So August 1 is coming up and the market is up for a crash. It doesn't matter if BTC does a soft fork, hard fork or no fork at all. THE PRICE OF BTC, ETH and pretty much every coin is going to go down due insecurity and instability
So should I sell all my BTC and ETH and buy back just when everybody is panicking and selling?
Here is my plan:
>Sell BTC and ETH now to make som sweet gains
>Buy back in right when everybody is selling
>Even more profit
What do you guys think?
>>2499667
durr
>>2499667
Everyone plans on doing the very same thing anon. Think about it.
>>2499667
Counter argument: the dip already happened in expectation of this. Everyone is expecting a dip and is ready to buy. You move your money out, everything moons overnight and you end up having to come back at a higher price.
>>2500083
so the better option is just to keep what you have if you actually believe in it long term, and if it dips hard later on, buy more
>>2500083
so what is your strategy then?
>>2500107
Hold, but have extra fiat prepared for a dip/crash.
If you have no extra fiat, liquidate a portion of it and be ready to buy back in with it. Nobody knows whether the price will actually increase or decrease, so betting entirely on one side is risky. Then again, you could lose a good portion of your portfolio if you go half in half out.
Overall, it's a fucking gamble, all of this is.
Shorting all the way down
>>2500083
That's what I'm thinking too. I'm gonna sell half my BTC/ETH/LTC holdings and buy back in a dip. Will probably hold the altcoins tho
>>2500048
And? If everyone plans on doing the same thing, and you do the opposite. You get royally fucked. Especially if you buy at the top (2500+) and hold the entire way through it.
You'll be bagholding for months if not years. Maybe even permanently.
>>2501919
The dip already happened