Quote from: so98nn on May 28, 2022, 07:20:13 AM

Quote from: mk4 on May 27, 2022, 04:15:40 AM

Quote from: so98nn on May 27, 2022, 04:12:33 AM

After all either market crashes or it goes up and all of us has to do is one god dam thing, you just hodl your crypto tight, either move them to stable coin economy to stop the losses.

I'd go with a different advice and tell people to actually think twice or thrice about the 'crypto' they actually bought — if they actually do something decent, or if it's just your typical useless yet overpriced cryptocurrency. They need to sober up sooner or later, unless they want the markets itself to sober them up by teaching them a hard lesson.

I would never advice them to buy any random coins but for any dips it’s always best to secure the funds in stable coins. Looks way promising and better rather than selling it for the fiat and then re buying later. Crypto to crypto transaction makes sure we don’t get taxed for the sell off into bank accounts. At least that’s the case where crypto is now taxed and continuously traced for. I believe paying tax on crypto makes us loose money in the process.

Trusting those stable coins after Luna crash is not at all good decision and the owner of funds has cashed out millions already and his Twitter profile going private giving clear signs of rug making the market loose badly and also some mentally sick due to big loss.This might happen with some other stable coin also so for me it's not going to work anymore but yes investment in btc is surely wise moves especially during these dips contrary to those are selling at this time.Just holding them not trading for long term is best solution for me.