Post
Topic
Board Altcoin Discussion
Re: In Bearish Phase, Is This a Good Move to safe Capital?
by
cytpoway121
on 21/03/2020, 18:39:21 UTC
Much of this month has been a time of turmoil for markets across the world. Even Bitcoin, the primary cryptocurrency, has fallen from $8000 to $5000. Currently, there are no clear signs of whether bulls are going to take control, but Bitcoin’s current oddly high correlation with traditional assets has held its price low. While many cryptocurrencies are now sitting on the stands, stablecoins have picked up. After the recent market meltdown, there had been a rapid growth in the stablecoin demand.


When it comes to moving capital, i think it should depend on basic variances, why ?
Either you are in a bull run or bearish run; you can basically move capital when you are in profit.

When you say stable coins picked up, i do not really understand, but high demand for stable coin means people converted their crypto currency to tether.
You can do likewise, and always dyor