Post
Topic
Board Bitcoin Discussion
Re: Basic Bitcoins Strategies during downtrend?
by
Dklinov
on 27/04/2018, 05:45:10 UTC
Share your personal bitcoin strategies during unstable market conditions, on how you were able to minimize your losses or even made gains maybe we can share other personal strategies here on how you maintain your porfolio's balance in a good scale. I'm not a TA person so my personal experience is all based on fundamentals.

1. I sold all my shit coins and convert them to btc.
2. I do a daily or weekly trades based on fundamentals and news on my alts holdings.
3. I joined more bounty campaigns and sold 100% most of them and convert to bitcoins then fiat.
4. Everytime bitcoin drops ( again my personal strategy) i used all the fiat from my bounties to buy bitcoin then sold them once it hits  (10%) gain.
5. I keep on repeating this strategy and noticed that i really survive the downtrend even i didn't not sold my initial btc balance to fiat.

I know there are lots of very technical guys here who managed to survive by selling their bitcoins to fiat and eventually buying during lows. I shared this just to inspired those newbies who are not comfortable in converting their btc to fiat ( as sometimes makes us to loss more ). There are lots of good strategies to maintain our porfolio's balance which does not required extra money from our pocket but only requires more effort. I look forward to learn more good strategies here by sharing your own, Thanks in advance and Godbless to all of us!!!

The best way not to loose is to get USDT for your BTC. It is the most stable currency out there serving as sort of safe for your currency while the market is deep and red. You can actually even make some nice profit when the market will go even deeper and for the same value of USDT you can buy BTC and increase its amount.