|
January 30, 2018, 03:36:57 PM |
|
I'm waiting that some coins fall below a certain price so that I can strengthen my position in that coin. But because I do want to be prepared I need to inject new funds into the exchange. I do know about the transfer fees and so on, but my main question is what is the best coin to reserve this funds in.
Let's take an example: I'm waiting on Elixir to drop below $0,55. If this happens I do want to double the amount of shares in Elix. I'm going to trade this on Kucoin. So, I can now convert Fiat money into DGB or LTC and transfer this to one of the 2 exchanges. On both exchanges Elixir is only traded against BTC.
Can I best convert the funds to BTC and then wait? Or are there safer coins to which I convert it in, so that it better retains its value? Tether due to the uncertainties is not an option for me. Thx!
|