Post
Topic
Board Altcoin Discussion
Re: Is it ok to convert my BTC savings to Tether when the price is high?
by
tegarp90
on 28/06/2018, 14:18:41 UTC
I'm never able to sell on time... and just regret every that why I did not sell when the price was high.

Actually I don't have any direct option to covert my crypto to USD or any other fiat currency at ease... it take 1-2 weeks minimum or may be more to withdraw money from crypto (due to my geo graphical location). Later I have been thinking since Tether is 1=1 with USD is good idea to convert Bitcoin or any crypto to tether when it's ATH and later buy back when prices are low?

How you guying doing this? Please let me if you have any other idea?

Any replies much appreciated. Thanks

Nothing to regret, no one can predict exactly when the price is high it will go down, you might be thought the price will higher so you not sell.
yes it's good to sell it to thether if you thing the price will go down because thether price is same as dollar, it will not go down or up.