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
Tether is being used to hedge in those kind of big fluctuations. However, if you are in for the long term, then why hedge it? And I do hope that you understand that crypto is really a speculative asset so there's a lot of fluctuations going on. And this kind of wild price swings is somewhat has advantage for us crypto traders. So I can't advise any altcoin, worst they are much unstable as bitcoin is. So it's better to just put your investment on bitcoin only and hold for long term.