My plans for the next bear market

[dvndr007]

I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)

It's safe risk is minimal to have USDT then any other coin because of its stability.

else is your choice how you want to play with your money.
 

[nimogsm]

I don't see any problem to freely store your usdt in the future after the sale of all the alts.In addition, you can put them at interest while you are inactive for several months.You won't earn much, but it will be better than they will just lie idle.At the moment, almost all top exchanges have different offers for investment, so this will not be a problem.

[Koro-Sensei]

I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)

Well it sounds a very concrete plan you have been there buddy. However, I think bull market will continue up until Feb and selling by December would be a loss. Bull run has started ready and I dont see it stop til the next 3 months. Sorry for the loss of your account by the way. Hope you could bring it back again.

[aseprebel]

I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)

i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.

[ScamViruS]

i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.

Stable coins can save you from incurring huge losses as their price does not change in the market. But to find the right time to convert your other assets to stable coins, a trader needs to know enough about the market. If you have enough stable coin reserves in the Bear Market, you can prepare for the next bull run. So it is very important to get out of the market at the right time.

[riskarcher]

i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.

Stable coins can save you from incurring huge losses as their price does not change in the market. But to find the right time to convert your other assets to stable coins, a trader needs to know enough about the market. If you have enough stable coin reserves in the Bear Market, you can prepare for the next bull run. So it is very important to get out of the market at the right time.

People who already have a plan and know the capacity of their ability to make choices, they are already one step ahead for the next bull run. The right choice is choosing USDT as the safest option in securing your finances. bear market will always be there but how do we control our emotions in that situation

[isaac_clarke22]

~

Careful in holding stablecoins. You are surely aware that stablecoins are possible to be frozen, even in your own wallet right? You never wanted that to happen to  you, aside from getting your funds frozen inside an exchange. I know someone mentioned below you that it is still safe, but it would be safer than sorry scenario for me though.

[bastian466]

I have done such a plan, maybe what I did was too early to sell all the assets I had, but this was a decision that was already in the strategy, now just waiting for the bears to come and wait for the market to fall very deep. Saving in usdt is safe in my opinion and usually when altcoin goes down then usdt goes up it can increase the value of the asset but now i save it in fiat currency first

[herurist]

Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.

December is always the most controversial month for crypto, most people are waiting for this month because they think that BTC and all cryptocurrencies can go up to new levels, however it is very possible that it will happen, but when you see how the price is currently it is + $ 60k I think that there must be a quite natural correction, and it has not been presented yet, it is possible that at any moment it will arrive, but very few people are waiting for this retracement, most of them expect more rise in the price of BTC and generally the market always does the opposite of what the masses think.

like you said. If you look at this now, there should be a correction that really needs to happen for the next spike.
but i haven't seen it happen normally and by december there's actually still a few weeks to go.
and we can only hope for the best and see how things turn out in the months ahead.
whether everyone's speculation will be true this month or just wishful thinking.

[teosanru]

I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)

I don't think this is a wise idea, how do you predict which blood bath is the last blood bath? Unless you have some holy grail it's impossible to predict the last ultimate bloodbath, better strategy is to buy in lots, buy a certain percentage in every blood bath you see, let's say the price of BTC falls to 50k, you fill your bags by 20% then when it falls to 40k you buy another 20% this way you will be able to average your whole portfolio at a good price and will not miss on any opportunity, otherwise, if you keep on waiting for another dump and market rebounds from that point, you will be losing a big opportunity.

[ScamViruS]

i think USDT is seen as a rare safe haven asset in a famously volatile asset class. When the price of a digital asset crashes, traders may choose to move their position to tether quickly in an effort to minimise potential losses,so as long as you hold it for a long time, I think it's safe.

Stable coins can save you from incurring huge losses as their price does not change in the market. But to find the right time to convert your other assets to stable coins, a trader needs to know enough about the market. If you have enough stable coin reserves in the Bear Market, you can prepare for the next bull run. So it is very important to get out of the market at the right time.

People who already have a plan and know the capacity of their ability to make choices, they are already one step ahead for the next bull run. The right choice is choosing USDT as the safest option in securing your finances. bear market will always be there but how do we control our emotions in that situation

I agree with you. When USDT is in a trader's wallet, he can keep himself safe and make the right decision, taking advantage of the market. No one has any idea how long the current trend in the market will continue. From my own experience, only those traders in the bear market can take the opportunity who can make the right decision during the bull market.

[7788bitcoin]

Majority here are confident that USDT will be safe heaven for long term holding, i have a different opinion regarding this. I would convert my profit in fiat currency and there are multiple exchanges that allow you to store the coins in fiat and i would choose those and i do not trust holding USDT and knowing its history and the troubles it will face legally, i would advice everyone to stay away from them.

[dupee419]

Majority here are confident that USDT will be safe heaven for long term holding, i have a different opinion regarding this. I would convert my profit in fiat currency and there are multiple exchanges that allow you to store the coins in fiat and i would choose those and i do not trust holding USDT and knowing its history and the troubles it will face legally, i would advice everyone to stay away from them.

Go ahead and convert it into another stablecoin than USDT then, the bear market isn't gonna stay for long and recovery is definitely there after the bear market, either convert all of your current holdings or just simply hold it until the next bull season, that doesn't seem to be hard and to be honest it contains less risk than the other options mentioned by the OP and the other replies above.

[btcltcdigger]

I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)

Well, if you're really an old member, you'd know better than what you're saying here.
Newsflash, this is what most people are gonna do, but questions is, how do you know it's best to sell at end of december?

[cute nmp]

Great idea to avoid loosing money  during the bear market. We recently reached an alll time high and currently I am curious to know whether we may be heading into the bear market soon,don't want to sell my assets quickly now to avoid regrets so I wait and see what happens next before making any move with my money.

[Brus123]

Main question about my plan is it safe or not keeping usdt for months?

USDT is the most popular option. First of all, it has the biggest trading volume from all stable coins so it is very liquid. Secondly, it has the biggest number of pairs on different exchanges so you can freely change it without long-long routes. I also accumulate exactly USDT when I quit for the time of bear market so as to enlarge my portfolio on the dip. But if you need to hold a big sum of money, you should consider creating a basket of different stable coins.

[OrangeII]

Well, if you're really an old member, you'd know better than what you're saying here.
Newsflash, this is what most people are gonna do, but questions is, how do you know it's best to sell at end of december?

Well, everyone does have a very good plan sometimes. however, it is very difficult to determine the time to implement it. It's great to have a plan like, when the price starts to drop, we'll sell the asset into a stable form of coins, then buy more coins when the price drops deeper. well, it's just that, when it really happens, doubt will enter your heart, and make you hesitate in making that decision. yeah, it happens to me often.
anyway, it's a good plan if it works.

[ahoenk]

I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)

First of all, thats good strategy but who knows when it will goibg down or up ? I know there is the golden cycle and crypto winter just like 2014 and 2018 bit the exact time is not known, only whale knows it. My strategy is i will cash out when this bull cycle is end hopefully i am right and can decide when to enter again.

[velive08]

I think I will sell everything I have (btc and alts) in the end of december, to USDT.

1) transfer it (usdt) on Tron on my ledger
2) Wait months
3) Wait again
4) buy back when bloodbath looks over
5) triple my holdings

Main question about my plan is it safe or not keeping usdt for months?

TIA

btw Im an old member that lost his account (was stolen)

when compared to storing other cryptocurrencies, it is safer to store stablecoins such as USD, I think, but for the development of BTC and Altcoins next year it seems there is still an increase, I think it's a shame if you sell all the assets you have.

[LUCKMCFLY]

Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.

December is always the most controversial month for crypto, most people are waiting for this month because they think that BTC and all cryptocurrencies can go up to new levels, however it is very possible that it will happen, but when you see how the price is currently it is + $ 60k I think that there must be a quite natural correction, and it has not been presented yet, it is possible that at any moment it will arrive, but very few people are waiting for this retracement, most of them expect more rise in the price of BTC and generally the market always does the opposite of what the masses think.

like you said. If you look at this now, there should be a correction that really needs to happen for the next spike.
but i haven't seen it happen normally and by december there's actually still a few weeks to go.
and we can only hope for the best and see how things turn out in the months ahead.
whether everyone's speculation will be true this month or just wishful thinking.

Days ago there was a correction, it was not strong, I still do not know what could have been the reason, but BTC reached $ 55k and that produced a huge drop in all altcoins, something that is very normal, whenever BTC falls in price all altcoins fall with great force, however, many are waiting for BTC to reach $ 100k, some forecast $ 150k, what I do not like about all this is that the market always does the opposite process to what the mass thinks If you are expecting a bullish move towards $ 100k, the opposite could happen and have a monumental drop, however for now the best thing to do is put everything in Hodl mode.