i think the best way is to keep 33% of your investment in tether, so that you can buy when market is really down like 20% and you should not rely on your crypto investment for bills.
You are viewing a single comment's thread from:
i think the best way is to keep 33% of your investment in tether, so that you can buy when market is really down like 20% and you should not rely on your crypto investment for bills.
That makes sense to me. I haven't found a reason to buy Tether, but this might be it. I've been keeping crypto-transactional money in bitcoin but it's pretty volatile to say the least.
keeping 33% tether keeps me confident that i have something for backup. but it is also important to decide which levels to buy at dips and if you are to sell at bounces to keep the 33% ratio or not. i keep 33% btc and 33% in alts the ratio between btc and alts keep changing but tether is almost always fixed.
Yes, I've done that also. But got caught when BTC corrected from 9300 to 8200. Open up some loan and now waiting for Bitshares to moon.
i dont have the patience to wait for anything to moon. i have to get out soon or else i end up making silly mistakes. having tether keeps me calm.