Post
Topic
Board Altcoin Discussion
Re: Is it ok to convert my BTC savings to Tether when the price is high?
by
surgical_duude
on 03/07/2018, 16:57:01 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?


Basically, that's a great tactic. The question is: "When will you exchange USDT into BTC again?". That is the key to this idea. In short, this strategy is suitable for people with good trading skills. You may need more experience to be able to do it in a good way.