Which coins are your safe haven now?

ElmedoRator

full member

Activity: 826

Merit: 104

Quote from: IMZ Noo Account on April 03, 2020, 02:39:29 PM

GRS, PPC, QRL

And a little 42-coin

PPC, QRL Those are shitcoin, how can you be safe when investing in these altcoins? I checked them at coinmarketcap and saw that they had no volume, if you invested in it you would definitely not profit in the future.

kaneki007

sr. member

Activity: 1190

Merit: 257

Besides BTC and ETH, I still hold several other altcoins that I got from the bounty or airdrop campaign. I do not intend to sell it at this time and will keep waiting until the price is enough to provide profit for me. Even though when altcoin season/bullrun occurs I don't have the chance to sell it, but there is still hope that one day it will happen again.

Bitbtc8

full member

Activity: 1148

Merit: 116

While holding Bitcoin if you can notice an incoming price fall you can switch to USDT or other stable coin, doing this will fetch you more bitcoins, it's a very good trick, USDT and BTC are the best safe haven

Eugenar

sr. member

Activity: 1274

Merit: 278

Most of the common comments here chose the bitcoin as their safe haven as well as me, well, the higher the price of the cryptocurrency then the higher the people will look it as safe haven, even though yhe bitcoins goes down so hard then it would still bounce back to rise again as like before when the bitcoin reaches about 1700$ if I am not mistaken, even now on our current situation, the price of the bitcoin falls to 3,900$ and now it ranges to 6000$-7000$.

LuciferMorningstar

member

Activity: 124

Merit: 10

My safe heaven right now is USDT/BTC pair. Just switch around in case something happens and you will good, catch some profit too. I also have ETH as long time bag since I think ETH really good.

Question123

sr. member

Activity: 1624

Merit: 267

Sorry mate but I do not know the coin you held, there is no safe coin because anytime it possible to decrease but our main priority is bitcoin why? It's because it is main once it dump many altcoins are affected but if it's pump rising will altcoins will happen.

Holding coin is no guarantee that your money will be back or gain because there is a chance that you lose it once dumping market will happen if it's very deep but if little decrement the value they still have chance to recover .

ameliana

full member

Activity: 887

Merit: 100

I personally still rely on investing in top coins, especially like BTC, ETH, BNB, and just added several other altcoins like BAT, OMG, and Chainlink. even though the market situation is still weak but I believe that some of the coins that I have said will have a high selling value someday. on the other hand we are all currently being tested, it is important for investors to always be active and monitor the portfolio that we have in the market.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

I don’t even have time to be thinking of safe haven. The coins I am holding now is still the coins I’m holding before. If the price is already down, then why should I be swapping to another coin? I already made the loss, so there is no need to be looking for safe haven, I’d rather leave the money there till the price goes up, because I am very sure that no matter what, the price of these cryptocurrencies will still go back up.

As of now I have my money in Bitcoin, Ripple, Litecoin, Ethereum, MTC and waves but that does not mean that my money is in safe heaven but I tried to ensure that the best level I could and the rest is just based on my luck factor. In future, I will keep on looking for new such assured opportunity which means even few fails in my previous selection that may be compensated by new investments.

themohit

full member

Activity: 194

Merit: 100

Quote from: Slingshot on April 03, 2020, 03:36:57 PM

To me I do not see any coins to be save haven with the way crypto market is, everything is as it is, nothing to trust till market recovers fully but despite the condition of the market there are some projects that seem good because of the people behind it atleast they are trusted and they are men of Cryptocurrency enthusiasts. But not withstanding I prefer anyone seeking for good projects to check CMC and check group so as to follow up and not hook in wrong hands.

what is the point when market "fully recovers" tho?
I think it is a very blurred concept.

Answering the main question I'd agree anyway - there is no safe haven coin in crypto market.
But there are some project worth investing in

Slingshot

sr. member

Activity: 616

Merit: 250

To me I do not see any coins to be save haven with the way crypto market is, everything is as it is, nothing to trust till market recovers fully but despite the condition of the market there are some projects that seem good because of the people behind it atleast they are trusted and they are men of Cryptocurrency enthusiasts. But not withstanding I prefer anyone seeking for good projects to check CMC and check group so as to follow up and not hook in wrong hands.

Denreal

jr. member

Activity: 784

Merit: 6

Quote from: akwfleaspirit on April 02, 2020, 02:30:19 PM

My safe haven is usdt for now, the whole market is being coronated and infected with the virus, so I can't say for others, but as for me, am holding my Fiat and usdt till the market is stable. Except you want to.scalp in trading, then you can check the market for a reasonable coin to trade and get profit, but when it comes to holding in safe haven, then it's usdt.

T think you got my mind there and you read it perfectly well, the only difference is that I still trade. When it comes to safe even, I believe there is no other coin than for you to just hold your stablecoin or fiat on exchange. Although keeping money on the exchange too cannot be totally safe. Meanwhile, you can still keep your stablecoin in your wallet, particularly those that are ERC20 compatible. On the other hand, trading in a fluctuating market can also be a good idea.

Mianae

member

Activity: 798

Merit: 14

Fiat is not a currency but it will always be a safe haven in times as the sudden global economy crash which we experienced of recent. There are yet some Altcoins which seems stable to some extent. Tokens such as ADA, Xrp, XLM stayed a little bit put and quickly recovered from the crash as well. I'm not saying they're safe havens but they were strong.

IMZ Noo Account

member

Activity: 746

Merit: 26

GRS, PPC, QRL

And a little 42-coin

Renampun

sr. member

Activity: 2338

Merit: 365

Bitcoin & USDT...
Bitcoin has proven its resilience to remain high in times of crisis, and USDT is a very stable cryptocurrency because it follows the US Dollar price, as long as the dollar is strong then the USDT will follow, the BTC & USDT is really truly safe haven.

aemma

copper member

Activity: 966

Merit: 14

It is not really easy in any place or country, the governments has already started imposing more restrictions and it's not funny at all and with that, comes spikes in the price of goods and services but yet the whole world is hoping for the best. My safe haven? it used to be more of BTC but with current issues around it is now less and more of USDT just in case I find it neccessary to covert to fiat. Even with this, I try to ensure I hold on to USDT hence being ready when opportunity calls to buy some coins because sooner than later a cure will surface.

nutriagrigia

sr. member

Activity: 1270

Merit: 254

Oikos.cash | Decentralized Finance on Tron

Quote from: akwfleaspirit on April 02, 2020, 02:30:19 PM

My safe haven is usdt for now, the whole market is being coronated and infected with the virus, so I can't say for others, but as for me, am holding my Fiat and usdt till the market is stable. Except you want to.scalp in trading, then you can check the market for a reasonable coin to trade and get profit, but when it comes to holding in safe haven, then it's usdt.

Well, now it’s obviously better to hold usdt because bitcoin has already grown to 7 thousand and the probability that it will now begin to rise above 7500 is very small. most likely you will have the opportunity to buy bitcoin for 5 thousand again.

bearexin

full member

Activity: 1162

Merit: 168

Right now bonds and hedge funds are not safe neither, there is absolutely nothing safe right now at all, everything is quite dangerous. That is why there was so much demand for USDT for example, people didn't want to stay in cash neither, but didn't want to leave crypto neither, so they stay in usdt for now.

Bitcoin, ethereum, eos, bnb all looking like they are quite dangerous as well, the safest one is bitcoin obviously but even that dropped a bit, so there is nothing really "safe". However there are ones that we trust for the future, they are doing fine and I think they will be better in the end when this is all over, all of them will go above the price it used to be like a month ago, it will just take some time, probably will be better during this summer.

akwfleaspirit

member

Activity: 163

Merit: 10

My safe haven is usdt for now, the whole market is being coronated and infected with the virus, so I can't say for others, but as for me, am holding my Fiat and usdt till the market is stable. Except you want to.scalp in trading, then you can check the market for a reasonable coin to trade and get profit, but when it comes to holding in safe haven, then it's usdt.

ShowOff

legendary

Activity: 2618

Merit: 1181

Quote from: gweedo on April 02, 2020, 06:46:30 AM

-snip-

If you are a day trader, it will be difficult for you to save or not sell bitcoin when the price is dump. But if you are a long-term investor or trader, maybe you dont need to panic to cut losses when bitcoin prices dump because of the belief and habit that prices will recover both in the near future or a little longer and its called a market cycle and I am sure the crypto market will be like that forever.

Efforts to keep the capital used for trading purposes stable then a trader must cut losses when asset prices dump and almost all daily traders or short-term traders do it or they have to make other efforts to recover their capital and so far I only think that they will choose stable coins like USDT and the like to secure capital.

gweedo

legendary

Activity: 1498

Merit: 1000

USDT has always been the safest option whenever this market collapsed, and that is the way for me to survive in this market until now. Also you can keep bitcoin and don't need to panic if you trust it. Prices will undoubtedly recover soon in the future and only need a little patience

Topic: Which coins are your safe haven now? (Read 932 times)