No I actually just tripled my money going all in on ripple, but I am 100% in USDT right now. Any other asinine assumptions you would like to make? Please hold your coins. You are much smarter than me.
Ok everyone, give a round of applause 👏 for I trust no one...he triple with ripple!
One more person told but you better get back to ripple. Because USD coins are not trustable for me generally. If you get fiat cash, that's good, but for others, I don't know. For ripple, the spike will happen early-mid 2018.
I understand the risks of USDT. I think it is much lower than the risk of holding anything else at the moment. Trading back to fiat would be ideal, but if I trade for fiat back at coinbase then it will get reported to the IRS, something I want to avoid. I'll probably wait for the BTC crash, buy ripple around the bottom and ride it back up once more as BTC bounces back to ~$10k, then cash everything out for a while, into real cash. I think BTC is entering a bear market. I don't know how ripple will react in this situation. If I do hold any crypto it will be ripple. I have no interest in bitcoin, ethereum, or any of the others. But I'm taking a wait and see approach for a while.