i think the best way is to keep 33% of your investment in tether, so that you can buy when market is really down like 20% and you should not rely on your crypto investment for bills.
RE: How to save your crypto when market is down
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How to save your crypto when market is down
That makes sense to me. I haven't found a reason to buy Tether, but this might be it. I've been keeping crypto-transactional money in bitcoin but it's pretty volatile to say the least.
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keeping 33% tether keeps me confident that i have something for backup. but it is also important to decide which levels to buy at dips and if you are to sell at bounces to keep the 33% ratio or not. i keep 33% btc and 33% in alts the ratio between btc and alts keep changing but tether is almost always fixed.
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Yes, I've done that also. But got caught when BTC corrected from 9300 to 8200. Open up some loan and now waiting for Bitshares to moon.
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i dont have the patience to wait for anything to moon. i have to get out soon or else i end up making silly mistakes. having tether keeps me calm.
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