When dealing with cryptocurrency, crashes are going to be inevitable. That is why it is important to continue finding creative ways to minimize your losses. One method that I have found useful, although not for everyone, is putting your bitcoin into Bitconnect (or a similar program possibly) prior to or during a crash. Here are some reasons I have found this effective:
- Although your investment will be tied up for some time it will not lose value, being transferred to USD it will hold the exact value that it had prior to the crash.
- Not only will you be not be losing money on your hard earned BTC gains, but you will also be gaining a profit. From my experience you will be paid roughly 1% daily (based on volatility) which you can either reinvest or pull out as profit.
- The more volatility in the market the more you are paid. If the markets are crashing you will be one of the few in the game still earning a profit in this downtrend.
- If the market is at a low you may use your daily profits to invest in either Bitconnect Coin (BCC) or Bitcoin (BTC), enabling you to increase profitability even more.
Join Bitconnect: http://bit.ly/2wckD3I
