I have decided to show 3 latest graphs in this post for you to decide yourself.
BTCUSDT: This shows the statistical representation of Bitcoin against Tether.
1USDT = Approx. 1USD
BTCETH: This shows the statistical representation of Ethereum against Bitcoin. The basket of different ICOs
BTCSC: This shows the statistical representation of Siacoin against Bitcoin. A lot of traders earlier had hope on Siacoin, we can all see where it is now.
My decision: From the two altcoins and one tether graphs. It can be deduced that in cases like this converting to altcoins doesn't seem to be a wise idea while coverting btc to tether seems to be the best option because bitcoin is a measure of all other Cryptocurrencies therefore a drastic fall in price of bitcoin results in same of altcoins.
The decision of the writer is to covert to USDT and rest.
#Disclaimer: The above analysis is for educational purposes only. You have a right to your own decision.
It wouldn't be bad to drop your thoughts of the current Cryptocurrency market situation and suggested solution in the comment box.馃憤 馃憤
