Hi guys and ladies,
as I can assess, right now, bitcoin is at its high turning point (11k USD), as well as some other altcoins I am holding. So I soon expect great loss from the price drop.
I would like to find a currency that prevents this loss from fluctuation.
Tether f.e. (handled in BTC) fluctuates exactly the same as bitcoin in USD.
Which altcoin would you advise for short / long term stability?
Thanx in advance
authentist
You are expecting a great loss soon, then why don't you sell your coins and when the price falls, buy whatever you sold. You get back your coins and your profits. Or don't sell any of your coins. You won't make any loss if you don't sell your coins. Even if the price drops, you still have a same amount of coins. Just keep holding it (unless its one of those random shit altcoins that you are holding), since the price is bound to recover in the long run.
If you are looking for a stability, invest on something else like gold. Cryptocurrencies aren't stable (unless you hold those stable coins. Buy why?)