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.
Topic: What will be the alternate plan - second option - page 5. (Read 685 times)
In my case, I haven't invested in some other altcoins. Its mostly of bitcoin where I put my fund into. If ever there are changes or unexpected downfall my alternate plan is to sell it for a little loss. And probably do my regular job as usual. Having some other coins or altcoins other than btc for me is not so preferrable. I believe if bitcoin will falldown, all other altcoins will be the same as well.
In my year BTC has already given huge return who bought in when BTC was falling i.e. 3500 usd. We should stop expecting that btc will reach 50k or one million. Just buy at right time n hodl, you will see many opportunities.
No other than but keep on holding. It was too hard to expect nothing but it won't have the best option rather than this. Impatient people will surely lose confidence in the market and sell their coins once in a while. May diversification also is good for some reason but we are seeing the potential for its moving price moment, holding absolutely has its best than this.
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.
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.
There is still no second plan for me, I will still be holding my stash until my target Bitcoin price is attained. If there is some probably that would be accumulating and buying some BTC on every dip. And I won't be moving to stablecoins, If ever, I would convert it to fiat than holding a stabl coins that promised nothing but the price equivalent to whatever it is pegged into. For me it is better to hold a real dollar than a created cryptocurrency that is pegged to it.
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.
If Bitcoin fails to enter a bull market, then the whole crypto market will also do so - all altcoins were always just following Bitcoin, they can't do anything on their own. In crypto, diversification only makes sense when you invest in risky altcoins, otherwise you should put a part of your portfolio into non-crypto assets.
As for stablecoins, I'd rather just sell crypto for fiat and withdraw it to my bank account or in cash - I don't trust stablecoins at all, they can easily vanish in an instant if the underlying company majorly fails.
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.
I guess I'll just HOLD longer.
I have some hopes for 2020, but they're hopes, not expectations. If they won't fulfill in 2020, then maybe in 2021.. or 2022... or...
Let's not have unrealistic expectations mkay? Sooner or later Bitcoin should surprise us again.
I regard 2020 as a potential indicator, but 2021 is where I would expect to see some action. If there isn't, and expectations are EXTREMELY high, then my main emotion will be curiosity.
I truly don't understand why anyone would use any stable coin for more than a few hours when there are perfectly good real dollars available to them.
I truly don't understand why anyone would use any stable coin for more than a few hours when there are perfectly good real dollars available to them.
yes, I use Stablecoin to protect the value from falling prices of bitcoin, I also make Stablecoin as the main coin in trading, so what I focus on trading is increasing the amount of stable coins, I feel very helped by the existence of Stablecoin.
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 hope that nothing will change significantly. I have a certain amount of BTC I've been holding for more than a year. I sell some of it slowly when I believe the price is pretty good, but all-in-all, the saved amount stays almost the same. I am not selling it until it can make a big difference in my life. Now is not that time and not that price. If the price falls in 2020 (although a big drop seems unlikely to me), I will keep holding this amount, just like before. I am ready to see it drop, it's not the first time it will happen. I had around $1k when BTC was $20k and I haven't sold any of it back then. I had to sell when the price was around $7k, though, so I'm familiar with losses. By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.
By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
Whatever coin you will hold during blood bath in crypto you will eventually loss alot as most of crypto will just follow the bitcoin trend and even get worse during bear market.Look at ethereum it is near 200$ from $1000+ less than 20%
At the same time bitcoin around $8000 from $20,000 which is 40%
So its better to hold either btc or fiat at any time rather than holding alts bag.
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.
sell all of our cryptocurrency assets to stablecoin, it's the same as we sell losses and why not sell directly to BTC, I already have a second option if that does not increase in 2020, I will sell my cryptocurrency to be bitcoin, hope bitcoin can travel 10x of the current price 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.
This would vary from case to case, imagine having to rely on someone that you don't know and we know that there is no official outcome that we can count on. That's the reality we live in today. It's going to be the case every time that there are unexpected things to happen in our world. One could destroy the reputation of anything once it is proven to be a disruptive thing. We can never expect it right now but as long as there are different opinions and views about the world, there would be different.
Saying that, will it be limited with regards to cryptocurrencies? I think there are other opportunities in other types of industries and different types of investment.
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.
Saying that, will it be limited with regards to cryptocurrencies? I think there are other opportunities in other types of industries and different types of investment.
No more alternate plan for me. This is already the alternate plan. There is no more plan B because this is already the plan B. Crypto has been my alternate and plan B and I am sticking to it no matter what. Long bearish seasons? No problem at all. The bears are my friends already. Let them come, I will enjoy playing with them while they last because sooner or later they will also be gone.
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.
It is true that no one can predict and know how the crypto is developing in 2020, looking at the situation in the past 2 years that feels very sad for the development of crypto even though there is little progress at the momentBy 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.
Even if there were no significant changes in the development of crypto in 2020, it will be very difficult to find other alternatives besides waiting and waiting that there will be changes in crypto. what we will be able to do besides waiting for the crypto repair.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.
there is no best plan for moving investment from crypto, to a new plan. because investment in crypto is still promising even though it might not be as big as 2017. hoping in 2020 there will be a change.copper member
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Yes stable coins will be the only option at least to avoid losing out on our holdings
Correction. Converting into stable coin is one in many options to be considered. Stable coin promises to peg price in USD but sometimes it goes deeper than 1USD but only minimal loss. If the price of Bitcoin and other altcoins goes south then you can invest your BTC to a time deposit plan which let's say you will have profit a period of time. Then by time price dump, Your token is lock and the time deposit is running. So if we analyze carefully, You are not in loss during that time because your plan is to have your BTC after the period of time you set and maybe bear market is over by that time. That is only some way of many possibilities. You just need to be creative.
I’m still somewhat anxious of what stablecoins represent and whether or not they hold significance in times of drought for the crypto economy. Sure, a big entity can claim that their coins hold value due to them backing it up with assets they own, but do we have proof that these assets exist? Furthermore, the issue with stablecoins is that they create a new kind of wealth out of thin air, similar to a country producing money on an uncontrollable rate, and that in itself is very alarming.
Perhaps the way I would go in times of such dire situations would be precious metals or hold bitcoin as is and bear the losses. I’ve seen it rise many times over and over again and it’s not really far from happening again, knowing how strong the economy has become over the years.
Perhaps the way I would go in times of such dire situations would be precious metals or hold bitcoin as is and bear the losses. I’ve seen it rise many times over and over again and it’s not really far from happening again, knowing how strong the economy has become over the years.
Yes stable coins will be the only option at least to avoid losing out on our holdings if the market does not fare good and goes negative but more than market situation it's the fuds and panic which creates more fear amongst users. But we have to accept the fact that bitcoin has not been at its level best and almost entire crypto market is bearish from almost 20 month so even I would prefer stable coin until market stabilizes.
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.
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.
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