Hi Mark, in regards to this part ' Move the USDT to BitOffer and open a 3x leveraged short position on bitcoin. Once bitcoin’s price falls into the “buy” zone of my plan, I’ll cash out the short position and buy bitcoin with the proceeds.' Would you be able to give a few tips on how to do this?
Hello Mark, as I am quite new to this, need to make things super simple while sticking to your plan. All I have is some bitcoins (no altcoins) on Ledger, with accounts on Coinbase and Binance. What better fits to me seems sending bitcoins to Coinbase, maybe now just to be sure, and trade BCs to USDC, then back again to BCs at the proper time. Do you see any downside to this? Please note that my original plan was HODLing for 10+ years no matter what, and just decided to change it after reading your story.
What are the consequences and potential losses if I won't sell anything now/soon even if the best selling time period is around the corner? What If I just wait out (~1-3 years) until the unstoppable value of the most strong cryptos will return again? I understand to buy into the market when things have crashed significantly and mass faith is low (that's assuming I have some spare cash to do so). Mhhhh..
hey Mark, this is great. SO appreciate this. The exit is my greatest angst! It’s one thing to put together a great portfolio, but that’s only 1/2 the job ;)
What do you mean by:
Move the USDT to BitOffer and open a 3x leveraged short position on bitcoin. Once bitcoin’s price falls into the “buy” zone of my plan, I’ll cash out the short position and buy bitcoin with the proceeds.
In getting ready for the "sell" phase and being a big time newbie, is there somewhere a very simple explanation of how to convert my various coins to stablecoins when the time comes? I have coins on Coinbase and Binance and struggling to figure out what I thought would be simple - convert altcoin > stablecoin. Glad I've not got a huge amount of coins to worry about as I'm just dabbling right now haha
Mark, you have stated your time frame as early April being the blowout top for BTC and your triggers tripped. Does this notice advance the timetable? My take is that you are systematically prepping us to take steps to get ready to exit.
Hi Mark, in regards to this part ' Move the USDT to BitOffer and open a 3x leveraged short position on bitcoin. Once bitcoin’s price falls into the “buy” zone of my plan, I’ll cash out the short position and buy bitcoin with the proceeds.' Would you be able to give a few tips on how to do this?
hello. I can't see the option for "3x leveraged short" on BitOffer. Where is that?
Hello Mark, as I am quite new to this, need to make things super simple while sticking to your plan. All I have is some bitcoins (no altcoins) on Ledger, with accounts on Coinbase and Binance. What better fits to me seems sending bitcoins to Coinbase, maybe now just to be sure, and trade BCs to USDC, then back again to BCs at the proper time. Do you see any downside to this? Please note that my original plan was HODLing for 10+ years no matter what, and just decided to change it after reading your story.
What are the consequences and potential losses if I won't sell anything now/soon even if the best selling time period is around the corner? What If I just wait out (~1-3 years) until the unstoppable value of the most strong cryptos will return again? I understand to buy into the market when things have crashed significantly and mass faith is low (that's assuming I have some spare cash to do so). Mhhhh..
hey Mark, this is great. SO appreciate this. The exit is my greatest angst! It’s one thing to put together a great portfolio, but that’s only 1/2 the job ;)
What do you mean by:
Move the USDT to BitOffer and open a 3x leveraged short position on bitcoin. Once bitcoin’s price falls into the “buy” zone of my plan, I’ll cash out the short position and buy bitcoin with the proceeds.
In getting ready for the "sell" phase and being a big time newbie, is there somewhere a very simple explanation of how to convert my various coins to stablecoins when the time comes? I have coins on Coinbase and Binance and struggling to figure out what I thought would be simple - convert altcoin > stablecoin. Glad I've not got a huge amount of coins to worry about as I'm just dabbling right now haha
Mark, you have stated your time frame as early April being the blowout top for BTC and your triggers tripped. Does this notice advance the timetable? My take is that you are systematically prepping us to take steps to get ready to exit.