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RE: What do you buy today from cryptos ?

in #bitcoin7 years ago

EOS, Steem and BTS have to be up there. The issue I have is that most of my crypto money is in crypto. When the market moves in lock step I can’t really sell out. If I sell into fiat to wait it out, I generate a tax liability. I could use tether I suppose but I don’t trust it!

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Those 3 you listed are my favorites, along with Bitcoin and Stellar Lumens.

I’ve also got btc, some bch I never got around to selling and a small amount of eth. I sold all my stellar shortly after claiming it as it wasn’t doing much. It’s gained since then but not sure if it’s gained against btc!
I think if you hold some btc, bts, EOS and Steem you can’t go far wrong.

Are you trading Bitshares on a centralized exchange? Move your cryptos to the Open Ledger app on Bitshares and you can move in/out of USD with no central authority watching your back!

Of course, I use the Bitshares decentralized exchange. It's really amazing and growing every day with more users. I'm surprised more people don't know about it!

No I’m trading bitshares on the bitshares exchange. But you still have counter party risk and you are not exempt from taxes or providing info etc just because it’s decebtralised!

Bitshares huh I'll have to check that out! Is this the one they been saying makes coinbase irrelevant?

I use tether just to stop loss then role right back out and buy cheaper when all goes as planned like this last dip

I have looked at this but I’m still not convinced that tether isn’t a scam!