What is a good flight to safety?

[European Central Bank]

I haven't looked much into tether, but I've read that it is "verifiablely" backed by $1 cash per each tether issued.  I'm not sure how such a thing is proven, though, even the reports I've read say the accounting is certified, but I'm not sure I entirely trust that.  I've read that Tether is supposed to move to an ERC20 token at some point, as well, not that it changes my opinion for the better or worse ... just a side note.  It does seem to be the most stable coin through recent declines, though.  

There is also DigixDOA, which is supposedly backed by 1 gram of gold per Digix, but that hasn't handled the recent down turns with the stability I'd expect from an asset that is backed by gold.  Unfortunately, I think those may be your only options if you want to keep your money in the cyrpto world during a crash.  Hopefully well get more options.  

Nothing is proven or guaranteed with tether. Maybe they'll come up with some evidence but until then you're having to trust bitfinex who do not deserve any trust.

And why would anyone choose another crappy coin no one's heard of with alleged backing?

As a true safe haven no crypto cuts it. End of.

[Cryptoraptor]

Bitcoin is sometimes touted as a flight to safety, but what I'm interested to learn is, if you feel the BTC market is due for a correction, what would your choice be for shelter from the storm, that allowed you to quickly get back in the market when you feel the bottom is in?

In the country I stay in they put severe capital controls on limiting the amount of money that can exit the system (conveniently they have no restriction on how much you can bring in).

I was thinking of something like Tether, but it doesn't appear to have much traction, and the hardware wallets that I have (Trezor and a couple of Ledgers) don't support it so far as I know.

So if you have more coins than you are comfortable parking on an exchange (essentially, any amount above zero for me), and you wanted to go to something with low volatility for a few days/weeks/months, what would be your choice?

Diversify your portfolio with some staking coins, buy gold and silver, or just hold (paper wallet).  No need to move it unless you might need the liquidity on short notice.  

If you have some staking coins you can take the profits and roll them into BTC as they stake or just let the magic of compound interest do its thing.

Edit:

If you just want to keep your BTC off an exchange then something like Bitkee might be an option - bitkee.com

[piloder]

If you just want to keep your BTC off an exchange then something like Bitkee might be an option - bitkee.com

Haven't heard about them before, price looks quite expensive and similar to other hardware wallets which have better functionality and security.

Trezor and ledger nano seems best option for hardware wallet right now.

[bitart]

If you just want to keep your BTC off an exchange then something like Bitkee might be an option - bitkee.com

Haven't heard about them before, price looks quite expensive and similar to other hardware wallets which have better functionality and security.

Trezor and ledger nano seems best option for hardware wallet right now.

Ledger Nano S has a long waiting que. They notify the customers that shipping is about 1 month from the order, mine has been shipped 6 (!) weeks after the order, and I was happy, because I was expected much longer waiting period, despite of the official communication... I have no information about Trezor, but in February, March, they had also this backorder and were shipping after 1 month.