Now it's time to Swap BTC to Stablecoin

[Suba]

Bitcoin price has passed $91k, so it's time for me to start swapping Bitcoin to Stablecoin at least 10% of my portfolio or the amount of Btc I have. and if the price has reached $100k by the end of November then I will swap 20%. I think the Bitcoin price has peaked and it's time to start taking profit from the investment. and I predict that in December there will most likely be a Btc price correction or a drop of at least 10% from the peak price. and later we can buy Btc with stablecoin. Have you swapped Btc to stablecoin or USD?

 

[magnus2022]

Well, it seems to be a bright idea but i see bitcoin crossing over 120k. Bitcoin will continue to rise till next year! Bitcoin will start to stabilize after the inauguration of the president elect. A lot of cryptocurrency enthusiasts are of the opinion that Donald Trump will make policies that will favour cryptocurrency markets. That's my opinion, don't rely on it.

 

[Nomad]

If you bought bitcoin for the price between $50-$60K, you will be making a lot of profit with the price point of $90k so I think it is better to swap with stable coin.

 

[Augusta]

Yeah it is not a bad idea if that is what will help one gain more profit why not. You go ahead with it after deciding it right

 

[Fidelia]

For me, I won't swap bitcoin as at now. I would still wait out for it to hit $120k. I am not in a hurry to sell. I can even wait till next year.