Quote from: Ozero on Today at 05:02:02 AM

Quote from: FIFA worldcup on February 20, 2021, 06:54:40 PM

Quote from: Bergkampsballs on February 20, 2021, 05:41:19 PM

Hi, just to be clear I'm bullish as hell for the next few months but I think it's generally accepted that this bull run will probably come to an end at some point this year.

I'm wondering if people here are planning on getting out of crypto or significantly reducing your stake at some point this year and if so what your plan is and where you are looking at reinvesting your funds?

Once the bull market is over, i will try to convert my majority of the funds to fiat and stable coins. This does not mean that i will quit crypto. This only means that i don't want to hold the coins in bear market and see my portfolio in loss. Instead i will try to invest in real estate or any other business which can give me regular income and also save money to buy back in the bear market.

I consider this a reasonable choice, the only problem is to determine in time the moment of release and sale of bitcoins at peak prices. The price of bitcoin can plummet and after that their sale will not be so profitable. It would be better to partially sell them at the current high prices and keep a reserve of money to buy bitcoin in case of a sharp price drop.
Of course, holding onto bitcoins is not an end in itself. It should be profitable. Therefore, it should be periodically fixed and be prepared for both the high price growth of bitcoin and its sharp fall.

Learning how to play well with the current situation would lead you to a much better position in case there's certain events that
happened with the price of Bitcoin.

It's important to know when to hold to maximized your profits and when to let go to avoid losing your money, in this view point
there's no accurate but it can guide you with every experienced that you have while working inside this industry.

Keep planning and make sure to follow each system that you build.