Post
Topic
Board Bitcoin Discussion
Re: How do you go about realizing gains? If you opt not to, what is your reason?
by
gunhell16
on 24/08/2023, 11:00:17 UTC
We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

We are currently experiencing a bear market phase. How do you intend to make a profit once the market undergoes a turnaround? What is proving to be the biggest obstacle to implementing this strategy? If your intention is not to convert the earnings back to fiat, please explain your philosophy regarding this choice. Newbies to this platform like me can gain insight from your past experiences.

In my insight, if you know that you don't have enough ideas here, it's better to study first and don't rush to buy cryptocurrency right away. Now, if you can't stop yourself from buying, all you have to do is start with small capital first while you are still learning it. Because maybe later on when you can easily make money here, that will be an obstacle for that to happen.

Especially in the current situation where we are still in a downtrend, the market is still very unpredictable right now, but I can't deny that this is a good opportunity for us to buy top cryptos that are currently undervalued in the market such as Bnb, Matic, Eth, and of course Bitcoin won't lose that. It's not a problem if I didn't change the cryptos I bought to fiat as long as you just hold them and don't sell them, that's it.