I know nobody can predict it but I am wondering if I should move my BTC into a stablecoin now in fear of losing more or if I will get angry when I lose the trading fees and then watch it go back up again. That happened to me b4 actually.
Also sidequestion what it the a cheap and fast way to move into a stablecoin that is supported on the Ledner nano S.
The decision is yours, but when I do advise people on things like this, I tell them to just make it 50:50 chances, I mean since we don’t know what will always happen about a certain cryptocurrency like bitcoin, we learn to just balance things so that whichever direction that bitcoin falls, it will favor us.
If you move your bitcoin now into stable coin, I mean all, you have only succeeded in safeguarding the dollar equivalent, but what of the cryptocurrency itself. Imagine that the value increase further, it means you may be buying the coin at higher price again, but if you had left your money, there is chanced that it will grow that time, but there is also chances that it could dip, but safeguarding this situation is easy, you just split the fund into two, one for the stable coin, and you leave the remaining one into the market for the second purpose.