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Author Topic: Which coins are your safe haven now?  (Read 887 times)
FanEagle
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March 22, 2020, 03:16:30 PM
 #101

Honestly? Monero. I know it went from being a 85 dollar coin to 35 dollar coin in just the last one month but it is also the greatest thing you can use to get away from all of this without anyone really following you. You can put ALL your money into monero and nobody will know it is there, when the whole world economy collapses the governments will come for everything you have and I do not trust bitcoin 100% anymore, if you have monero tho you can definitely be seen as hidden.

I know no government will work towards finding out how much bitcoin you are holding, that is too much work for them and they will instead do stocks/gold and basically all your cash in all savings accounts and combining all of that will be enough, however just in case one more step of protection by moving from btc to monero could be advantageous.

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March 22, 2020, 07:06:45 PM
 #102

Rightly i haven't safe any coins at this moment basically this time better for focus short time trading. Other point if you want safe some coin then you can choice Bitcoin right now. In fact btc is the real promising coin where have more promising profits after as ever time.
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March 22, 2020, 09:58:35 PM
 #103

Rightly i haven't safe any coins at this moment basically this time better for focus short time trading. Other point if you want safe some coin then you can choice Bitcoin right now. In fact btc is the real promising coin where have more promising profits after as ever time.
I, too, no longer try to keep a large cryptocurrency portfolio. Of the Altcoins, I have only Litecoin and Binance coin left. I think that the Binance coin will grow well in value even this difficult year.


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gundala
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March 22, 2020, 10:02:54 PM
 #104

~~

What's your story?

Which coin is your safe haven?
Safe haven does not seem to be the right diction, because of the extreme market movements, world economy is not good enough. This is a challenge for all of us, train mentally and confident in trading and investing. The key is you have a strategy and do an independent analysis, don't panic, don't FOMO.
I prefer to hold BTC over altcoin. I avoid the new altcoin because the risk is higher. The price of BTC moves to the extreme, let alone the decline on single day last week which made me unsteady but I chose to hold on.

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March 22, 2020, 10:19:07 PM
Last edit: March 23, 2020, 01:24:08 AM by KimmyF
 #105

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?
Old and top is like safe haven but choose new for projects for profits. Your opinion weren't so bad, I hold some Harmony, XNS, Credits and Vechain. Top 10 coin isn't suitable for me to hold long time. Although during bullrun all coin will give high profits if survive this coin until that time. Next plans is in one coin have to invest highest money which will safe haven.
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March 22, 2020, 10:36:24 PM
 #106

Initially, bitcoin had been the coin that i hold for long term but for about a year i decided to try some altcoins as well and it has been great all these while. I have been holding BNB, ETH and LINk for quite sometime now and i know these projects are going to come out great in the near future to increase my profits.

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March 22, 2020, 10:40:29 PM
 #107

Initially, bitcoin had been the coin that i hold for long term but for about a year i decided to try some altcoins as well and it has been great all these while. I have been holding BNB, ETH and LINk for quite sometime now and i know these projects are going to come out great in the near future to increase my profits.
indeed the current condition is better to save assets in the form of cryptocurrency with coins that have a little supply would be better like bitcoin is a very smart choice but for altcoin I think it has a very high risk because there is more supply than interested ones.
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March 23, 2020, 02:47:53 PM
 #108

at the moment I have nothing better to do short trading when you see the opportunity to buy, then sell and repeat again.
if you really do not want to do the long term, it is normal to keep BTC, and some good alt.
but I prefer to do short trading at the moment.

isnt the market a bit unstable now to be shorting? Eg. look at BTC today... I wouldnt say its safe to short
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March 23, 2020, 03:00:19 PM
 #109

With this crisis we are all currently in to, for me, I would still consider Bitcoin as my safe haven despite of the fact that it is indeed the price of it is hitting too low because of what is happening in our world right now but still for me it is the safest cryptocurrency that I can entrust and do believe to make a big possibility to recover since Bitcoin have already surpassed lots of odds and circumstances and still manages to recover after that. With the current situation we have wherein all the cryptocurrencies are all in the red marks, I would still choose Bitcoin more than any other cryptocurrencies because for me it is still the safest one that I can have. Aside from Bitcoin, I am also currently holding into Ethereum, Litecoin and Ripple for I also believe those Altcoins can have a greater possibility to improve and recover their prices once all this problems have been vanished and once the market recovers from its loss.

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March 23, 2020, 05:35:48 PM
 #110

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 will be brief. Of all the altcoins, Ethereum prefers me more. And most of my funds are in it. If it falls, then I buy it. If it grows, then I rejoice). Although I most likely make the mistake of keeping most of my funds in one asset.
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March 23, 2020, 06:03:46 PM
 #111

Do not pick any safe haven altcoins because none of them are more safe than others when it comes to market collapsing. You can find a coin that is better for profiting and I can understand that, it has always been something very differentiating because some coins make more profit than the others, however when it comes to losing money all coins lose money except bitcoin which still goes down but not as much as the other ones.

Look at ethereum for example, it was around 250 bucks and moved to 100 bucks or even lower at around 90 bucks for a while, where as bitcoin was 7.5k and moved to 5k mostly (sure it went a bit lower as well but rebounded) so as you can see when it comes to losing there are no safe havens in altcoins, only bitcoin, when it comes to winning, we have some profitable ones.

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March 23, 2020, 06:10:10 PM
 #112

Initially, bitcoin had been the coin that i hold for long term but for about a year i decided to try some altcoins as well and it has been great all these while. I have been holding BNB, ETH and LINk for quite sometime now and i know these projects are going to come out great in the near future to increase my profits.

I would applaud your choices on altcoins. Most of them have good future potential. BNB is the exchange coin of Binance, which is the largest cryptocurrency exchange if we consider the volumes and turnover. ETH is regarded as the king of altcoins, ever since its listing in 2014. Even now, they have the best development team among all the altcoins. Chainlink is one of the most potential new altcoins and it may give good returns in the near future.
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March 23, 2020, 06:16:29 PM
 #113

in this industry you cannot be safe or avoid the risk of investing in digital currencies. We all know that investing in crypto involves risk taking, and you need to understand it before making a decision here. related to this I personally always believe that bitcoin investment is very feasible as well as to secure your money here, if you don't want to take high risks.

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March 23, 2020, 06:37:41 PM
 #114

In times of COVID Digital money is the perfect solution - no touching, no transmission
My portfolio is really hurting right now, apart from TEM which seems to be stable.
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March 24, 2020, 01:29:41 PM
 #115

Honestly? Monero. I know it went from being a 85 dollar coin to 35 dollar coin in just the last one month but it is also the greatest thing you can use to get away from all of this without anyone really following you. You can put ALL your money into monero and nobody will know it is there, when the whole world economy collapses the governments will come for everything you have and I do not trust bitcoin 100% anymore, if you have monero tho you can definitely be seen as hidden.

I know no government will work towards finding out how much bitcoin you are holding, that is too much work for them and they will instead do stocks/gold and basically all your cash in all savings accounts and combining all of that will be enough, however just in case one more step of protection by moving from btc to monero could be advantageous.

True, even the feds said that the prefer seing criminals use BTC than monero as they can track it easier haha.
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March 26, 2020, 08:48:19 AM
 #116

In times of COVID Digital money is the perfect solution - no touching, no transmission
My portfolio is really hurting right now, apart from TEM which seems to be stable.

If we examine beforehand, actually digital money is not only the perfect solution in the current coronavirus, but before the existence of coronavirus digital money is a good solution to be used as a medium of exchange. therefore it's time we turn to digital money to be used as a medium of exchange in everyday transactions.
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March 26, 2020, 08:58:19 AM
 #117

USDT is my only option from the beginning of March until now, I am still waiting for the market to continue going down to be able to buy a few altcoins at a better price. In the current dangerous period, it is best not to hold Bitcoin or any altcoin because its price can collapse quickly and make you serious loss.

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wozzek23
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March 29, 2020, 01:32:11 PM
 #118

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..
BAT? You mean Basic Attention Token? I also invested in BAT. I don’t think any coin in the market now is worth more than its price in the last one month, even there is they will just be a few of them. BAT price plummeted to 0.09 USD and has moved up to 0.14+ USD as of recent that the market has been recovering.

Bitcoin has been my safe haven right from time, I don’t think there is anytime I don’t invest in bitcoin, more than 50% of my investments goes to Bitcoin and to me it’s really good choice more than others. Other altcoins I have invested in Litecoin, BCH, Kyber Network, and Ripple.
Bitbtc8
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March 29, 2020, 02:05:36 PM
 #119

If you need money instantly it's better to stick with stable coin and Fiat but if you are still in this crypto game bitcoin is your best bet as the value will sooner or later grow up again

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jessyj48
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March 29, 2020, 02:28:52 PM
 #120

Usdt is the best because Bitcoin and others are still in danger of going down still, I suggest you hold stable coins or Fiat right now unless you are into crypto for a long ride

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