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Author Topic: Btc and usdt people trust  (Read 528 times)
YOSHIE
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March 29, 2022, 01:41:11 PM
 #61

Traders and alot rich traders investors are in 2 things.
As far as I know investors don't have two things in trading, what they have is two ways investors trade.
1. Bitcoin
2. USDT.

Speaking of trust, what is certain is that investors have their own beliefs to trade Bitcoin of their choice and usdt as well as their choice, fact, if rich investors already know about Bitcoin they will leave usdt.

Bitcoin trading is much more profitable than USDT, in the current situation, I think investors trust Bitcoin more than USDT, If it is explained here why they believe in Bitcoin, it may take two pages, the point is: investors believe in Bitcoin more, usdt only as a means or bridge to cross.

R


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March 29, 2022, 02:19:57 PM
 #62

The presence of stable coins makes investors no longer hesitate to enter cryptocurrencies, and so far there are more than 10 popular stable coins, I am actively trading with stable coins because I can immediately know profit or loss, and the presence of stable coins is certainly the best solution for investors to move assets when the market is going down.


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March 29, 2022, 03:27:22 PM
 #63

If you must know, not only do exchanges have control overused unless the ones that are stored on the exchange that USTD in the private wallet of users are more secure in case of any security challenges.
Bitcoin&USTD function differently bitcoin is decentralized so it holders have the total control of their funds but that can not be said with used as it is centralized and controlled by third parties aside from its holders.
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March 29, 2022, 04:49:05 PM
 #64

The presence of stable coins makes investors no longer hesitate to enter cryptocurrencies, and so far there are more than 10 popular stable coins, I am actively trading with stable coins because I can immediately know profit or loss, and the presence of stable coins is certainly the best solution for investors to move assets when the market is going down.

Stable coins have a huge role in the whole crypto industry and we can't question investors why they always choose to trust Bitcoin and USDT among other coins. Most of us always want assurance when it comes to investment and since these two are well established, they could surely provide a good profit in time.
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March 29, 2022, 07:54:38 PM
 #65

Most of us always want assurance when it comes to investment and since these two are well established, they could surely provide a good profit in time.

From what I have read in this topic a lot of people (me included) doubt the assuarance of USDT. That is why all this discussion about comparison between BTC and USDT started. USDT is a nice instrument to make clear your profits and loses. But it is not itself an asset to earn and safe. And that is why it can not be compared to other cryptos whih are created to grow in price. 

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March 30, 2022, 06:30:09 PM
 #66

Most of us always want assurance when it comes to investment and since these two are well established, they could surely provide a good profit in time.
From what I have read in this topic a lot of people (me included) doubt the assuarance of USDT. That is why all this discussion about comparison between BTC and USDT started. USDT is a nice instrument to make clear your profits and loses. But it is not itself an asset to earn and safe. And that is why it can not be compared to other cryptos whih are created to grow in price.  
USDT is a stable coin that is pegged to the US dollar, so you can’t expect it to grow like Bitcoin, ethereum and other cryptocurrencies that are not stable coins. I know that a lot of people do not trust USDT this time around because we all now know that it is not fully backed by the US dollar, but even at that it still stays as the top stable coin. I don’t think it is going to fail like some people think it would.

Even till now there are still lots of people who are making use of this stable coin and are using it for their daily trading. So, I believe that it is going to keep going strong everyday. But with that said, people should also know what is right for them to do, if you don’t trust it you still have other coins to select.

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March 30, 2022, 06:45:21 PM
 #67

Does any one trust the dollar? Well I don't think so but people uses it, that is how USDT is to Crypto users, USDT is like our on form of USDT, it may be a stablecoin coin buy it's far from a trusted Crypto-currency.
Bitcoin on the other hand is trusted because investors believes they can make profits from their Investment placed on Bitcoin, and if Bitcoin starts to drop and their trust weakens they can switch to USDT.

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March 30, 2022, 06:48:26 PM
 #68

i would rather trust total privacy to a centralized crypto dollar. Privacy is one thing i will choose a million times over publicly centralized and manipulative sort of coin. If the worries is just about volatility then i have nothing to worry so far my total number of coin remains intact if the market dips i wait if it surges then i take profit and wait to buy more. Never will i choose Usdt over BTC
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March 30, 2022, 07:24:36 PM
 #69

As far as I know investors don't have two things in trading, what they have is two ways investors trade.
1. Bitcoin
2. USDT.

Speaking of trust, what is certain is that investors have their own beliefs to trade Bitcoin of their choice and usdt as well as their choice, fact, if rich investors already know about Bitcoin they will leave usdt.

Bitcoin trading is much more profitable than USDT, in the current situation, I think investors trust Bitcoin more than USDT, If it is explained here why they believe in Bitcoin, it may take two pages, the point is: investors believe in Bitcoin more, usdt only as a means or bridge to cross.
I disagree with this, people trust way more than just btc and usdt, they trust altcoins as well. By the looks of it they unfortunately trust in wrong things as well, they are trusting like apecoin or whatever these days for example, they did that to doge and shiba at one point as well.

I am not saying that they are trusting in the great altcoins and doing awesome, they are sometimes trusting into the horrible stuff as well but that doesn't mean that they do not trust other stuff. Obviously, the most trusted ones are btc and usdt and I agree with that. However "the most trusted" and "only trusting" are different things. They do trust btc and usdt the most, but they also trust other coins as well.

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April 01, 2022, 06:13:43 AM
 #70

Traders and alot rich traders investors are in 2 things.
Btc and usdt as USDT is safe place to hold funds but how the exchangers protect this ?
Imagine if something happens with usdt many people will lose so much that they never cant deal with crypto anymore so what is the exvhangers security plan to fully protect customers ?
As myself fully depend on usdt thats how much i trust usdt and usdc also.

People want to be in crypto if they can funds in stable coins to give them safety but if usdt not safe as there is rumours about usdt then all the crypto game will be over.
I can never sleep well if i know my money will be in volatile coins so USDT is now very important and gives confidence for investors and crypto lovers such us myself
"not your key not you coin" these means once USDT will collapsed for sure there will be a massive losses from all traders who relies in stable coins to protect their money from the volatility of the market.

Actually that negative news seems nothing for me IMO because it's been how many months now and there's no changes in TETHER and the growth rate has increased instead despite of that rumors. However if you really scared, i think much you should find new stable coin since it's not the only one in the market.
Well, due to the bad news that can be given regarding USDT or any cryptocurrency, even so, if it includes Bitcoin, it does not matter, because I interpret it as an option to buy, I see it as manipulation, for the weak-minded or weak-handed it is a reason to "sell" immediately and for the smart ones or for the Strong Hands it is an opportunity to buy, of course this applies to Bitcoin, I don't know if tether lovers defend or seek that a stablecoin has more interaction or that it rises in price, which I see as a bit difficult, but the decision of each person and how they face it is respectable.

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April 01, 2022, 05:52:05 PM
 #71

we can't question investors why they always choose to trust Bitcoin and USDT among other coins.

Yes, we can. There are other stable coins like USDC and BUSD, which are in the first 15 in capitalization, so I guess we can trust them as well more or less. But for some reason USDT is chosen by much more investors. That`s why itis interesting to know the reasons for it. Also I believe that for clear trading fiat can also be used. From what I have read in this topic a lot of people choose USDT to emmediately understand their profits and losses. In my opinion, it can also be done using EUR or other fiat currency, presented at the exchanges.

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.BLACKJACK ♠ FUN.
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CRYPTO CASINO &
SPORTS BETTING
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