Quote from: summonerrk on Today at 05:04:46 AM

Quote from: DrBeer on September 06, 2023, 05:27:36 PM

Quote from: summonerrk on September 06, 2023, 01:20:34 PM

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I understand, and of course I have a specific answer to this question: the algorithm is as follows: you need to look at the bitcoin chart, if the price is high now, then you need to fix the profit and wait for a correction or a price drop. So you need to transfer some of the bitcoins to stablecoins. Not cash or bank dollars. If the price of bitcoin is low, but you need to buy it, and in no case store your savings in stablecoins. Right now, in my opinion, the price of bitcoin is neither low nor high. The situation is not certain, which means it is possible to partially purchase stablecoins (for example, USDT), and partially dollars. Any - in cash or on an electronic account.
And as you probably understood - I do not approve of "storing and saving" money. I believe that they should "work" in any situation.

Excellent clarification, which I fully support. The only thing I'm pushing:
The first part is about analyzing the situation in the crypto market. Here we have to be honest - not everyone can do it, and not everyone makes the right assessment, does not monitor the situation, and cannot make the right conclusion, and therefore the right actions. Therefore - the advice is GOOD, but not everyone will be able to use it.
Second - what you described, in some ways the same diversification. And it is right !
Third - the last point, I fully support. When money is lying "dead weight", it...spoils

Not everyone believes in technical analysis, some believe, but they think that it is very difficult. I think that from all the technical analysis, only support and resistance levels, as well as trend support lines, work. Orientation in the tracks on them does not give a great chance of success, but if you do a lot of small transactions, then a strategy with such a technical analysis will give a result. And it is better to do this during the time when the price is locked in the corridor, as it is now.
Therefore, if we return to the question of the author of the topic, now it is simply necessary to have part of the funds in the USDT.
By the way, the forum is full of smart guys who sometimes analyze the price of bitcoin and post their results. This is convenient for novices.

That's all understandable, and I agree. Except for the fact that you should make a decision based on other people's forecasts

Let's take the situation today - some people say "it will rise in price 10 times", others say "it will fall below 25,000, and there are no prospects". Whose opinion to choose ? What is "more pleasant for the soul" ?

Here you have to make your own decisions, more precisely, to analyze and draw conclusions, to make balanced decisions and moves. For example, I never give advice from the field of "buy bitcoin/sell bitcoin" - it's someone else's money, and my mistake or missed nuances can ruin someone ... So once again - any analytics should be considered as information that has some probability of happening. But it is absolutely impossible to take such information as a direct command to action