What will you do when BTC completes its cycle

Seeking Advice
1

Hello everyone, when BTC hits a new all-time high (I hope it happens in December) what will you do?

Personally, since I don’t have a huge amount of BTC, I will completely cash out for

25% ALGO (Good protocol, based in the US, easy to access, using brave browser)

25% HBAR (Good protocol, based in the US)

25% XLM (I’m already invested in it with 10% of my portfolio, I feel positive about this blockchain)

25% KAS (Just for the fun of calling it the “new BTC”, I hope there will be some hype around it)

What are your thoughts? With the de-tax program from Trump for the US-Based Crypto foundation, I hope at least one of these will see a 250-300% gain

2

Nice protocol, nice protocol, the vibes, and the meme. Sounds like a solid plan that won’t go wrong…

3

Brad said:
Nice protocol, nice protocol, the vibes, and the meme. Sounds like a solid plan that won’t go wrong…

Lol yeah, “nice protocol” always reminds me of those coins that nobody cares about except to make a quick buck.

4

I think this could backfire on you. Good luck.

5

Good luck with that. Most people end up with empty wallets trying to predict the cycle.

6

You actually plan to sell BTC to buy ALGO?

You can’t be serious

7

Well, I’ve realized that trying to time the market is not wise. A simple dollar-cost averaging into Bitcoin keeps me calm and stress-free. I prefer to invest money I won’t need soon, gradually every week or once a month.

If you believe in something, keep investing no matter its price, keep it steady.

I’ve been in crypto since Bitcoin was around 4-6k, and like many, I hesitated because I thought it was too pricey.

Then I watched it rise to 10, 20, and well, you know the rest.

Don’t try to time the market.

Don’t invest money you will need soon, if you have to sell, you will be in trouble.

Keep it straightforward, investing is a long-term game, not a quick cash play.

8

I will buy more BTC in a couple of years at a better price. Dollar-cost averaging.

9

Have fun staying broke

10

I will be selling 25% of my BTC and all the low-value coins at some point during this run to buy back into BTC in the bear market.

No low-value coins for me this halving. Just BTC.

11

I’ll keep my BTC in my wallet. Anyone selling Bitcoin over the next 2-3 years is making a mistake. It’s starting to become a global currency.

12

Valentine said:
I’ll keep my BTC in my wallet. Anyone selling Bitcoin over the next 2-3 years is making a mistake. It’s starting to become a global currency.

I agree. I hear so many people saying they are buying into low-value coins. BTC will be globally recognized. El Salvador and Bhutan are just the start.

13

That’s a bad idea, trading into low-value coins.

14

Why buy low-value coins that have been around for three cycles with limited positive price action instead of just Ethereum?

15

StarrySentinel said:
Why buy low-value coins that have been around for three cycles with limited positive price action instead of just Ethereum?

Ethereum’s price action is really stagnant.

16

@Axelle
I agree. Ethereum looks a bit sluggish. Not much confidence in it.

17

StarrySentinel said:
Why buy low-value coins that have been around for three cycles with limited positive price action instead of just Ethereum?

I’m already invested in Ethereum and will cash out once it reaches an all-time high.

I don’t see long-term value in Ethereum. It seems to lack momentum, in my opinion, all the liquidity will switch from Ethereum to other altcoins once the altseason begins.

It’s just my personal forecast, take it how you will gif

18

@Danielle
Smart contracts???

19

HODL for at least 4 cycles and you will at least double your investment. Nothing you plan to spend it on can beat that.

20

Frey said:
HODL for at least 4 cycles and you will at least double your investment. Nothing you plan to spend it on can beat that.

That’s like waiting 16 years. You can double that more easily in the S&P 500.