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RE: Bitcoin (BTC) Technical analysis - Steps to $4800?
Hi, thanks for the message.
I'm seeing that not only Bitcoin, bust most cryptocurrencies are falling. Is there any (more or less) secure choice for selling Bitcoins if we don't want to buy fiat money?
Look how close ETH and BTC are following each other:
Thanks. Do you think that ETH can be a protection against BTC fallings? I'm interested in diversification.
According to other people way more knowledgeable than I am, the short answer is "no". The safest option is to put most, if not all, into USDT and then maybe use that to short BTC and ETH in a "bear market".....Then wait for the bottom and load up again to trade.
But as I said....I am still a noob and dont do this for a living....so others may have a more informed opinion / analysis on this.