After recent dump is it still safe to hodl on to our existing bitcoin or convert it to USDT? I have just converted my bitcoin into USDT and I will be monitoring the market closely with multiple reminders to buy back when the value starts increasing so that I don't use my existing balance and eventually buyback more than I have right now? How many of you agree with my idea? Kindly share your suggestions.
Great idea, you made the right choice.
You've converted independent money that nobody can take from you (Bitcoin) into worthless fake USDt that isn't even backed 1:1 by USD but is trying to make people think that it is. You have effectively changed digital gold to an IOU and on top of that you did it after a major dump orchestrated by Bitmex and some other leveraged trading exchanges.
Pixie85 you made a clear point here. Many people don't understand the true power of Bitcoin, and I must add some other
alt-coins. There is more behind crypto-currencies than just a dollar value, but many don't see that. They just think how much
dollars they can make.
I didn't sell anything! My portfolio is down a lot, but I don't care, I think Bitcoin is the future. Some people make a difference
between centralized and decentralized systems, and with time there will be more of us who understand it!