Tether... WHY IT"S BETTER TO TAKE A 5% LOSS (USDT)

in #dtube7 years ago


Update: after recording this video I remembered that USDT is launching a new stablecoin on Tron Blockchain... You know what this reminds me of? When BitConnect was launching a new BitConnectX right before it exit scammed everyone. Just saying : /

TLDR I'm moving all my USDT to actual fiat in cash and taking a 5% loss because of converting to BTC, then to my local currency. Why? Because by my estimates there is about 10% chance USDT will exit scam or collapse in the near future, so a 5% loss as "insurance" feels like the better choice.

Stay profitable, better safe then sorry :D


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5% lost is better than a 100% loss. In the world of cryptocurrencies I think it's better to be safe than sorry. It's also good to follow your gut feelings in a lot of cases. Thanks for the advice :)

Posted using Partiko Android

Great video. The goal is always to stay profitable