During the long depression of the bitcoin this question is rather interesting! I know that there are a lot of traders,who fixed their income in Tether, somebody in TrueUSD.
But there are a lot of good tokens like ADA, IOTA, EOS. Do you think if btc continue to stagnating is other tokens will die too?
Based on the crypto news there are some really huge companies which decide to invest in crypto. Probably, this is the way to rocket alts and pump btc?
there was a time that I love IOTA the most, but for such a long time and it didn't prove anything. I think it's still worth to invest but not love it like before
to me, ADA is now the most potential coin that could save my year.
I became disenchanted with IOTA the moment I learned their model doesn't really work. Yes, it is fast, and yes, it is cheap, but they are forgetting the most important part: security!!
What is the point if they are neglecting security? Their model was already exploited, as of right now, I would be scared to own any considerable amounts of money in IOTA, or any other of these weird currencies in which there is no proof of work. I need to see a clear explanation in why they would be as as safe as Bitcoin, for me to move any amounts of considerable money into these new systems, until then it is simply too much risk.