Post
Topic
Board Trading Discussion
Re: Sell all to USDT when everything goes down ?
by
Celebrity
on 17/01/2018, 00:07:38 UTC
Is exchanging all your assets to USDT when everything goes down a valid move ?

It is not the best thing to do at the moment, just keep everything on bitcoin or just buy any other stable altcoin like bitUSD. We all know in here that Tether is highly manipulated by bitfinex, and they can take the control of everything if they want, so for me, it is a huge risk to put your money in usdt.


If you already made good profit, you can consider doing this. I don't do this for example, no need to get back to fiat money. USDT is not even fiat money but you think it is. The best is watching your positions closely.