SheriffEl (OP)
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March 17, 2020, 01:58:24 PM |
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Hey
So, since the crisis has just begun imo, which coins are you guys holding? who do you trust?
I am a proud holder of NWC, KAVA, and BAT for some time now. Or at least I wish I could say I'm proud for all them haha. Kava and Bat are testing my patience lately, but I ain't sellin'!! Time to buy more..
Whereas these NwC guys came up with a solution on how to keep HODLers in these tough times. Some sort of Holders event, exciting idea for me as a holder type of guy.
But, that's my opinion.
What about you Bitcointalk people?
What's your story?
Which coin is your safe haven?
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rdluffy
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March 17, 2020, 02:17:08 PM |
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There's no safe haven now ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Everything is on RED, only stable coins are doing what they have to do ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'm holding my coins without selling or trading, I only bought some BTC and ETH , it's cheap now and soon or later the prices will get back to normal
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Furryball
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March 17, 2020, 02:19:43 PM |
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Bitcoin is safe haven for me, people should stop talking as if it's over for crypto, it's not, I prefer having 1 BTC than holding 4k in stable coin because I know what that 1BTC can become in future, I care less about present value right now
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Kunnu
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March 17, 2020, 02:23:11 PM |
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I would pick kcs here because I think in this bearish market its performance is quite good as we know that kcs is native token of kucoin exchange which is one of the most reliable cryptocurrency exchange till date that's the main reason for me to trust on kcs and I hope it won't disappoint.
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Simple_
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March 17, 2020, 02:35:27 PM |
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There's no safe haven in bear market, except for USDT or any other stable coins, providing that you had a nice cash out before market went down. The only thing you can do now is to choose your action. If you are holding bitcoin, then keep track closely on good altcoins and buy them at decent prices. Remember to spare some bitcoin to DCA. If you're holding stable coins, do the same thing but with bitcoin instead of altcoins. And if you're holding altcoins and loosing money, you're a poor trader for not knowing to cut losses.
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mahilchii
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March 17, 2020, 02:38:19 PM |
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The entire crypto forum has been signalling red and you are talking about safe haven, to me I don't see any coin performing in this ridiculous situation. However I will still go with ETH as it has strong potentials to bounce back again, apart from that I suggest you to research on TRON and try to invest in this coin. I do see a bright future ahead for this coin.
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royalfestus
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March 17, 2020, 02:38:37 PM |
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Stable coin is the emergency coin for some traders but no one knows how long it will go but for long term investors and traders, they still stay with their bitcoin and ethereum, could even buy more.It is just the wealth transfer process in the space, unfortunately such an uncontrollable circumstance caused it. I sense the dump could pump the price more this year if the pandemic is arrested early in the year. I will buy bitcoin and ethereum in any market condition
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OasisDre
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March 17, 2020, 02:39:59 PM |
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Holding stable coins now is just plain stupid, I'd rather buy NEO, EOS OKB, these coins are very good for short or long term holding,and right now they are extremely cheap, it doesn't make any sense to hold USDT when all coins drop in value, take advantage
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20kevin20
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March 17, 2020, 02:41:24 PM |
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I never put my eggs in a single basket so crypto-wise I'm in with at least 20 alts + BTC. I think that is "safe" enough. But I wouldn't consider now crypto a good refuge. Could be a good idea to purchase right now but you should expect another possible round of dumps in the market. Hence, cash is gonna be king for a while.. until the FUD ends in the markets.
Afterwards, commodities & probably crypto will likely launch off. It's a matter of time, but only few are able to hold cash, commodities and crypto at the same time and trade them at the right time.. unless you have insider information.
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masterrex
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March 17, 2020, 02:44:47 PM Last edit: March 17, 2020, 02:55:46 PM by masterrex |
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Hey
So, since the crisis has just begun imo, which coins are you guys holding? who do you trust?
I am a proud holder of NWC, KAVA, and BAT for some time now. Or at least I wish I could say I'm proud for all them haha. Kava and Bat are testing my patience lately, but I ain't sellin'!! Time to buy more..
Whereas these NwC guys came up with a solution on how to keep HODLers in these tough times. Some sort of Holders event, exciting idea for me as a holder type of guy.
But, that's my opinion.
What about you Bitcointalk people?
What's your story?
Which coin is your safe haven?
I think most of all cryptocurrency in the market is suffered from a sudden downfall of the cryptocurrency prices only the stable coins are considered a safe-haven nowadays, Fiat-backed and Gold Backed stable coins have not been affected by the current market downfall. on the other hand, some cryptocurrency is showing resistance although it was also hit by the price slides but only a minimal percentage, unlike Bitcoin and Ethereum that suffered almost fifty percent of its price.
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Winscosinally
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March 17, 2020, 02:47:11 PM |
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Top coins in crypto space are all safe haven , a new opportunities have arise and no doing anything about that is unwise, many coins are too costly weeks back and now they aren't anymore, why won't many start buying instead of worrying about Bitcoin value?
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thesmallgod
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March 17, 2020, 02:56:29 PM |
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if you have fiat you can cash on most top 10 coins. Including bitcoin. Almost all of them have drop to at least 50% of their values in few days. I hodl EOS and the price has dropped from $3.8 to below $2 so if you hav fiat you can buy EOS. Eth too is also hovering around $116 so for me it is a great time to fill your wallet. For some of us that already hodl many of this coin, we have no option to keep them save and hope better day will come ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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jakelyson
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March 17, 2020, 02:58:35 PM |
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Bitcoin is safe haven for me, people should stop talking as if it's over for crypto, it's not, I prefer having 1 BTC than holding 4k in stable coin because I know what that 1BTC can become in future, I care less about present value right now
Bitcoin is not really a safe haven but a risky investment. But we are holding into its performance in the past. History will show us that bitcoin always bounce back after a big dip. It may take some time, a few months to a year but it always bounces back and even make a new all-time high in the process.
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shoreno
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March 17, 2020, 03:02:05 PM |
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strange coins you get there huh . never heard of the two but im familiar with bat , its basic attention token right ? i saw the coin long time ago on a demo trade . in the situation that we have right now , where cryptos are also droping .
i dont think there are called safe haven because all of the coins drop thier value so no one is safe for now but investment wise i think i will only go on btc because i trust this coin . btc are the one that will recover first more than anything else .
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ethereumhunter
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March 17, 2020, 03:02:49 PM |
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No coin can be a safe haven for us even if we have bitcoin because bitcoin price is up and down every day, and we don't know if, in this day, bitcoin price will be increased. But if you use crypto as your long term investment, then you will see that your investment will be an increase in the future, but the question is how long you should hold your coins. That still a problem for us since we don't know when is the right time to sell our coin, but we have a sign to sell, which is when the price starts to increase, that will be the time for us to sell that coin.
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sheenshane
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March 17, 2020, 03:04:10 PM |
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That is right, there is no safe haven but remember that dont focus on one coin. Choose potential altcoins and you should always have prioritized to Bitcoin since it is near to safe haven as what of you have said. It's better to accumulate now using your fiat while all crypto price in the market was very cheap. Just like what I had done yesterday since I dont have BNB coin in my portfolio I bought some of them. I know that when bullish will come I might get profit on it.
You're always safe if you are a long term holding and of course monitor always the market even once a week isn't bad.
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lobo13hf
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March 17, 2020, 03:40:39 PM |
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Im holding more than 85% of my assets into the USDT form and i can make a lot of bucks right now if i m trying to go back to the market again. Im also still holding some into the bitcoin form that can be liquidated into the stable coin easily while some percents are still on the altcoin form. Im holding coin that faced less bearish chart compared with another altcoin just like tezos, chainlink and many more. Im also shorting bearish trend coin on binance.
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LbtalkL
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March 17, 2020, 03:42:52 PM |
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I don't have to think about your question it is very obvious the safest coins to invest in spot trading is Bitcoin but I don't recommend on leverage trading because you might be liquidated in no time If your planning to HODL just store it in your wallet, not on the exchange. You have mentioned decent altcoins but I don't trust some altcoins right now I go for the best shot which is BTC.
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Latviand
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March 17, 2020, 03:53:22 PM |
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I would stick with Bitcoin as my main cryptoinvestment. Although, I have other crypto holdings such as Ethereum, Ripple and the likes, I do more hope that it is Bitcoin that would result to big profit in the future once the market recover, more than my other investments. Bitcoin is just that promising despite of the huge decline in its market price. Actually, I am planning to invest more into it, if its price will go lower, because for me, that would be a huge opportunity. I do worry at this point but I would more stick with what I have seen before. The market price was way lower before, but a major bullrun occured, and that is what I am anticipating , in the future. Bitcoin is safe haven for me, people should stop talking as if it's over for crypto, it's not, I prefer having 1 BTC than holding 4k in stable coin because I know what that 1BTC can become in future, I care less about present value right now
Bitcoin is not really a safe haven but a risky investment. But we are holding into its performance in the past. History will show us that bitcoin always bounce back after a big dip. It may take some time, a few months to a year but it always bounces back and even make a new all-time high in the process. It is really not, it is more of an investment. But to some people, it is a safe haven because for them, they have assurance that its market price will recover from huge declines, despite of uncertainty to when will exactly such thing would occur. It is in the first place a digital currency, but due to volatility, it became an investment, and turned to an investment kind of safe haven. It does sound ironic, more like risking for assurance in the future, also expecting a profit from a safe haven. But, that's how strang cryptoindustry is.
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Nekkyush
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March 17, 2020, 03:55:55 PM |
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My favorite is always Bitcoin and ETH. This period I thought to hold my heart strong and keep some OGN and WRX tokens. I have my doubts about these coins but a trader got to get a big n strong heart to make it. Wish me luck.
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