Post
Topic
Board Speculation
Re: What if bitcoin crash, could you put your money in another currency to be safe?
by
Vendetta666
on 05/07/2018, 12:01:30 UTC
For example, if bitcoin is going to crash and I exchanged it into $1200 Ethereum lets say. And it goes down to $800 USD, will the Ethereum value go down?

Could you exchange your bitcoin into another currency to be protected from a crash?
I think Coins like Doge, LTC , USDCOIN all of these are 99.9% stable always in the same price, 0.01% prob that you are very very very unlucky and it drop when you buy but I don't think it will happen.

What do you think ?
What I will do is stay hold. Especially I believe the bitcoin price will increase in the next few years. So the best thing to do is take advantage of the price of bitcoins while its price is still cheap. Because I'm sure I'll be able to earn a lot of money here and get rid of all my losses.