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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Dklinov on March 21, 2018, 12:06:50 PM



Title: Anyone uses Tether to hide away from dips?
Post by: Dklinov on March 21, 2018, 12:06:50 PM
How many of you use Tether to hide away from the dips? I never did personally and wonder if its safe and worthy to have some tether not to lose value in USD. I have heard that Tether is backed by the equivalent amount in USD (aroung 2 billion $). Is it the case? 


Title: Re: Anyone uses Tether to hide away from dips?
Post by: stellaekun on March 21, 2018, 12:14:04 PM
How many of you use Tether to hide away from the dips? I never did personally and wonder if its safe and worthy to have some tether not to lose value in USD. I have heard that Tether is backed by the equivalent amount in USD (aroung 2 billion $). Is it the case? 
There are some issues as to whether Tether is fully backed by USD as audit report are still sort of pending and a lot of controversies as to its integrity.My suggestion is not to leave all your money in tether during a dip.maybe just some part to spread your risk.The allegation against tether may all be false,it is good to take precautions just in case they are not.