Is there a decent safe haven for BTC value while price moves lower?


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I am looking for any suggestions for moving BTC to a stable currency or other vehicle for trading purposes. As a trader I used to move from BTC to USD on Bitfinex, but I learned the hard way after their hack last August.

If I do this on Coinbase dont I get charged fees for doing so? I can already see a 1% difference just in their $909 price and $900 value if I sell. I havent looked into their GDAX trading platform yet, but I will have to assess their fees if any as well going from BTC to USD.

Other cryptos like ETH or LTC etc seem to mirror BTC price so thats basically out of the question. Ive considered Vaultoro to convert BTC to gold as another idea.

Essentially I am looking for a safe haven stable way to store my BTC value while BTC price moves lower.

Would love to hear peoples thoughts on this! Thanks!

submitted by /u/cryptoreporter
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247 BTC

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


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