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Author Topic: Do you have a escape plan?  (Read 434 times)
zhekinsp
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January 11, 2018, 08:48:49 AM
Last edit: January 11, 2018, 02:08:12 PM by zhekinsp
 #21

No,I don't have any because I invested the amount that can be affordable to lose for me.I invested on some altcoins too so it will give me good profits in the future if the bitcoin fails.But I have full trust on bitcoin and surely the price will get up soon.
For the people who think bitcoin will end up soon,get back to the history people talking like the same when the price was around $50 but now it climbed up to $15K.

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January 11, 2018, 09:06:43 AM
 #22

It’s possible. Thats why Im not investing all my money in bitcoin alone, as much as possible in different currencies.

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January 12, 2018, 03:33:37 AM
 #23

no, because before plunging into the world of crypto I have considered everything including loss and other risks
I am ready for everything that will happen, I just need to be careful to minimize all the risks that are not in want

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January 12, 2018, 03:41:52 AM
 #24

Have you ever considered getting out of bitcoin in case of, for whatever reason, flactuate or plummet?
Escape from Bitcoin means that escape from heaven. I don't know why people afraid about bitcoin after all that happen, people who takes hasty step to get out of bitcoin will regret it after bitcoin goes through all the obstacles. Bitcoin always passed all the obstacles. If people think that altcoin is better then why they are convert their profit from investing in altcoin into bitcoin?. We can't ignore that bitcoin is the king of cryptocurrency.
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January 12, 2018, 06:20:24 AM
 #25

Have you ever considered getting out of bitcoin in case of, for whatever reason, flactuate or plummet?

I have considered this matters. Well for me, since I only get bitcoin from my work here in this forum, I think the best escape for me is to find another kind of investment in real life. And I'm thinking about making a real life businesses from bitcoin profit, like making a net café, or a café, or a bakery.
But I doubt that bitcoin will crumble, as it is gain more stability right now, and more vendor or big company accept bitcoin (or cryptocurrency in general like Facebook's boss plan on joining Cryptocurrency world) although the price goes down a little recently.
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January 12, 2018, 06:50:22 AM
 #26

My escape plan is to divest into other coins which I have done during the past 18 months already, I have also cashed some of those additional profits out into FIAT and have invested them into some property. I still have some left in Bitcoin and other coins but I can bow say I have the house that crypto built. Alround very happy with the past 2 years.

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January 12, 2018, 07:08:09 AM
 #27

My escape plan is to divest into other coins which I have done during the past 18 months already, I have also cashed some of those additional profits out into FIAT and have invested them into some property. I still have some left in Bitcoin and other coins but I can bow say I have the house that crypto built. Alround very happy with the past 2 years.
Damn! Superb stuff man! Bitcoin helped you build your own house which is one of my dreams and I am confident that I can achieve what you have achieved in the near future. You made a smart move saving some bitcoins and other altcoins since I am confident that bitcoin will continue rising in value over time and might reach $40k by the end of this year.

Coming to the question posted by op, I don't have any particular escape plan if bitcoin falls. I am in this for the long run which is why I will be HODLING my coins for a long time until I can earn considerable profits.

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Kim Ji Won
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January 12, 2018, 07:17:42 AM
 #28

I did thought about it sometimes at my early stage in bitcoin career because I still don't fully trust cryptocurrencies back then and I really don't know much about it. So whenever I earned a decent amount of bitcoin, I always play it safe and withdraw some of it. But now, after some time in the forum, I've gained and learned a lot of knowledge about cryptos, so I'm pretty much confident in my bitcoin decision now.
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January 12, 2018, 07:20:09 AM
 #29

Of course.  Simply cash in and keep on strolling... whistlin' a song about change...

sent from my X6
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January 12, 2018, 06:45:37 PM
 #30

I had time to think so, but after I think again I undo the intention
where else can we get the money so easily, if not in bitcoin world, whereas before I was just a tailor indeterminate wages

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January 12, 2018, 07:06:19 PM
 #31

Yes,of course i do have escape plan.  But I've think not now because i'm still enjoying this moment with bitcoin.
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