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Question: What's your top three pointers for new traders  (Voting closed: September 04, 2019, 10:39:58 PM)
Briefly explain your main trade points - 2 (66.7%)
Put it all out there we can compile a grand trading strategy from eachother - 1 (33.3%)
Total Voters: 3

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Author Topic: Trade strategy / top three pointers for newbire!!  (Read 283 times)
BitHodler
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August 30, 2019, 10:54:20 PM
 #21

Wait, dont tell me it is going to be USDT?
Well then, I would rather pick Ethereum than it. Sure it aint that stable but it will be easy to come back since the price is getting cheaper.
There is USDC in case the trust in USDT isn't there, which is perfectly understandable. Ethereum isn't a good option with how volatile it is, and just because it has gone down a lot doesn't mean it's suddenly a good option.

If we look at the most stable top tier altcoin, then it definitely is XRP, but still, it can't compete with the characteristics stablecoins offer. People may not like their centralized nature, but they're doing their job exceptionally well.

There is a decentralized stablecoin called Dai, which operates on Ethereum, but there is little adoption and therefore not a good option if you want to take advantage of arbitrage opportunities across multiple platforms.

BSV is not the real Bcash. Bcash is the real Bcash.
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