Vlad if you had some bitcoin would it be a good idea to sell for usdt tether and buy it back if it drops far or wait for bch dip and buy some?
I’m a bit suspicious about holding tether. Mass amounts of new tether has been coming on the market and I’m not convinced it’s all legit. I would hold the dollar if you’re gonna cash out.
That said, I’d keep holding BTC until maybe the 24th-25th, and then start buying BCH on dips. BTC will probably keep going up until the next diff change on the 26th. If BCH starts to pump hard I would keep buying BCH or move to $, cause the odds are high BTC is gonna get stuck in groundhog’s day.
And accumulate some BTX here under $30. Excellent hedge and risk reward.
As I was saying, about feeling suspicious about buying/holding tether. Stick with the $$$ if you wanna cash out.
—
Tether Critical Announcement
Yesterday, we discovered that funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker. Tether integrators must take immediate action, as discussed below, to prevent further ecosystem disruption.
$30,950,010 USDT was removed from the Tether Treasury wallet on November 19, 2017 and sent to an unauthorized bitcoin address. As Tether is the issuer of the USDT managed asset, we will not redeem any of the stolen tokens, and we are in the process of attempting token recovery to prevent them from entering the broader ecosystem. The attacker is holding funds in the following address: 16tg2RJuEPtZooy18Wxn2me2RhUdC94N7r.