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Investing in USDT = Yes or No?

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What I think is that it has never been "safe", but it has enough liquidity for people to continue using it. Since Tether does not allow an audit, it is obviously very suspicious and should not be trusted.

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a very large company must solve the problems that will arise. but still nothing is guaranteed, there is always a risk.

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As you know, this token had problems with regulators, so you need to be careful with it. If you want more security, store your money in other stablecoins.

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I only have USDT when bitcoin has big increases and wants to retain the gains, then I go back to bitcoin when it goes down again. I have not had a problem with USDT, but I have read a lot of news about the problems it has been involved in.

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I think it is useless because usdt depends on course of USD in real life.You should invest in popular or not popular coins which are used by people.

Edited by Rostik200279
fulling

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Yes, Tether is fixed to USD price and it is stablecoin. But we don't know if there is any equivalent for Tether. Therefore USDT is risky for long-term holding. No matter what it is advantageous to switch to USDT when trading on exchanges.

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Having tether is more to have your money safe in a blockchain network and to make trandig par with another crypto than to invest that is how I see it

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It does not have a very good reputation, for which I recommend USDT, in my opinion it is very safe and I have used it many times

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1 hour ago, parakazanix said:

Yes, Tether is fixed to USD price and it is stablecoin. But we don't know if there is any equivalent for Tether. Therefore USDT is risky for long-term holding. No matter what it is advantageous to switch to USDT when trading on exchanges.

Well, it was reported that USDT is actually only backed by around 70% USD in the bank.That means buying USDT at dollar parity should be the same as throwing 30% of your money away.However, for some reason USDT still appears to be maintaining its dollar peg, but I've got no idea how. Regardless, as soon as I heard about USDT's fractional reserve, I converted everything I had into TUSD and USDC and never looked back. So no, I don't trust it anymore, and neither should you until they prove their reserves are 100% backed.

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Yes, but I would not see it as an investment, rather I see it as a backup currency that helps me keep my profits stable when trading, that is, I invest in Bitcoin and I convert my trading profits to usdt and then at the best moment I exchange them again for Bitcoin.

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Personally, I live in Russia and keep money in usdt, and due to the fact that the dollar rate is growing, my capital is also growing and this cannot but please me, I think if you have big salaries, this will not affect you much

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Hello, interesting subject about a fairly commercial currency, in my opinion I follow you that if it is safe to invest in USDT since it maintains a dollar for usdt, or a usdt for a dollar, but there are other currencies in which it would be much better to invest and have Big results. Greetings

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I don't really see the point of investing in USDT. What do you benefit from this?) For me, USDT is just a very good alternative to the dollar on the stock exchange. But investing in this coin will not give you any profit because for me it is not appropriate

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here looking to talk more about yobit to see what mamalon price comes out ijala that can make big profits with this token that they are taking out this month

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If you live in country where your native currency has very big volatility, the you can invest in stablecoins to save your own money and avoid volatility and maybe make profit, if we coun in your native currency.

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In my opinion USDT is most used stable coin in all exchange, so it is safe to invest in USDT. but It is long time to wait some changes in USDT price. but if you have money for stock, why not?

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If you were in crypto in 2018, you may have heard of the scandal Tether was involved in. I wont talk about it but i will remember you that usdt lost around 10% of its value. What does that prove to us ? No crypto is safe from falling, invest, but not for the longterm, sooner or later it's safer to turn your crypto into fiat, so you can book your profits. 

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On 5/28/2020 at 3:55 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

why invest in a stablecoin I don't understand why? if it's always going to stay that way, it's a currency you use to buy or sell is what I think

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Я перевожу все деньги USDT, только когда отдыхаю от торговли,беру себе отпуск. Не считаю это инвестицией, скорее как остров безопасности, зная что с моими финансами ничего не случится и в любое время я могу их забрать.

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