faitaccompli (OP)
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August 22, 2017, 11:44:39 PM |
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Ok so I'm in a situation right now where I may need to sell some of my bitcoins at any time. But because of its volatility, I'd rather sell the bitcoins right now ahead of time for alts, then sell the alts when I need fiat. So my question is very simple. Which alts are most stable? I will be holding the alts for about a few weeks to a month and just basically need a safe non-volatile coin that I don't have to worry about tanking 10% in value overnight or something.
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thompshma
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August 23, 2017, 12:17:25 AM |
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I think ETH is. It has been hovering around 300 for a long time in alt world. I thinks its going to stay there or higher for a very very long time. If you must go into an alt its your safest bet.
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Sephire
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August 23, 2017, 12:25:35 AM |
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It is extremely hard to find an alt that is more stable than bitcoin! Best alternative for this purpose may be Tether (USDT) that is pegged to USD $1.00 most of the time.
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Leass
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August 23, 2017, 12:29:19 AM |
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Well imo it'll be LTC - it's hovering between 42-47$, when BTC spikes hard. If You'll look at chart, it's going slowly up all time. Also there wasn't any hard dumps/pumps recently on LTC.
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greyworld
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August 23, 2017, 12:46:51 AM |
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I'd go with OMG, although a 10% or higher drop is not terribly uncommon. Mostly it's moving up though.
CVC might be worth a look too.
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thangoffshore
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August 23, 2017, 12:54:47 AM |
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Tether price is stable because it is its nature, the intention of who created it. Other alts of course want the price up and up and up. The most stable among them is undoubtedly LTC, even some people call it the rock for its stable.
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faitaccompli (OP)
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August 23, 2017, 01:59:26 AM |
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Thanks for the answers and guess can't really go wrong with ETH and LTC. OMG is interesting but really prefer to go with an established crypto. Going to the moon is nice but trying to be as risk averse as possible.
Tether is interesting though. As I don't follow alts too closely, isn't there some controversy surrounding it and bitfinex? If I understand it right, it was created by bitfinex and possibly involved in some shady activities on their exchange? Is this something to be worried about?
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Cootie
Full Member
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Merit: 102
Bounty Detective
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August 23, 2017, 12:20:39 PM |
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I think ETH is. It has been hovering around 300 for a long time in alt world. I thinks its going to stay there or higher for a very very long time. If you must go into an alt its your safest bet.
I agree. Even etherium is slowly progressing, it doesn't mean that it is on a problem. Take note that it is progressing, no matter how slow is that, as long as it is moving, that's all that matters. It is just on a slow, stable state, providing lesser risks, compare to impulsive one, which can rise rapidly then fall immediately.
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Bowtiesarecool
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August 23, 2017, 01:06:03 PM |
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Might want to add WAVES to that list too. It's been very stable of late too
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trumper
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August 23, 2017, 01:16:03 PM |
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In fact volatility doesn't matter if a coin is as strong as bitcoin. You should just trust your coin and not care about volatility. Etc and monero are stable coins.
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cryptothreads
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August 23, 2017, 01:18:26 PM |
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DASH, ETH, CVC are the most stable markets today as it always has good prices so investors can make easy profits. I think in the future these altcoins will have very high prices and be able to compete with Bitcoin
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CrowdFunder
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August 23, 2017, 01:21:14 PM |
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Stratis is pretty stable also, I mean anything around 120k low for a longtime is great to me for a coin that went from nothing to 400k satoshi, in a short time. I own like 20% of my assets in Stratis, can't go wrong with this one too
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pedrog
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August 23, 2017, 02:05:54 PM |
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Ok so I'm in a situation right now where I may need to sell some of my bitcoins at any time. But because of its volatility, I'd rather sell the bitcoins right now ahead of time for alts, then sell the alts when I need fiat. So my question is very simple. Which alts are most stable? I will be holding the alts for about a few weeks to a month and just basically need a safe non-volatile coin that I don't have to worry about tanking 10% in value overnight or something.
Litecoin is known for its stable dollar price, but if you really want stability use Tether, it's pegged with US dollar. You aren't going to find better than this, you know this market is volatile.
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yillusion
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August 23, 2017, 02:33:53 PM |
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surely its eth, but i will recommend you OMG, which has a good performance since the ICO, and still has great potential, it has strong background and VB as aadvisor
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whiteblue
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August 23, 2017, 02:48:37 PM |
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I think most stable altcoin is eth or ltc ... but all price to see price bitcoin,if bitcoin Going to the moon .. more altcoin can be decreased .. but eth and ltc will adjusting to price bitcoin , a little decreases not higher .. j
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Antivoid
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August 23, 2017, 03:21:22 PM |
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surely its eth, but i will recommend you OMG, which has a good performance since the ICO, and still has great potential, it has strong background and VB as aadvisor
i agree with you, VB advise two projects recently, one is OMG, another is the upcoming kyber, both are very hot, the kyber slack has nearly 30000 members and is shut for join
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Bowtiesarecool
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August 23, 2017, 03:37:50 PM |
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surely its eth, but i will recommend you OMG, which has a good performance since the ICO, and still has great potential, it has strong background and VB as aadvisor
i agree with you, VB advise two projects recently, one is OMG, another is the upcoming kyber, both are very hot, the kyber slack has nearly 30000 members and is shut for join OP is looking for stable alts, not alts that are currently pumping
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makishart
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August 23, 2017, 03:51:42 PM |
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It just a stable coin due to the dev of the project itself. unproffesional developers try to build the token that based on the dividend. I just consider the sonm token as a security token rather than assets. I may stay away from there.
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