Thanks @davidhay , very informative as well as your responses, I have never used Tether although I was thinking about it as a mean to lower my exposure to volatility, I have seen comments about using bitUSD instead, what are your thoughts about it?.
Also in your post there is a link to Wikipedia's page on Bitfinex but it says "Bitfenix" just a typo but wanted to let you know. Thanks again!