BTC ADVICE CHRISTMAS

[Diete]

Hi

I made like $1000 in btc and I do not want to lose it now...

it dropped like $400 in the past 1-2 hours...

What is the safest thing to do here? Will it drop more or is it because of christmas.

Is there any way cheap way I can store it somewhere like USD

 

[Nino]

You can convert it into usdt, the price will 99,9% of the time be around the $1 mark

 

[lebgh0st]

Use binance/bittrex and convert them to USDT.

 

Hi

I made like $1000 in btc and I do not want to lose it now...

it dropped like $400 in the past 1-2 hours...

What is the safest thing to do here? Will it drop more or is it because of christmas.

Is there any way cheap way I can store it somewhere like USD

Convert it to USDT (Tether). It saved us a couple hundred in potential losses overnight.

 

[lebgh0st]

Convert it to USDT (Tether). It saved us a couple hundred in potential losses overnight.

P.S: Don't rely on tether all the time, sometimes it can be manipulated by exchanges (Bitfinex) as it occurred a while ago.

 

[acetradin]

USD (tether) would be your safest bet for a while.