Cryptocurrency Bloodbath; How to protect your savings!

in #steemit7 years ago

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Bitcoin has been losing value all month, doesn't mean you have to...
Rumour has it BTC could go as low as $6,000... some experts believe $1,500, if that were to happen a lot of money could be wiped out until BTC bounces back.

I don't trust Tether, and they seem to be under investigation right now, so who know what may happen in the near future...

So moving funds to BitUSD or BitCNY is probably your best bet until this is all over.

BitUSD & BitCNY

bitUSD, BitCNY are price-stable cryptocurrencies on the BitShares blockchain.

Long story short, if you don't have a bitshares account you probably should sign up for one: https://bitshares.org/
The best thing about it is, you'll be able to move funds back and forth with other decentralized exchanges like OpenLedger & CryptoBridge, all with the same username & password. #bitshares