Is there a way to not convert to fiat and still lock in some profits from BTC?
Is there an altcoin that either moves inversely to BTC o,r even better, is linked to some other asset, like gold or real estate- something else?
Is there a true gold backed coin/asset that is legit? or a legitimate USD or other more stable asset? I had read that Tether has issues.
Thanks all!
No, there isn't.
First, by principle you can't "lock in some profits" and not convert your BTC holdings out of BTC. That's like saying you can't be hot and cold at the same time.
You can hedge your BTC investment by investing in other cryptocoins, or...leaving some of your savings in Fiat since we all know that fiat is extremely stable in the near term (obviously over 20 years you'll lose spending power, but that's a different story). There isn't any crypto currency that's been known to have an inverse correlation to Bitcoin, meaning when Bitcoin goes down some coin always goes up. This market hasn't been around long enough to establish those relationships yet.
