Which coins are your safe haven now?

[tomahawk9]

Watch out, guys, OP is very likely a paid shill for a shitcoin called "Newscrypto (NWC)". OP has been posting regularly over the past few weeks and most of the posts contain NWC stuff (posting has all the red flags of a paid shill).

People behind shitcoins like this one do this (it's like an online campaign) to attract newbies and get them to buy this piece of poo, then the early adopters as well as the devs will dump on the newcomers after a certain price target is met and you're left holding worthless bags of vaporware.

What to do: 1) Add OP's account to your ignore list. 2) Stay away from whatever garbage-coin this user is shilling.

[Youghoor]

The entire market is in chaos and there is not much good assets to invest in but I am currently putting my hopes in BNB, ETH, DIVI and BTC. These coins are way down at the moment and once the chaos of Corona Virus is down I believe the market is going to bounce back.

[SheriffEl]

There's no safe haven now 
Everything is on RED, only stable coins are doing what they have to do 

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

I agree, however some coins are performing better than the others hehe.

Thank god its halving in few months eh?

[DarkDays]

I'm around 95% in USD Coin (USDC) and True USD (TUSD) right now.

I still don't trust Tether (USDT) after it was proven to be operating a fractional reserve. Nonetheless, Tether still seems to be the strongest stablecoin in terms of maintaining its dollar peg.

Right now tether is down 1%, while most other stablecoins are down around 2%.

Excellent opportunity to grab some guaranteed profits by buying stablecoins right now.

[SheriffEl]

Watch out, guys, OP is very likely a paid shill for a shitcoin called "Newscrypto (NWC)". OP has been posting regularly over the past few weeks and most of the posts contain NWC stuff (posting has all the red flags of a paid shill).

People behind shitcoins like this one do this (it's like an online campaign) to attract newbies and get them to buy this piece of poo, then the early adopters as well as the devs will dump on the newcomers after a certain price target is met and you're left holding worthless bags of vaporware.

What to do: 1) Add OP's account to your ignore list. 2) Stay away from whatever garbage-coin this user is shilling.

Of course, i'm their supporter that's why i mention them all the time. I'm not hiding that.. The people of this forum get offended really quickly. Isn't this forum a place where you can share your opinion?

[SheriffEl]

I'm around 95% in USD Coin (USDC) and True USD (TUSD) right now.

I still don't trust Tether (USDT) after it was proven to be operating a fractional reserve. Nonetheless, Tether still seems to be the strongest stablecoin in terms of maintaining its dollar peg.

Right now tether is down 1%, while most other stablecoins are down around 2%.

Excellent opportunity to grab some guaranteed profits by buying stablecoins right now.

Lol, making money with stable coins is real haha!

[seoincorporation]

I think ETH is a good option nowadays, it should have a nice bump this year because we have the bitcoin halving and the ETH 2.0 launching. So, from my point of view is one of the best options.

[nelson4lov]

Talking about safe haven, most people stayed in BTC (myself included) because the popular opinion was that Bitcoin was a safe haven asset. It's too quick to forgot what happened last week. Even top alts on Binance like $BNB, $MATIC and even $LINK (Yes, Chainlink) were all dumping massively. The news at that time was that they lost 50 - 80% of value – Link flash crashed on Binance which left some people happy and others not so much.. Contrary to popular opinions, I feel that staying in USD-pegged tokens are our best bet at the moment if we're concerned about preserving our portfolio value. The goal has always been about not losing our capital/portfolio value.

[cabron]

You should be looking it the otherway though. Since BAT for example is a good coin that is on the market for years, the project didn't die after the 3 years of devastating bear market, you could say its a safe token. As long as you are holding a good coin and a projects that is being used and still alive today, its safe. If you sell it for USD or local fiat then you can say its not safe anymore. You can spend it all in matter of hours.

[cassavachips]

Everything is red, it is difficult to determine but because I am late to release the ethereum above, I still entrust to hold in ethereum even though it's disappointing

[jrrsparkles]

People chooses stable coins like tether to save them from huge capital losses but those are not really safe to hold in these situation because we can't say that stable coins were backed up by real value and even fiat money losing its value due to outbreak so nothing is on safer side now.Such a pathetic condition of crypto market just like the global economy.

[cunguks]

Everything is red, it is difficult to determine but because I am late to release the ethereum above, I still entrust to hold in ethereum even though it's disappointing

just believe in this market and don't give up because the market will return to increase. if you still have better capital to buy more, because now you can get it at a very cheap price.
I happened to sell when the increase occurred and save in USDT. I get twice the profit from selling my ETH and from increasing the value of USDT on fiat in my country.

[Moeda]

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?

Yes. What you choose also has good potential going forward. But have you ever tried to glance at EOS. The EOS price is right for the current purchase price. I think EOS is the right choice. I often monitor EOS, if coins are increasing, EOS is in the best coins.
The current price of EOS is $ 1.9. EOS habits are at $ 3.
But this is my opinion, because I often try to play with EOS.

[Wintersoldier]

Stable coins are the only coins that is being used as a safe haven assets like USDT that it is not very often for it's price to increase or decrease, that is why it is just like a fiat currency that it is only good for buying goods in online. USDT is not good for long term investment, so if you want to maintain your investment continue to hold your bitcoins and other cryptocurrencies.

[ReiMomo]

Well if anyone has their coins hodled in USDT then they're better to stay for now at that coin, even our money are kinda quarantined in some coins because of the market condition right now.
Since I am stuck with Bitcoin, that's my safe haven now. I guess some people in the other thread claimed that Bitcoin isn't a safe haven for anyone's asset.
I might consider buying more, but since we can't really earn even outside our home, I might need some time.

Diverting into a stable coin is a good choice if you are concern about the dollar or if you have a plan to convert into fiat.
No, you are wrong. Bitcoin is a safe haven if you have a patient on it to wait at the right time and cut your profit once the Bitcoin price climbing again. But if you just wanted to have a profit in a short period of time, frankly speaking, there's no safe haven in crypto if you wanted to have that.

[Chuky92]

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?

Ideas will vary of course but as it stands now, I can say there are mostly two safe havens now or 2 coins which can act as a safe havens and they are USDT and Bitcoin. Once the market was dumping many people converted to USDT to reduce loss while most who are long term holders stuck to their Bitcoin owing to the fact that it always offers more chances of survival and profit once the market changes for good. Also, there are some people holding both of them just to be on the safer side. Ethereum, in my own opinion can also be a safe haven but Bitcoin offers faster and more reliable chances than it.

[dainoran]

For the coins that I hold, I still believe in ETH until now, although the price of bitcoin is affecting altcoin, but I still believe there will be a big change this year.

[travwill]

There is no safe zone \ coin \ asset. The best thing you could do before falling is to transfer all your money into one of the stable coins.
This would help you survive the crisis with minimal loss. Trying to hide in coins that have the same volatility as everyone else is just ridiculous.

[ScamViruS]

No coins are safe heaven. However, if you buy top coins, your losses will be slightly lower if the market goes bad. I would say it would be good to buy eth now. It is cheap now. When the market starts to recover, of course eth will recover also. I kept my BTC and eth hold. I think now Trading is risky.

[SheriffEl]

Talking about safe haven, most people stayed in BTC (myself included) because the popular opinion was that Bitcoin was a safe haven asset. It's too quick to forgot what happened last week. Even top alts on Binance like $BNB, $MATIC and even $LINK (Yes, Chainlink) were all dumping massively. The news at that time was that they lost 50 - 80% of value – Link flash crashed on Binance which left some people happy and others not so much.. Contrary to popular opinions, I feel that staying in USD-pegged tokens are our best bet at the moment if we're concerned about preserving our portfolio value. The goal has always been about not losing our capital/portfolio value.

I also left my money in BTC, of course, no one could expect this will happen... However, i wish i would find a coin that did not lose that much value, that's why i mentioned NWC in the thread as the went from 0.025 to 0.02.

I believe there are many coins that did not suffer that much from this crisis, that's why i opened this thread.