Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
The idea of putting money into Tether has been expressed many times. But sometimes I feel that its not worth doing that as you would end up in the loss if the prices start coming for the altcoins that you exchanged with the Tether. You will have zero time before you could get back all your alts and then benefit from the price rise. We all hold the coins in their original forms because we believe that their prices will rise in the value and then we will end up above the break even point thus making huge profits. On the other hand if you put everything into the USDT then you will just lock down your altcoins with specific price. Thats loss in long terms.