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RE: State of the Market - #5 MARKET IN DENIAL

in #cryptocurrency7 years ago

Maybe I'm wrong but I think the price of SBD is a good indicator of whether or not the crypto markets are overbought or oversold. I wish you could store Tether on a hardware wallet. I would not feel comfortable keeping everything on Bittrex in Tether. They own the private keys to those funds and they could get hacked. I still think the absolute safest thing to do is buy actual physical bullion with BTC. If I was looking for a crypto to crypto safe haven I think SBD is probably the route I would take. If nothing else you might be able to buy Steem at a discount if you bought SBD under a dollar.