think we should always take this risk into consideration, not at times like this. Or maybe people are already doing like that. On the contrary, the increase of BTC would be a different change for us. Let's get ready for this. Even if the second option happens, we will be where we are.
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