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Author Topic: Why I kept USDT  (Read 613 times)
rdluffy
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February 15, 2020, 04:05:26 PM
 #21

This strategy is rare but quite useful, The weakness of this strategy is the uncertainty of usdt.
You will not be able to predict when your tether will be frozen, use another stable coin that is more reliable.

I've been using tether for some time and even in that period that people are afraid and investigating tether
Obviously we can't say for sure that Tether will exists forever or if people have reasons to doubt about the coin, but a simple way to use tether is for short periods of time, this is what I do and if you can read some news about criptos at least once a week you can keep safe
For long periods of time I don't think it's a good idea to hold tether

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February 15, 2020, 04:10:57 PM
 #22

This strategy is rare but quite useful, The weakness of this strategy is the uncertainty of usdt.
You will not be able to predict when your tether will be frozen, use another stable coin that is more reliable.

I've been using tether for some time and even in that period that people are afraid and investigating tether
Obviously we can't say for sure that Tether will exists forever or if people have reasons to doubt about the coin, but a simple way to use tether is for short periods of time, this is what I do and if you can read some news about criptos at least once a week you can keep safe
For long periods of time I don't think it's a good idea to hold tether
not just for USDT, but in general for crypto assets. long-term risky. especially if it is not done based on the mature analysis. USDT to date has been very helpful for me in daily trading. This asset is suitable for saving money after trading is finished because it is not afraid that its value will change much. functionally, I am very helped by USDT.
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February 15, 2020, 04:19:02 PM
 #23

-snip -
The only option he can do to make that goals is to make a short trade of BTC. his target is 1 btc while he have 0.5 as of now, you cant make it 1 BTC without trading it to fiat or in USDT.short trade is the best way to make that goal  but the problem is if the price of bitcoin continue to increase and forget to buy back when the price drop then he will stock on USDT.
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February 15, 2020, 04:33:30 PM
 #24

Why only USDT there are other stable coins too which can be a solution for the volatile market. Just keep your balance in a stable coin and buy any coin when the time is right. But I think it's not very easy to pick the right moments. So if you keep your balance in a stable coin then you will not do any profit nor loss but as long as the main purpose of trading is making profit then keep your balance in btc is a better option.

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February 15, 2020, 06:29:48 PM
 #25

This strategy is rare but quite useful, The weakness of this strategy is the uncertainty of usdt.
You will not be able to predict when your tether will be frozen, use another stable coin that is more reliable.

I've been using tether for some time and even in that period that people are afraid and investigating tether
Obviously we can't say for sure that Tether will exists forever or if people have reasons to doubt about the coin, but a simple way to use tether is for short periods of time, this is what I do and if you can read some news about criptos at least once a week you can keep safe
For long periods of time I don't think it's a good idea to hold tether
Indeed, without bitcoin which coins will guaranteed for survive in long term period, we never ensure that about future prediction. I agree tether is getting a lot of suspicious things. But big traders/whales still using this coin. USDT is dropped in several times, can not not survived 100% stable in many times. 
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February 15, 2020, 07:00:14 PM
 #26

That's right, everyone will choose the best time to buy or sell their assets. You are saying absolutely right things, we all need to understand that the cryptocurrency market is dynamic, which in turn simply forces us to fix our profits on time, or we will have to fix our losses in the future. It is extremely difficult to choose the right moment, because we have limited information about what affects market shifts.

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February 15, 2020, 07:05:25 PM
 #27

Whenever I get stucked with Usdt when trading I always remember myself what happened in 2018 when bitcoin was trading @ 19k and in February 2018 it goes down to 9k, even in January 2019 bitcoin was trading at 3,500$, My point here is there is time for everything in crypto space, Lack of patience is what's affecting many and also fear of missing out, even if bitcoin hit 50k today alas it will shrink in value sooner or later, bitcoin is volatile, its left for you to choose the best time to buy, as for me, what I care most about is turning 0.5btc to 1BTC
Exactly, you should hold a stable coin when there is a long bearish trend but how can we find out we are going to see a long bearish trend so we should keep on something with a constant value. What if we face opposite market movement we tend to lose the profits which are expected to make with ease.

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February 15, 2020, 08:29:07 PM
 #28

the smartest strategy and what many people in this market do not understand is that they need to increase not the amount of USDT in your portfolio, but to increase the amount of bitcoin in their portfolio. while bitcoin costs up to 15 thousand dollars this is a cheap price and while the price goes below 15 thousand dollars - look for any opportunity to increase the number of bitcoin in your portfolio


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February 15, 2020, 08:50:11 PM
 #29

Keeping USDT is safe to augment your trading if price dips instead of selling for loss , you will buy lower to complement the loss and make profit. This is a strategy that works.
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February 15, 2020, 09:06:59 PM
 #30

Whenever I get stucked with Usdt when trading I always remember myself what happened in 2018 when bitcoin was trading @ 19k and in February 2018 it goes down to 9k, even in January 2019 bitcoin was trading at 3,500$, My point here is there is time for everything in crypto space, Lack of patience is what's affecting many and also fear of missing out, even if bitcoin hit 50k today alas it will shrink in value sooner or later, bitcoin is volatile, its left for you to choose the best time to buy, as for me, what I care most about is turning 0.5btc to 1BTC

One little challenge faced by investors or trader is the prospect factor.
Like i do reference, do not think for the future plan for it. how ?

If you want to invest in bitcoin on the long term, invest with your spare funds, forget about the btc until it reaches your targeted price.

Or, simply buy and sell bitcoin on the correspondence of trade, i.e buy bitcoin low, hold, and take profits from the pump. Then recycle and start all over.
In this process, remember to dyor.
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February 15, 2020, 11:12:11 PM
 #31

Whenever I get stucked with Usdt when trading I always remember myself what happened in 2018 when bitcoin was trading @ 19k and in February 2018 it goes down to 9k, even in January 2019 bitcoin was trading at 3,500$, My point here is there is time for everything in crypto space, Lack of patience is what's affecting many and also fear of missing out, even if bitcoin hit 50k today alas it will shrink in value sooner or later, bitcoin is volatile, its left for you to choose the best time to buy, as for me, what I care most about is turning 0.5btc to 1BTC

For ever reward, a risk was once taken. The numerous people buying into bitcoin now seem to understand a few things about the digital technological currency. yes, it is highly volatile and yes its not guaranteed what it will stand as, an asset or a store of vale but the truth is that if you can invest in bitcoin then you should also have the believe inthe technology and what it brings. but alwyas know that your investment is adviced to be with spare money so you don't get to be moved at whatever waves or tides it comes with.

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February 16, 2020, 03:21:18 AM
 #32

yes, you need a little patience to buy bitcoin I suggest you should buy bitcoin when the price is so low you have to wait when prices increase trade cryptocurrency is not as easy as we imagine the loss and the profit would you get if you want to change 0.5 BTC to 1 BTC course, you must keen to see the news in the market crypto.


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February 16, 2020, 03:35:55 AM
 #33

Whenever I get stucked with Usdt when trading I always remember myself what happened in 2018 when bitcoin was trading @ 19k and in February 2018 it goes down to 9k, even in January 2019 bitcoin was trading at 3,500$, My point here is there is time for everything in crypto space, Lack of patience is what's affecting many and also fear of missing out, even if bitcoin hit 50k today alas it will shrink in value sooner or later, bitcoin is volatile, its left for you to choose the best time to buy, as for me, what I care most about is turning 0.5btc to 1BTC

Usdt is a must every crypto enthusiast should be aware of but unfortunately for me, back in 2017-2018 i have little idea about usdt, i watch my very robust portfolio shrunk to nothing, that was an eye opener, so probably some are not aware of this way of preserving funds,
I think the greed of making even more is another reason why some people don't use it, btc price is highly volatile, it is in the best interest of every crypto lovers to preserve their funds through usdt otherwise  get ready for pain when the market is going down.
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February 16, 2020, 03:50:00 AM
 #34

No, what it sounded like is how much USDT you would want in the future and not bitcoin.
You must learn where your real focus is.
Yes, you want 1 BTC but that is because of the value of each in USDT and not because you really want to see bitcoin until the end or where it will take you.

I am not a hypocrite, yes I want USD. I need it to live and to buy my necessities and to pay bills but once you really see where bitcoin is going then you will want to earn more. Be the beta tester of using it for merchants.  Wink

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February 16, 2020, 05:21:36 AM
 #35

Whenever I get stucked with Usdt when trading I always remember myself what happened in 2018 when bitcoin was trading @ 19k and in February 2018 it goes down to 9k, even in January 2019 bitcoin was trading at 3,500$, My point here is there is time for everything in crypto space, Lack of patience is what's affecting many and also fear of missing out, even if bitcoin hit 50k today alas it will shrink in value sooner or later, bitcoin is volatile, its left for you to choose the best time to buy, as for me, what I care most about is turning 0.5btc to 1BTC
So you try to calm down on the usdt where the concept is stable coin and the possibility of going down won't be deep? I don't really know what you mean and whether you are comparing the volatility of the two cryptos. There are some stable coins which in my opinion are better when dealing with red market issues, and indeed if you see the concept of stable coins is a safe way to minimize losses.

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February 16, 2020, 06:24:32 AM
 #36

Bitcoin price keeps faking since last night and rumours are going around that it is a big correction, be on guide because bitcoin can hit 8k before recovery again

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February 16, 2020, 11:38:23 AM
 #37

Cryptocurrency market is known for its volatility and that is one of main reason why Bitcoin has reached such a price point. Investing in Bitcoin is always risky. I am sure everyone knows that here. How to convert 0.5BTC to 1BTC? For that there are many ways. It depends on you which method you would like to implement.

If you think your method is more reliable and you done ample amount of research then carry on. As per me I will never do it in that manner.


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February 16, 2020, 01:25:39 PM
 #38

Bitcoin price keeps faking since last night and rumours are going around that it is a big correction, be on guide because bitcoin can hit 8k before recovery again
a correction did occur, but I'm not sure it will happen deeper. the market looks strong, and I am still sure that the improvement will happen soon. a decline does occur, but this is like a normal way when an update will occur.
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February 16, 2020, 01:30:58 PM
 #39

i like your courage. it will take years to achive such target but it is achiveable only if you have alternative source of income. few people here uses crypto are their primary source of income. hopefully they must trade to make such target happen. they don't have to buy and wait for long. All they need do is trade and make sales for their account to grow and then cash out.
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February 16, 2020, 01:45:34 PM
 #40

Keeping USDT is safe to augment your trading if price dips instead of selling for loss , you will buy lower to complement the loss and make profit. This is a strategy that works.
I think USDT is a token or coin that gets direct support from the USD but the price increase and movement is very long even very stable this means if you hold it for a very long time then you get very little profit, it is better to hold another coin like bitcoin that has a chance good to be able to make a profit.

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