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Cornia
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April 25, 2021, 05:36:40 PM |
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Yes, In cryoto space it's very hard to trust 100% But I trust USDT anyway And used it more often. When The market price goes high I convert Few % of my altcoins into USDT and when the market goes down I buy again some potencial altcoins.
Most traders follow this strategy. When I don't have time to trade, I make sure to convert my asset to USDT. I can stay relaxed because I trust USDT. |
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mr.robot8
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April 25, 2021, 05:55:32 PM |
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for me usdt has the utmost confidence is the main stable coin used by several exchanges, further confirmation of its credibility also comes from the fact that it will be added on coinbase pro
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Hispo
Legendary
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Activity: 1204
Merit: 2110
Leading Crypto Sports Betting & Casino Platform
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April 25, 2021, 06:30:03 PM |
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I prefer DAI or USDC  |
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gerryhartell
Member
Offline
Activity: 170
Merit: 10
Tontogether | Save Smart & Win Big
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April 25, 2021, 06:36:25 PM |
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I have full faith in USDT. They will not scam. All coins increase and decrease. Only this coin keeps me risk free from trade. When BTC started to decrease, I used to USDT... I would have survived a big loss. I have been recovering my losses through waves for so many years...
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cafee_orange
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April 25, 2021, 07:04:58 PM |
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i don't doubt usdt.
I think USDT is a stable coin. The rise and fall of the USDT price is also often experienced by USDT. I have even noticed that when the market is experiencing correction, the USDT price often experiences a surge.
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cheezcarls
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April 25, 2021, 07:20:14 PM |
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For now, USDT is the main stablecoin that was being used by exchanges whether P2P, spot, futures, etc. However, I am not saying that I fully trust USDT either. There are other stablecoins such as USDC, BUSD and DAI that we can use. However, USDT is the most dominant stablecoin for now and it would be a disaster if this one would phase out in crypto trading.
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Bravehash
Member
Offline
Activity: 196
Merit: 11
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April 25, 2021, 07:24:35 PM |
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I used to doubt if USDT is safe for storing your money but later I stop the doubt simply because we have SEC and also usdt is Centralized so when anything illegal rises SEC will be waiting, USDT can't operate without proper doc of approval from the authority
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rahmathidayat93
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April 25, 2021, 07:56:13 PM |
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i don't doubt usdt.
I think USDT is a stable coin. The rise and fall of the USDT price is also often experienced by USDT. I have even noticed that when the market is experiencing correction, the USDT price often experiences a surge.
The jump that occurs in USDT when the market is down is very natural, because most people always deposit their assets into USDT when others are experiencing a decline so this can cause a spike in the USDT price. |
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nykka
Member
Offline
Activity: 252
Merit: 11
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April 25, 2021, 11:39:21 PM |
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Last months showed, it`s not a scam. I have some USDTs and I trust them as much as bitcoin and any other big cryptocurrencies. All issues were solved and USDT was listed on Coinbase. It proves that USDT is absolutely legal and all of us can trust this coin
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helevela
Member
Offline
Activity: 224
Merit: 11
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April 25, 2021, 11:42:13 PM |
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I don't think usdt is not reliable. I think it's a pair to trust. their behavior was said to be suspicious, but I would like to know what behavior they are.
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Hannahanto
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April 26, 2021, 02:15:32 AM |
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USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.
Do you trust USDT or believe it might be a scam?
I see no reason for fears or panic on usdt, no reason to doubt usdt. Usdt is the most recognized stablecoin. USDT is not like bitcoin or other altcoins, I take usdt as my bank, I move all my assets to usdt cause I believe in usdt 100% When you want to trade is simple to convert your usdt to any other crypto and trade with. Once you're out you can exchange them back to usdt and leave them on your wallet without panic cause is just the best way to save coin for me. |
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CutePanda
Member
Offline
Activity: 658
Merit: 10
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April 26, 2021, 02:31:12 AM |
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Of course i do trust USDT, i won't be a problem in my opinion, there is no reason for us to be worry about this coin.
Almost all of the Altcoins out there using USDT as a pair to buy. It's very easy and simple to convert another altcoins with USDT.
So yeah, i do believe in USDT.
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btc78
Full Member
Offline
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
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April 26, 2021, 04:58:09 AM |
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Of course i do trust USDT, i won't be a problem in my opinion, there is no reason for us to be worry about this coin.
Almost all of the Altcoins out there using USDT as a pair to buy. It's very easy and simple to convert another altcoins with USDT.
So yeah, i do believe in USDT.
Simple answer? USDT is Like a Fiat so if you are trusting Fiat then you will trust USDT also, imagine that you can convert your coins into a Fiat form Crypto coins just like that, so why not trust this right? and also this is what i use since time that i start Trading and Success is what i experienced as like now? before the price of Bitcoin drops i converted in USDT and Boom my funds are safer |
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ancafe
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April 26, 2021, 05:11:08 AM |
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For now, USDT is the main stablecoin that was being used by exchanges whether P2P, spot, futures, etc. However, I am not saying that I fully trust USDT either. There are other stablecoins such as USDC, BUSD and DAI that we can use. However, USDT is the most dominant stablecoin for now and it would be a disaster if this one would phase out in crypto trading.
I also like that. although I don't believe 100%, however, the truth is that I always choose and use USDT as a stablecoin. probably many people feel that USDT is suspicious. however, I think USDT is the most widely used stablecoin today. in fact, almost every CEX has a USDT pair because of the high demand. |
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kotajikikox
Full Member
Offline
Activity: 2380
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
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April 26, 2021, 05:43:36 AM |
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Until now i am still asking why would people had to choose USDT when they can easily use Fiat? can someone elaborate what's the main objective of USDT against Fiat? sounds Noob but there are many others that still wanted to learn about what did i asked. I don't think usdt is not reliable. I think it's a pair to trust. their behavior was said to be suspicious, but I would like to know what behavior they are.
All crypto that took rank 1-10 is trust worthy and no doubt about that. |
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Kocret02
Sr. Member
Offline
Activity: 1120
Merit: 250
Trident Protocol | Simple «buy-hold-earn» system!
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April 26, 2021, 07:53:31 AM |
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I really believe USDT even I can use USDT to secure assets when a token has a price decline and I quickly exchange it with USDT, this is very useful because USDT is a stable coin and has experienced a little price decline
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celot
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April 26, 2021, 05:25:57 PM |
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I really believe USDT even I can use USDT to secure assets when a token has a price decline and I quickly exchange it with USDT, this is very useful because USDT is a stable coin and has experienced a little price decline
Most useful place for saving assets when bitcoin and altcoin dump, our value keep stable when saving on USDT coin. But you can get much profit when bitcoin dump and hold your money in USDT, how ever always contras price between bitcoin and USDT, when bitcoin pump USDT looks dump and when bitcoin dump USDT always pump. |
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kak uli
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April 26, 2021, 06:17:12 PM |
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USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.
Do you trust USDT or believe it might be a scam?
I really believe in USDT tokens, I don't think these tokens are a coin scam. usdt has a great value, and even the token price is as high as $ 1 per unit. But the problem with USDT is that the price always looks normal, the ups and downs are like having a small percentage so that it is less attractive in the market. |
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johnwest
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April 26, 2021, 06:18:54 PM |
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I believe TUSD more than USDT, even though the ranking shows that USDT is most popular but I don't know whether you know it or not but there are many conspiracy theories as well as confusion on how much % of USD is pegged for the coin. TUSD is 100% pegged so I would trust it more than USDT but there are many exchanges that give nice returns for holding USDT. Personally, I don't hold anything in both of them but I would prefer TUSD more than USDT.
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cafee_orange
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April 27, 2021, 09:38:48 AM |
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i don't doubt usdt.
I think USDT is a stable coin. The rise and fall of the USDT price is also often experienced by USDT. I have even noticed that when the market is experiencing correction, the USDT price often experiences a surge.
The jump that occurs in USDT when the market is down is very natural, because most people always deposit their assets into USDT when others are experiencing a decline so this can cause a spike in the USDT price. yes, that's for sure. Usdt is often mentioned by many users as an asset storage token, but I am also still amazed by this USDT, why does this token price movement always look normal, its ups and downs only change a few percent. |
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