Post
Topic
Board Trading Discussion
Re: What you'll do when BTC price will go down heavily and fast?
by
iv4n
on 13/02/2021, 11:54:49 UTC
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

Profitable currency for investing in Bitcoin has market position and a lot of demand from other currencies bitcoin prices go up a lot based on its demand but if the price of Bitcoin drops a lot then it is better to convert USDT. Even if the price goes down, you don't have to face losses the market is going up a lot so the price will not go down too much.

The point is to convert to a stable coin before the drop, and if you short it successfully, you can make a nice profit! As I stated in some of my previous comments here, I expect that correction since we passed $20k! Now that sounds funny, but here we are over $40k for some time!
In the last week or more, transaction fees are crazy for Bitcoin and Ethereum, and I think that is a sign that correction is getting closer! It's what happened last time. First fees go higher, and then a nice correction! I am ready for that, and I have dollars ready for buying!