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[chivs86]

Hi Guys, Recently I was reading a few consumer reviews that said about people making astronomical gains on Crypto and not being able to take action in time. One guy had over 100k worth of DOGE and because they had some issues with the exchange, they lost the whole lot when it went back down again.

What is the best advice to stop this from happening? - I will use BMF coins as an example. So say I had 1000 BMF coins now that are worth $10 and in 5 years they are worth $10'000 but then crash back down to $10. How would be the best way to react whilst my 1000 coins are worth $10'000 - Also let's imagine these BMF coins are on all the usual crypto exchanges. What would be the best way to safeguard this investment?

 

[Brain]

if I get you correctly I think you might be investing your coins to buy Bitcoin at the price that it is at the moment, then you keep accumulating and holding for the future instead of selling at the slighted gain, then keep for a year or more. Then you sell when the price has gone like 50% or more higher and you would see a huge gain.

 

[Niftyicon]

Hi Guys, Recently I was reading a few consumer reviews that said about people making astronomical gains on Crypto and not being able to take action in time. One guy had over 100k worth of DOGE and because they had some issues with the exchange, they lost the whole lot when it went back down again.

What is the best advice to stop this from happening? - I will use BMF coins as an example. So say I had 1000 BMF coins now that are worth $10 and in 5 years they are worth $10'000 but then crash back down to $10. How would be the best way to react whilst my 1000 coins are worth $10'000 - Also let's imagine these BMF coins are on all the usual crypto exchanges. What would be the best way to safeguard this investment?

The best way to secure profits is for your funds to be converted to stable coins such as BUSD, USDC or USDT.......Those are the coins that don't fluctuate with the market. Whenever, your assets have reached the value you have purposed to take profits, just trade them into one of those stable coins and there would be no depreciation even if the market dips.