Avoid losing money with bitcoins

[Redix]

first if you want to cash out your money is by using the bank account, However seeing that you are under 18, it may be difficult. Why don't you use your parent's identity? Actually, saving Bitcoin in some exchanges may be risky for you. or, there are some accidents where some exchanges are hacked. You must also think about security.

[Heleon]

If i get you, you want to learn how to preserve your portfolio in case of a drop in the price of bitcoin, you can convert your bitcoin to some stable coin.

[rituvohra01]

I really agree with that preserve your portfolio. So be careful if you use the bank passbook.

[Redix]

If i get you, you want to learn how to preserve your portfolio in case of a drop in the price of bitcoin, you can convert your bitcoin to some stable coin.

For now, I think Bitcoin is the best coin to hold since it is the most consistent coin to increase. Personally, I never think to convert my Bitcoin to other coins, especially to stable coins [Ex: Tether, USD Coin]. It will be worthless and less potential to gain profits.

[vanjava]

If your Bitcoin has fallen and you don't want to lose money, it hasn't sold. Hold your bitcoin until the price recovers. You only lose if you sell. but now the conditions are different, bitcoin is precisely in improvement and recovery.