This is what usually i prefer at the time of crash.
3)Hold On For Dear Life and that is what mentioned there. It really gives very good return in near future like 5-6 months. My client paid me $60 worth of Ethereum when Ethereum was of $200 and i just dumped it in coinbase , now it was 5X of that so really this works well.
Indeed. We don't have a choose do we? Hodling on for Dear life is the best way to describe what we are going in right now. But since most of us are here are literally bag holders, this is the best option left for us.
4)Exiting To Fiat Currencies
I don't know though if you guys are going to follow this strategy. But I'm not converting it to Fiat and re-investing it to something like precious stones (GOLD) or stock market. Would rather stay in crypto and wait for the long haul.
5)Shorting Bitcoin
I think this can be done successful. However, it has high risk for me. Plus the fact that I'm no expert trader, I would shy from this strategy. Again, those who are doing this knows very well how the market works and take advantage of the will price that we are seeing, buy at <$10K and sell it around $10100-$10300 quickly.