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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Salamande on November 14, 2021, 01:46:28 AM



Title: My plans for the next bear market
Post by: Salamande on November 14, 2021, 01:46:28 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)




Title: Re: My plans for the next bear market
Post by: DapanasFruit on November 14, 2021, 03:57:59 AM


There some people who are expressing some concerns or questions with USDT all because the organization behind it is not 100% transparent on everything they are doing. Recently, a fine was slapped on them for some violations. Still, in the near-term it can still be safe to be parking your money in Tether though there are now also good alternatives that you can conveniently use...just search for that either in Google or in a big exchange. Good luck on your plan...and may it bring you the things - especially the x3 - you are wishing for.


Title: Re: My plans for the next bear market
Post by: TravelMug on November 14, 2021, 04:10:24 AM
Ok it looks the basic plan for a bear market, hedging it out to USDT.

But I don't think you need to wait for months, this bear market might be worst. So it's better to have fiat to buy back cheap coins right away and then hold.

I regret not doing that in 2018-2019, I could have fill my bags with cheap bitcoin and ethereum back then. And then could have made a lot of money in 2020 or even today if I will not sold it. Anyhow, this might be basic, but looks solid and you don't need to complicate things in a bear market.


Title: Re: My plans for the next bear market
Post by: Kemarit on November 14, 2021, 04:29:37 AM
The plan in a bearish cycle is too really buy cheap solid coins. Take note I emphasize solid, which means those that are in the top 10-20 at least and buy as many as you can. Don't buy shit and meme coins, there might not be any value in the next bull cycle.

And we don't know how long this bearish cycle will be, it the trend continues then it will be 2-3 years again. So there will be a lot of golden opportunities for us to a bag holders of many coins and continue to do so until you are satisfied with what you are holding.

And then the waiting game starts, hopefully you have that mental toughness to really HODL on them and just sell-off on the right now.


Title: Re: My plans for the next bear market
Post by: magnum1010 on November 14, 2021, 04:36:36 AM


Main question about my plan is it safe or not keeping usdt for months?

Actually, USDT is the most popular stablecoin. Despite all bad news about it, Tether remains the stablecoin with the biggest trading volume. Nevertheless, if we are talking about a big sum of money, you had better diversify your money between different stablecoins. For example, you can take USDC, DAI, BUSD in addition to USDT.


Title: Re: My plans for the next bear market
Post by: Farma on November 14, 2021, 04:40:35 AM
it will work when the crypto price drops at that point. however, things will be different when the price of crypto goes up.
this reminds me of the plan I did at the end of 2020. I also sold all the assets that I owned. BTC, ETH, BNB and more. convert it to Fiat and hope the price of crypto drops so I can collect it again in large quantities. however, everything changed when the price of crypto really went up, and it made me regret the decision I made. however, current analysis and predictions suggest that the start of the year will be the moment for bitcoin to hit $100k. it would be great if you considered the circumstances before actually doing that.


Title: Re: My plans for the next bear market
Post by: Croin on November 14, 2021, 04:45:04 AM
The question is which stable do you trust the most?
USDC? Dai which is also backed 60% by USDC, Binance? or Tether?


Title: Re: My plans for the next bear market
Post by: gwdf1 on November 14, 2021, 04:49:38 AM
Actually, I have almost the same plan. I am going to get rid of almost all altcoins and accumulate stablecoins in USDC and USDT. I consider them to be the most reliable and liquid as for not. I still don't believe in algorithmic stablecoins very much. However, I am going to continue holding Bitcoin and Ethereum as they are for the long term so I am going to hold them at least 5 years more.


Title: Re: My plans for the next bear market
Post by: cabron on November 14, 2021, 05:02:16 AM
That's a common plan, one that everyone might do when the bear market comes. But noting the adoption today where many cities in the US are competing to be the next Bitcoin City, there was a theory that the last bear market was during 2018. I would actually assume the price will not dip below 70% if the bear market will occur.

I wouldn't be going for USDT, bear in mind that stablecoins today are scrutinized these days by regulators and CBDCs are about to be released, perhaps to replace the stablecoins.


Title: Re: My plans for the next bear market
Post by: poonam8288 on November 14, 2021, 06:00:50 AM
I have been preparing for this for the last 3 years. I missed March-April 2021. But now I look forward to it. It may seem that the way the market is going up at the moment, the time will come. And I have prepared for that. Half in the fund exchange and the rest in the wallet. There are 15 coins in my top 20 list.


Title: Re: My plans for the next bear market
Post by: Reid on November 14, 2021, 06:21:08 AM
USDT is safe short-term. It's not for holding large amount for a long time. If it were me, I'd rather keep in Bitcoin or Ethereum despite the volatility. It's the trust that counts.
You may have to re-write your plan if a bad event happens before December. You wouldn't like to sell it at a price that looks like it came from a dump.
Instead of maximizing the profits you might lose more or worse get rekt in the process. Maintain and monitor, before you start the plan. Be sure you are on the right time.


Title: Re: My plans for the next bear market
Post by: coin-investor on November 14, 2021, 06:46:14 AM
Ok it looks the basic plan for a bear market, hedging it out to USDT.

But I don't think you need to wait for months, this bear market might be worst. So it's better to have fiat to buy back cheap coins right away and then hold.


I'm also planning to convert a huge portion of my coins into fiat when the bear market sets in but before doing this I have to check and plan my exit point, so I can still have profit before the bear market sets in, every year the bear market is different I don't know how will this become different, besides the bear market preparation, I'm still looking forward preparing for the next halving although it's still 900 days it's still the best opportunity to make huge profit.


Title: Re: My plans for the next bear market
Post by: TheUltraElite on November 14, 2021, 07:18:47 AM
If you sell before the bear market hits and exit with USDT at hand and then hold it till the low reaches only to buy it back - then it is a good strategy.

Only factor you need to consider is the timing:
1. You need to time your sale before the bear hits.
2. You need to hold for a long period of time. Sometimes bear markets can run for more than 6months.
3. You need to time your buy back at the proper price to be multiplying your asset.

If you have the patience to hold, which ends up being the most pain-staking process, then you should not have much difficulty in this. In the mean time dont forget to keep fiat savings to keep yourself afloat and dont end up putting all your life savings in this.


Title: Re: My plans for the next bear market
Post by: lovesmayfamilis on November 14, 2021, 07:19:26 AM

btw Im an old member that lost his account (was stolen)




Why tell us here that you are an old member? Moreover, if you previously had a good account that was hacked, your best bet is to create a theme in the META section and try to restore your account. Create a subject and try to sign the message with the bitcoin address previously placed in your previous account.

https://bitcointalk.org/index.php?topic=5089777.0


Title: Re: My plans for the next bear market
Post by: m0nica.just on November 14, 2021, 08:28:23 AM
It seems to me that you are at great risk with this, in other matters, it is completely your business.


Title: Re: My plans for the next bear market
Post by: khiholangkang on November 14, 2021, 08:37:27 AM
Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)


I've been holding USDT for a few months on an exchange, and it's safe. As long as you don't get a data leak, your funds are safe.


Title: Re: My plans for the next bear market
Post by: meldrio1 on November 14, 2021, 08:46:02 AM
I see, so you want to buy coins in the next bear market. It seems you are willing to wait until the market go bearish I think it's a good plan. About USDT there are some speculations that it is not good to keep USDT for long but in my opinion I don't think USDT will having a problem in the future because it has the highest volume, people trusted it so USDT is the best stable coin and very safe.


Title: Re: My plans for the next bear market
Post by: aprilnot on November 14, 2021, 11:17:40 AM

Main question about my plan is it safe or not keeping usdt for months?


Why not. I've kept a few tokens in the ledger for over a year and no problems have occurred, so go for it. Ledgers are perfectly safe, as long as you're always careful.

but my question now is do you believe a bear market will really happen next year? I see the probability is low, and the situation could turn into a long bull. if that happens isn't it very dear to you. You can get a bigger profit if you don't sell it. so it's better to observe the situation first before starting your plan.


Title: Re: My plans for the next bear market
Post by: JeffBrad12 on November 14, 2021, 11:30:35 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.
How can you be sure if the next year could be the bearish year? is it only your assumption or what? I guess that's your choice but is not it better if you keep some percent to prepare if the bullish trend will continue? none can predict the future of market.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings
Im not sure if that will be working or not. The possible thing if you would be missing the train and you have no choice rather than buy it at higher price


Main question about my plan is it safe or not to keep usdt for months?
For me it's safe to hodl USDT for months. I have been keeping my USDT for years and nothing happened to me. If you're feeling worried to use USDT and you can replace it with another stable coin. We have so many stable coins these days and i think that you may be interested to use DAI or BUSD. People are aware if USDT can freeze our money but remember that it's only a few cases and people are still actively trading USDT in the market. that proves if USDT is still safe.


Title: Re: My plans for the next bear market
Post by: cheezcarls on November 14, 2021, 11:59:22 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)




This is what I have been failing to do during the great Bitcoin crash of 2018 from almost $20k to $3k. I was still new to the cryptocurrency space back then and I was too greedy to believe that BTC will likely turn around. I could have sold my BTCs during the peak time before it crashed and buy again in the dip. Man I wish I could travel back in time to correct my wrong decisions, but it is what it is.


Title: Re: My plans for the next bear market
Post by: tyz on November 14, 2021, 12:08:45 PM
-snip-

Well, nothing surprising in your plan if you believe we are near to hit the high and go into a longer lasting bear market. It's a typical bear market strategy. However, you need to hit the high when you sell, which is mostly a challenge, because we can also see a big jump in January or February.
The only point I see critical in your plan is the exchange in USDT. I would not trust Tether after all the inconsistencies. Because especially in a longer-term bear market, the Tether bubble could burst.


Title: Re: My plans for the next bear market
Post by: Doell on November 14, 2021, 12:56:03 PM
safe or not depends on where you save it ,some methods during a bear market must have a plan yes but instead of usdt it's better switch to fiat ,or if you dare to take more risk better switch to cheap altcoins so you can make advantage in a bearish moment


Title: Re: My plans for the next bear market
Post by: Kelvinid on November 14, 2021, 01:14:10 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

Not actually a bad decision, that is your take...but what if the market will pump by December? That probably change your mind and I'm in doubt if you will still sell them or just hold them for a while.

But if you ask me, I suggest you to sell half of your investment and keep hold the other half. It was very important to secure our capital as well.
I think you have to keep them in BTC, not in TRON if you are wanted to earn more. Holding in stablecoins like USDT will only just safeguard your funds but not it increase your investment.


Title: Re: My plans for the next bear market
Post by: michellee on November 14, 2021, 01:25:35 PM
You have a safe plan, but make sure you can sell at the highest price to make a big profit and leave the market temporarily until the bear market trend comes and reaches the bottom price. But as we do not know when the price will reach the high peak, we can only sell at the high price without knowing how high the price will be. But if you are okay with the profit, that will not be a problem so I hope you can make a big profit at the end of December.


Title: Re: My plans for the next bear market
Post by: so98nn on November 14, 2021, 01:45:18 PM
Well selling off to USDT is good move obviously as it gives you time period to study the market without loosing much on the USDT ups and downs. I would suggest if you gonna wait for months of time then why not stake the USDT in a quarters holding position. Get the APY on it, get your USDT back and then invest when it’s red everywhere. Surely your USDT will work for you rather than sitting idol in the wallet. Obviously you will risk the locking period for staking and it would be nightmare if crypto fell down and recovered during that period. It’s literally unpredictable these days.


Title: Re: My plans for the next bear market
Post by: crzy on November 14, 2021, 01:47:53 PM
Its always good to have plan not just during the up trend but also during the down trend for us to secure our profit as well. I don't have much plan yet honestly since I'm still bullish and I can't see any major drop with the market until next year so I'll keep on holding. Selling at profit and buying at dip is always a good decision, stick to that plan mate good luck.


Title: Re: My plans for the next bear market
Post by: livingfree on November 14, 2021, 01:50:21 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)
I won't do that.

Why would I sell my bitcoin for USDT and transfer it on Tron? I'll sell the other alts for another alts but I won't be selling bitcoin for an alt.

I think that's a decision that you have to rethink so that you won't regret that whenever bitcoin reaches another ATH.


Title: Re: My plans for the next bear market
Post by: coco23 on November 14, 2021, 01:55:18 PM
Holding USDT long term might not be the best idea. Stablecoin regulation is coming and USDT could be the first one to go bust.
If you need to sell for Fiat, then do that, but hold proper $, € or whatever is the most convenient for you. Alterantively you could go into BTC and sit the bear market out.


Title: Re: My plans for the next bear market
Post by: Salamande on November 14, 2021, 06:20:57 PM
Holding USDT long term might not be the best idea. Stablecoin regulation is coming and USDT could be the first one to go bust.
If you need to sell for Fiat, then do that, but hold proper $, € or whatever is the most convenient for you. Alterantively you could go into BTC and sit the bear market out.

Well, my goal is mainly try to get more BTC with such a move. So if I keep my BTC during the bearish period, I won’t gain anything. That’s what I did last time (2017] and want to try something else.

Thanks all of you for your advices/warnings about USDT and regulation. Maybe fiat could be the way to go but then again, isn’t the gov will want is share if I cash out my crypto? (Im in Canada)


Title: Re: My plans for the next bear market
Post by: SquallLeonhart on November 14, 2021, 07:18:36 PM
1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?
You are not the first one to plan up for shorting by end of this year. But, unfortunately people started speculating about the continuation of bull run into mid of next year. If that will be the case then you may not be able to catch the exact peak price levels of bitcoins. Along with every bitcoin halving event, the duration of bull run in 4 year cycle might be increasing so in the past we had 1 year bull run which may be longer than that. So, you need to plan up accordingly.

I have similar plans but not with USDT. You may plan up with your local fiats which might be safer than anything else.

Also, you need to consider that most altcoins may not reach its peak price level at the same time of bitcoin hence you need to sell your altcoins stash at different times.


Title: Re: My plans for the next bear market
Post by: Jackl87 on November 14, 2021, 07:25:41 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?
TIA

btw Im an old member that lost his account (was stolen)

Well sounds like a plan that thousands of others investors already had before. The problem is that it is just a theoretical plan and that the reality never plays out as you have planned it. Your plan has also several points where stuff can go wrong, you said you want to sell at the end of december.. well the bear market could hit well before that.
Then you want to wait for a pretty long time until the bear market is over. First we don't know if and when the next bear market will come, well the there will be a bear market someday of course but i doubt that we will see another bear market like the one from 2018 to 2020 again where most coins lost 90% of their value or even more.
So you have a lot of uncertainties in your plan that could actually make your holdings 1/3 instead of x3.


Title: Re: My plans for the next bear market
Post by: ZeeeN on November 14, 2021, 07:43:03 PM
your plan almost like me.

but we not sure yet after December market change to bear market or not right now crypto market not same as 8or4 year ago


Title: Re: My plans for the next bear market
Post by: husdemba on November 14, 2021, 07:56:27 PM
I think we will see a bear market again in February at the latest. I hope we will convert our investments to USDT at the right time. First of all, it is necessary not to be greedy. When we get our intended profit, we should take our profit and wait for the most opportune time for the new purchase  :-\


Title: Re: My plans for the next bear market
Post by: sovie on November 14, 2021, 08:10:03 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)


The plan looks pretty good. This is probably the most popular investment strategy I know. It also seems very easy, but unfortunately it is not. It is very difficult to determine the best time to sell and then buy back. In my opinion, the bear market will not start in December. I think the bull run will last at least a few more months.


Title: Re: My plans for the next bear market
Post by: zasad@ on November 14, 2021, 08:14:48 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)
I sell Ethereum coins and tokens on uniswap and use a ledger to store them.
I prefer more DAI, less USDC and USDT. At any time, you can buy Ethereum and other tokens and not use centralized intermediaries (exchanges or exchange services).
While exchange services will change your coins on a centralized exchange.


Title: Re: My plans for the next bear market
Post by: o48o on November 14, 2021, 08:22:16 PM
Main question about my plan is it safe or not keeping usdt for months?

Safer then what? Everything is relative. Question is why do you want keep it as usdt and not just usd or any other fiat money? And if you really are waiting for bear market to be over, i think you need to be prepared to keep it in usdt at least 2 years or something like that. A LOT of things can happen during that but i don't think that death of tether would be one of them.


Title: Re: My plans for the next bear market
Post by: gabbie2010 on November 14, 2021, 11:35:00 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)



Well it's a good a idea that you are very much aware of a likely bearish market after the end of this bullish runs, and getting prepared "experience is the best teacher" I don't think there would be any problem trading off your coins to USDT which is even more safe and secure using Tron legder rather than using BUSD  because is not advisable to hodl your huge coins in any exchange.
I am also thinking of investing in some potential coins if the market eventually undergo correction having studied a lot of opportunities missed in the last bearish runs.


Title: Re: My plans for the next bear market
Post by: Questat on November 14, 2021, 11:43:15 PM

snipped~


Well it's a good a idea that you are very much aware of a likely bearish market after the end of this bullish runs, and getting prepared "experience is the best teacher" I don't think there would be any problem trading off your coins to USDT which is even more safe and secure using Tron legder rather than using BUSD  because is not advisable to hodl your huge coins in any exchange.
I am also thinking of investing in some potential coins if the market eventually undergo correction having studied a lot of opportunities missed in the last bearish runs.
We can't underestimate the market volatility and what OP does/plans is trying to save him from losing his profit when the correction comes. That is common to everyone and we can't assure everything went good that is how important to anticipate it before we regret then.
In fact, it comes normally to make sell during the bullish season, can't tell that we are trying to stop the bullish trend because if you are a smart investor, that is also the thing to do.


Title: Re: My plans for the next bear market
Post by: martina14 on November 14, 2021, 11:45:39 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)




If you have a 1005 trust in your plan, you can stick with it. But since that you are asking the community here in the forum
that means you still have a doubt on your plan, if that so, make your assets be turn into fiat this thing is the best thing I can
see with it at least, through fiat you are comfortable anyhow.


Title: Re: My plans for the next bear market
Post by: TelolettOm on November 14, 2021, 11:51:27 PM
I think That you have considered about this. Actually, there may be some people who will also do the same. So do I.
I also have plans to sell al my BTC and Alts. Btc at least on December. And for Altcoins, I will see whether the altcoin season will also happen on December or even on the beginning of the next year.
For me, I need to cash out some because I need caah to do something in real life. And of course, at leaat have some balances to lrepare for thw next bear market.
And about safe or not, USTD is the most popular stablecoin. But some people worry about the future of this. If you are worried, maybe you also need to always update the development of USDT so that you will not miss the chance to sell or convert your USDT


Title: Re: My plans for the next bear market
Post by: bhooscream on November 14, 2021, 11:54:19 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.
I also have the same plan. Selling everything in December, or converting them to USDT. Some of my USDT will be used to buy again crypto coins in the upcoming bearish. I will wait for the moment when the prices of crypto coins are at the dip level. While for the rest of my USDT, I will convert it to fiats. I think it is the right time to enjoy the profits.  ;D



Title: Re: My plans for the next bear market
Post by: Cryptock on November 14, 2021, 11:54:26 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)


I really like your plan! However, I'm not sure December 2021 will be a good time to sell. There is a very high probability that the bull run will begin in December. So if I can advise you anything, you better think about postponing the sale date to a later date.


Title: Re: My plans for the next bear market
Post by: WalkerIVIV on November 15, 2021, 02:16:29 AM
I think keeping USDT for months is safe, but this kind of strategy always require you to be strong mentally, in trading world there is a saying “buy low sell high” but most of people can’t even implement that in their trading mostly because when the bloodbath or when the bearish market is happening most of traders mostly that aren’t veteran traders will already lost their mind and hesitant to buy because they will definitely think that the bearish market will have no end.
But your strategy honestly is the most logical than others if you really can implement that, there are many long term holders out there that make a great return of investment by just simply buying when the coin’s value is on its lowest and by doing that they are maximizing their return of investment into another level of height  and turn their money into not only triple of its initial value but maybe 10 times of its initial value


Title: Re: My plans for the next bear market
Post by: dimonstration on November 15, 2021, 02:25:17 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)


I really like your plan! However, I'm not sure December 2021 will be a good time to sell. There is a very high probability that the bull run will begin in December. So if I can advise you anything, you better think about postponing the sale date to a later date.

What chart are you looking or where do you see the Technical Analysis about this prediction. If its came from influencer that you are following, Unfollow him immediately or if it came from a TA analyst then that is BS. If you open your eyes and read the chart, We are on the final stage of Elliot Wave Cycle which means this is the final bull run before we experienced indecision again. Bitcoin. Is already in a bull run since last year and it's delusional to say that bull run only start on December while you obviously know that BTC already grows more than x10 from the bottom last year.

Stop BS statement like this in public.


Title: Re: My plans for the next bear market
Post by: Salamande on November 15, 2021, 03:10:56 AM
Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.


Title: Re: My plans for the next bear market
Post by: Luffygroove on November 15, 2021, 05:29:31 AM
First thing first, we should really prepare our minds for the upcoming bear market cause it can lead to a winter season. We can't be weak. So, my plan for the upcoming bear market is to cash out to fiat for all of my assets, doing other things that I can do in the crypto world like airdrop and bounty while probably buying here and there, relaxing, and then waiting for the market to recover or even bull market come.


Title: Re: My plans for the next bear market
Post by: Farma on November 15, 2021, 05:37:21 AM
Main question about my plan is it safe or not keeping usdt for months?

Safer then what? Everything is relative. Question is why do you want keep it as usdt and not just usd or any other fiat money? And if you really are waiting for bear market to be over, i think you need to be prepared to keep it in usdt at least 2 years or something like that. A LOT of things can happen during that but i don't think that death of tether would be one of them.
waiting for a bear market is something that is uncertain. especially if you look at the current situation. Many factors are driving crypto prices to continue to rise. So, I don't think waiting that long is a good idea.
other than that, i think the way is the safe way. however, there needs to be a strategy in it and also patience. because the thing most crypto users feel is when you sell the assets you own, the price recovers. it will make you wait indefinitely.
the plan he made was like holding assets, the key to the success of the plan was patience.


Title: Re: My plans for the next bear market
Post by: Shasha80 on November 15, 2021, 06:02:48 AM
First thing first, we should really prepare our minds for the upcoming bear market cause it can lead to a winter season. We can't be weak. So, my plan for the upcoming bear market is to cash out to fiat for all of my assets, doing other things that I can do in the crypto world like airdrop and bounty while probably buying here and there, relaxing, and then waiting for the market to recover or even bull market come.

The bear market is actually not a situation that we like, because when the bear market comes, all the coins we hold will drop in price. So I agree
with you, before the bear market comes, it is better to make preparations. So that when the bear market comes, we don't panic. and can take
advantage of falling crypto prices by buying some coins at low prices. After that we can wait for the bullish market to come. Or if we don't have
extra money to buy potential coins when the bear market comes, there are other ways we can do it. As you said, we can participate in airdrops or
bounties, although there are many airdrops and bounty scams. But if we can do our research properly first, we can choose pretty good projects
from airdrops and bounties. In conclusion, we must be ready to face a bear market at any time, because a bear market will definitely come,
without prior preparation only makes us panic and experience losses when the bear market comes.


Title: Re: My plans for the next bear market
Post by: hodlftw on November 15, 2021, 07:26:12 AM
I see, so you want to buy coins in the next bear market. It seems you are willing to wait until the market go bearish I think it's a good plan. About USDT there are some speculations that it is not good to keep USDT for long but in my opinion I don't think USDT will having a problem in the future because it has the highest volume, people trusted it so USDT is the best stable coin and very safe.

Has anybody considered USDC for this plan? USDT has a bunch of problems, no? USDC is at least backed by circle which is backed by Goldman Sacs which is regulated by the gov't ( I know "regulated" ) ahahha. But still. What am I missing here. I think USDC is good too.


Title: Re: My plans for the next bear market
Post by: Salamande on November 19, 2021, 03:26:17 AM
I see, so you want to buy coins in the next bear market. It seems you are willing to wait until the market go bearish I think it's a good plan. About USDT there are some speculations that it is not good to keep USDT for long but in my opinion I don't think USDT will having a problem in the future because it has the highest volume, people trusted it so USDT is the best stable coin and very safe.

Has anybody considered USDC for this plan? USDT has a bunch of problems, no? USDC is at least backed by circle which is backed by Goldman Sacs which is regulated by the gov't ( I know "regulated" ) ahahha. But still. What am I missing here. I think USDC is good too.

I executed my plan sooner. It doesn't look really good now. Tried 1/2 usdt and 1/2 usdc


Title: Re: My plans for the next bear market
Post by: traderethereum on November 19, 2021, 04:04:59 AM
I see, so you want to buy coins in the next bear market. It seems you are willing to wait until the market go bearish I think it's a good plan. About USDT there are some speculations that it is not good to keep USDT for long but in my opinion I don't think USDT will having a problem in the future because it has the highest volume, people trusted it so USDT is the best stable coin and very safe.

Has anybody considered USDC for this plan? USDT has a bunch of problems, no? USDC is at least backed by circle which is backed by Goldman Sacs which is regulated by the gov't ( I know "regulated" ) ahahha. But still. What am I missing here. I think USDC is good too.
I executed my plan sooner. It doesn't look really good now. Tried 1/2 usdt and 1/2 usdc
No matter what you want to do later, I hope you can use this time to buy bitcoin and altcoin because the discount time is coming and you can select many potential coins to buy now.
But make sure before you buy bitcoin and altcoin, you researching to find the right time to buy so you can get the low price for each coin.
I am not yet using USDC but I already USDT so far and I do not have a problem because I can use USDT from the Tron network to cover the fee.


Title: Re: My plans for the next bear market
Post by: Salamande on November 19, 2021, 05:17:47 PM
No matter what you want to do later, I hope you can use this time to buy bitcoin and altcoin because the discount time is coming and you can select many potential coins to buy now.
But make sure before you buy bitcoin and altcoin, you researching to find the right time to buy so you can get the low price for each coin.
I am not yet using USDC but I already USDT so far and I do not have a problem because I can use USDT from the Tron network to cover the fee.

Bloodbath seems to be over, so I rebought already... LOL

Yes found out that USDC isn't as good as USDT because cannot be used on tron ledger. And fee on ETH are insane... 70$ USDC for a transaction (yesterday)


Title: Re: My plans for the next bear market
Post by: alpamar99 on November 19, 2021, 06:27:11 PM
the problem is that no one really knows when the bearish will come, even though if you look at the history of the bearish will be in months that are always the same but do not know for sure when the bearish will come.
on the other hand your plan is pretty good but maybe it should see how the market is moving before actually selling all the btc and altcoins you have.


Title: Re: My plans for the next bear market
Post by: UDONNA on November 19, 2021, 07:29:10 PM
Despite the fact that I believe in the growing opportunities of the crypto market, during prolonged bear periods, I prefer to withdraw my crypto assets to fiat rather than store them in stablecoins. It's safer for me.


Title: Re: My plans for the next bear market
Post by: kawetsriyanto on November 19, 2021, 09:59:18 PM
Has anybody considered USDC for this plan? USDT has a bunch of problems, no? USDC is at least backed by circle which is backed by Goldman Sacs which is regulated by the gov't ( I know "regulated" ) ahahha. But still. What am I missing here. I think USDC is good too.
Both are good. I used both USDT and USDC, but prefer USDT because it has more pairs in most exchanges. What problems do you mean with USDT? For me, whatever the problem is no problem as long as it doesn't bring a very big influence to USDT value. Moreover, I usually don't save USDT for a long time. After the price looks suitable with my target, I sell it or convert it to fiats.



Title: Re: My plans for the next bear market
Post by: Salamande on November 19, 2021, 11:53:37 PM
Has anybody considered USDC for this plan? USDT has a bunch of problems, no? USDC is at least backed by circle which is backed by Goldman Sacs which is regulated by the gov't ( I know "regulated" ) ahahha. But still. What am I missing here. I think USDC is good too.
Both are good. I used both USDT and USDC, but prefer USDT because it has more pairs in most exchanges. What problems do you mean with USDT? For me, whatever the problem is no problem as long as it doesn't bring a very big influence to USDT value. Moreover, I usually don't save USDT for a long time. After the price looks suitable with my target, I sell it or convert it to fiats.



Aren't converting it to Fiat involve gov taxes? Not sure here in Canada


Title: Re: My plans for the next bear market
Post by: letyouearn on November 20, 2021, 12:05:43 AM
Sounds good, but I'd better set price levels - not just time limits. And I think the bloodbath will begin in March. Maybe in February... But if you want to stay safe - it's a good plan.


Title: Re: My plans for the next bear market
Post by: traderethereum on November 20, 2021, 02:07:29 AM
No matter what you want to do later, I hope you can use this time to buy bitcoin and altcoin because the discount time is coming and you can select many potential coins to buy now.
But make sure before you buy bitcoin and altcoin, you researching to find the right time to buy so you can get the low price for each coin.
I am not yet using USDC but I already USDT so far and I do not have a problem because I can use USDT from the Tron network to cover the fee.

Bloodbath seems to be over, so I rebought already... LOL

Yes found out that USDC isn't as good as USDT because cannot be used on tron ledger. And fee on ETH are insane... 70$ USDC for a transaction (yesterday)
Hopefully, it will be over soon, but we still need to be careful as there are no signs for the market to be over and just in case this situation continues, you need to have more funds to buy at another lower price.
Yes, the fee is too high, but that will depend on how big you want to withdraw your ETH.
Maybe you can divide some parts to withdraw the ETH so you do not have to pay a high fee.
I hope the market will recover from this bloodbath.


Title: Re: My plans for the next bear market
Post by: LUCKMCFLY on November 20, 2021, 02:54:04 AM
Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.

December is always the most controversial month for crypto, most people are waiting for this month because they think that BTC and all cryptocurrencies can go up to new levels, however it is very possible that it will happen, but when you see how the price is currently it is + $ 60k I think that there must be a quite natural correction, and it has not been presented yet, it is possible that at any moment it will arrive, but very few people are waiting for this retracement, most of them expect more rise in the price of BTC and generally the market always does the opposite of what the masses think.



Title: Re: My plans for the next bear market
Post by: Rufsilf on November 20, 2021, 09:21:12 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.
I also have the same plan. Selling everything in December, or converting them to USDT. Some of my USDT will be used to buy again crypto coins in the upcoming bearish. I will wait for the moment when the prices of crypto coins are at the dip level. While for the rest of my USDT, I will convert it to fiats. I think it is the right time to enjoy the profits.  ;D
Yep that might be good, sounds like a solid and concrete plan to me. We all know that the bearish market will come somehow soon that we might expected and I think that it will some time to pass, and when the December comes then I think we might get a hint about the upcoming events.
For me, I'm making sure to see it as an advantage to get some profits but we know bear market is sure needs a lot of attention to eventually gain.


Title: Re: My plans for the next bear market
Post by: dvndr007 on November 20, 2021, 09:30:52 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)




It's safe risk is minimal to have USDT then any other coin because of its stability.

else is your choice how you want to play with your money.
 


Title: Re: My plans for the next bear market
Post by: nimogsm on November 20, 2021, 03:17:46 PM
I don't see any problem to freely store your usdt in the future after the sale of all the alts.In addition, you can put them at interest while you are inactive for several months.You won't earn much, but it will be better than they will just lie idle.At the moment, almost all top exchanges have different offers for investment, so this will not be a problem.


Title: Re: My plans for the next bear market
Post by: Koro-Sensei on November 20, 2021, 03:59:00 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)



Well it sounds a very concrete plan you have been there buddy. However, I think bull market will continue up until Feb and selling by December would be a loss. Bull run has started ready and I dont see it stop til the next 3 months. Sorry for the loss of your account by the way. Hope you could bring it back again.


Title: Re: My plans for the next bear market
Post by: aseprebel on November 20, 2021, 04:37:25 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)



i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.


Title: Re: My plans for the next bear market
Post by: ScamViruS on November 20, 2021, 04:49:29 PM
i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.

Stable coins can save you from incurring huge losses as their price does not change in the market. But to find the right time to convert your other assets to stable coins, a trader needs to know enough about the market. If you have enough stable coin reserves in the Bear Market, you can prepare for the next bull run. So it is very important to get out of the market at the right time.


Title: Re: My plans for the next bear market
Post by: riskarcher on November 20, 2021, 05:30:23 PM
i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.

Stable coins can save you from incurring huge losses as their price does not change in the market. But to find the right time to convert your other assets to stable coins, a trader needs to know enough about the market. If you have enough stable coin reserves in the Bear Market, you can prepare for the next bull run. So it is very important to get out of the market at the right time.
People who already have a plan and know the capacity of their ability to make choices, they are already one step ahead for the next bull run. The right choice is choosing USDT as the safest option in securing your finances. bear market will always be there but how do we control our emotions in that situation


Title: Re: My plans for the next bear market
Post by: isaac_clarke22 on November 20, 2021, 05:39:16 PM
~
Careful in holding stablecoins. You are surely aware that stablecoins are possible to be frozen, even in your own wallet right? You never wanted that to happen to  you, aside from getting your funds frozen inside an exchange. I know someone mentioned below you that it is still safe, but it would be safer than sorry scenario for me though.


Title: Re: My plans for the next bear market
Post by: bastian466 on November 20, 2021, 06:13:00 PM
I have done such a plan, maybe what I did was too early to sell all the assets I had, but this was a decision that was already in the strategy, now just waiting for the bears to come and wait for the market to fall very deep. Saving in usdt is safe in my opinion and usually when altcoin goes down then usdt goes up it can increase the value of the asset but now i save it in fiat currency first


Title: Re: My plans for the next bear market
Post by: herurist on November 20, 2021, 06:19:17 PM
Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.

December is always the most controversial month for crypto, most people are waiting for this month because they think that BTC and all cryptocurrencies can go up to new levels, however it is very possible that it will happen, but when you see how the price is currently it is + $ 60k I think that there must be a quite natural correction, and it has not been presented yet, it is possible that at any moment it will arrive, but very few people are waiting for this retracement, most of them expect more rise in the price of BTC and generally the market always does the opposite of what the masses think.


like you said. If you look at this now, there should be a correction that really needs to happen for the next spike.
but i haven't seen it happen normally and by december there's actually still a few weeks to go.
and we can only hope for the best and see how things turn out in the months ahead.
whether everyone's speculation will be true this month or just wishful thinking.


Title: Re: My plans for the next bear market
Post by: teosanru on November 20, 2021, 06:23:56 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)



I don't think this is a wise idea, how do you predict which blood bath is the last blood bath? Unless you have some holy grail it's impossible to predict the last ultimate bloodbath, better strategy is to buy in lots, buy a certain percentage in every blood bath you see, let's say the price of BTC falls to 50k, you fill your bags by 20% then when it falls to 40k you buy another 20% this way you will be able to average your whole portfolio at a good price and will not miss on any opportunity, otherwise, if you keep on waiting for another dump and market rebounds from that point, you will be losing a big opportunity.


Title: Re: My plans for the next bear market
Post by: ScamViruS on November 20, 2021, 06:32:42 PM
i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.

Stable coins can save you from incurring huge losses as their price does not change in the market. But to find the right time to convert your other assets to stable coins, a trader needs to know enough about the market. If you have enough stable coin reserves in the Bear Market, you can prepare for the next bull run. So it is very important to get out of the market at the right time.
People who already have a plan and know the capacity of their ability to make choices, they are already one step ahead for the next bull run. The right choice is choosing USDT as the safest option in securing your finances. bear market will always be there but how do we control our emotions in that situation

I agree with you. When USDT is in a trader's wallet, he can keep himself safe and make the right decision, taking advantage of the market. No one has any idea how long the current trend in the market will continue. From my own experience, only those traders in the bear market can take the opportunity who can make the right decision during the bull market.


Title: Re: My plans for the next bear market
Post by: 7788bitcoin on November 20, 2021, 06:42:07 PM
Majority here are confident that USDT will be safe heaven for long term holding, i have a different opinion regarding this. I would convert my profit in fiat currency and there are multiple exchanges that allow you to store the coins in fiat and i would choose those and i do not trust holding USDT and knowing its history and the troubles it will face legally, i would advice everyone to stay away from them.


Title: Re: My plans for the next bear market
Post by: dupee419 on November 20, 2021, 08:30:39 PM
Majority here are confident that USDT will be safe heaven for long term holding, i have a different opinion regarding this. I would convert my profit in fiat currency and there are multiple exchanges that allow you to store the coins in fiat and i would choose those and i do not trust holding USDT and knowing its history and the troubles it will face legally, i would advice everyone to stay away from them.

Go ahead and convert it into another stablecoin than USDT then, the bear market isn't gonna stay for long and recovery is definitely there after the bear market, either convert all of your current holdings or just simply hold it until the next bull season, that doesn't seem to be hard and to be honest it contains less risk than the other options mentioned by the OP and the other replies above.


Title: Re: My plans for the next bear market
Post by: btcltcdigger on November 20, 2021, 10:08:40 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)


Well, if you're really an old member, you'd know better than what you're saying here.
Newsflash, this is what most people are gonna do, but questions is, how do you know it's best to sell at end of december?


Title: Re: My plans for the next bear market
Post by: cute nmp on November 20, 2021, 10:33:54 PM
Great idea to avoid loosing money  during the bear market. We recently reached an alll time high and currently I am curious to know whether we may be heading into the bear market soon,don't want to sell my assets quickly now to avoid regrets so I wait and see what happens next before making any move with my money.


Title: Re: My plans for the next bear market
Post by: Brus123 on November 21, 2021, 05:39:16 AM
Main question about my plan is it safe or not keeping usdt for months?

USDT is the most popular option. First of all, it has the biggest trading volume from all stable coins so it is very liquid. Secondly, it has the biggest number of pairs on different exchanges so you can freely change it without long-long routes. I also accumulate exactly USDT when I quit for the time of bear market so as to enlarge my portfolio on the dip. But if you need to hold a big sum of money, you should consider creating a basket of different stable coins.


Title: Re: My plans for the next bear market
Post by: OrangeII on November 21, 2021, 05:57:07 AM
Well, if you're really an old member, you'd know better than what you're saying here.
Newsflash, this is what most people are gonna do, but questions is, how do you know it's best to sell at end of december?
Well, everyone does have a very good plan sometimes. however, it is very difficult to determine the time to implement it. It's great to have a plan like, when the price starts to drop, we'll sell the asset into a stable form of coins, then buy more coins when the price drops deeper. well, it's just that, when it really happens, doubt will enter your heart, and make you hesitate in making that decision. yeah, it happens to me often.
anyway, it's a good plan if it works.


Title: Re: My plans for the next bear market
Post by: ahoenk on November 21, 2021, 11:25:12 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)




First of all, thats good strategy but who knows when it will goibg down or up ? I know there is the golden cycle and crypto winter just like 2014 and 2018 bit the exact time is not known, only whale knows it. My strategy is i will cash out when this bull cycle is end hopefully i am right and can decide when to enter again.


Title: Re: My plans for the next bear market
Post by: velive08 on November 21, 2021, 03:09:13 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)




when compared to storing other cryptocurrencies, it is safer to store stablecoins such as USD, I think, but for the development of BTC and Altcoins next year it seems there is still an increase, I think it's a shame if you sell all the assets you have.


Title: Re: My plans for the next bear market
Post by: LUCKMCFLY on November 25, 2021, 12:17:18 AM
Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.

December is always the most controversial month for crypto, most people are waiting for this month because they think that BTC and all cryptocurrencies can go up to new levels, however it is very possible that it will happen, but when you see how the price is currently it is + $ 60k I think that there must be a quite natural correction, and it has not been presented yet, it is possible that at any moment it will arrive, but very few people are waiting for this retracement, most of them expect more rise in the price of BTC and generally the market always does the opposite of what the masses think.


like you said. If you look at this now, there should be a correction that really needs to happen for the next spike.
but i haven't seen it happen normally and by december there's actually still a few weeks to go.
and we can only hope for the best and see how things turn out in the months ahead.
whether everyone's speculation will be true this month or just wishful thinking.

Days ago there was a correction, it was not strong, I still do not know what could have been the reason, but BTC reached $ 55k and that produced a huge drop in all altcoins, something that is very normal, whenever BTC falls in price all altcoins fall with great force, however, many are waiting for BTC to reach $ 100k, some forecast $ 150k, what I do not like about all this is that the market always does the opposite process to what the mass thinks If you are expecting a bullish move towards $ 100k, the opposite could happen and have a monumental drop, however for now the best thing to do is put everything in Hodl mode.


Title: Re: My plans for the next bear market
Post by: harizen on November 25, 2021, 12:34:33 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

No need for that plan to take effect in December.

We don't know what will be the trend for that month. You can actually take effect and deploy that plan now as we speak.

For a test strategy, you can have some small trades starting now and see what will be the result.

Main question about my plan is it safe or not keeping usdt for months?

Although there are lots of raises and concerns regarding USDT, it's not that they will be busted right away. You can keep it on USDT if you preferred it but always be updated on it.


Title: Re: My plans for the next bear market
Post by: mamesso on November 25, 2021, 05:16:28 AM
The USDT value is basically not going down. Saving USDT is like maintaining asset value, USDT as a good medium as a protector of wealth.

I prefer to keep my wealth in BTC or ETH. Uncertainty and fluctuations in the price of Bitcoin become an interesting point for me. Although the price of Bitcoin can drop sharply, prices can also soar. No one can know for sure whether Bitcoin performance will get more positive every year, or even decreased drastically at some point in the future. But it will be a challenge for me.
Bitcoin follows the principle of high risk high return investment. The greater the risk or uncertainty of an asset, then the probability of getting a return is also greater. This is why Bitcoin is seen as an investment instrument that is different from other investment assets, so my goal is to buy a little bit of Bitcoin as a wealth protector as well as a wealth enhancer.


Title: Re: My plans for the next bear market
Post by: EmmaGod on November 25, 2021, 05:46:50 AM
I accept the fact that there would always be a bear after a bull run, but we don't know when the bear will commence. It would be out of place to think that the bear would start by next year because we had a bull run this year. We need to be mindful of the fact that the cryptocurrency industry is not always going in line with precedence. The bull run we had this year is the longest we've had so far, it's possible it continues till next year and beyond. Don't make the mistake of using the previous bull run of 2017 to make a decision in 2021. So many things have changed in the industry from then till now.


Title: Re: My plans for the next bear market
Post by: molsewid on November 25, 2021, 06:13:02 AM

No need for that plan to take effect in December.

We don't know what will be the trend for that month. You can actually take effect and deploy that plan now as we speak.

For a test strategy, you can have some small trades starting now and see what will be the result.


You have a point mate, everybody are very optimistic that the month of December is the most awaited month for crypto, but I think a back up plan it is still needed if ever the market by next month still didn't show good. We really don't know what will be the trend by next month and the unexpected price correction for Bitcoin and Eth are now taking place, and yet we didn't know when will it going to pump again, but yeah you're right this time is quite a perfect time to add asset to fill in our bags instead, in my case I have already fill my bags with Eth and Btc and now I am just waiting for a new ATH, hopefully.


Title: Re: My plans for the next bear market
Post by: Kasabus on November 25, 2021, 07:10:25 AM

No need for that plan to take effect in December.

We don't know what will be the trend for that month. You can actually take effect and deploy that plan now as we speak.

For a test strategy, you can have some small trades starting now and see what will be the result.


You have a point mate, everybody are very optimistic that the month of December is the most awaited month for crypto, but I think a back up plan it is still needed if ever the market by next month still didn't show good. We really don't know what will be the trend by next month and the unexpected price correction for Bitcoin and Eth are now taking place, and yet we didn't know when will it going to pump again, but yeah you're right this time is quite a perfect time to add asset to fill in our bags instead, in my case I have already fill my bags with Eth and Btc and now I am just waiting for a new ATH, hopefully.
Exactly. The market will always be unpredictable so we should anticipate now what will be our back up plan whenever the market remains bearish until 2021 ends. And since we don’t want to miss another opportunity, so better get ready with your funds and start filling your bags with bitcoin and those top and solid altcoins.  After all, we are here to gain huge profits so as early as now, start accumulating those coins that will be good for your portfolio. As long as the coins seem to be cheaper, just take advantage of every chances.


Title: Re: My plans for the next bear market
Post by: Botnake on November 25, 2021, 08:44:50 AM
I accept the fact that there would always be a bear after a bull run, but we don't know when the bear will commence. It would be out of place to think that the bear would start by next year because we had a bull run this year. We need to be mindful of the fact that the cryptocurrency industry is not always going in line with precedence. The bull run we had this year is the longest we've had so far, it's possible it continues till next year and beyond. Don't make the mistake of using the previous bull run of 2017 to make a decision in 2021. So many things have changed in the industry from then till now.
The fact that we have to prepare the incoming bear market as to when will it hit the market, so we have to take advantage now whatever opportunities that the market can offer so we can gain maximum profits whenever bullish season comes. And these profits will be a good preparation to buy  cheap but potential coins when bearish season starts.

However, although my plans are focused on buying and filling my bags with potential coins, i also have to secure my own funds for my personal needs because for sure when bear season is here, there would be less opportunities to create profits.


Title: Re: My plans for the next bear market
Post by: Ararbermas on November 25, 2021, 09:06:46 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)



its a good decision mate if you don't know what to do during bear market.. Because indeed mostly preferred to dump, but fyi mate nowadays you can actually make profits in downtrend as well and it's called SHORTING, if bull market we buy low and sell high, in bear market it's opposite wherein you will ask shares and etc. If you're interested just make research and how to apply it during downtrend, because you know bearish season sometimes it takes weeks or two.  Perhaps q good option while market isn't fine.


Title: Re: My plans for the next bear market
Post by: Farma on November 25, 2021, 10:22:03 AM
The USDT value is basically not going down. Saving USDT is like maintaining asset value, USDT as a good medium as a protector of wealth.

I prefer to keep my wealth in BTC or ETH. Uncertainty and fluctuations in the price of Bitcoin become an interesting point for me. Although the price of Bitcoin can drop sharply, prices can also soar. No one can know for sure whether Bitcoin performance will get more positive every year, or even decreased drastically at some point in the future. But it will be a challenge for me.
Bitcoin follows the principle of high risk high return investment. The greater the risk or uncertainty of an asset, then the probability of getting a return is also greater. This is why Bitcoin is seen as an investment instrument that is different from other investment assets, so my goal is to buy a little bit of Bitcoin as a wealth protector as well as a wealth enhancer.
It's okay to store assets in bitcoin or ethereum. however, it is very natural that when FUD occurs immediately and can cause negative effects such as a fairly severe price drop, it is a good thing to trade our assets into stablecoins before it actually happens. however, when the price drops and your asset has become a stablecoin, there is a high chance that you can get a larger amount of the asset when you buy bitcoin or ethereum at a lower price once you have stabilized the coin.
Well, this is a simple plan that is easy to understand, but very difficult to execute. the problem is the timing. sometimes, when selling an asset, the price of the coin we are selling suddenly rises high. it happened to me several times.


Title: Re: My plans for the next bear market
Post by: leea-1334 on November 25, 2021, 10:29:42 AM
It's okay to store assets in bitcoin or ethereum. however, it is very natural that when FUD occurs immediately and can cause negative effects such as a fairly severe price drop, it is a good thing to trade our assets into stablecoins before it actually happens. however, when the price drops and your asset has become a stablecoin, there is a high chance that you can get a larger amount of the asset when you buy bitcoin or ethereum at a lower price once you have stabilized the coin.
Well, this is a simple plan that is easy to understand, but very difficult to execute. the problem is the timing. sometimes, when selling an asset, the price of the coin we are selling suddenly rises high. it happened to me several times.

It is not just okay,,, it is the best route. Assuming everything else is the same (personal device security and habits and a secure wallet) storing assets that are centralized like all stablecoins are is a big risk to the whole idea of "storing".

FUD and hype should not affect the storer since the whole idea is to keep for long term right? Who cares about what happens in 1 or 2 years. You know in 4/5 years Bitcoin and Ethereum always appreciate.


Title: Re: My plans for the next bear market
Post by: Sebas.tian on November 25, 2021, 10:53:01 AM
I guess is not a good plan to sell all the altcoin, now that the end of the year is approaching because the price of those coins will still increase higher before the end of December. Selling bitcoin and other altcoin in this season is not a good idea because things are about to change in the market for those customers waiting for the price to reduce so that they can buy more coin and hold for future.
Buy more bitcoin, since the price is still not stable for anyone to make a good profit in the market . Anyone that bear this season not to sell altcoins but hold will really enjoy the reward that attache to those that plan well to bear the market before the end of December.


Title: Re: My plans for the next bear market
Post by: LogitechMouse on November 25, 2021, 12:44:16 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?
Your plan seems good and TBH, I'm thinking of that strategy too when the bear market comes.
The question is will 2022 be the start of the bear market and you are selling all of your coins and hold USDT? Because if the opposite happens and it continues to go upwards then you will incur losses in your portfolio.

There is nothing wrong keeping USDT for months. There is this risk of getting potential gains when you held BTC and ALTS rather than holding USDT and worse if it didn't go the way you like then you will get losses. Its better if you will just convert a percentage of it into Fiat, wait and then buy when you feel that it is low than converting it to USDT. Keep a percentage of your holdings too to hold BTC and ALTS just incase they will go higher then you'd still gain profits.


Title: Re: My plans for the next bear market
Post by: Questat on November 25, 2021, 12:50:46 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?
Your plan seems good and TBH, I'm thinking of that strategy too when the bear market comes.
The question is will 2022 be the start of the bear market and you are selling all of your coins and hold USDT? Because if the opposite happens and it continues to go upwards then you will incur losses in your portfolio.

There is nothing wrong keeping USDT for months. There is this risk of getting potential gains when you held BTC and ALTS rather than holding USDT and worse if it didn't go the way you like then you will get losses. Its better if you will just convert a percentage of it into Fiat, wait and then buy when you feel that it is low than converting it to USDT. Keep a percentage of your holdings too to hold BTC and ALTS just incase they will go higher then you'd still gain profits.

Diversifying your investment is very important, which will minimize the risk.

Be smart and be realistic all the time as a bullish market does not exist forever, just like our experience in the past, we have a bear market and bull market, so it's just a matter of timing and we have to do the right timing if we want to be successful in trading and investing. Of course, no one can predict the right outcome all the time, but with proper research and learning from our experience, it's not impossible to be consistent in trading.


Title: Re: My plans for the next bear market
Post by: freedomgo on November 25, 2021, 01:11:55 PM
I guess is not a good plan to sell all the altcoin, now that the end of the year is approaching because the price of those coins will still increase higher before the end of December. Selling bitcoin and other altcoin in this season is not a good idea because things are about to change in the market for those customers waiting for the price to reduce so that they can buy more coin and hold for future.
Buy more bitcoin, since the price is still not stable for anyone to make a good profit in the market . Anyone that bear this season not to sell altcoins but hold will really enjoy the reward that attache to those that plan well to bear the market before the end of December.
Well, it's not really a good idea to sell all of your altcoins just to make huge profits. I know bullish season is definitely a good time to sell but you must have also some reserves for the next trend as we are still uncertain when will this bearish season will finally hit the market. But once the bearish trend  will come, i have my ultimate plans and that is to buy more promising coins in the market and build up a  business offline so i can still diversify my investments. In times the crypto market seems not making good profits, at least i still have other source of income that i can rely.


Title: Re: My plans for the next bear market
Post by: smyslov on November 25, 2021, 01:42:08 PM
Be sure to check what coins or tokens are to be traded with USDT, not all coins/tokens are going down in the bear market and there are coins/tokens that are going against the flow, you have picked the right USDT to trade your Bitcoin and altcoins I also picked Tron's USDT whenever I want a USDT to trade my coins to protect my investment.


Title: Re: My plans for the next bear market
Post by: Xampeuu on November 25, 2021, 02:05:47 PM
I think that's the function of the USDT, which is to become a post when we wait until the market is worth buying according to our analysis. Even though it was previously reported that USDT was bad, we see that until now we still have good trust. So I think it's safe if we save USDT for a long time. but we have to remember where usdt is a stable coin, so that if we keep it for a long time then the nominal value of our assets will remain the same


Title: Re: My plans for the next bear market
Post by: carrigan on November 25, 2021, 02:19:53 PM
Plans deal with a bear market in much the same way as you discussed earlier. I think that USDT is not safe and transparent for the long term method, therefore it is better if USDT is applied for the short term only. Second, try to be smart and choose coins that are relatively stable or coins that can be used as short-term trading.Both steps sound easy and simple, but in practice they are difficult and sometimes complicated, so don't forget to thank them.


Title: Re: My plans for the next bear market
Post by: Woodie on November 25, 2021, 02:44:32 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings
Playing it safe i guess


Quote
buy back when bloodbath looks over
That's what we all wait for, buy low and sell high ;D


Main question about my plan is it safe or not keeping usdt for months?

I like your plan but if your portfolio includes ethereum based tokens does it make financial sense to move these erc 20 tokens around with the current high transaction fees we are seeing atm..I do not think so? Btw i had the same plans but I have been forced to become a hodler all because of the high fees which has made it to expensive to move these coins back and forth.

Quote
btw Im an old member that lost his account (was stolen)
If you have a signed message of this account somewhere on the forum , you could recover this account in question! See https://bitcointalk.org/index.php?topic=5089777.0 for guide, good luck.


Title: Re: My plans for the next bear market
Post by: Valak on December 11, 2021, 03:31:13 AM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)



Tether has been stable since its price was disclosed in Coinmarketcap in February 2015. The use of Tether has become popular with traders seeking a safe haven during bear markets. Tether makes it easy for traders to go back and forth to convert to fiat.


Title: Re: My plans for the next bear market
Post by: fadil46 on December 11, 2021, 04:51:15 AM
Tether has been stable since its price was disclosed in Coinmarketcap in February 2015. The use of Tether has become popular with traders seeking a safe haven during bear markets. Tether makes it easy for traders to go back and forth to convert to fiat.
Yes, but now there are many choices of coins that can secure temporary assets for back-and-forth conversion in the market, such as BUSD and others whose security is almost the same as using USDT or tether.


Title: Re: My plans for the next bear market
Post by: Digital_Lord on December 11, 2021, 07:16:41 AM
Bear markets mean nothing honestly. Markets including crypto are designed to go up because fiat is forever losing value.
 BTC is a long term savings bet, not a short term trading vehicle-in my opinion!. The market will come down to test the Previous low before resuming the uptrend after the retracement, and a higher low can only be confirmed once a higher high is seen, ie above 52k


Title: Re: My plans for the next bear market
Post by: ZeeeN on December 14, 2021, 10:54:03 PM
Bear markets mean nothing honestly. Markets including crypto are designed to go up because fiat is forever losing value.
 BTC is a long term savings bet, not a short term trading vehicle-in my opinion!. The market will come down to test the Previous low before resuming the uptrend after the retracement, and a higher low can only be confirmed once a higher high is seen, ie above 52k

btc drop form 65k to 45k in 1 month do you think this is bear trap or it lower before take new high?


Title: Re: My plans for the next bear market
Post by: Lanatsa on December 14, 2021, 11:43:44 PM
Bear markets mean nothing honestly. Markets including crypto are designed to go up because fiat is forever losing value.
 BTC is a long term savings bet, not a short term trading vehicle-in my opinion!. The market will come down to test the Previous low before resuming the uptrend after the retracement, and a higher low can only be confirmed once a higher high is seen, ie above 52k

btc drop form 65k to 45k in 1 month do you think this is bear trap or it lower before take new high?
Corrections I should say which is pretty normal for a market because we cant just be having 1 movement which is bullish.We would be having that consolidation out of a bull run and then make out some u turn because sell off do really happens.

This is why you should be wise on selling while you are in gains and buy when you do see cheaper coins or in price.

Only the wise and the skillful would able to sustain this very fierce market.


Title: Re: My plans for the next bear market
Post by: llecrf on December 15, 2021, 12:34:21 AM
If you store USDT on a Binance exchange or hardware wallet, I think it will be safe.
it's been 4 years i keep coins in usdt and other tokens in Myetherwallet, I have no problems, as long as you don't share your phrases and passwords with someone else, I think your account is safe


Title: Re: My plans for the next bear market
Post by: TheUltraElite on December 28, 2021, 10:45:31 AM
Tether has been stable since its price was disclosed in Coinmarketcap in February 2015. The use of Tether has become popular with traders seeking a safe haven during bear markets. Tether makes it easy for traders to go back and forth to convert to fiat.
The main job of tether for the average trader is a intermediary coin to hold and tide over another coin's movements while multiplying their own gain.

Say you want to buy ETH against BTC but it is a bull market and both prices are higher than normal: Sell bitcoin for USDT at high price and then hold that USDT because ETH price was high at that time - then wait till ETH prices to go bearish when you use the same amount of USDT to buy ETH, effectively multiplying the amount of ETH you get in return.

However, this means that one has to own BTC and USDT before the bear market starts, one cannot just enter the bear market and hope for similar gains.

btc drop form 65k to 45k in 1 month do you think this is bear trap or it lower before take new high?
You have to learn how to observe the changes in a chart to get a quick answer and not speculate over bear trap. The sell off was a sudden and not gradual hence my guess is that some big investor bailed hard. The rest was the market panic but not the initial process. After that the market is recovering so in my opinion it was not a bear trap. Again today the BTC price is at 49k, so there is some panic selling in the market happening.


Title: Re: My plans for the next bear market
Post by: abralzain17 on December 28, 2021, 02:08:15 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)




I think your plan to store the assets you have in stablecoins is a very good choice, besides being able to maintain the value of the assets you have for the next stage you can also hold some of your money.
most likely if you save in USDT it will keep your assets intact for years to come.


Title: Re: My plans for the next bear market
Post by: cvasy on December 28, 2021, 02:23:28 PM
I think your plan to store the assets you have in stablecoins is a very good choice, besides being able to maintain the value of the assets you have for the next stage you can also hold some of your money.
most likely if you save in USDT it will keep your assets intact for years to come.
Stablecoins are another option from fiat currency which can be used immediately when someone wants to trade or shop in any market, and it is only suitable for storage, not for profit when the market starts to improve, so this also needs to be implemented even if only just for a moment.


Title: Re: My plans for the next bear market
Post by: oemar bakrie on December 28, 2021, 04:57:09 PM
actually safe or not it depends on the current crypto market..
if I myself it's better to buy new tokens that will be listed on the market exchange..because later I can get more profits.
.otherwise I will still be in bitcoin assets because everything will return to normal even though now it is already at a safe point...


Title: Re: My plans for the next bear market
Post by: gurunanakji777 on December 28, 2021, 05:26:45 PM
The plan is not bad to keep money in the USDT but you never know when you will miss the train if the market behaves as per your thinking you can make money but only when you will buy the top high potential coins who are cheaper that can actually multiply your profit more than costlier coins but I usually don't sell my coins I believe in holding I don't take risk of converting and buy back.


Title: Re: My plans for the next bear market
Post by: Maidak on December 28, 2021, 05:46:29 PM
I think I will sell everything I have (btc and alts) in the end of december, to USDT.
1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings
Main question about my plan is it safe or not keeping usdt for months?

Your plan is partially ok, If you have enough money then invest in Bitcoin, at least 80% of it to invest in Bitcoin. If you already have Bitcoin then why you wanna sell it!! wise people never sell they always buy, Can't you see though the market pumps and dumps but the price of Bitcoin always goes up?? then why do you want to sell and want to convert your precious asset to shit?

If you think the market will wait for you for months and go to the moon after you buy?? it's hilarious, no one knows when the perfect time will come, so buy a spot and wait for the target.


Title: Re: My plans for the next bear market
Post by: Orange89 on December 29, 2021, 01:03:47 AM
USDT is definetly a safest and trusted currency despite so much rumours and market crash, USDT maintain its volume and stable price i think yes it may a good strategy but if you ask me ,I am holding most of my portfolio assest for long term and keeping my key safe it even doesn't impact me what's the price that's the mindset i follow


Title: Re: My plans for the next bear market
Post by: Hovarda on December 29, 2021, 05:49:08 AM
My primary plan is to be able to predict where the bear market begins and ends. Because that is the most important issue. It's really disappointing to see that a coin that you thought you bought at the lowest price went down to much lower prices. I don't want to experience this :)


Title: Re: My plans for the next bear market
Post by: abralzain17 on December 29, 2021, 06:22:00 PM
I think your plan to store the assets you have in stablecoins is a very good choice, besides being able to maintain the value of the assets you have for the next stage you can also hold some of your money.
most likely if you save in USDT it will keep your assets intact for years to come.
Stablecoins are another option from fiat currency which can be used immediately when someone wants to trade or shop in any market, and it is only suitable for storage, not for profit when the market starts to improve, so this also needs to be implemented even if only just for a moment.

I think what you say is very true if it is not suitable for profit on stablecoins like USDT.
many people use the option of holding USD only for the purpose of storing the value of the assets they have when market conditions are not favorable, by storing them in stablecoins their money is intact and they can reuse it when they want.


Title: Re: My plans for the next bear market
Post by: batang_bitcoin on December 29, 2021, 07:12:46 PM
My primary plan is to be able to predict where the bear market begins and ends.
We all want to predict when the bear and bull market begins, although it's really possible to be predicted but we don't know how exactly our predictions going to happen.

Because that is the most important issue. It's really disappointing to see that a coin that you thought you bought at the lowest price went down to much lower prices. I don't want to experience this :)
I feel you. When we've got too much faith to a project and then eventually it's not going up and it's only going down, that's really disappointing but can we do something about it? Yeah, if you still believe on that token, you should accumulate more and take the advantage of it.


Title: Re: My plans for the next bear market
Post by: isaac_clarke22 on December 29, 2021, 08:11:03 PM
~
Just put it in USDT and wait for newer opportunity to buy. It is just that simple actually and some people are just overcomplicating such simple things. However just don't take USDT as something that you should hold for a long time, due to it being frozen.
If you're still holding altcoins though, maybe consider selling now. There are always next time to buy, maybe not for the shitcoins out there.


Title: Re: My plans for the next bear market
Post by: Webetcoins on December 29, 2021, 08:14:35 PM
Main question about my plan is it safe or not keeping usdt for months?
Let me answer your main question first: Yeah, tether is a centralized cryptocurency which means it may get seized by government at any time for whatever reasons and most probable reason must be money laundering prevention. Hence, I will not advice anyone to go holding tether even for weeks.

I think I will sell everything I have (btc and alts) in the end of december, to USDT.
December is going to end in 3 days and for some countries, in just 2 days but we have not seen FOMO which must be the last phase of all bullish market hence if you book profits now in USDT then you might miss upcoming bull market. I guess you must wait 4 to 6 more months for FOMO and then you may decide.