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Topic: How does USDT wallet change our live? - page 3. (Read 478 times)

full member
Activity: 364
Merit: 127
April 10, 2019, 07:38:55 AM
#5
But how can we use USDT to make a profit in such this market?

It's impossible to profit in the market if you are using USDT. Cryptocurrency market fluctuates a lot while Tether sticks with USD, so its really impossible no matter what you do to profit in the market while there is a run in price.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
April 10, 2019, 07:23:05 AM
#4
Within these several months, there is a bear market in cryptocurrency.
As we know,  USDT is a dollar-pegged token, each USDT is backed by one U.S. dollar without fear of market fluctuations.

But how can we use USDT to make a profit in such this market?
The majority might say no.

Is there any decentralized wallet can do this for users in the case of ensuring the principal?
wanna figure it out
You may not be right to say that we cannot make a profit from USDT. This is possible because in our country there is an exchange platform where you can make transactions to make a profit based on the USDT price difference. You can still earn profits from USDT.
full member
Activity: 286
Merit: 101
April 10, 2019, 07:17:45 AM
#3
if you want to benefit from the only one way is to follow the ico token that you believe that the project will give you income
member
Activity: 1260
Merit: 21
April 10, 2019, 06:55:24 AM
#2
I was also under the impression that one can use usdt to preserve the value of earnings since its pegged to the value of usd and as such should be very stable compare to other coin, which means you can sell btc to usdt when the price is high and latter buy back btc with usdt when the price is low since usdt is suppose to be stable and don't fluctuate, but the question now is does usdt actual can be stable even in the worst condition of market?
newbie
Activity: 3
Merit: 0
April 10, 2019, 06:09:45 AM
#1
Within these several months, there is a bear market in cryptocurrency.
As we know,  USDT is a dollar-pegged token, each USDT is backed by one U.S. dollar without fear of market fluctuations.

But how can we use USDT to make a profit in such this market?
The majority might say no.

Is there any decentralized wallet can do this for users in the case of ensuring the principal?
wanna figure it out
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