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Showing 10 of 10 results by Iloha000
Post
Topic
Board Bitcoin Discussion
Re: Fixing income?
by
Iloha000
on 27/07/2018, 14:57:23 UTC
Well, if you mean that you are willing to keep the value of your income stable then I do believe that Fiat is the best option to avoid the crypto volatility risk. I generally try to spend my 50% of funds as I believe that the movement is a growth and hence we should give first preference to use cryptocurrencies in as it is form. On the other hand, bearing the risk of market volatility is always better than parking funds anywhere in any insecure coin.


I mean i buy bitcoins hold them and when i want to go out i need something where i can store my money till next good point for purchase. Cash out and cash in again is very expensive
I have same minds as you when holding Btc and market going bleeding, in order to take decision sell to fiat or looking another option to hold it as temp. What about using your BTC to buying some collectibles good as collection, go to this section https://bitcointalk.org/index.php?board=217.0 , there are many offers about this.

Good point, thanks!
Post
Topic
Board Bitcoin Discussion
Re: Fixing income?
by
Iloha000
on 27/07/2018, 14:31:28 UTC
How about Abra[1]? They're definitely not as big as Coinbase, but I've used their service multiple times with no problem. Might want to try it out if it supports your country[2].


[1] https://www.abra.com/
[2] https://www.abra.com/where-is-abra-available/
[/quote]



Thank you! I'll check it
Post
Topic
Board Bitcoin Discussion
Re: Fixing income?
by
Iloha000
on 27/07/2018, 13:14:40 UTC
Well, if you mean that you are willing to keep the value of your income stable then I do believe that Fiat is the best option to avoid the crypto volatility risk. I generally try to spend my 50% of funds as I believe that the movement is a growth and hence we should give first preference to use cryptocurrencies in as it is form. On the other hand, bearing the risk of market volatility is always better than parking funds anywhere in any insecure coin.


I mean i buy bitcoins hold them and when i want to go out i need something where i can store my money till next good point for purchase. Cash out and cash in again is very expensive
Post
Topic
Board Bitcoin Discussion
Re: Fixing income?
by
Iloha000
on 27/07/2018, 12:43:58 UTC
Probably exchange your crypto for your country's local currency instead. This depends on what your country is though. If Coinbase supports your country[1], then that MIGHT be your best bet. At least I would probably trust Coinbase more than USDT as I personally don't trust USDT too.


[1] https://support.coinbase.com/customer/en/portal/articles/1392031-what-countries-are-buys-and-sells-available-in-

Unfortunately, coinbase doesnt support my country, so i have a choice between high fees to cash out or take this insane risk for USDT
Post
Topic
Board Bitcoin Discussion
Fixing income from BTC?
by
Iloha000
on 27/07/2018, 12:10:18 UTC
Hello!

I'm very interested how do you fix crypto income. I know that there are some crypto exchanges where you have a crypto-fiat pair but they are small with high fees. I prefer to fix my bitcoin and altcoin income in something stable. As for fiat pairs - no exchanges, for some tokens like Tether or True USD or Havven they look like a scam. However, i like to trade on Binance, so i use Tether as a stable coin but i suggest it is too risky because Tether made a lot of suspicious transactions.

I'd like to know what are you using? Can you give me some advices?
Thanks!

P.S. I mean i dont want to went out to fiat. I'd like to trade but when i want to close my deal and sell the BTC i don't want to go to fiat because it is too expensive.I'll continue my trade in a while, so need not fiat
Post
Topic
Board Altcoin Discussion
Re: TUSD ot USDT?
by
Iloha000
on 09/07/2018, 14:02:55 UTC
There are two cryptocurrency True USD and Tether. The capitalization of both currency are insane! However, Tether is risky because of problems with audit and True USD is questionable with their system! Does someone use it? What is the main function of such coins? Fixing profit?

Does somebody know the similar coin which probably better?

I think it doesn't really matter. As long as they have liquidity to get in an out of Bitcoin without all the KYC insanity which is why most people use these, any of them will do the job, and any of them are equally risky.

I don't see any reason to believe Tether is any safer than TUSD or viceversa. If anything, now that's there's competition in this field, they will try harder to be the best they can. But in any case, never hold long term any of these "USD tokens".

I still cant understand why Tether's capitalization is around 2bln when TUSD is only 80mln but the functions of both coins are the same. Can Tether's team speculate?
Post
Topic
Board Altcoin Discussion
TUSD or USDT?
by
Iloha000
on 09/07/2018, 13:56:27 UTC
There are two cryptocurrency True USD and Tether. The capitalization of both currency are insane! However, Tether is risky because of problems with audit and True USD is questionable with their system! Does someone use it? What is the main function of such coins? Fixing profit?

Does somebody know the similar coin which probably better?
Post
Topic
Board Altcoin Discussion
Re: What is the most glorious coin now?
by
Iloha000
on 06/07/2018, 08:31:11 UTC
Post
Topic
Board Altcoin Discussion
What is the most glorious coin now?
by
Iloha000
on 06/07/2018, 08:17:41 UTC
During the long depression of the bitcoin this question is rather interesting! I know that there are a lot of traders,who fixed their income in Tether, somebody in TrueUSD.
But there are a lot of good tokens like ADA, IOTA, EOS.  Do you think if btc continue to stagnating is other tokens will die too?

Based on the crypto news there are some really huge companies which decide to invest in crypto. Probably, this is the way to rocket alts and pump btc?
Post
Topic
Board Altcoin Discussion
Is TETHER a SCAM?
by
Iloha000
on 04/07/2018, 11:29:02 UTC
I heard that Tether had strange transaction and news about 30mln stolen and so on. However, does smb like it? Do you prefer to use it?

I saw a paper like "audit" when they confirmed $2 ths bln on the bank account of Tether, but it is still questionable. Could it be a huge scam?