Quote from: rozak on Today at 01:07:11 AM

Quote from: kurniawan05 on November 28, 2022, 11:44:55 PM

If you want to maintain the value of your coin then the choice is USDT, but for recovery after a market crash I think BNB is a good choice, I noticed that the value of BNB tends to rise faster when compared to other altcoins.

when market conditions are trending down, we can take advantage of holding stable assets such as USDT. but when conditions are under the current conditions, buying altcoins will be better for developing the value of the assets we have.
but to be honest, BNB is not a great asset for us to keep long-term. some people may like BNB for the long term, but they should still be careful. especially if you continue to keep it on the exchange. We have seen several times that the Binance exchange has been hacked. this should be a warning to us.

I think that will depend on the person because I think some will just go with the flow. They dont like using stable coin because they know that their coins can always recover and also if the price is dumping and then you convert your volatile coins to stable coins, you will incur some losses. We also dont know the movement of the price and what if the price won't continue dipping anymore? We are only going to waste some fees there for conversion. I think for me, I will just prepare and use stablecoins for buying more volatile coins once the market is dumping or in bearish mode. Bnb on the other hand is a good coin which can work for long term but indeed that we shouldn't store our bnb or any other cryptos inside a cex as that is risky. Many cex'es are collapsing and the recent one is ftx.