I still trust him to trade pairs and hold some funds on the exchange. Even though currently there are many who raise the issue that once made the USDT go down quite significantly but for me it doesn't matter.
On coinmarketcap, where I looked for references, I also explained quite a lot about USDT and what has happened so far. USDT is already being used by a lot of people and is like a mandatory stable coin on an exchange, so I don't think they will just do anything stupid.
Topic: what do you think about USDT? - page 2. (Read 752 times)
thanks for the info op . thats scary, this can be the reason why people talk negative on stable coins and i dont understand why they did that but this statement of yours opened my eyes on the reality of stable coins .
if not this i will be planning to trade my crypto in stable coins but after knowing that value of stable coins can also drop and became useless because of too much printing , this make me keep distance to them .
and one more thing is the risk of my coins being blocked . gee , i dont want that all to happen and id better endure the volatile effects of holding my cryptos
if not this i will be planning to trade my crypto in stable coins but after knowing that value of stable coins can also drop and became useless because of too much printing , this make me keep distance to them .
and one more thing is the risk of my coins being blocked . gee , i dont want that all to happen and id better endure the volatile effects of holding my cryptos
In terms of the development situation of USDT over this years，USDT has done a good job of fulfilling its role in the cryptocurrency market，but i dont like its centralized，wish One day there will be a decentralized currency to replace it.
In my opinion, the USDT coin is a stable coin and can keep its value in the market the USDT coin ratio is almost the same as USD dollar. So, in my opinion, investing in USDT man can minimize the risk of loss. but it is more suitable for the long term if you use USDT.
It seems majority of people don't even care about it though, although so many rumours going around about USDT printing this coin like there's no tomorrow but as we can see it's the biggest stablecoin and most used one.
my guess is USDT just gonna stay strong as ever until it's proven that their pegged money isn't 1:1 in ratio to their USDT otherwise it's just merely a rumour with no reasoning at all. Not to mention that the excahnges which accept USDT not just sitting around when they heard about such rumour. They must've made some investigation.
my guess is USDT just gonna stay strong as ever until it's proven that their pegged money isn't 1:1 in ratio to their USDT otherwise it's just merely a rumour with no reasoning at all. Not to mention that the excahnges which accept USDT not just sitting around when they heard about such rumour. They must've made some investigation.
for me USDT is a very sensational coin, a coin that does not fluctuate and is always stable in price, this has also aroused the interest of traders and investors not to hesitate about the coin, so that we can see for ourselves the amount of volume of USDT is very large.
Sensational for what? that's what we have called that stable coin. it's backed by stable currency. The investors and traders are always using USDT as their main choice to keep their asset become stable and avoid volatility. USDT has some advantages compared with another stable coin especially for its daily volume that's surpassed another coin.
So far USDT can still be trusted by anyone to be used for various purposes.
for me USDT is a very sensational coin, a coin that does not fluctuate and is always stable in price, this has also aroused the interest of traders and investors not to hesitate about the coin, so that we can see for ourselves the amount of volume of USDT is very large.
A good coin to have if you want to secured your profit in fixed rate . Many people will lost their money if the usdt or other stable coins is not born . It's hard for other to transfer a large portion of funds directly to their bank that's why stable coins make . To make it easier for other and traders to secured their gain without using bank account to transfer it in case they want to secured their gain. whats the catch ? printing usd is restricted and they cant just print and print so why are you worrying . that can happen the same on usdt they cant also create or mint lots of usdt but they can only produce depending on the demand of those who convert thier crypto to usdt . about the price its not bothering at all because usd dont dump heavy
Some coins it is easier to see the catch than others and USDT has been one of the most obvious in all the history of altcoins. A company that prints it. That does not prove their audits. That keeps getting in trouble with the law because they try to play both sides of crypto and business.
And finally,,, all the dumping and manipulation. But still we use it!
whats the catch ? printing usd is restricted and they cant just print and print so why are you worrying . that can happen the same on usdt they cant also create or mint lots of usdt but they can only produce depending on the demand of those who convert thier crypto to usdt . about the price its not bothering at all because usd dont dump heavy
Some coins it is easier to see the catch than others and USDT has been one of the most obvious in all the history of altcoins. A company that prints it. That does not prove their audits. That keeps getting in trouble with the law because they try to play both sides of crypto and business.
And finally,,, all the dumping and manipulation. But still we use it!
In my opinion, the difference between USDT and USD lies in the regulations and policies that underlie them. If USD is regulated from direct regulation by the Federal Reserve in the United States, USDT enters into a cryptocurrency created by the company Tether Limited. It is true that USDT has no contractual rights, legal claims, or guarantees against losses like ordinary US dollars. However, USDT is a crypto currency that can be used as a transaction tool to buy coins and other tokens.
for me USDT is a very sensational coin, a coin that does not fluctuate and is always stable in price, this has also aroused the interest of traders and investors not to hesitate about the coin, so that we can see for ourselves the amount of volume of USDT is very large.
USDT is my favorite stablecoins, because I often use it to protect my funds from the volatile cryptocurrency market.
And every profit I make from crypto trading, I always keep it in USDT. Many people keep their funds in USDT too,
so that when the coins dump doesn't run out of our funds, also we can buy coins at a low price. Even the volume of
USDT is bigger than Bitcoin, this is proof that many people are doing transactions with USDT.
And every profit I make from crypto trading, I always keep it in USDT. Many people keep their funds in USDT too,
so that when the coins dump doesn't run out of our funds, also we can buy coins at a low price. Even the volume of
USDT is bigger than Bitcoin, this is proof that many people are doing transactions with USDT.
USDT is the most tradable stable coin. I am always trade in Btc to usdt. The USDT coin is always stable. USDT protects my portfolio by dumping BTC. And USDT will hardly face a problem which will lead to a sudden and significant drop in price, if that should happen, it will be a disaster, will affect a lot of people and will lead to the death of the platform. Stop loss must be used when taking any type of trade.
All those involved in cryptocurrency need more or less USDT.
Because we use USDT to keep our funds safe when the value of cryptocurrency falls.
So whatever you say, the need for USDT is immense to me.
Yes, and almost everyone also uses USDT to maintain the value of their assets in cryptocurrency when market conditions are not good, so even though USDT is not suitable for use in day trading, USDT can be used to save the value of existing assets so that they do not experience an increase.Because we use USDT to keep our funds safe when the value of cryptocurrency falls.
So whatever you say, the need for USDT is immense to me.
I also use USDT to save my money value before the price of bitcoin or altcoin going down too deep.
If the crypto market is down deeper, and I have USDT in my account, I will buy more amount with USDT and hold it for a while.
By using that way, I can make more USDT with any coins that I bought before.
USDT can lose its value a bit If USD goes down too, this isn't bad as that's exactly why USDT is here, to pegged with Fiat USD isn't it? But the difference is big when comparing to high Volatility coins and tokens in crypto space, since dollar isn't always stable USDT can't be so stable as well but to me USDT is still more stable and almost compared to a real Fiat
A little correction from me, basically every currency has a value that can be said to be stable, including the USD currency, because the decline in the value of ordinary currencies is not so much and only occurs in a small amount, as well as a not so high increase. This means that currencies like USD deserve to be said to be stable in this case, as well as USDT which is based on the real value of the USD currency, so USDT is a stable token which is very suitable for anyone to have in crypto.
This is why there's something called audit, the users is the one who decide whether to use this coin or not based on the audited money in the reserve. Unfortunately with stablecoins there's just not so much you can know about how much usd reserved by that stablecoin.
Though, I doubt any currency as of now still printed based on gold. I mean this kind of thing already abandoned by many countries, they are printing money just as they will right now which ofcouse comes with consquences.
Though, I doubt any currency as of now still printed based on gold. I mean this kind of thing already abandoned by many countries, they are printing money just as they will right now which ofcouse comes with consquences.
All those involved in cryptocurrency need more or less USDT.
Because we use USDT to keep our funds safe when the value of cryptocurrency falls.
So whatever you say, the need for USDT is immense to me.
Yes, and almost everyone also uses USDT to maintain the value of their assets in cryptocurrency when market conditions are not good, so even though USDT is not suitable for use in day trading, USDT can be used to save the value of existing assets so that they do not experience an increase. Because we use USDT to keep our funds safe when the value of cryptocurrency falls.
So whatever you say, the need for USDT is immense to me.
USDT can lose its value a bit If USD goes down too, this isn't bad as that's exactly why USDT is here, to pegged with Fiat USD isn't it? But the difference is big when comparing to high Volatility coins and tokens in crypto space, since dollar isn't always stable USDT can't be so stable as well but to me USDT is still more stable and almost compared to a real Fiat
It's true.
The value could also go down just like USD since it's 1:1.
It has great usage when you are trading but never as an asset. It will be better to just stay with Bitcoin or Ethereum if you are trying to keep for a longer span of time.
Another option is to just keep paper money in USD rather than USDT coin.
The value could also go down just like USD since it's 1:1.
It has great usage when you are trading but never as an asset. It will be better to just stay with Bitcoin or Ethereum if you are trying to keep for a longer span of time.
Another option is to just keep paper money in USD rather than USDT coin.
USDT is very useful for trading, especially while dealing with highly volatile altcoins. But that said, I would never recommend keeping a lot of your funds in the form of Tether. USDT is a token issued by the Bitfinex exchange and a few years back they were accused of not fully backing up USDT with US Dollar. So there is always a small chance that the USDT=USD parity may be tested in the future.
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