Hey guys,
I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
if you have a lot of funds I advise you to mediate and divide into three equal parts. Divide everything into usdt, usdc and dai, in this way you will split the risk. You can also think to invest them in lending or staking and earn extra profit from them.
Dividing asset in various stablecoins definitely a good idea but considering the current fee and most of the stablecoins only available in ethereum blockchain, which means ERC-20 tokens and have ridiculous fee price.
I think it's better to rethink whether he really need to save it for long term or short term, in case of long term he will be fine because he can wait until the fee problem settle down first otherwise he need to take advantage of the TRC-20 version of USDT.