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Author Topic: Growing My USDT Savings With This Method  (Read 1751 times)

Offline Z-tight

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Re: Growing My USDT Savings With This Method
« Reply #15 on: March 30, 2025, 05:04:58 PM »
In my opinion, it’s not worth it. I’d rather convert it to crypto and trade than let USDT sit idle in staking platforms.
Not worth it in my opinion too, though i wouldn't trade with it, because i do not really have any trading skills and i may lose the money immediately. I prefer to hold BTC, so i would surely convert to BTC and hold it for the long run, that would be my strategy.

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Re: Growing My USDT Savings With This Method
« Reply #15 on: March 30, 2025, 05:04:58 PM »

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Online PX-Z

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Re: Growing My USDT Savings With This Method
« Reply #16 on: March 31, 2025, 12:36:37 AM »
In my opinion, it’s not worth it. I’d rather convert it to crypto and trade than let USDT sit idle in staking platforms.
Not worth it in my opinion too, though i wouldn't trade with it, because i do not really have any trading skills and i may lose the money immediately. I prefer to hold BTC, so i would surely convert to BTC and hold it for the long run, that would be my strategy.
Remember those staking platforms like BlockFi that offered staking but later filed for bankruptcy? That’s one of the risks of staking, aside from the long-term contracts you have to agree to and cant control over it later.

It’s not just trading where you can lose money, you can just bounce back as long as you choose those crypto with potential. However, holding BTC remains one of the best ways to avoid losses and potentially gain profits over time.
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Re: Growing My USDT Savings With This Method
« Reply #16 on: March 31, 2025, 12:36:37 AM »

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Offline KryptoBull

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Re: Growing My USDT Savings With This Method
« Reply #17 on: April 06, 2025, 12:17:14 PM »
Remember those staking platforms like BlockFi that offered staking but later filed for bankruptcy? That’s one of the risks of staking, aside from the long-term contracts you have to agree to and cant control over it later.

It’s not just trading where you can lose money, you can just bounce back as long as you choose those crypto with potential. However, holding BTC remains one of the best ways to avoid losses and potentially gain profits over time.
If you don't trust centralized companies, adding liquidity yourself on reputable DEXs like Uni & Pancake is also quite safe: you still have full control over your tokens. Especially when adding liquidity for stablecoin pairs, you won't have to worry about price fluctuations in the market, and profits are always guaranteed.

For me, this isn't the time to talk about how to profit from stablecoins. We're still in an uptrend, and the price volatility of larger tokens is significantly greater than the APR that stablecoin holders can receive from staking/liquidity providing programs.

 

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