Hello There,
I am getting pretty tired of watching my funds freshly withdrawn from a bookie jumping around in price while awaiting conversion back to dollars, so I was wondering if any of the main crypto-currencies is more stable than the others and does not jump around as much in price?
For example, I tried Litecoin again, today and by the time I checked my wallet balance, 2 hours after the original transfer was made, it already lost 8% of its value. Now, I know someone might argue that sometimes I will end up on the 'winning side' of the movement (which has indeed happened in the past), but I would like to minimise these fluctuations if possible.
So, are BitcoinCash or Ether typically more stable, or pretty much all crypto-currencies are super volatile now?
I would appreciate any insight.
Thanks,
Pedro
I am getting pretty tired of watching my funds freshly withdrawn from a bookie jumping around in price while awaiting conversion back to dollars, so I was wondering if any of the main crypto-currencies is more stable than the others and does not jump around as much in price?
For example, I tried Litecoin again, today and by the time I checked my wallet balance, 2 hours after the original transfer was made, it already lost 8% of its value. Now, I know someone might argue that sometimes I will end up on the 'winning side' of the movement (which has indeed happened in the past), but I would like to minimise these fluctuations if possible.
So, are BitcoinCash or Ether typically more stable, or pretty much all crypto-currencies are super volatile now?
I would appreciate any insight.
Thanks,
Pedro