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Author Topic: During a bull market, cash out in what?  (Read 479 times)
sujonali1819
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May 12, 2020, 03:57:20 PM
 #21

I have made a lot of mistakes in the last 2017 bull run. why I have lost almost of my portfolio. But if I will see again the bull run in the near future then I will convert mostly in a stable coin like usdt, or other stable coins. And the very little amount will hold in BTC only for trading. After that, I will start to cash out from a stable coin slowly also start to do real-life investment.

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May 12, 2020, 04:03:53 PM
 #22

Why not take advantage of the Bull market to convert into Fiat then buy more when there's a bearish market? What I want to say is that you could take the time to learn about hedging and maybe you could profit more than you should. Try it, message me if you want to automate that with Gunbot. That's just my take and what I do too.

You can consider investing continuously even if there's a bullish market. Compounding interest is good, imo.

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May 12, 2020, 04:39:10 PM
 #23

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?

When bitcoin price can increase so high, I think it is better to cash out for more than 75% of our portfolio and leave some bitcoin in our wallet for the next pump. We can sell it in the stable coin, so when the bitcoin price down, that will be the opportunity for us to buy more bitcoin, and I am sure that we can have more bitcoin than before. But if the price cannot go down, I think we can wait for a while because the bitcoin price will always fluctuate. It is not a problem if you want to cash out all in fiat and send it to your bank account if you run out of money to buy your daily needs.

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May 12, 2020, 04:43:23 PM
 #24

~snip~
You can consider investing continuously even if there's a bullish market. Compounding interest is good, imo.
^ Definitely right, in this time of pandemic and economic recession I think there will be no best option since the market is not stable either in cryptocurrency or with fiat money they will give no guarantee for your assets as anytime either of them may crash and will leave you nothing if you will just choose one. It will be best if you will part your assets in all your options to secure some of it if one will really crash. But in my opinion, if I need to choose one or I need to save a higher percentage of my saving to one of these options then it will be better to be with Bitcoin for Bitcoin's has proven us it's the capability to cope up easily on times of crisis.
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May 12, 2020, 05:57:05 PM
 #25

In cases like this, I won't cash out all in fiat neither will I hold all in Bitcoin; the option for me is, splitting it 30/70, 30% to fiat and 70% to cryptocurrencies. Out of the portion of cryptocurrencies, a huge allocation will go to Bitcoin, followed by USDT while the rest would be for other potential altcoins of which the first will be ETH. Although the crypto space is unpredictable but yet I find it more better holding good coins than holding all in fiat, even with the fiat, I can still buy more Bitcoin at the right time.

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May 12, 2020, 06:57:11 PM
Last edit: May 12, 2020, 07:18:04 PM by TheGreatPython
 #26

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 agree that with upcoming bull run, many people here will think about retiring early but I am sure no one will take the blender decision of cashing out all their cryptos. If you really believe into bitcoins then you must wait for the day when you will be able to lead a life only wait bitcoins. If you try to cash out all your bitcoins then you may get trapped with life's essential expenses as you cannot how cruelly inflation may grow everywhere.

Honestly if I get chances to get big money in upcoming bull run or with the next one which might happen after the next halving (the fourth one), then I will start a local business and will slowly cashout bitcoins for based on my next-next targets. I am one the true believer of crypto currencies with long term target for bitcoin at one billion dollars.

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May 12, 2020, 07:19:49 PM
 #27

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 agree that with upcoming bull run, many people here will think about retiring early but I am sure no one will take the blender decision of cashing out all their cryptos. If you really believe into bitcoins then you must wait for the day when you will be able to lead a life only wait bitcoins. If you try to cash out all your bitcoins then you may get trapped with life's essential expenses as you cannot how cruelly inflation may grow everywhere.

I'm also thinking about inflation and what might bitcoin will be. But I will still be putting my money to stablecoin and wait for the bear market to be over again. I've also made a lot of mistakes since 2017 I do not wish to commit that same mistake over again. I  think a lot of us did regret what they didn't do and what they did as well.

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May 12, 2020, 08:17:23 PM
 #28

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?

It'd rather depend more on the fact whether you'll continue using the cryptocurrencies or not. If yes, keeping some coins with you won't harm your portfolio if you want it as a moment to be remembered forever. If you need just pure profits out of BTC, you may just sell everything immediately and sit back, relax and enjoy your retirement.

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May 12, 2020, 08:19:54 PM
 #29

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?

Since the amount you mentioned will be very high, it is not possible to transfer this money to a bank account at once. For this reason, if such a situation occurs, there are only 2 possibilities;
- By switching to stable cryptocurrencies, the USD value of the current currency is stored steadily. As needed, piecemeal is converted into fiat money.
- Money is stored as bitcoin, its value becomes variable with possible market movements. As needed, piecemeal is converted into fiat money.

It is very important to carefully return to fiat money in both methods.
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May 12, 2020, 09:43:33 PM
 #30

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 actually secured my capital and leave the rest.
I have some learning in the past Bullrun, I keep very optimistic that time thinking that the market will continue to be in bullish and I didn't do anything, no cashout, no withdrawals...but that was before and I need to be smart now and I'll take advantage in every rise and profit I have. Now, I usually do some cashouts because I'm afraid if I lost such an opportunity again. 
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May 12, 2020, 10:03:46 PM
 #31

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 actually secured my capital and leave the rest.
I have some learning in the past Bullrun, I keep very optimistic that time thinking that the market will continue to be in bullish and I didn't do anything, no cashout, no withdrawals...but that was before and I need to be smart now and I'll take advantage in every rise and profit I have. Now, I usually do some cashouts because I'm afraid if I lost such an opportunity again. 
We should be wiser now so we will not make regrets again. If this will happen in the next bull market, i will choose to make some cashouts too and balance my portfolio with cash and bitcoin. I should be very smart now and seize all the chances that will contribute more to my profits and earnings.

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May 12, 2020, 10:08:23 PM
 #32

In cases like this, I won't cash out all in fiat neither will I hold all in Bitcoin; the option for me is, splitting it 30/70, 30% to fiat and 70% to cryptocurrencies. Out of the portion of cryptocurrencies, a huge allocation will go to Bitcoin, followed by USDT while the rest would be for other potential altcoins of which the first will be ETH. Although the crypto space is unpredictable but yet I find it more better holding good coins than holding all in fiat, even with the fiat, I can still buy more Bitcoin at the right time.

Probably one of the best posts here, diversify whenever you have a chance! Never sell all, keep some in case your asset continue to rise! If your asset made a nice rise, don't keep all, sooner or later market will get in correction faze! Now we can discuss fiat/crypto diversification, I am always in favor of crypto, it's better to have more crypto than fiat! But in case your asset made incredible rise and you have a bag you can think about some serious investments like in some real-estates! Maybe gold bars, just in case! Diversify, and in more things you have your fingers more safe you are, if one fail you have other, if other fail it's better to have third option and so on..

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May 12, 2020, 10:09:03 PM
 #33

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?

Believe me, if i get that amount of cash out from profits and that huge, i am withdrawing over 85% in fiats and investing in gold and other offline stuffs.

The remaining 15% will be shuffled around new crypto investment
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May 12, 2020, 10:20:03 PM
 #34

Do people cash out in bitcoin in bullrun? cause I dont understand that option. If altcoin rally followup the bitcoin rally like we had in the last bull market, their might be different position but the sentiment around bitcoin is really killing the altcoin market so bad. For those with access to other fiat asides Euro, pounds and dollar (with reliable value), stable coin will still be a better position after the bull market than fiat.

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Oceat
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May 12, 2020, 11:22:03 PM
 #35

I would say there's no such thing as secured future even if you do have a lot of money. It's still better to invest in the future or a long term investment so basically I would like to reinvest most of my money while taking what is important in case you need it for an emergency. Always make a back up plan for everything because you can't be so sure what awaits us in the future.

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May 12, 2020, 11:33:29 PM
 #36

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?

Wow, that quite a huge amount you fantasized here buddy. Well, you saying the finamcial life will be securr foreever means the worth will be between thousands of million dollars to almost a billion dollars. I will buy so much bitcoin that if it should ever increase or double in the next couple of years, i'd make it to forbes list

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May 13, 2020, 03:47:12 AM
 #37

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?
If that happens to me.

I will use the fundamentals of dividing my portfolio. I will restructure it on how I will become more effective in earning a passive income. Division of asset is good when you are financially free.

I don't want to focus on one asset rather I move my bitcoins in areas which I know I can earn more like real estate, putting up business and moving in stocks or forex. However, I would not let all of my asset goes from that because I will leave also a part from bitcoin and stablecoins. That's how I will do if I become profitable during bull run season.

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May 13, 2020, 04:36:59 AM
 #38

Has anyone used indicator script from tradest.io? ​ I’m looking someone who can tell is it really that accurate.
Mrengage
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May 13, 2020, 05:01:48 AM
 #39

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?

Very smart choices to make here, assume the next bill should be tomorrow or next, I will advice to cash out part in bitcoin because no matter how down bitcoin goes it will surely come up. Now why I suggested to cash out part in bitcoin is because bitcoin is number 1 Crypto and it's the king of all other cryptocurrencies in the market which it's a real time investment.

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May 13, 2020, 05:03:14 AM
 #40

In the next bull run, when I make a portfolio gokd enough to make me financially secured, I will cash out in Fiat money good enough to establish my offline pp project that brings passive investment, buy real estate and have agent manage them for me. Place workers on my offline investment, while I manage the activities of the business from my room. I personally will face trading and specialize on it. Last bullrun taught me a hard lesson.

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