/biz/ - Business & Finance

[Anonymous No.4750728]

>It's a "bitcoin crash wipes out the whole market again" episode

Is there anywhere you can put your gains to be safe from this shit? Every alt I move into just crashed anyway. I thought LTC was a good store of value but that folds too. What's the answer?

[Anonymous No.4750853]

>>4750728
just hold everything and ride it out

if you don't know exactly what you're doing, you end up losing the most in situations like this trying to figure out what to buy into; you choose something, buy it, it starts to dip, you sell it at a loss, repeat a few times and you're fucked.

I've just held through ups and downs. Sacrificed lots of potential "gains" but haven't actually lost any of my capital either.

That or pull everything into fiat (or tether if you trust it) and wait until you think things have bottomed out before you rebuy

[Anonymous No.4750871]

I just sold my zec for btc, gonna wait it out

[Anonymous No.4750924]

>>4750728
Chilling in Mona coin and it's been holding up so far since the nips overwhelmingly buy it with Yen and not BTC.

[Anonymous No.4750953]

How about keeping it in fiat?

[Anonymous No.4750968]

>>4750728
BTC down 0.5% = bitcoin crash wipes out the whole market again

KYS

[Anonymous No.4750974]

shall I buy more btc ?

[Anonymous No.4750994]

Monero

[Anonymous No.4751014]

Im getting so sick of this fucking dinosaur coin that ruins the whole altcoin market

[Anonymous No.4751028]

>>4750974
unironically yes. last dip sent us almost to 12k, this one will probably bring us near 15k. BTC is kinda slingshooting it's way to 20k eoy.

[Anonymous No.4751031]

Fucking whales selling out.

[Anonymous No.4751045]

At least in bitfinex you can just exchange to USD very fast so your gains are safe during crashes.

If you're looking for a long term stable crypto I don't think such a thing exists.

[Anonymous No.4751053]

>>4751028
unironically this, btc is gonna tank down to 10k or 9k maybe, but that's still like a 20% gain week-over-week. The train isn't stopping, just letting people get in/out in the station.

[Anonymous No.4751054]

>>4750728
You wont like the awnser anon

[Anonymous No.4751066]

IOTA

[Anonymous No.4751085]

>>4750728
stop trying to get rich quick, it never works out.
majority of the people who have made sizable gains have had their coin for years or where already rich in the first place and don't care if they lose 100k

[Anonymous No.4751094]

>>4751045
(((USD)))

[Anonymous No.4751118]

>>4751053
finally a guy who knows how to read a months worth of charts and understands how asians are thinking. it's morning now in asia, they will buy themself senseless with low BTC within the next three hours.

[Anonymous No.4751138]

>>4751094
Or euros, I believe.

Point is, if you're feeling skittish you can change your buttcoin to fiat at the click of a button and at least it all won't go poof overnight. Exchange fees will still tickle.

[Anonymous No.4751146]

>>4750728
Jibrel

[Anonymous No.4751160]

>>4750728
This is where you park your gains, instead of the abomination tether.

[Anonymous No.4751225]

> Must sell to avoid loss
> Must buy to profit from dip

[Anonymous No.4751243]

>>4751118
thanks for your kind words. I used to get burned on NASDAQ really hard, but the crypto market is kinda easymode

[Anonymous No.4751332]

>>4751243
at this point, BTC is pretty predictable. just hodl, stock up if the time is right and probably sell now and than, if you really need to.

[Anonymous No.4751391]

>>4750853
You can't really quickly go from crypto to fiat and vice versa though. The bank transfers take days, and I could completely miss the dip on either BTC or my alts. And don't tell me to tether, cuz tether is crypto.

[Anonymous No.4751418]

[Anonymous No.4751444]

>>4751391
>he does not have "a guy" he sends a threema message to set up an escrow to cash out to the conditions of that very moment
anon, what are you doing?

[Anonymous No.4751457]

>>4751045
Finex is tether tard

[Anonymous No.4751461]

>>4750728
This is nothing.
ATH's again in a few days.

[Anonymous No.4751491]

literally tether

[Anonymous No.4751652]

>>4751444
How do I become this "guy"? I refuse to put anything in tether and would love to bounce between fiat and BTC but it takes too long and I'd miss the dips

[Anonymous No.4751784]

>>4751461
probably tomorrow lol

[Anonymous No.4751844]

>>4751652
1. get a threema ID
2. stash great amounts of fiat (cash) and various mainstream coins (hw wallet)
3. get word out in your local cryptocommunity that you can trade 24/7 in an instant
4. don't fuck up
5. stay away from organized crime
6. become a pillar of the local trading scene

[Anonymous No.4751978]

>>4750728
Institutional investors are rotating back into securities for a bull week. Trust me. I have been looking at the charts and during the major dips on Wednesday of last week in stocks, all of the major currencies also pulled back. It was theorized as profit-taking by institutions. However, why would crypto dip substantially lower at the same time? It happened because the big boys are in BTC, LTC, ETH, and most of the notable alts.

As for the dip just now, futures markets are opened at 6 pm est Sundays. A rally is thought to happen this week on good news for tax reform as well as a continued exuberance to end the year bullish. I'm willing to bet these funds caused the dip by moving money back into stocks. Stay diversified.

[Anonymous No.4752010]

fiat

[Anonymous No.4752194]

>>4750728

The one that you never wanted.

X R P

You are bound.

BLOOD TIES THAT BIND!!!!! BLOOD TIES THAT BIND! BLOOD TIES THAT BIND!

[Anonymous No.4752236]

>>4750853
Tether ;) or USD lol