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RE: Crypto Markets Investment Strategy- minimize risk and leverage crashes!

in #crypto • 7 years ago

Good point on the USDT! I totally forgot to mention that since yes the USDT is thethered to the $ and can be used as a local alternative and is great to park your 30% reserves. Yet, for cashing out your profits my recommendation is transfer these from the exchange and get them in real $. This way if the exchange implodes you are not stuck with the USDT bag.

7 years ago in #crypto by
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     7 years ago (edited)

    When thinking about strategies...
    Two more thing come to my mind:

    • after another post: some mention a time lag in the trends of the 'following' altcoins vs bitcoin... which could be helpful. I can see that as a theoretical possibility...but not how to use it exactly...For future research :-)
    • maybe the logic itself but: don't judge a coins +/- trends on the trading pairs in your exchange (as the paired currency's trend can create a false impression) but on their absolute value on coinmarketcap...

    [Edit: learning as I speak... I just saw JK mentioning in his videoblog there's a hughe risk of USDT collapsing... endorsing your last point :) !
    https://steemit.com/cryptocurrency/@jeffreykirdeikis/the-great-crypto-correction-of-2018-what-does-the-future-have-in-store ]

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     7 years ago 

    Very good points as well! The laggging trend is interesting one and worth exploring more. As for the true gains and losses of an alrcoin, that is absolutely true! I wrote about this exact thing few weeks ago when ETH was having a bull run and made all ALT coins to drop in price. You can read more on this here.

    https://steemit.com/crypto/@galingv/crypto-investors-beware-of-what-does-alt-coins-true-gains-really-mean

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