Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on October 12, 2018, 02:53:08 AM
-
In crypto, one of the best ways to saVe money especially during bear market seasons is to tether the amount you wish to save. The USDT is a coin which almost does not see any increase or decrease in price irrespective of the market situation.
-
I agree with you about saving money in this Crypto. In addition to trading and investment, money can also be stored on standard coins, coins that barely see an increase or decrease in price regardless of the market situation. Because coins like that are the most suitable for saving your money without having to worry about prices going down or going up.
-
Yes, you are right on the USDT almost no effect on the cryptocurrency market, but the fact is that if something happens on the financial market, then the consequences will be identical to the market of fiat money!
-
It is mostly the strategy of many everytime the market crashes. It is actually a good one especially if you are not planning to buy an altcoin with BTC
-
You're right, it's better to tether money at the bear market. Because the bear market is the best time for us to invest. We can get cheap prices and save them for a few months to get a profit.
-
In crypto, one of the best ways to saVe money especially during bear market seasons is to tether the amount you wish to save. The USDT is a coin which almost does not see any increase or decrease in price irrespective of the market situation.
don't buy theter, if you are buy theter I think you are better not buying crypto, because theter price same as USD.
if you wana safe investmen, buy market koin or token. like bnb,dot,cet and other.
because their market always support this coin.
-
Use excanger to save ur money ..
-
Put your coins in a ledger and forget. I think this is the best way, then when you see news that "bitcoin rocketed", check how your coins are doing.
-
I think you can only hold crypto if you already bought it.
-
I think you are right on the side. Now is not the best time to buy coins. They even go down. Now many coins go down. No need to panic. I recently sold my tokens and moved to USDT. I think it is better than keeping money in your wallet.
Do not fully trust cryptocurrency. No one knows what will happen in the future.
-
Yes tethering is a good strategy but don't forget that USDT Tether is a cryptocurrency after all. And it has risks involved. I wish we had a way to store USD on our Ledger Nano S. That would be epic! And it would be a revolution. We are still in early adoption phase and I think in the future there may be a way to store fiat on Ledger.
-
In crypto, one of the best ways to saVe money especially during bear market seasons is to tether the amount you wish to save. The USDT is a coin which almost does not see any increase or decrease in price irrespective of the market situation.
Yes, I agree with you as the tether is a stable coin and we can buy many coins too with the tether. But some people prefer to stay at bitcoin because they can sell when the price increase for a small price. But it depends on what strategy we use so we can decide what will we do later and I am sure that every people have their strategy for this.
-
Saving money in cryptocurrency is a smart way, I agree with you in this case. Anyway, the problem is to choose the best coins for our investment. Not all the coins in cryptocurrency have a bright future, some of them may not survive during the bear market. Yeah, bear market have take very long time, It caused much changes in crypto market. If you are not smart in selecting coins, then you just waste time for the investment, and you lose your money forever. Among all coins, I just believe to invest in ethereum and bitcoin. I think they are the best coins to save our money, friend.
-
We don't know when the bear market season will come, so saving in USDT is too late. I keep saving bitcoin the most appropriate way, when the bear market season arrives we can buy the lowest price of Altcoin and sell it when it's profit. I think crypto trading must focus on collecting bitcoin, as for making withdrawals when bitcoin has reached ATH.
-
In crypto, one of the best ways to saVe money especially during bear market seasons is to tether the amount you wish to save. The USDT is a coin which almost does not see any increase or decrease in price irrespective of the market situation.
When the bear market, I save my money in bitcoin and ethereum. I think It is good way to gain profits.
-
I think the benefits of saving money on krypto are also good. because seeing the development of krypto prices every day also increases, so i really believe krypto is one of the good things that we can save money and be safe to get more profits.
-
Yes USDT is a good way to save your money, however noone has actually proved that this coin is really pegged to USD because noone can check if USD are really bought when USDT are emitted.
Another alternative can be EURN that is pegged to EUR but it's actually traded only on TheRockTrading Exchange if I remember well
-
I should have done this before the major crash, but who thought this kind of crash would happen. Converting my position to tether now, it's already late, but it's a lesson learned that in crypto all unimaginable things is possible to happen.
-
Ti save money in crypto is really depends on the movement of our crypto investment because one the crypto market will drops the value of our money is also dropping.
-
In crypto, one of the best ways to saVe money especially during bear market seasons is to tether the amount you wish to save. The USDT is a coin which almost does not see any increase or decrease in price irrespective of the market situation.
Yes, this makes sense, but the problem of the crypto market is that it is difficult to predict. Tomorrow the market can go both up and down, therefore, having come out today at USDT tomorrow, if the market grows, you cannot even buy the same amount of coins you had before the sale. It may be better to keep your money in crypto and not sell anything unnecessarily during a bear market.
-
Yes USDT is a good way to save your money, however noone has actually proved that this coin is really pegged to USD because noone can check if USD are really bought when USDT are emitted.
Another alternative can be EURN that is pegged to EUR but it's actually traded only on TheRockTrading Exchange if I remember well
Right ... a lot of issues suggest that USDT does not guarantee FIAT, but some people think saving their coins on stable coins is safer to reduce losses, so this is suitable for traders who want to rest.
-
Put your coins in a ledger and forget. I think this is the best way, then when you see news that "bitcoin rocketed", check how your coins are doing.
This is the easiest way to solve the issue, but for those who want to multiply their savings, they can use the opportunity to transfer their cryptocurrency to USDT for a certain time, while a bearish trend dominates in the crypto market, and then when the market reaches the bottom to buy more coins. But I believe that the market is now at the bottom and now is a good time to buy cryptocurrencies with good growth potential.
-
In addition to trading and investment, money can also be stored on standard coins, coins that barely see an increase or decrease in price regardless of the market situation.
-
Indeed, you are spot on the USDT no impact on the digital money advertise, however the truth of the matter is that if something occurs on the monetary market, at that point the outcomes will be indistinguishable to the market of fiat cash.
-
When I was just starting in the crypto world I keep my money first in my wallet that have fiat so that I will just convert into bitcoin or eth when I'm gonna use to buy or trade it. And to keep save your money don't convert all your fiat to crypto save something in your wallet so that you have real money you can use anytime you need it.
-
The most efficient way to save moneyof you engage in cryptocurrency is to convert it into fiat. Any coin regardless of the project name will be affected if market goes in trouble. USDT may have a slight movement of price but its not guarantee to have a fixed value of your money. In any way, usdt is still a cryptocurrency that is subject for volatility.
-
Do you think that there's a ton of capital sitting in Tether or other pegged stablecoins that are waiting to rush back into the market once there's bullish signs? That'd certainly help to pump the market up if people stopped holding Tether and put it back into Bitcoin and altcoins.
-
Yes tethering is a good strategy but don't forget that USDT Tether is a cryptocurrency after all. And it has risks involved. I wish we had a way to store USD on our Ledger Nano S. That would be epic! And it would be a revolution. We are still in early adoption phase and I think in the future there may be a way to store fiat on Ledger.
Storing fiat currency on a hard wallet defeats the whole object of the cryptocurrency industry, and one of the reasons why it is so hard to get people to adopt crypto as a genuine currency. If everyone stopped thinking of it purely as an investment opportunity, we might see some real adoption, instead of just trying to make quick money and jumping ship. I never use tether either, I know it's the sensible way to manage risk, but can't bring myself to do it.
-
Perhaps the USDT is not tied to the dollar in fact and it is not suitable for the role of replacing the dollar and a safe investment, but its price on the crypto exchanges corresponds to the price of the dollar and it is a good tool to temporarily exchange its cryptocurrency for USDT if the market moves down and return to cryptocurrency when the market recovers and begins to grow.
-
sure, you are right at the USDT nearly no effect on the cryptocurrency market, however the fact is if some thing occurs on the monetary market, then the effects can be same to the market of fiat money.