During a bull market, cash out in what?

[Ridwan Fauzi]

As far as I know, there is no difference between money fiat and stable coin, both of them are exactly same. And just wondering, Am I wrong to understand your question? I mean your question is something that shouldn't be questioned. Because during the bull run, between some option that you offered there will just one answer and for myself will choose bitcoin and even most user in this forum will choose bitcoin as well.

I'll be there is no one who will choose a stable coin and money fiat as their holding place, the reason is simple you won't get any profit when you hold a stable coin (all stable coin) or money fiat and it will be useless. Unless your intention is to keep your money and you didn't have any intention to make a profit from then you deserve to choose stable coin.

[Finestream]

I'll probably cash it out with fiat and then reinvesting when the market dump again.

I've learned my lesson in the past, we can't be too greedy if we want to earn and enjoy the bull run. Because I was greedy last bull run, I wasn't able to maximize my income which I regret and have move on already and i know I'll do better when the next bull run will come.

[quality.crypto]

I'll probably cash it out with fiat and then reinvesting when the market dump again.

I've learned my lesson in the past, we can't be too greedy if we want to earn and enjoy the bull run. Because I was greedy last bull run, I wasn't able to maximize my income which I regret and have move on already and i know I'll do better when the next bull run will come.

The same thing happened to me, which I was very greedy during the last bull. During the next, I will convert my asset into fiat currency because there is a huge chance of losing if we hold them in Bit Coin or Ethereum. This time we should, it wisely otherwise we will be losing value again if we repeat the same mistake again.

[bittraffic]

I'll probably cash it out with fiat and then reinvesting when the market dump again.

I've learned my lesson in the past, we can't be too greedy if we want to earn and enjoy the bull run. Because I was greedy last bull run, I wasn't able to maximize my income which I regret and have move on already and i know I'll do better when the next bull run will come.

The same thing happened to me, which I was very greedy during the last bull. During the next, I will convert my asset into fiat currency because there is a huge chance of losing if we hold them in Bit Coin or Ethereum. This time we should, it wisely otherwise we will be losing value again if we repeat the same mistake again.

Those who learned what happened since last 2017 will probably turn their assets to stablecoin and wait till there will be bear market.  ITs the bear market that will make them richer as they figured it out already.

The one thing that they might have to consider this time is that the adoption is going to make BTC more stable in the future so if the price doesn't go down as they may expect, they'd be losing the opportunity.

AS for me, I might just hold the coins I have and cash out the only passive income I get from the project I have invested.

[deisik]

I'll probably cash it out with fiat and then reinvesting when the market dump again.

I've learned my lesson in the past, we can't be too greedy if we want to earn and enjoy the bull run. Because I was greedy last bull run, I wasn't able to maximize my income which I regret and have move on already and i know I'll do better when the next bull run will come.

The same thing happened to me, which I was very greedy during the last bull. During the next, I will convert my asset into fiat currency because there is a huge chance of losing if we hold them in Bit Coin or Ethereum. This time we should, it wisely otherwise we will be losing value again if we repeat the same mistake again.

Those who learned what happened since last 2017 will probably turn their assets to stablecoin and wait till there will be bear market.  ITs the bear market that will make them richer as they figured it out already

Stablecoins are a hell of a lot riskier than cryptocurrencies

To be clear, I mean top cryptocurrencies (read, Bitcoin, the one and only). If you choose a centralized stablecoin, e.g. Tether, you bear a systemic risk of a catastrophic failure of a single entity (company) behind it. With decentralized stablecoins things get even more complicated and tricky. All in all, you either have to cash out and withdraw to your bank account or use a cryptocurrency hedge. The latter is the best option overall if you ask me, though properly implementing this approach requires time, effort, and, most of all, understanding of how things work there

[TheGreatPython]

Let's assume that in the next bull market the portfolio is worth so much that you would have been financially secure for the rest of your life. How would you restructure your portfolio to ensure its value? Cash all out in Fiat, Stablecoins, all or part of it in Bitcoin?

Stablecoins are here for the same purpose you have mentioned like when you are reaching your target price levels then you can lock your profits into stablecoins given that you are expecting the end of bull run. At the same time I am still afraid of making use of stablecoins. Because they are centralized corporate coins and anything may happen with them like freezing out funds may happen. As of now, caching out into our local fiats must be more safer than using stablecoins.

I believe that the upcoming bull market may not make my life settled still I will try to cash out some big percentage of my bitcoin holding so that I will buy back when bitcoin prices coming down. Like anyone here, it will be difficult for me to exactly predict the new ATH still approximately doing something may end up doubling my bitcoins.

But I would say cashing out to fiat is a bit more secure, if you cash out to usdt or any other stablecoin there is still a risk, your money still be gone. Not just that it could be hacked or anything which is a viable threat actually, but also tether could come out tomorrow and say they are gone and exit scam and you will be left hanging with worthless tokens. Hence the perfect way to fully cash out is to cash out to fiat itself.

It is not something we would want, I want to stay at bitcoin no matter what happens, I want to stay here when the price is 3k and I want to stay here when its 20k, but if I really want to cash out I will use fiat itself instead of something that represents fiat. Or maybe that's just me, maybe I am being a bit too paranoid about it who knows.

[ScamViruS]

Let's assume that in the next bull market the portfolio is worth so much that you would have been financially secure for the rest of your life. How would you restructure your portfolio to ensure its value? Cash all out in Fiat, Stablecoins, all or part of it in Bitcoin?

I will convert 50% to stablecoin, to buy more bitcoin later. I will convert my 50% bitcoin into local currency, to do business and if I can make profit from business, I will buy bitcoin again with profit. Because another situation will create after the bull market, those who have seen the bull market know how the market is dumped again after the bull market. So I always want to increase my bitcoin. The best way to do this is to sell at the bull market and wait until the next opportunity.