aemma
Copper Member
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Merit: 14
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April 03, 2020, 06:31:15 PM |
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It is not really easy in any place or country, the governments has already started imposing more restrictions and it's not funny at all and with that, comes spikes in the price of goods and services but yet the whole world is hoping for the best. My safe haven? it used to be more of BTC but with current issues around it is now less and more of USDT just in case I find it neccessary to covert to fiat. Even with this, I try to ensure I hold on to USDT hence being ready when opportunity calls to buy some coins because sooner than later a cure will surface.
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Renampun
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April 03, 2020, 07:04:10 PM |
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Bitcoin & USDT...
Bitcoin has proven its resilience to remain high in times of crisis, and USDT is a very stable cryptocurrency because it follows the US Dollar price, as long as the dollar is strong then the USDT will follow, the BTC & USDT is really truly safe haven.
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IMZ Noo Account
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Activity: 746
Merit: 26
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April 03, 2020, 07:39:29 PM |
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GRS, PPC, QRL
And a little 42-coin
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The Legendary 'IMZ' account is/was me. 'IndiaMikeZulu' has been active since May, 2013
BTC: 19ses99BZvyv7y3Dbh39rFnZEdGSh98QNn Peercoin: PFuPgov1ZWoqtmtdET8nS5rij3KHVuZZHC
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Mianae
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April 03, 2020, 08:13:13 PM |
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Fiat is not a currency but it will always be a safe haven in times as the sudden global economy crash which we experienced of recent. There are yet some Altcoins which seems stable to some extent. Tokens such as ADA, Xrp, XLM stayed a little bit put and quickly recovered from the crash as well. I'm not saying they're safe havens but they were strong.
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Denreal
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April 03, 2020, 08:28:06 PM |
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My safe haven is usdt for now, the whole market is being coronated and infected with the virus, so I can't say for others, but as for me, am holding my Fiat and usdt till the market is stable. Except you want to.scalp in trading, then you can check the market for a reasonable coin to trade and get profit, but when it comes to holding in safe haven, then it's usdt.
T think you got my mind there and you read it perfectly well, the only difference is that I still trade. When it comes to safe even, I believe there is no other coin than for you to just hold your stablecoin or fiat on exchange. Although keeping money on the exchange too cannot be totally safe. Meanwhile, you can still keep your stablecoin in your wallet, particularly those that are ERC20 compatible. On the other hand, trading in a fluctuating market can also be a good idea. |
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Slingshot
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April 03, 2020, 08:36:57 PM |
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To me I do not see any coins to be save haven with the way crypto market is, everything is as it is, nothing to trust till market recovers fully but despite the condition of the market there are some projects that seem good because of the people behind it atleast they are trusted and they are men of Cryptocurrency enthusiasts. But not withstanding I prefer anyone seeking for good projects to check CMC and check group so as to follow up and not hook in wrong hands.
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themohit
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April 03, 2020, 08:38:59 PM |
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To me I do not see any coins to be save haven with the way crypto market is, everything is as it is, nothing to trust till market recovers fully but despite the condition of the market there are some projects that seem good because of the people behind it atleast they are trusted and they are men of Cryptocurrency enthusiasts. But not withstanding I prefer anyone seeking for good projects to check CMC and check group so as to follow up and not hook in wrong hands.
what is the point when market "fully recovers" tho? I think it is a very blurred concept. Answering the main question I'd agree anyway - there is no safe haven coin in crypto market. But there are some project worth investing in |
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TheGreatPython
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April 05, 2020, 11:25:20 AM |
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I don’t even have time to be thinking of safe haven. The coins I am holding now is still the coins I’m holding before. If the price is already down, then why should I be swapping to another coin? I already made the loss, so there is no need to be looking for safe haven, I’d rather leave the money there till the price goes up, because I am very sure that no matter what, the price of these cryptocurrencies will still go back up.
As of now I have my money in Bitcoin, Ripple, Litecoin, Ethereum, MTC and waves but that does not mean that my money is in safe heaven but I tried to ensure that the best level I could and the rest is just based on my luck factor. In future, I will keep on looking for new such assured opportunity which means even few fails in my previous selection that may be compensated by new investments.
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ameliana
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April 05, 2020, 12:14:36 PM |
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I personally still rely on investing in top coins, especially like BTC, ETH, BNB, and just added several other altcoins like BAT, OMG, and Chainlink. even though the market situation is still weak but I believe that some of the coins that I have said will have a high selling value someday. on the other hand we are all currently being tested, it is important for investors to always be active and monitor the portfolio that we have in the market.
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Question123
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April 05, 2020, 12:31:22 PM |
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Sorry mate but I do not know the coin you held, there is no safe coin because anytime it possible to decrease but our main priority is bitcoin why? It's because it is main once it dump many altcoins are affected but if it's pump rising will altcoins will happen.
Holding coin is no guarantee that your money will be back or gain because there is a chance that you lose it once dumping market will happen if it's very deep but if little decrement the value they still have chance to recover .
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LuciferMorningstar
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Merit: 10
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April 05, 2020, 02:10:23 PM |
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My safe heaven right now is USDT/BTC pair. Just switch around in case something happens and you will good, catch some profit too. I also have ETH as long time bag since I think ETH really good.
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Eugenar
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April 05, 2020, 08:59:18 PM |
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Most of the common comments here chose the bitcoin as their safe haven as well as me, well, the higher the price of the cryptocurrency then the higher the people will look it as safe haven, even though yhe bitcoins goes down so hard then it would still bounce back to rise again as like before when the bitcoin reaches about 1700$ if I am not mistaken, even now on our current situation, the price of the bitcoin falls to 3,900$ and now it ranges to 6000$-7000$.
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Bitbtc8
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April 10, 2020, 06:55:46 AM |
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While holding Bitcoin if you can notice an incoming price fall you can switch to USDT or other stable coin, doing this will fetch you more bitcoins, it's a very good trick, USDT and BTC are the best safe haven
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kaneki007
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April 10, 2020, 08:16:59 AM |
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Besides BTC and ETH, I still hold several other altcoins that I got from the bounty or airdrop campaign. I do not intend to sell it at this time and will keep waiting until the price is enough to provide profit for me. Even though when altcoin season/bullrun occurs I don't have the chance to sell it, but there is still hope that one day it will happen again.
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ElmedoRator
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April 10, 2020, 01:08:23 PM |
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GRS, PPC, QRL
And a little 42-coin
PPC, QRL Those are shitcoin, how can you be safe when investing in these altcoins? I checked them at coinmarketcap and saw that they had no volume, if you invested in it you would definitely not profit in the future. |
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