How to sustain the value of your Bitcoin in bear run.

[Akaenyi]

I have been thinking about this for quite some time now about how we can sustain the value of our Bitcoin in bear run. I believe that experienced members here knows about what I'm about to say but for the benefit of those that don't I will like to share my view. When we are in bear run and we are expecting that Bitcoin price will continue to decline and inorder for our Bitcoin not to be reducing in value we can swap it to stablecoins. Keep swapping your Bitcoin to stablecoins until you are sure that there is an uptrend in price then you will swap them back to Bitcoin. I think it is an excellent strategy for those of us that wants to stop our loses until we see a price that will breakthrough the resistence before we swap back to Bitcoin.

You don't have to keep your coins in a centralized exchange to be able to access a stablecoin like USDT you can do so in some none custodial wallets. Some none custodial wallets that have USDT are Unstoppable and Cake wallet, you can do you own research for other none custodial wallets. The strategy is quite tricky because you can be tempted swap your Bitcoin back and forth when it rises to a certain level or dip to a certain level. Swapping your Bitcoin during dip is an option that is open to us, we can either take it or leave it. Do you think that it is a good strategy or a waste of time?

Let me emphasize that this strategy is not important for investors that plans to DCA for like 10 years and more because Bitcoin will reach many ATH before then. It is good for investors that plans to sell within a short time or a few years.

[IceLincoln]

Hmm this is Your pattern get as e be oo.
There are many risks to this, yes we might be in a bear run but price isn’t stable and the idea that it’ll keep going down can be somewhat misleading. What if you swap while it’s $64K and instead of going down it moves up to $66K, what do you think will happen to you psychologically especially as a newbie.

If you’re in bitcoin as an investor, it should be for the long term and if that’s the case you have no problem or reason to be doing this swap you’re talking about.

[7juju]

I can't put myself through such unnecessary stress and I don't even encourage any long term holders to be swapping their to and from when bitcoin is undergoing different market seasons. We already know that bitcoin after falling, that it will always rise back, so what are the needs of swapping back and front, and paying unnecessary trading fees. If you are for the long term, invest and focus on other things, if you have more money during the bear season, buy more and add to your portfolio. You will benefit more by doing that, than recycling your bitcoin back and front, and putting yourself on unnecessary stress and tension.

[Odohu]

A newbie should not be offering this type of advice because that concept is nothing but trading and it will ruin your Bitcoin. No one have been successful at knowing how high or how low Bitcoin will go before it reverses and change trend, so doing this may likely end in disaster. Real Bitcoin investors are not bothered by decline in price because it doesn't last forever an such times are always used to stack more cheap coins and not thinking of selling to buy back.

[Joy_learns_crypto]

I will like to share my view. When we are in bear run and we are expecting that Bitcoin price will continue to decline and inorder for our Bitcoin not to be reducing in value we can swap it to stablecoins. Keep swapping your Bitcoin to stablecoins until you are sure that there is an uptrend in price then you will swap them back to Bitcoin. I think it is an excellent strategy for those of us that wants to stop our loses until we see a price that will breakthrough the resistence before we swap back to Bitcoin.

We are in the bear market we may expect that bitcoin price will go down but the unstable price fit say make we carry our expectations chop food because the price can go up.
It can seem like an excellent strategy but it could have bad effects.
And it is just doing too much, I will be holding rather than swapping to stablecoin.

[Mr k.]

I have been thinking about this for quite some time now about how we can sustain the value of our Bitcoin in bear run. I believe that experienced members here knows about what I'm about to say but for the benefit of those that don't I will like to share my view. When we are in bear run and we are expecting that Bitcoin price will continue to decline and inorder for our Bitcoin not to be reducing in value we can swap it to stablecoins. Keep swapping your Bitcoin to stablecoins until you are sure that there is an uptrend in price then you will swap them back to Bitcoin. I think it is an excellent strategy for those of us that wants to stop our loses until we see a price that will breakthrough the resistence before we swap back to Bitcoin.

You don't have to keep your coins in a centralized exchange to be able to access a stablecoin like USDT you can do so in some none custodial wallets. Some none custodial wallets that have USDT are Unstoppable and Cake wallet, you can do you own research for other none custodial wallets. The strategy is quite tricky because you can be tempted swap your Bitcoin back and forth when it rises to a certain level or dip to a certain level. Swapping your Bitcoin during dip is an option that is open to us, we can either take it or leave it. Do you think that it is a good strategy or a waste of time?

I think during Bear market,  converting Bitcoin to stable coins can help some people reduce losses most especially traders who understand market timing.

However the difficulties of predicting the exact bottom or next uptrend have meka the strategy not to be easy always.

Investors Sometimes sell their Bitcoin expecting the price to drop further, but they end up buying back at a higher price when the market suddenly reverses and . And This can reduce their total Bitcoin holdings.
For long-term holders, another strategy is simply to hold their Bitcoin and accumulate more during the dip if they can afford it.

[Jaksonhard]

Your concept is logical; in fact, many traders implement a concept similar to yours during bad markets: If you change Bitcoin into stablecoins while the market obviously is trending down (as who doesn't want to lose less money), and then wait until the market shows signs of improvement (and breaks through certain key resistance levels), you can swap back into Bitcoin before the next uptrend occurs.

Unfortunately, timing the market is difficult, even for seasoned investors. Sometimes investors convert to stablecoins too soon or to Bitcoin too late. Because of this fact, some investors adopt a strategy that is solely based upon the long-term holding or dollar-cost averaging. Therefore, it all depends upon the individual investor, e.g., their risk appetite, experience level, and their ability to remain disciplined during market fluctuations.

[Agbamoni]

The best way to sustain your Bitcoin during a bear run is to forget about it until the bear run ends. A true investor should not be too quick to sell off their Bitcoin during the bear run, the plan is to hold it until the bull run comes. If you dont need the money invested in Bitcoin, what difference does it make if you leave your coin in your custodian wallet for the time being until the market starts recovering? The idea of converting to USDT when the market is down and then back to Bitcoin when the market is up is a terrible one.

[Lembo69]

Surviving the market in a bear run is a big challenge and not everyone can do it. Only if you can remain stable during a bear run, you will be able to survive in the market. And at this time, you should focus on buying more than selling. To avoid market volatility, you should have a long-term investment plan. The right rule to maintain the value of Bitcoin in a bear run is to hold, if you hold only, when the market returns to its previous value, the value of Bitcoin in the bear run will survive. Invest for the long term and hold during the bear run

[The Founding Titan]

It's a really smart idea until it isn't, you convert to a stable coins before you go to bed out of fear of it losing more value over night and then by morning you are shocked to see an uptrend, depending on the percentage increase we can see that you have ended up losing slot of money when you were actually trying to save instead.
But since this method appeals to you then I think you should actually follow it, it will definitely prevent you coin from losing too much value during a downtrend.

[Jegileman]

The strategy is quite tricky because you can be tempted swap your Bitcoin back and forth when it rises to a certain level or dip to a certain level. Swapping your Bitcoin during dip is an option that is open to us, we can either take it or leave it. Do you think that it is a good strategy or a waste of time?

I would not advise this pattern to be used, but if it works perfectly well for you, then maybe it’s on you to take on the risk involved in doing it. I would prefer a bitcoin investor to only focus on their take profit price, if the market is yet to reach that price, then they should not even bother of swapping their bitcoin during a downturn in the market. This is Bitcoin and not any other altcoin that you’re not sure of the price will recover again. What is most important is being patient during the market fall, focus more on how you can accumulate more when an opportunity arises like this, instead of gambling with your money, swapping up and down in a volatile market. Just define your goals and work towards achieving your target in the trending market.

[Franctoshi]

I have been thinking about this for quite some time now about how we can sustain the value of our Bitcoin in bear run. I believe that experienced members here knows about what I'm about to say but for the benefit of those that don't I will like to share my view. When we are in bear run and we are expecting that Bitcoin price will continue to decline and inorder for our Bitcoin not to be reducing in value we can swap it to stablecoins. Keep swapping your Bitcoin to stablecoins until you are sure that there is an uptrend in price then you will swap them back to Bitcoin. I think it is an excellent strategy for those of us that wants to stop our loses until we see a price that will breakthrough the resistence before we swap back to Bitcoin.

You don't have to keep your coins in a centralized exchange to be able to access a stablecoin like USDT you can do so in some none custodial wallets. Some none custodial wallets that have USDT are Unstoppable and Cake wallet, you can do you own research for other none custodial wallets. The strategy is quite tricky because you can be tempted swap your Bitcoin back and forth when it rises to a certain level or dip to a certain level. Swapping your Bitcoin during dip is an option that is open to us, we can either take it or leave it. Do you think that it is a good strategy or a waste of time?

You're talking from the mindset of trader and not as an investor. However, Your activity with your Bitcoin portfolio depends on your investment goal. For someone who has intention of keeping his Bitcoin for a long period of time, I don't think this is necessary, Bear market are even ment to buy Bitcoin and not to swap or sell your Bitcoin. Secondly you can only do this if you're a market analyst. Or has some technical knowledge about the market to know when to swap and buy back.

[Grace333]

I have been thinking about this for quite some time now about how we can sustain the value of our Bitcoin in bear run. I believe that experienced members here knows about what I'm about to say but for the benefit of those that don't I will like to share my view. When we are in bear run and we are expecting that Bitcoin price will continue to decline and inorder for our Bitcoin not to be reducing in value we can swap it to stablecoins. Keep swapping your Bitcoin to stablecoins until you are sure that there is an uptrend in price then you will swap them back to Bitcoin. I think it is an excellent strategy for those of us that wants to stop our loses until we see a price that will breakthrough the resistence before we swap back to Bitcoin.

You don't have to keep your coins in a centralized exchange to be able to access a stablecoin like USDT you can do so in some none custodial wallets. Some none custodial wallets that have USDT are Unstoppable and Cake wallet, you can do you own research for other none custodial wallets. The strategy is quite tricky because you can be tempted swap your Bitcoin back and forth when it rises to a certain level or dip to a certain level. Swapping your Bitcoin during dip is an option that is open to us, we can either take it or leave it. Do you think that it is a good strategy or a waste of time?

Lol I don't think there is any experience that will teach you to do what you said, if you have made several loses from this strategy you'll ensure not to ever try it again. The price direction of bitcoin is not certain and there is what we call price retracement which might happen at anytime in any trend so swapping to stablecoins while price makes a quick turn will end you in loses because when trying to swap back you'll do that with a more expensive price. It's better off to invest and leave your bitcoin there for as long as your holding goal is. Those who we admire with alot of bitcoin did use this trading strategy, the best you can is buy more when price goes down not selling your bitcoin for stablecoin.

[I_Anime]

I have been thinking about this for quite some time now about how we can sustain the value of our Bitcoin in bear run. I believe that experienced members here knows about what I'm about to say but for the benefit of those that don't I will like to share my view. When we are in bear run and we are expecting that Bitcoin price will continue to decline and inorder for our Bitcoin not to be reducing in value we can swap it to stablecoins. Keep swapping your Bitcoin to stablecoins until you are sure that there is an uptrend in price then you will swap them back to Bitcoin. I think it is an excellent strategy for those of us that wants to stop our loses until we see a price that will breakthrough the resistence before we swap back to Bitcoin.

You don't have to keep your coins in a centralized exchange to be able to access a stablecoin like USDT you can do so in some none custodial wallets. Some none custodial wallets that have USDT are Unstoppable and Cake wallet, you can do you own research for other none custodial wallets. The strategy is quite tricky because you can be tempted swap your Bitcoin back and forth when it rises to a certain level or dip to a certain level. Swapping your Bitcoin during dip is an option that is open to us, we can either take it or leave it. Do you think that it is a good strategy or a waste of time?

First whenever there’s dip in the market Aslong you are not selling you are not in any losses , though the value may drop . You can only be in loss when you sell at losses , the strategy of swapping may seems nice at first till you endup missing that entry you are talking about , which may increase the chances of you buying at a expensive price. Because you can’t keep observing the market always so there’s chances of you missing the market , so best is to set aside some reserve funds as you accumulate.

[sokani]

~~~

No be bad idea, but nah gamble.

let's say you swap at $69k. E come turn out say, the four year cycle no dey work again. After you swap, the market come begin go bullish again. You go dey at a loss because your funds dey in stablecoins. So weigh both the advantage and disadvantage before you embark on the journey.

For a newbie like you, e go good make you follow the advice wey plenty pipo don give.

[Stalker22]

~
Do you think that it is a good strategy or a waste of time?

Although it might seem like you are being smart, market timing is arguably one of the most inefficient means of losing money.  If you could accurately predict when the bear market would start to decline and when the bull market would begin, you wouldnt bother posting on this forum - you would be a multi-billionaire already!  Now, what you end up doing, in reality, is that you end up selling low and buying back higher, effectively decreasing the number of coins you had originally owned.  The result is that you risk your short-term purchasing power value against your Bitcoins historical fiat value by slowly but surely reducing the quantity you have.

Do you really think you can outsmart the bots and institutional algorithms that are waiting to trap people doing exactly what you just described?

[Big Dirams]

This OP idea is just somehow and to be honest I don’t think this is a smart idea or smart way to turn our bitcoin investment journey to be because this has a very high risk. Every investor that invested knowns that the market is full of downs and ups and we all have accepted the risk that might come and when applying DCA we see dips as an opportunity to accumulate bitcoin more and make profits but shifting our holdings into stable coins isn’t a positive idea at all.
 Many investors understands the risk in investing and many invested what they can afford to loss and many has strategies they follow and analysis so investing and during dips we move our assets around to stable will makes things more complicated instead we stay focused with our holdings and with the help of DCA when the market goes for dips we can easily accumulate with ease no pressure at all. And such suggestions you did brought is  quite stressful and such opinion wouldn’t held profits vastly.
 No two way around investing, we either trust the process and allow the market to make it move or when emotions triggers we sell of our holdings as soon as we can that just it. Doing any other thing will just be risky and we might end up missing out big chances.

[Creeper0]

First of all, this strategy will not make me an investor, but rather make me feel like a trader. Second, I don't have that much unnecessary time and unnecessary risk tolerance.

Will you always be profitable with this strategy? After buying at $60k and selling at $70k, when you see Bitcoin surpassing $100k, will you consider yourself a profitable trader? You can face the same thing in buying. Why should I always put myself under pressure like this? It's easier, buy and forget for a long time. This is easy and safe.

[Dr.Bitcoin_Strange]

You don't just have to swap your Bitcoin to stable coins because you want to sustain it's value, if you are doing that, then you should also do it better so you can have more Bitcoin and get a higher value when the price starts to pump in bull season. For instance, you should not only convert your bitcoin when price is falling or when it has already fallen, you have to be strategic about when to sell your coins to Fiat and when to buy more. You should have a targeted high price to sell and then when to back during a bearish market. Some people sold their Bitcoin at $110k to $126k and they held the fiat, probably they must have  bought more as price dropped to $60k.

[JimaGod]

A newbie should not be offering this type of advice because that concept is nothing but trading and it will ruin your Bitcoin. No one have been successful at knowing how high or how low Bitcoin will go before it reverses and change trend, so doing this may likely end in disaster. Real Bitcoin investors are not bothered by decline in price because it doesn't last forever an such times are always used to stack more cheap coins and not thinking of selling to buy back.

Real bitcoin investor have no problem with investing in Bitcoin and they don't complain about the value of the coin. I think they're very comfortable with the movement of Bitcoin which involves the heavy down and up trends. This is not the time to panic rather this is time to come out in full confidence about this project and know exactly what to do. I've grown up in this market, no longer dulging the truth but time to come out and face reality and look for the possible way out if you see a hurdle that will prevent you from hitting your goals.

Newbies comes everyday in the market, some of them already knew exactly what they want and some doesn't even understand how to manage and cope with the whole market saga. I will always be happy to be on the side that's framely bold and know the path to follow and not looking confused.