However, my coins are actually held on exchanges (binance, kucoin, coinbase and poloniex)
When I bought the coins, i had the option of choosing which trading pair to buy with. For example, when buying CTSI, it gave me the option to buy CTSI/BTC or CTSI/USDT and some others which I can’t recall
At the time of purchase, I used USDT to buy CTSI/USDT.
I am hold coins and do not buy and sell on a regular basis.
Doing further research, I understand USDT may collapse in the future so I think I’ve made a mistake by buying CTSI paired with USDT
Would you guys advise I need to do anything or am I getting confused and CTSI value will be CTSI value regardless of if it was bought as CTSI/USDT or CTSI/BTC?
Many thanks
If you hold the coin for the long term, what's the fact if you buy it with USDT or BTC? Just buy the coins and hold them. It does not matter or make any change if you buy it with USDT or BTC.
But if you want to keep your Portfolio stable then convert your Crypto to USDT and wait for re-buy. And if you want to covert your crypto to BTC, it may increase/decrease based on BTC price movement.