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Author Topic: What will be the alternate plan - second option  (Read 427 times)
MWesterweele
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November 21, 2019, 12:36:14 PM
 #21

In my case, I haven't invested in some other altcoins. Its mostly of bitcoin where I put my fund into. If ever there are changes or unexpected downfall my alternate plan is to sell it for a little loss. And probably do my regular job as usual. Having some other coins or altcoins other than btc for me is not so preferrable. I believe if bitcoin will falldown, all other altcoins will be the same as well.
Having a loss cannot be preventable,  we just only need to expect for the worst thing to happen, as much as possible be careful on trading and also if you dont have a lot of patience do not go for  a long term investment if your capital has an interest already move forward and sell it.

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November 21, 2019, 12:41:43 PM
 #22

Investors are expecting a huge pump of the market by this coming year 2020 and maybe because of the upcoming halving. And we all know that the price could jump since mining will be hard and reward will halve. That's why more people are motivated to buy and HODL since they are predicting what will happen next year.

But still a good opportunity to take advantage of the crisis of the market, And we really don't know what will happen in the future but still a good strategy for me. The cryptocurrency market is very volatile and unpredictable.
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November 21, 2019, 02:02:12 PM
 #23

There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
using coin stables might be the safest option. but we can not expect the profit we get will be large, maybe I think now we can do a buying technique and when prices are high sell like trading to maximize profits and if any situation like that will happen and at least we are ready and get a profit .

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November 21, 2019, 02:10:45 PM
 #24

Yes, have the same idea. Stable coins is the savior.
But I doubt that will happen.
Those analysts that you say is just spreading FUD for themselves.
Once we all dump our bitcoins then they will be the one on the buying mode.
Afterwards we will be left with an expensive bitcoin in just a manner of time. So, better just HODL it. I dont think I will be that selling type specially now.
I rotted my bitcoins for something better.

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November 21, 2019, 02:22:22 PM
 #25


If all moves to the opposite direction which most probably the rest including the stablecoin's value, I'd try checking the market which coin had already taken a nose dive to buy so far I'm looking at ADA and TRX. I'd try buying them for the sake of gaining when the price goes up and then move to BTC again once I profit a bit. Everything seem volatile really and everyone is also accumulating.
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November 21, 2019, 02:32:03 PM
 #26

No more alternate plan for me. This is already the alternate plan. There is no more plan B because this is already the plan B. Crypto has been my alternate and plan B and I am sticking to it no matter what. Long bearish seasons? No problem at all. The bears are my friends already. Let them come, I will enjoy playing with them while they last because sooner or later they will also be gone.

There is a Plan C for you, it is called being a WalMart Greeter 🤣🤣🤣

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November 21, 2019, 02:34:51 PM
 #27


Once we all dump our bitcoins then they will be the one on the buying mode.
Afterwards we will be left with an expensive bitcoin in just a manner of time. So, better just HODL it. I dont think I will be that selling type specially now.
I rotted my bitcoins for something better.

REALLY BAD ASSUMPTION:   Many times when everyone sells, it results in a price collapse and the asset reverts to its intrinsic value.  Which in the case of Bitcoin is near zero.

I wonder how far it has to fall before people here start to figure it out Huh

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November 21, 2019, 02:44:58 PM
 #28

I also believe that BTC would go up next year so that is why I am trying to accumulate as much as I can.
But if the price goes down I think I would just try to keep some of it in BTC and alts then the rest would be an investment for a small business.

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November 21, 2019, 02:51:47 PM
 #29

I personally not so anxious although the 2020 market does't match expectations or predictions ,its quite normal and still remains relaxed I am very sure the market will return to be profitable for us so don't worry and panic well hodl maybe the only way rather than having to invest in stablecoin ,I think can not grow if there is an impromptu pump in stablecoin
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November 21, 2019, 04:56:03 PM
 #30

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.
I am not thinking about an alternative plan right now, even today the market is going down and many whales are shorting the market, no idea what makes them do those but the market is bleeding badly in the past few days and i am confused when these bleeding will end, there is no guarantee that the price would rally after the halving but these are mere expectation considering the past performance, one thing is certain, i will never sell bitcoin at a loss.

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November 21, 2019, 05:18:27 PM
 #31

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.
I am not thinking about an alternative plan right now, even today the market is going down and many whales are shorting the market, no idea what makes them do those but the market is bleeding badly in the past few days and i am confused when these bleeding will end, there is no guarantee that the price would rally after the halving but these are mere expectation considering the past performance, one thing is certain, i will never sell bitcoin at a loss.
Of course, the cryptocurrency market will be in poor condition and I did not expect anything else.  The fact is that more than 80% of all cryptocurrencies in the cryptocurrency market do not have real benefits for society and investors are wasting their money on nothing.  Each investor, having failed, loses money or leaves the cryptocurrency market.  It seems to me that the situation will change for the better only when there are only those cryptocurrencies on the cryptocurrency market that will be in demand in society and will really be used by humanity in practice.

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November 21, 2019, 05:27:24 PM
 #32

I also believe that BTC would go up next year so that is why I am trying to accumulate as much as I can.
But if the price goes down I think I would just try to keep some of it in BTC and alts then the rest would be an investment for a small business.
The price is down and I think it would be better to buy now during this dip because it is so rare to see bitcoin dropped at $7k. The stable price of $10k was gone and it was only good last month but today we will be facing drop of the usual thing of cryptocurrency market.

 
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November 21, 2019, 05:34:16 PM
 #33

comparisons and price predictions
Which at the end of the day don't work, as we've seen countless of times now. I remember some people saying that sub 10k was no more, this was back in October when we saw that massive spike in the price...Look at us now, 7.5k and no signs of stopping.

What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.
My plan B is to keep believing in plan A: Hodl my small btc stash  until I reach the price target at which I feel comfortable selling. Remember that one of the most effective ways to minimize your losses is to not join the weak hands-panic sellers and dump your coins.

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November 21, 2019, 10:54:34 PM
 #34

I am not thinking about an alternative plan right now, even today the market is going down and many whales are shorting the market, no idea what makes them do those but the market is bleeding badly in the past few days and i am confused when these bleeding will end, there is no guarantee that the price would rally after the halving but these are mere expectation considering the past performance, one thing is certain, i will never sell bitcoin at a loss.
Me too. Because many things are unthinkable, for now, I just wait and see, despite high hopes for a high bounce next year. I will only enter the market again to play big capital if the signs start to appear, although a little late it is not an important issue that I can still make a profit.
For some people who are mentally strong and have been trained at this dynamic price, they will definitely choose hold, because they are sure, whether next year or the following years there will definitely be an interesting surprise.


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November 21, 2019, 11:05:44 PM
 #35

Stable coins occupy a very important place among altcoins. I often use them. I believe that this is the best way to keep your funds in the portfolio, without losing anything due to the depreciation.

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November 22, 2019, 01:24:58 AM
 #36

I think if the market stay as it is, we will dont have a choice but to put it into major asset like btc, eth or any other with huge market cap. New projects cannot sustain if this will continue and will lose the demand for their platform. Also some country like China pushing to build their own empire on cryptocurrency which will be another competitors for the pioneered coins. My plan is to hold first, then check later what will be a good option.

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christian07
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November 22, 2019, 01:45:25 AM
 #37

Yes the market here in crypto is very unpredictable still we can do use to buy then just hold some of this like affordable for an investment so there's a way always in every situation here even this is really hard to do then about stable coins then i think this is really have worth like this brings so much convenience so we can use this really if market drops and drops

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November 22, 2019, 01:52:40 AM
 #38

I personally not so anxious although the 2020 market does't match expectations or predictions ,its quite normal and still remains relaxed I am very sure the market will return to be profitable for us so don't worry and panic well hodl maybe the only way rather than having to invest in stablecoin ,I think can not grow if there is an impromptu pump in stablecoin
Stablecoin was created based on the price of USD, so the price will remain stable even though the crypto market is not good. Investing in Stablecoin does have a slight profit, but stable coins will save your assets when the market doesn't improve like this. Most people move their assets to stable coins so prices remain stable, to avoid market volatility.

 
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NathanJB
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November 22, 2019, 02:00:00 AM
 #39

I personally not so anxious although the 2020 market does't match expectations or predictions ,its quite normal and still remains relaxed I am very sure the market will return to be profitable for us so don't worry and panic well hodl maybe the only way rather than having to invest in stablecoin ,I think can not grow if there is an impromptu pump in stablecoin
Stablecoin was created based on the price of USD, so the price will remain stable even though the crypto market is not good. Investing in Stablecoin does have a slight profit, but stable coins will save your assets when the market doesn't improve like this. Most people move their assets to stable coins so prices remain stable, to avoid market volatility.

This is the strategy of many traders or even coin owners who are already confused as to where the movements of the prices are directed next. If you do not know the next probable direction of your coins or the market's prices, it is better to have your portfolio on Stablecoins. But you also need to make sure that there will be no sudden pumps that are expected to happen or else you might just miss them. This is the price for choosing Stablecoins instead of just HODLing.
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November 22, 2019, 02:11:22 AM
 #40

Stable coins occupy a very important place among altcoins. I often use them. I believe that this is the best way to keep your funds in the portfolio, without losing anything due to the depreciation.

When you have a profit after trading I think this option is good, buy stable coins to avoid losses.
but stable coins don't have high prices even though the price of BTC goes up, I think trading and holding the top coins to get profit is the right thing to do

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