RE: PermaCryptoFolio Weekly Status Report 25/2017 - IOTA added to new FLIPPER portfolio

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PermaCryptoFolio Weekly Status Report 25/2017 - IOTA added to new FLIPPER portfolio

in permacryptofolio •  7 years ago 

This is super cool! I've been messing around with the idea of a passive crypto portfolio for a while now but it's awesome to find someone who's simulating the idea. I have a question about your distribution, how safe do you feel holding USDT as a fiat equivalent? I tend to try and ignore the FUD but there seems to be a little too much floating around USDT for me to consider holding it, I'm interested to hear if you have any of the same concerns or if you think the worry is baseless.

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Hello stormingj, for NEMO I risk to hold some funds in USDT, but for the new FLIPPER I completely switched to SBD. Of course SBD is not really pegged, but the more it swings up and down, the better for the performance (as long as SBD does not default).

The reason for SBD sounds solid enough and would certainly be my preferred approach to USD. I'm going to build a portfolio like this for myself so I'll be sure to take the idea into account, thanks!