Post
Topic
Board Altcoin Discussion
Re: What will be the alternate plan - second option
by
key4co.in
on 22/11/2019, 13:36:56 UTC
There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.
It's true that many crypto enthusiasts have high hopes that 2020 will be a boost for the crypto market, looking at the forthcoming bitcoin halving especially. However, we all know the crypto market is controlled by so many factors, hence it's highly volatile. What if next year all nations come together to form a body to totally place a ban on crypto? Even if they can never achieve that, it will go a long way to keep the market in a downtrend regardless of the big news incoming. That's just an instance, well like you mentioned, if I perceive an unfavorable market condition at any time (like I did today before the market downtrend), I usually convert to USDT.