Why you need to have spare USDT in this bullrun.

2Pizza410000BTC

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

Of course it is the right decision and I totally agree with your decision. Currently I have bought some coins from the presale to invest in. I hope that if all these coins come to the market I can take a lot of profit from them. I always follow the ICO drop and keep some dollars left to buy coins from there. I have seen almost every project listed here with good exchange and those who have already invested in these projects have received huge profits. So I think it is important to keep some USDT to invest in all these projects every now and then. Many may think risky but yes risky but if lucky your life can be changed by investing in all these schemes.

SUPERSAIAN

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In general, many financiers recommend having USDT in your portfolio, and it should be so. It will enable you to move in the spot market to take a position comfortably. Sometimes the mistake I make is not keeping USDT in my portfolio, I collect something with all the money, and then when I see an opportunity, I have to change positions.

Sometimes it is at a loss, sometimes it is a profit, but I am aware that I will get better results every time if I keep some money ready.

justdimin

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Quote from: sana54210 on March 26, 2024, 09:45:32 AM

Quote from: niall51 on March 20, 2024, 11:21:24 AM

It's true that we have to set aside our money to invest in this bull run because this opportunity only comes once every 4 years, maybe once a generation because the cycle times are very different, so maximize the bull run to get lots of profits in this bull run.

I do believe that we should invest, but we should not set our money aside, because we should invest right away and not put any into USDT. I do not get people who want to keep their money at USDT during this period, because it doesn't make sense to me since it is not something that we could go with, it doesn't really benefit anyone.

If we keep considering that as the only option then we are going to end up with something that goes against everything we believe in. I believe that we are going to make something change, and for that to happen we need to end up doing as well as we can. We can't really end up making something bigger, but we need to focus on how we could get better with it overtime, that's the most important part.

I agree with this, making some money from this should be the most important thing, and if we do well enough then we are going to end up with a good return. I get that people are not always too happy with what they have, and sometimes it looks like it is going to change a lot and have some results that are not profitable or looking good, but as long as you keep n investing you should be fine. I get that some people just want to prefer USDT and just hold and wait until everything looks great, but that's just not how it works at all.

We need to just invest as quickly as possible when we get some money, that will definitely make us do a lot better. This should be the way to make money and not really worried about it.

Bitstar_coin

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Having spare stablecoins at all time is very necessary because you never know when that awesome project will appear and you don't have any stablecoin to invest. It is something I have come to realise this past years. Not all your funds should be invested.
And most opportunities comes in the bull market where almost every project hitting new ath, investors be looking for funds to take advantage.

jrrsparkles

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Investing in a new project is just a gamble, it's good that the project you invested started growing after a month but in most cases it won't go as expected that's when you need to bring the calculated risk strategy which will help to minimise the loss for that you may have to decide whether it's worth holding or swap with another project or just let it as USDT or any crypto that can be liquidated.

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Quote from: Bushdark on March 29, 2024, 12:48:24 PM

Quote from: kentrolla on March 27, 2024, 02:04:15 PM

It's safe and a good strategy to have some stable coins as it will help you to invest at the right moment without losing the momentum and since you have shared some of the memecoins let's say there is a memecoin it's going on rally and without stablecoin if you have to exchange the fiat and then buy it you may miss out the opportunity as you know memecoin can change it's course anytime hence it's all about the right timing. But my advise would be take calculated risk with ne projects especially memecoins and as a spot trader it's mandatory to have some spare stablecoins.

This is a sharp strategy that could help us to make fast profits from the market especially when we are holding on exchange.
The USDT can be used to swap to any coin we want to buy and hold to make the maximum profit we are interested in.
Since we are in the bull market, Making money is not going to be an hard thing again because the market is very volatile and we can keep getting profits from it without getting a job or working for a boss. Making free money is quite easy these days than ever.

Remember, just as it is easy to make money now, it is even easier to lose it as well, the coins on the market do not move on an uniform manner, so even during a bull run there are many coins that will move sideways or down, so if you think that you can invest in almost any coin and make money you are mistaken.

Because just as a bunch of projects will appear due to the bull run, many of those same projects will disappear just as quickly, and if you are unfortunate enough to invest in those coins, you could lose all your money before you can understand what it is what happened that caused you those losses.

Churchillvv

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As some one who's ready to make money at a y time he or she would always consider having an extra cash flow because there are times when emergency opportunity will raise and if one isn't prepared with extra cash flow then such opportunities will go as waste.

Perhaps in the crypto space one really need to have some extra stable coins in his or here reserve for opportunities like trading in spot market where new coins can be listed and grabbing this opportunity will not be a problem because one is prepared with an amount that is good enough for grabbing opportunities.

If one is interested in buying altcoins, then he ore she should have some usdt in his or her reserves in other to make use of opportunities like this just as you did and if not that you had extra cashflow you would have missed all the opportunity that came your way.

fapar

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Quote from: Makus on March 28, 2024, 03:10:30 AM

I personally don't like investing in altcoins, but for those who are into altcoin investment having some USDT is a vital thing you shouldn't miss out because even when you thing you've got the right coins in your portfolio, you might still end up seeing a different thing when the bull begins. There are some coins that even after making your search on coins, you might omit them for some reasons or you might not even got in touch with them, but as they start increasing, that when you start seeing that they are potential coins for investment.

I will also add that stablecoins, in particular USDT, provide greater flexibility in interaction between chains, which cannot be said about banal altcoins. But unfortunately, we still run up against the fees of the chain in which we use the stablecoin.

Bushdark

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Quote from: kentrolla on March 27, 2024, 02:04:15 PM

It's safe and a good strategy to have some stable coins as it will help you to invest at the right moment without losing the momentum and since you have shared some of the memecoins let's say there is a memecoin it's going on rally and without stablecoin if you have to exchange the fiat and then buy it you may miss out the opportunity as you know memecoin can change it's course anytime hence it's all about the right timing. But my advise would be take calculated risk with ne projects especially memecoins and as a spot trader it's mandatory to have some spare stablecoins.

This is a sharp strategy that could help us to make fast profits from the market especially when we are holding on exchange.
The USDT can be used to swap to any coin we want to buy and hold to make the maximum profit we are interested in.
Since we are in the bull market, Making money is not going to be an hard thing again because the market is very volatile and we can keep getting profits from it without getting a job or working for a boss. Making free money is quite easy these days than ever.

Sophokles

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Quote from: noqqx265 on March 28, 2024, 08:57:31 PM

I really hope that there will be friends like this who can introduce me to new potential altcoins. The risk of meme is too high, and in many cases it cannot be held for a long time, and it is necessary to leave the market if there is 7X profit.

This is true not only for meme coin but for most of the altcoin. When new concept failed to solve any newly occurring problem, the developer came with new concept and new project instead of developing and marketing the old one. Retail investors also chase these project for quick profit and this cycle continues. For the meme project, someone needs to be extremely careful, and it can cause a bigger problem with the possibilities of rug pulls. So If you are investing in a meme project, do it for the short term and only in the top project with the most liquidity.

noqqx265

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I really hope that there will be friends like this who can introduce me to new potential altcoins. The risk of meme is too high, and in many cases it cannot be held for a long time, and it is necessary to leave the market if there is 7X profit.

Makus

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I personally don't like investing in altcoins, but for those who are into altcoin investment having some USDT is a vital thing you shouldn't miss out because even when you thing you've got the right coins in your portfolio, you might still end up seeing a different thing when the bull begins. There are some coins that even after making your search on coins, you might omit them for some reasons or you might not even got in touch with them, but as they start increasing, that when you start seeing that they are potential coins for investment.

Tmoonz

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Yes it is true that some time being a part of early stage of some projects can be very profitable such that before they could think manipulating the system you must have gotten a lot profits while others will be waiting for the project to become more old in the market and probably get cut up along the line, but I believe that wouldn't be the case of bome.

goaldigger

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Quote from: mich on March 26, 2024, 11:21:57 PM

I do hodl some stable coins but it is not because we are in this 'bull run'. Your friend did give you that advice to buy a meme coin and that is good for you it turned o profits.
But we can buy tokens for other projects with other crypto. It does not just need to by usdt.
I do not invest in alot of new project now. But I like to have some fiat if there is something new I think will give big profits.

Holding stable coins should serve its purpose and I also hold some just in case I need to invest on a good project.
If you are going to invest with the meme token make sure you are ready for the risk, yes there is a hype right now but not all deserve to invest with. Use your stablecoin to protect its value and invest if there’s another opportunity, perfect timing is the key if you are into good profits.

kentrolla

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It's safe and a good strategy to have some stable coins as it will help you to invest at the right moment without losing the momentum and since you have shared some of the memecoins let's say there is a memecoin it's going on rally and without stablecoin if you have to exchange the fiat and then buy it you may miss out the opportunity as you know memecoin can change it's course anytime hence it's all about the right timing. But my advise would be take calculated risk with ne projects especially memecoins and as a spot trader it's mandatory to have some spare stablecoins.

lienfaye

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Quote from: TheVeteranAngel on March 15, 2024, 06:38:55 PM

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

Well, there's nothing wrong if you would like to save USDT to invest in new coins that might be a hidden gem. As long as you're aware of the risk and fine regardless of the outcome. But often, majority of new coins are scam and investing is a waste of money. One of the reason why many investors are afraid to take risk and still prefer the established ones since it's already proven to be less risky.

Anyway, we have different strategies. Therefore, if you think doing this can maximize your profit so be it. Just don't forget to dig deeper so you won't end up in a scam coin.

mich

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I do hodl some stable coins but it is not because we are in this 'bull run'. Your friend did give you that advice to buy a meme coin and that is good for you it turned o profits.
But we can buy tokens for other projects with other crypto. It does not just need to by usdt.
I do not invest in alot of new project now. But I like to have some fiat if there is something new I think will give big profits.

evichi

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As you already mentioned, it is important to take calculated risks when investing, more so when you are investing on meme coins and altcoins in general. Quite a number of meme coins are taking advantage of the bull run to launch tokens, but I advise to be cautious especially if you intent to invest bigger money. Meme coins are known to grow in value due to hype. Such growth is usually not sustainable, as a result have the potential to loose value when the hype is over. In my opinion it is better to avoid meme coins for long term investments, rather invest in Bitcoin or Ethereum, just suggesting. If you insist on investing in meme coins, ensure you invest what you can afford to loose, and carry out detailed research before investing. Yes you need to have your USDT ready for timely purchase of your preferred token.

KingsDen

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Quote from: Belarge on March 26, 2024, 05:41:17 PM

Quote from: kamvreto on March 24, 2024, 04:54:27 PM

It would be great to have USDT reserves now. start buying gradually when prices start to fall and it will be a pretty good investment. I also do management and hold spare cash to buy in stages when the crypto market crashes. The next bullrun will arrive soon so you have to buy some assets to hold until the next bullrun arrives. Buying assets such as Bitcoin and ETH is recommended.

We should be having our mindset ready for the next bullrun which will coming days, I don't mind missing out on my wor schedules because this is lifetime opportunity. Bitcoin and Ethereum moves in the same way. We should have spare USDT because they're necessary, in case where we need gas fees for crypto transactions, our spare USDT will do the worm. We keep our plans ready for next bull run, I know it's not going to be easy an one but grabbing solid entries will motivate one to reach key phases.

Having spare USDT will be nice but the temptation of using it wrongly will be there. Either on the wrong coins or before the bull run comes. In no doubt, USDT is necessary to organise oneself towards the bullrun and it is more important to traders to safe their funds in terms of uncertainty.
The most important question is how to know promising projects to invest in this bull run.

Belarge

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Quote from: kamvreto on March 24, 2024, 04:54:27 PM

It would be great to have USDT reserves now. start buying gradually when prices start to fall and it will be a pretty good investment. I also do management and hold spare cash to buy in stages when the crypto market crashes. The next bullrun will arrive soon so you have to buy some assets to hold until the next bullrun arrives. Buying assets such as Bitcoin and ETH is recommended.

We should be having our mindset ready for the next bullrun which will coming days, I don't mind missing out on my wor schedules because this is lifetime opportunity. Bitcoin and Ethereum moves in the same way. We should have spare USDT because they're necessary, in case where we need gas fees for crypto transactions, our spare USDT will do the worm. We keep our plans ready for next bull run, I know it's not going to be easy an one but grabbing solid entries will motivate one to reach key phases.

Topic: Why you need to have spare USDT in this bullrun. (Read 664 times)