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RE: I lost more than 1 000 000 $ profits during the bear market because I didnt cashed out in Fiat!
That's tough but I think there are a lot of rich people that never sell. It will be unlucky if another bull run doesn't happen and then you'll be doing great. I thought I was clever, buying some NuBits, that were supposed to be pegged to the dollar. Unfortunately, the peg broke and they're down 90%. I was going to buy Tether but was put off by all the FUD. That's my lesson from the bear market, lucky I didn't put too much into NuBits.
thats right, now we are looking like complete idiots, but I am sure time will come where all this will get us bad ass results later! Whoever has Fiat now and will start to expose the market will be on the winner side in my opinion of course! I also never trusted tether or other pegged assets but now we have some good solutions like BITUSD or WavesDollar which are stable Currencys which I trust more than Tether or others.