Quote from: Slash61 on Today at 01:40:07 PM

Quote from: eminan on April 24, 2021, 08:16:40 AM

5. After the bull run should I just put my stablecoins in something like Blockfi during the bear market? Or is cashing out to dollars and investing in something like real estate a good way to defer capital gains taxes?

after the bull, and you get a profit from the investment you make it would be better to keep it in a stable coin and you can stop for a while to enjoy it.
usually, I do that when I get a big profit from the bull run. like this year because I came out of the market at the right time.

After the correction, I bought some for potential altcoins in the market improvement, but this is not for the long term because the potential for the down market is still very large. so when we get a profit we can get out of the market quickly. don't ever think the bulls brought the asset to break the ATH in such a short time.

With convert it into a stable coin, he can buy again when the price is down or he can select the other coin which will have potential and have a chance to increase later. As long as we know when we should sell and take profit, we can sell it and do not wait for more or become greed because we will be too late to sell at a high price. We should use the chance to make a profit while we see it. Otherwise, we will regret not selling at a high price because the price will not stay at a high price for a long time.