Topic: What's your plan for the next bull-bear cycle? - page 5. (Read 947 times)
My mindset is still the same as before, "just accumulate while I can" and always take chances at every opportunity that will came to me.
No matter what's the predictions, no matter how good or bad the speculations, no matter what's the trend is (uptrend or downtrend, bull or bear), it will not changed my purpose why Im here in crypto, to used it as a currency and to used it as an investment (although I don't really used the term investment in crypto). So no such thing as literal "plan". Just moving forward and going with the current flow.
Everyone is waiting for their own criteria of "moon price" and we have different way of dealing with that. Just hoping that everyone will have a good result out of their own analyzations and future plan.
Optimistic targets and wishful thinking for a bull run in the coming months....but I am with you man. I hope things start looking better soon.
Less volatile tech stocks are a good option, personally I am looking at putting some money into some pot stocks, the rest I would probably just put in a traditional 401k.
But honestly most of it will go to a reliable stable coin that is trustworthy, taxes will always be a nightmare, im hoping there is better guidance next bull run.
Less volatile tech stocks are a good option, personally I am looking at putting some money into some pot stocks, the rest I would probably just put in a traditional 401k.
But honestly most of it will go to a reliable stable coin that is trustworthy, taxes will always be a nightmare, im hoping there is better guidance next bull run.
What's your plan for holding, selling, trading, spending for the next few years now that we will likely be starting a new bull-bear cycle in the next few months?
I think the next peak will be between $100k and $200k and likely occur in 2020, so my plan is to probably sell most of my Bitcoin hopefully averaging just over $100k. Will probably start selling around $80k just to make sure I get some good profits in case the run doesn't go as high as I think. Probably will just keeping 1 Bitcoin for like the long long term (with a plan to spend it on the LN over many years in the 2020s and 2030s). The next bull run should get to my own "moon" prices in which it makes sense to take substantial profits.
Most of what I sell in the coming bull run will go to set myself up financially in the less volatile stock market for the future (hopefully the coming stock market crash & recession will be timed perfectly so the market is still pretty low as Bitcoin is booming so I can take profits and then move into a stock market that is significantly down - in fact the stock market crash could bolster the bitcoin boom as they will likely line up pretty well the next two years). But I will keep some of those profits around to try to buy back at least one Bitcoin in the following crash to sell again during the following bull cycle.
So for me its basically sell most of my Bitcoin, keep a little for years to come to eventually spend when Bitcoin is in use as a currency, and use some profits to play the long term trade game and buy back some on the following crash in a few years.
I think the next peak will be between $100k and $200k and likely occur in 2020, so my plan is to probably sell most of my Bitcoin hopefully averaging just over $100k. Will probably start selling around $80k just to make sure I get some good profits in case the run doesn't go as high as I think. Probably will just keeping 1 Bitcoin for like the long long term (with a plan to spend it on the LN over many years in the 2020s and 2030s). The next bull run should get to my own "moon" prices in which it makes sense to take substantial profits.
Most of what I sell in the coming bull run will go to set myself up financially in the less volatile stock market for the future (hopefully the coming stock market crash & recession will be timed perfectly so the market is still pretty low as Bitcoin is booming so I can take profits and then move into a stock market that is significantly down - in fact the stock market crash could bolster the bitcoin boom as they will likely line up pretty well the next two years). But I will keep some of those profits around to try to buy back at least one Bitcoin in the following crash to sell again during the following bull cycle.
So for me its basically sell most of my Bitcoin, keep a little for years to come to eventually spend when Bitcoin is in use as a currency, and use some profits to play the long term trade game and buy back some on the following crash in a few years.
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