πŸ”΅ ULTIMATE CASH OUT PLAN!!! [PART 2] – Taking Profit w/Bitcoin & Altcoins - Gold vs Silver vs Stocks

1

  • 27
  • 0
  • 2.419
  • Reply

  • Open in the desktop app ADD TO PLAYLIST

    colintalkscrypto

    Published on Nov 06, 2021
    About :

    YouTube link:

    BUY GOLD WITH CRYPTO: https://goldsilver.com?aff=CTC
    ColinTalksCrypto Bitcoin Bull Run Index: https://cbbi.info
    Watch PART 1 of this video:


    This is part 2 of the ULTIMATE CASH OUT PLAN.

    What if CBBI goes to 90, 91, 92 and then back to 88? Will I sell on the way down? No. Corrections happen and this will happen likely at the top. One must have the mental fortitude to stick with a plan. That’s why having a good plan is the important part.

    More on timing of altcoins for taking profits. Since, as we discussed, it’s about 3 weeks average for altcoins to peak after bitcoin, and it takes about 12 days to go from 90-100 on the CBBI, I will wait until CBBI reaches 100 (or the nearest peak to 100 and start my 2-4 week timer from that point for alt coins), selling leather market cap alts sooner and lower market cap alts later.

    Notes on precious metals: Reason for Gold Vs Silver: Gold has a less expensive bullion premium than silver. For example, 4% vs 9%.

    Another reason I’m using the UST stablecoin from Terra is because it offers high interest ratesβ€” much higher than a traditional bank account. I plan on earning passive income with as much of my cashed-out funds as possible. This is where stabletokens come into play.

    Do not forget about taxes. I live in Puerto Rico where I get 0% on capital gains. But if you live in the United States or another country with capital gains then this is an important thing to factor in, based on your income bracket. It can be as high as 40% of your total earnings or as little as 20%, depending on whether it’s short-term or long-term gains and depending on your income level and what country you live on.

    Why don't I cash out into stocks? Personally, I am not going to be doing this, but you can if you want to.

    You can cash out into any assets that you think will hold purchasing power better than Bitcoin/crypto during a steep bear market drop following a blow-off-top.

    β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬

    Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

    #bitcoin #btc #crypto #cryptocurrency #news #cbbi #blockchain #price

    β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬

    ⚑ ColinTalksCrypto.com ⚑
    ⚑ CBBI.info ⚑
    πŸ’œ Tip me with crypto & leave me a note: https://cointr.ee/ctc
    πŸ’œ Donation wallet QR codes:
    πŸ’œ Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF
    πŸ’œ Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0
    πŸ’œ Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t
    πŸ’œ EOS account: colintcrypto

    πŸ’— YouTube: http://youtube.com/ColinTalksCrypto
    πŸ’— Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto)
    πŸ’— 3Speak: https://3speak.online/user/colintalkscrypto
    πŸ’— BitChute: https://bitchute.com/channel/colintalkscrypto/
    πŸ’— BitClout: https://bitclout.com/u/ColinTalksCrypto
    πŸ’— BitTubers: https://bittubers.com/profile/ColinTalksCrypto
    πŸ’— D.Tube: https://d.tube/#!/c/colintalkscrypto
    πŸ’— Facebook: https://fb.me/ColinTalksCryptocurrency
    πŸ’— Float: https://flote.app/colintalkscrypto
    πŸ’— GETTR: https://gettr.com/user/colintcrypto
    πŸ’— Gab: https://gab.com/ColinTalksCrypto
    πŸ’— Noise.Cash: https://noise.cash/u/ColinTalksCrypto
    πŸ’— Odysee/LBRY: https://odysee.com/@colintalkscrypto
    πŸ’— Parler: https://parler.com/profile/Colintalkscrypto
    πŸ’— PeakD: https://peakd.com/@colintalkscrypto
    πŸ’— Read.Cash: https://read.cash/@ColinTalksCrypto
    πŸ’— Rumble: https://rumble.com/c/c-392465
    πŸ’— SoundCloud (Songs): https://soundcloud.com/colin-talks-crypto
    πŸ’— Steemit: https://steemit.com/@colintalkscrypto
    πŸ’— Uptrennd: https://uptrennd.com/user/colintalkscrypto

    Tags :

    bitcoin cbbi bull run index profits

    Woo! This creator can upvote comments using 3speak's stake today because they are a top performing creator! Leave a quality comment relating to their content and you could receive an upvote worth at least a dollar.

    Their limit for today is $0!
    Comments:
    Time until colintalkscrypto can give away $0 to their commenters.
    0 Days 0 Hours 0 Minutes 0 Seconds
    Reply:

    To comment on this video please connect a HIVE account to your profile: Connect HIVE Account

    More Videos

    24:55
    109 views 3 years ago $
    00:26
    0 views a year ago $
    02:18
    7 views 4 years ago $
    22:48
    1 views 9 months ago $
    14:06
    2 views 2 years ago $
    14:35
    9 views 9 months ago $