Topic: Which is better, staying long on BTC or USD in this Bear Market (Read 498 times)
You're not perception the capacious depict. Do any abstract inspection on the monthly, hebdomadal, or everyday maps and you'll see we're rough up hampioning a HUGE shift going long.
Always stay long on the btc. When it drops, buy more. If it drops even more, buy even more. Don't be afraid of the swings, swings are there to jump more. It's basic physics, if it sways and swings more it will go faster. Faster, faster and even faster! Let's aim for the moon!
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Depending on how you mean best. If the best in terms of security then USD is certainly safer and the risks therein are not great. But if your talking about the best in results then crypto or the main choice is bitcoin can be taken.
I think it will be better if you will staying for a longer period of time in BTC, holding bitcoins will help you to raise more money than USD which is a great advantage and most convenient way to earn money.
Do not sell your bitcoins as long as you already have it, the thing is that no matter how low the prices go, you can always be sure with bitcoin that the prices will end up recovering again. It is better if you have usd that you invest it into buying bitcoins now that the prices are still very low so you can sell when the price goes up
No matter how much BTC costs, it's better to keep it and not sell it. BTC has a great future and he will definitely grow in price.
For situation of crypto market now is better to stay long with Bitcoin because Bitcoin already in the bottom and my prediction Bitcoin ready to bullish run and all the times high again. There are alot of good news and this is will increasing demand. From technical analysis bearish trend ended and will turn in to bullish.
Staying with the BTC for long time is not bad as I think one must buy more BTC when the price is low, if it repeats you also repeat and as the price rise sold out your purchases, and keep the main hold as it is. This will give you maximum profit on your hold and the coins are remain in your pocket.
It is better to leave it in USD. In this case, it will be possible to buy even more coins on the fall, and at the same time not to lose money in the bear market
It is difficult to say but If I were the trader I will definitely keep holding then look for more money to buy more Bitcoin. This always works for me and it's fun to do! If the price falls again, you look for more money and buy more Bitcoin. If it falls again, you buy more.
Then if price begins to rise, you start selling off the dips you bought bit by bit until you are left with the main holding which should be your long-term holding.
Then if price begins to rise, you start selling off the dips you bought bit by bit until you are left with the main holding which should be your long-term holding.
If i get you right, you mean you always introduce more fiat to buy more dips and sell off when it rises to cash out your fiat while the initial purchase which is the main holding will be the one to hold for long term???
It makes sense to some extent as it is possible one can re-coup the initial investment via that means.
so it will be very profitable for the future. so I suggest choosing stay long with Bitcoin.
I prefer to stay long with bitcoin because with the long survival in bitcoin would be good and could be back to a stable and profitable price, and I do not like Bear market because it affects the crypto market and is still up and down
I will go long on BTC during bear market, isn’t it the principal of trading to buy low and sell high? I will stock up my BTC before it get on the next bull run.
Each person's idea is different, some people think that holding BTC is better, but I think in a bear market when holding USDT is best, because the market downturn BTC when prices are falling, like today, so our hands with more money can buy at any time.
If you have ever witnessed. Only after a sleep and you have to spend 2-3k more to buy back bitcoin. I'm sure you would not think so. Moving and changing the trend of bitcoin is always faster and can happen at any time. You have the versatility that it is never a safe and effective method.In this current bearish markets, some school of thoughts believe it is better to stay long on USDT in order to remain safe while others think it is better to stay long on BTC as one will always have more of USD once the market gains momentum in the bullish season.
Which is better?
As I think, you should choose both, but most should study bitcoin because in the long run, bitcoin is a form of higher interest rates than any coin in the market. Keeping both will bring versatility, many different stages. In investment, diversity and flexibility are very necessary. Which is better?
Each person's idea is different, some people think that holding BTC is better, but I think in a bear market when holding USDT is best, because the market downturn BTC when prices are falling, like today, so our hands with more money can buy at any time.
Well if you are lucky to stay in USD before the bear market start then you are lucky because you can always buy more btc when it dips so well. But if the bearish caught you then you just have to stay strong and wait for a re-bounce.
I always think that the bear market is actually the most suitable time for investment, because the bear market has come at a very low level for all cryptocurrency prices. It is right to choose to buy at the lowest price, and the advantage of the usdt coin is that its price is very stable. Such a coin is suitable for hedging and is not suitable for investment, so I suggest you can store some BTC or ETH.
I think that it is better to hold on to Bitcoins or Altcoins especially in this bearish season. Because, once it recovers from the dumps, you will gain a huge amount of USD. However, if you do not want to risk your money in investing to crypto, then better not. But for me personally, I would go with the Bitcoins instead of USD. Buy at lows and sell at highs. That's the ideal strategy.
Actually I have sold all my bitcoins that I used to own in order to buy them again at the Deep level of price soon
In my opinion, it is more promising to buy effective altcoin, so that when they will make a profit - be on top!
If you want to go long then its definitely better to put your money in bitcoin but I prefer to hold usd so if I find a good trading opportunity then I can buy it right away. I also don't have the patience to hold coin for a long time as 3 to 5 months is the longest I can wait for some coin before I sell it and move onto the next one that I think has more potential.
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