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Crypto Discussion Forum => Cryptocurrency discussions => Crypto Meetups & Events => Topic started by: gourav787 on August 02, 2020, 04:17:24 PM

Title: investing in tether , yes or no ?
Post by: gourav787 on August 02, 2020, 04:17:24 PM

Hi guys!

 

Tehter is known as a stablecoin, so it has a fixed value which allows it to avoid the volatility of other cryptocurrencies.

Various crypto platforms have predicted that USDT will maintain its value from 2020-2025. The mass adoption of digital currencies contributes to the growth of Tether as it continues to retain its 1:1 ratio with USD. But there has been quite a lot of fuss around it as well.. About its company and how they operate.

In your opinion, is USDT a safe coin to invest in?

Title: Re: investing in tether , yes or no ?
Post by: GeorgeReece on August 13, 2020, 01:28:52 PM

There are many new people learning about cryptocurrency that Tether is a coin similar to BTC, ETH, XRP and can be invested to make a profit, but not so, it is just a coin for you to keep the price. value of other coins. As for BTC, ETH, .. and other altcoins their value is always very volatile. You can take advantage of that to invest in a profit by buying when the price is low, by selling at a high price.

Title: Re: investing in tether , yes or no ?
Post by: GeorgeReece on August 13, 2020, 01:33:31 PM

Tether is a platform that allows Fiat currencies to be used on the Blockchain through the issuance of Tether Tokens of equivalent value. That's why I think we should invest a few here

Title: Re: investing in tether , yes or no ?
Post by: EthanDavid on August 14, 2020, 05:57:40 AM

we should trust and invest in tether as the Tether Executive Team emphasized that this virtual currency is not an AltCoin or a competitor to Bitcoin but adds technology to Bitcoin. It is meant to support the wider use of Bitcoin, allowing users to be attracted to the blockchain but fear volatility becomes an easy entry into the market.

Title: Re: investing in tether , yes or no ?
Post by: JackConnor on August 14, 2020, 11:26:17 AM

At the moment, Tether has issued three 100% guaranteed tokens in three different fiat currencies: USD, EURO and CNH (Offshore Chinese Yuan). The tokens are USD ₮, ERU ₮ and CNH ₮. That's why I think it will grow very quickly in the coming time, so we should invest now

Title: Re: investing in tether , yes or no ?
Post by: homhay on August 23, 2020, 02:23:51 PM

nothing in cryptocurrency investing is safe, because the ups and downs of the price are determined by market demand even though currently monitoring the price of USDT is relatively stable.

Title: Re: investing in tether , yes or no ?
Post by: Pirate on August 26, 2020, 12:14:06 AM

actually investing in USDT is very good, because the coin price is relatively stable, but if you see USDT traders it is not the right choice for trading, because traders are looking for profit when the price of a coin goes up and down