During times of crypto blood bath,I prefer to sell off my portfolios and buy USD Tether which usually fluctuates minimally.Any better options or thoughts on this?
It is a good strategy to buy usdt when the market is down. But you should be extremely attentive, because there were a good deal of nasty news about usdt. Nevertheless, Goldman Sachs have bought Poloniex recently, so things cant be too bad..!
USDT can't be relied upon, there are alternatives though that people can use as these stable coins(nubits,bitusd,trueusd) use collaterals to provide stability/$1 pegging. i encourage people use dollar pegged stable coins like trueusd,bitusd or nubits.