Topic: Which is better, staying long on BTC or USD in this Bear Market - page 2. (Read 498 times)
Its is better to stay long in bitcoin if you want to maximize profit. Still you must consider when to go in or out of bitcoin, always remember to only go in when the market is down and sell when the market is up.
Staying in a usd is a good choice mate if you are playing safe with your funds. While staying in bitcoin helps as to hold and wait whether prices will go down or up. Just a matter of small gambling on it. As we seen that its volatile, we can say that we gonna gain some profit or opposite
I think holding our money in BTC is profitable for a long time, Now already the price went to bottom i don't think this will go below $5k so if we hold our coins in BTC after few months defiantly we can make a good profit. Altcoins are not safe but BTC is safe.
I think it's better to change it into BTC because most of the tokens are already at a very low price.
So you don't know when the bull market will come and it's a good time to convert to BTC.
So you don't know when the bull market will come and it's a good time to convert to BTC.
Every person will have the different opinion about it, it depends on how their point of view.
IMHO, from myself, I will prefer to invest my money in BTC and other trusted and promising cryptos. This is the era of investment. So, if we can make it as a valuable thing, why not? I know that the risks are very high to invest our money in crypto, but we can also bet the high profits with certain smart strategies and luck. However, of course, we must also have savings in our bank for cash.
yes that's the least action with could take and maybe it is one of the most reliable move to make. so in short, you should diversify your portfolio, it is easy to say but hard to do. let's just say divide your funds according to your needs and for investment, along with your savings and emergency funds. IMHO, from myself, I will prefer to invest my money in BTC and other trusted and promising cryptos. This is the era of investment. So, if we can make it as a valuable thing, why not? I know that the risks are very high to invest our money in crypto, but we can also bet the high profits with certain smart strategies and luck. However, of course, we must also have savings in our bank for cash.
I believe there are many great projects on the horizon not only ethereum, so I tried to gather as many coins as I can
If one knew when is the bear market starting, than it would be best to sell it before it start and buy again when is the lowest point. But because no one knew for sure, fr me is best to keep it in Bitcoin.
Staying in a usd is a good choice mate if you are playing safe with your funds. While staying in bitcoin helps as to hold and wait whether prices will go down or up. Just a matter of small gambling on it. As we seen that its volatile, we can say that we gonna gain some profit or opposite
Every person will have the different opinion about it, it depends on how their point of view.
IMHO, from myself, I will prefer to invest my money in BTC and other trusted and promising cryptos. This is the era of investment. So, if we can make it as a valuable thing, why not? I know that the risks are very high to invest our money in crypto, but we can also bet the high profits with certain smart strategies and luck. However, of course, we must also have savings in our bank for cash.
IMHO, from myself, I will prefer to invest my money in BTC and other trusted and promising cryptos. This is the era of investment. So, if we can make it as a valuable thing, why not? I know that the risks are very high to invest our money in crypto, but we can also bet the high profits with certain smart strategies and luck. However, of course, we must also have savings in our bank for cash.
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?
Which is better?
As a trader, I am holding most of my BTC. I have however cashed out some of the alt coins as I a not much confident with them now after seeing unstable market.
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?
Which is better?
Yeah, I agree with the opinion that to stay long on USDT. Actually, I already converted a half of my assets into USDT.
Now, I only waiting for the good entry to buy back again.
Personally I think that market will not be dumped too much so staying in criptocurrency is the best way. One day the market could be pumped and you will have to buy "expensive" coins
It is always advisable to have Tether at all times to buy more during dips. If you're already in a significant loss as most people are during this bearish season, it is not advisable to hedge in Tether. Going long on Tether is always advised on when the Bull run is at its peak and there are traces of retrace men on the chart.
The bear market is where people who invested what is already written off in their book usually thrive. No need to think whether to sell or hold. Instead we use the time to find ways to raise funds to buy more.
yeah, just everyone thinking, it is better to make more money and buy more bitcoins when we have time to buy more bitcoin.I mean if the bitcoin are begin to rise we know tht it is difficult to invest because the bitcoin is so expensive when it start to rise. so stay only in holding because it is for your future, also you need to take the risk because if you're afraid to invest more bitcoin you not make high profit 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.
It's best to leave the USD in a bear market. When the market reverses, you will make more money.
In my opinion it's safe to stay on crypto better than usdt.. because your usdt isn't gonna increase.. but your btc will boom in the usdt value.. if the market is bearish it's better to buy some more btc than staying at usdt..
The bear market is where people who invested what is already written off in their book usually thrive. No need to think whether to sell or hold. Instead we use the time to find ways to raise funds to buy more.
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.
Yes if we have spare money then we can buy more bitcoin in the deep so this is very big advantage for trader or investor who have more capital to buy back.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.
But the problem is for small trader who dont have much capital, for me its better to save in fiat in bearish 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 will HOLD on to my Bitcoin Investment, base on the market preview on the market price movement on Bitcoin, it more beneficial to investment in Bitcoin compared to USD. Yes, market is Volatile and this apply to both Bitcoin and USD. anything can happened at any given time, but i am more optimistic that once the Bitcoin resistance break, the price value of Bitcoin will goes up to a more comfortable level.
I am staying Ethereum in this bear market and invest ico's. I am getting more ethereum. but with good choices in ico's.
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