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Author Topic: What to do with my crypto assets?  (Read 383 times)
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btcltcdigger
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March 30, 2020, 01:39:04 PM
 #41

Personally, i try to stockpile as much btc, eth and gold/silver.

I hold some alts, many good, many shit, but majority is in those 3 options above.

When the recession hits, USDT will still be worth $1, but ask yourself, how much will $1 be worth?
Don't get things mixed up, USDT will be worth $1 because it's a stable coin, the only reason why it's important to hold stable coin is to cut loses, Bitcoin and other coins will lose value and once this happened you can buy back with USDT which will give you more quantities of sats

I see you don't get my point. USDT will be worth $1, but the question is what will $1 be worth at the moment a crysis hits.

One american dollar represents a value measured in gold (atleast that's the general idea), and it can also collapse
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March 30, 2020, 02:17:56 PM
 #42

indeed the economy for now with the spread of the corona virus is increasingly making the economy deteriorate and even has a big effect on crypto. and many people have said to be prepared because the worst possibility of this virus is the global crisis. but the rise of bitcoin in the following year has already been said, so buying bitcoin and storing it until next year is the best step to keep bitcoin prices. buy a little at a time every day because it helps keep prices stable.

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March 30, 2020, 04:53:52 PM
 #43

Also faced in the current situation with a similar problem. If we consider your options for overcoming the problem, then I would divide all available assets by 33.3% and “process” each part according to your options. So it turns out even safer in my opinion.
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March 30, 2020, 05:05:54 PM
 #44

I prefer the 2nd option.
Put it all in BTC.
With this low price, you know where it is going next.
There is no doubt about that even with all the viral virus that is surrounding the world.
Soon, everything will be back to normal and I am guessing people will start to realize how much they need a digital currency on their smartphones.
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March 30, 2020, 05:11:02 PM
 #45

During this pandemic Digital money is the perfect solution - no touching, no transmission.
Digital currencies such as Tem which are actively in talks with governments to provide them with a national digital currency are going to come out of this stronger than ever.
TemTum is going $1+ when the economy settles and announcements about partnerships with governments are announced.
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March 30, 2020, 05:25:17 PM
 #46

I prefer the 2nd option.
Put it all in BTC.
With this low price, you know where it is going next.
There is no doubt about that even with all the viral virus that is surrounding the world.
Soon, everything will be back to normal and I am guessing people will start to realize how much they need a digital currency on their smartphones.
Good for people who can afford to wait and have good amount of money to invest but for someone who aren't sure it's best to keep doing good
research and understand everything before concluding and deciding.
Every decision are very important right now you shouldn't be careless or you'll lose everything.

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March 30, 2020, 05:39:34 PM
 #47

- Hold all coins & consider to buy more (high risks but potential for bigger profits once market rises)
I think , this option is better if you analysis the current market and just make a prediction for the future as well as it's have high risk. But you should not panic and be patience.Only last and most important things to remember, "We should do our own homework to make good profits , not depends on other homeworks".  Cheesy Grin

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March 30, 2020, 08:23:46 PM
 #48

Check out TemTum, in talks with countries to provide them with a stable digital national currency.
Official announcements to follow in the next few months
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March 30, 2020, 09:21:32 PM
 #49

Better is hodl everything what you have, you prevent possible loss that could come with with unexpected growth and buy more if crypto continue falling down.  Cool Remember 1 BTC was, is and will be 1BTC.  Wink

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March 30, 2020, 09:42:44 PM
 #50

If there's no way you can possibly withdraw all of your assets to some fiat currency like USD, then I suppose USDT would be an okay alternative; Tether's got a pretty rocky history and I don't like it personally, but it's held up so far and people still seem to trust in it. The coin also hasn't fluctuated too significantly from its target price of $1 to date yet (though it has on a few occasions), though there's no telling if it'll stay like this.

If you're already nervous about the markets, it's not a good idea to stack on even more risk for a reward that you might not even see, which is why I'd eliminate option 3 from your decisionmaking. The other two are completely up to you.
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March 30, 2020, 09:58:21 PM
 #51

I prefer to divide it by a certain percentage, of course, the most dominant is the second way, for example, 50% hold BTC, 25% for other potential altcoins, and the rest as a reserve if there is an emergency need, moreover we are in a crisis. We also need to prepare funds for sudden needs. The most important thing is that we know the proportion of needs and which should be prioritized. If it's profit, you have to be thankful, if you lose, look for another opportunity. It's actually simple, minimizing expectations and not being greedy.

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March 30, 2020, 10:08:25 PM
 #52

I think that the best strategy is holding and waiting for news. If you are afraid to lose your assets, you should to convert it in USDT, I`m sure it`s not the lowest price what we will see, so you will have time to buy your favorite crypto again
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March 30, 2020, 11:08:36 PM
 #53

Guys, I have read all your replies, I'm quite surprised that many people involved. Thank you so much.  Wink
According to your replies, most of you suggest choosing option 2 and 3. Option 1 is still not needed since we are still in good progress of market improvement. Moreover, USDT won't gain big profits in the future. I can say that I agree with that, so I assume to hold and plan to buy more with my extra funds if it seems at a good time to pick new assets. Once again, thanks for your suggestion, guys. <I'll lock this thread>

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Guys, please don't quote all the body of the thread. It is not needed and only makes your reply looks bad. <Don't do it again in the next occassion>

R


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