Investing in USDT = Yes or No?

[Mella 3680]

The Tether is safe for now as I am see them rise and print one billion usdt every week but nobody cares. So why it will not be safe? But why you are want to invest in this? It is a same price with the dollar, what we are want is to escape the loss of value of hold the fiat currency and avoid the inflation.

[annayks 2314]

I don't know what will help you if you just buy USDT since this is pegged to the Usd why not hold then the dollar instead and not mess with anything that can happen, not even the remote possibility of Tether going down. I invest in Bitcoin and stick with it.

[Shubham kakade 556]

Yes you can invest in USDT this very good because of its world wide use and its volumes are very strong, and this is very stable ,and very trusted, you can try in any platforms they are available in all excheng 

[zhoutong 2188]

No. Unless you have some plan to use the USDT for lending in defi but this is also comes with a risk. There are some staking options too in exchanges and if you trust them you can do that. Although everything comes with a risk. With USDT you don't earn or make anything as prices are stable.

[JanBomCrypto 494]

I will like to invest some of my funds o tether while some on other stable coins like Dai and TUSD and USDC. While most of my coins will be invested on coins like bitcoin and ethereum. It is good to diversify. 

[kryptonick 2659]

On 5/28/2020 at 10:55 AM, Bitcasino.io said:

Various crypto platforms have predicted that USDT will maintain its value from 2020-2025.

Hm? Meaning that USDT was supposed not to hold 1:1? While I always thought Tether could have done everything unlawful and not be backed by USD accounts or other assets as they recently changed their description I never thought USDT could go down. Maybe I should think about it again.

[betelihem 4766]

On 5/28/2020 at 10:55 AM, Bitcasino.io said:

Hi guys!

 

Tehter is known as a stablecoin, so it has a fixed value which allows it to avoid the volatility of other cryptocurrencies.

Various crypto platforms have predicted that USDT will maintain its value from 2020-2025. The mass adoption of digital currencies contributes to the growth of Tether as it continues to retain its 1:1 ratio with USD. But there has been quite a lot of fuss around it as well.. About its company and how they operate.

In your opinion, is USDT a safe coin to invest in?

 

Cheers,

Karl

I personally don't like to invest or hold USDT coin because we all know that USDT have fixed price range, that means  the price will not rise or drops so we wouldn't have a chance to trade with t and hold it to get profit.

[adem1 294]

USDT is available on many exchanges and is a very useful currency. Since the value of USDT is the same as the USD, it gains in value. It is necessary to evaluate for investment.

[ertuğrul 27]

Yes.USDT is a very profitable coin to invest in. I have my investments. It makes a lot of profit in the long run.

[bogdanoff 3173]

If you find a good staking and gives you very high rewards then you could invest, otherwise if you buy and hold there is nothing to make from a stablecoin. It is stable since the price isn't going to move higher. If there is more demand they just mint more stablecoins adding to the current supply.

[Sykkuno 2887]

Tether is safe but it is not an investment because you can't expect profit since price will never rise but will be stable at one dollar as it is planned for this coin. I say it is safe because many thought that Tether was not backed or not audited but I think that in fact this currency is over backed by more assets than it should be. This can be a danger too but less than having nothing to back each usdt.

[cryptovlek 2597]

I don't think that it is wise to invest in USDT. What will your plan be to invest and wait for Bitcoin price to go down? This is why we use USDT as it's price isn't moving. If it has problems and not being stable then it will have problems but for the time being it had very few problems that don't threaten the long term.

[sherin123 4]

I do think that there's hardly any issue during checking out usdt. Tehter may be a sturdy coin together with for my part the money will make it better to market regarding the ones transactions the place there isn't Fiat. In my situation, Tehter is definitely transaction program meant for forex trading together with passes across somewhere between transactions.

[Fixfin 2569]

I think there won't be a problem from Tether and having seen the rise in marketcap it means they keep printing USDT because of profitability and demand. It is probably requested by whoever is buying it, perhaps Binance, Bitfinex and other exchanges so it profits from this.

[BrolySSJ 7899]

Personally i think that investing in the usdt coin is a very good idea if you are looking to keep the value of your crypto portfolio constant over the years to come. This coin is linked to the usd currency and therefore if you are worried about the value of your crypto portfolio decreasing, this is a great coin to invest in. It is also a good way in which you can keep money on an exchange for future buying orders if you so choose to do so, without it devaluing over time. 

[1qDan 478]

It is really not advisable to invest, since being a stable currency there is little profit that can be obtained even in the long term, its 1: 1 ratio freezes the possibility of a return, but it is always good to be able to protect itself from volatility or even save money on commissions.

[percare 3192]

Tether is rising and doesn't care as it seems that it is able to create billions more. I don't know if it will manage to keep being stable or have some problems but for the time being I expect it to rise further in market cap.

[yonkii 3205]

I woudn't invest in USDT because I would like my investment to give a return. With Tether that is stable it means that we are holding a fiat currency that is also affected by huge inflation. Tether is stable coin meaning it's price is always $1 and is used for trading. I don't trade either so I never used Tether.

[mon1 258]

We all know that USDT have almost fixed price on the coin market, and its not what we want for investing and getting profit from it, because if one coin have no price difference between times then we can't get any profit from it, its like holding fiat money.

[Fixfin 2569]

I don't trust Tether too much. It is centralized and blocks funds in USDT inside wallets freezing them. I don't think this is what the cryptocurrency market is looking for, but perhaps what banks want to see. I won't support tether in any conversation, they are on their own.

[fanylu 505]

It is surprising that some stablecoins have not been banned many member have invested in this USDT currency to store funds in the respective values it could be a good trading option in the future.

[ibrahim halil anaç 138]

USDT is a stable and secure cryptocurrency used on all exchanges. USTD can be invested, but it is a coin with a low or stable rate of profit.

[cryptoman22 1026]

Personally, this cryptocurrency called Usdt does not give me much confidence therefore I have never used it since it does not interest me but it has its little corner in this world of cryptocurrency of people who like it therefore we must respect each person
A big greeting to the whole community and good luck and great winnings for everyone

[scofield64 943]

USDT is a stable coin is not volatile, so investing in USTD will not yield much profits like volatile coin will do. Yes, you can invest in USDT but the profit won't be much.

[cryptolover45 1187]

Hey mate, thanks for your question about usdt investing, we all know usdt is a stable coin and people are nit interest to invest stable coin but people are use usdt coin for storing our profit when we get profit in trading. I always store my profit at usdt coin.