Post
Topic
Board Trading Discussion
Re: Buying USDT during crypto dips.your thoughts.
by
Alex077
on 23/03/2018, 14:01:07 UTC
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?
isn't that the main real use of USDT? as a "hedge" tool in this crazy volatile cryptocurrency markets
if you think USDT is used to easily cashout or move your crypto, Roll Eyes you should think twice
your action holding USDT as a way to temporary store and protect your $$ value is considered good
although you might miss the profit opportunity when there is a sudden price increase in BTC/US$ fiat market Tongue
The thing is, all the exchanges with a large number of Altcoins work with USDT, and dollar is not in use there. 
Aside from Bitfinex, which had issues with the withdrawal of the dollar for a long time, all the other exchanges work with USDT, 
Binance, Poloniex, Bitrex... Bitstamp is a good exchange to work with dollar, it operates with large volumes of trades, but there are few crypto-coins in turnover there.