Monday, 14 December 2020

How to weather the incoming tether+btc storm

I am curious about the community's thoughts on tether (USDT) bringing down BTC.

See the first 25 mins of this video for an outline: https://youtu.be/qzDjJ-SrojY

If BTC's price goes down drastically, it'll bring many smaller coins down with it, probably including BCH. I am trying to figure out how I can stay invested in crypto without being too exposed to this potential collapse. The only thing that occurs to me is moving investments to another stablecoin (USDC maybe?).

For the sake of discussion let's assume that the USDT ponzi scheme collapse will actually happen .

submitted by /u/ritherz
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source https://www.reddit.com/r/btc/comments/kcpanx/how_to_weather_the_incoming_tetherbtc_storm/

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