How many of you trade USDT pair when selling your crypto at a profit ?

[Irungu 4299]

well I have never used it but there has been a time that I have  googled it , its a stable coin and so am not so sure you can gain a lot from it, but for those who do they keep on trying as hard to take on the swings thats very important

[Ndayebo8 0]

its price goes up we get a lot of money from the sale, and then when the currency goes down but we have the currency, we need to wait. The issue of currency, however, often depends on the trading pair.

[Cryptonym 54]

On 12/30/2019 at 7:34 AM, Maxtron73 said:

When we have certain crypto that after a strong bull market we want to sell out holdings and take profit. What do you generally do ? Sell with trading pair USDT (Tether) and then stay on the sidelines and wait for prices to go  back down   or do you sell directly to  your local currency like dollar, euro ecc... ?

All I am doing is to buy and sell different crypto currency but it also needs a lot of funds to invest. I am buying a crypto currency that has a low price and I know that will be having a high price soon then I am going to sell it when the price rose.

[jermaine05 179]

I save my earnings in usdt to guard against volatility and if I see a good trading moment I trade that pair

[RAUL LOPEZ 122]

Investing is a risky activity, but if you know what you are doing, you could make a considerable profit.  Today, there are hundreds of thousands of things you can invest in and some of the most popular 

[Raichu1987 115]

I generally keep the earnings that I obtain in some stablecoin, I use it according to the wallet I have or the exchange that I am using, since some give me an interest in keeping them with them, the only thing that I exchange for my local currency is what that I need to use at that time, I am currently in a phase of filling myself with all the knowledge I can about the world of cryptocurrencies, to be more profitable and have more profits, stablecoins are excellent to maintain your profits without losing their value and so it is easier to invest them again.

[Caracteres87 141]

I used to change it in that pair usdt but since I operate in binance I prefer to change it to busd since they offer me much better benefits and the possibility of staking and having a better profit

[Cryptomint 433]

I have no idea. And can't say anything about that. Because I am trading but didn't calculate anything. So sorry for that my dear friend...

[Sykkuno 2887]

When trading most exchanges offer btc to usdt pair, except some that you can trade in usd and euro. These are the exchanges that allow withdrawls in these currencies. I don't know why you ask if we prefer usd or euro unless you think that usdt is not stable.

[bogdanoff 3173]

I don't do that as for the time being bitcoin is not looking that it will dip and if you sell and wait for a dip it can be a long time waiting that will never come. Bitcoin is escaping in the next phase today and it can cross a new all time high really soon.

[yonkii 3205]

I only invest and not sell. I am only holding bitcoin and make small trades with altcoins and want to also invest in ethereum litecoin and some more good altcoins I find in yobit exchange. I haven't sold anything for usdt pair or any other currency.

[Fixfin 2569]

When we sell does it matter which currency it is? I don't know if there is any importance, except maybe if there are forex traders too that prefer euro or other currencies from dollar. I don't see any difference and no meaning on what you ask here.

[cryptovlek 2597]

I'm not staying in the sidelines friend. I trade altcoins to btc and I only sell btc when I need some more money to make sense of what I am doing and why I am trying to profit. I don't sell for Usdt and wait for price to drop, you can try doing that and stay with Usdt thinking why you did that.

[annayks 2314]

It doesn't matter, and not everybody is using exchanges to sell but there are p2p exchanges too and you can even sell for google gift cards. You are still attached to the past when you need to have a change of financial conciense and know which way will profit you more.

[Onden 2098]

When I had bitcoin and was bullish, I would convert it to Litecoin, then withdraw it to fiat. I don't want to buy USDT because for me the profit from the bulls is enough for me to stop trading for a moment.

[Mella 3680]

I did this but I am not know what you are say about the other why we are need to trader between euro? And usdt is one usd so it is not matter. I am trader and sometime I did this but to take the profit.

[noshot 154]

I am investing so I don't need the USDT which I udnerstand is what called a stable coin. I don't plan to sell but transfer to a wallet as I've read that this is the best storage for bitcoin.

[Brandonsaw 1973]

When I always make a profit from a cryptocurrency, I exchange it for USDT and I biscover another cryptocurrency to obtain profits and if there is no exchange for my local currency.

[kryptonick 2659]

I don't know if there is a difference in what you said. Just find a stable currency be it usd or euro and usdt is supposed to be for this reason. We had some exchanges in the past, before tether, that didn't have fiat options and were only trading cryptocurrencies so the usdt helped a lot with these.

[SuperCrypto 7193]

On 12/30/2019 at 1:34 AM, Maxtron73 said:

When we have certain crypto that after a strong bull market we want to sell out holdings and take profit. What do you generally do ? Sell with trading pair USDT (Tether) and then stay on the sidelines and wait for prices to go  back down   or do you sell directly to  your local currency like dollar, euro ecc... ?

The Tether currency is an important currency that protects you from market fluctuations due to its stability advantage, so we must make sure that we have in the wallet the USDT the most stable currency in order to protect our trading from losses.

[Zeshan Khalid 2577]

I think both of the things give equal profits. Tether is very useful if we want to hold a currency for a comparatively longer span of time. But buying tether first and then immediately to fiat currency can cost you more transaction fee.

[percare 3192]

When there is profit taking I do that directly to euro in order to withdraw, although lately I don't withdraw at all as after the halving the profit taking will make less profits for me as it will decrease the investment size. I only hold and make some trades when I have time to do that, although mostly holding.

[abdullah553 1981]

On 12/30/2019 at 1:34 AM, Maxtron73 said:

When we have certain crypto that after a strong bull market we want to sell out holdings and take profit. What do you generally do ? Sell with trading pair USDT (Tether) and then stay on the sidelines and wait for prices to go  back down   or do you sell directly to  your local currency like dollar, euro ecc... ?

In general, when Bitcoin falls, I deal with stable currencies such as tether and the euro. This is better for achieving stable profits.

[guatazoo 7150]

I'm also the one who are using USDT pair when I'm selling my cryptocurrencies either for profit or for loss, because USDT is the stable coin that's cannot bring losses. 

[Poppisnop 428]

I don't normally use usdt, cos there is no need using a more volatile currency to a more stable crypto because you can always convert it back to fiat if you still value profits.