Should i Stick With USDT?

[sammalhotra]

I had some amount in my wallet and purchased Tether coins with that.

But for now, i am not sure if i should hold or exchange it with any other currency.

 

[jasonforrest]

Buy Bitcoin, hold for long time.
(if you're patient)

 

[SunnyLeon]

What's the thought process behind keeping your money in USDT? You either exchange it for $ and use it or you invest in crypto. Keeping it in USDT means it won't have the volatility of a crypto coin and you won't be able to use it as cash, so what's the point?

 

[sammalhotra]

What's the thought process behind keeping your money in USDT? You either exchange it for $ and use it or you invest in crypto. Keeping it in USDT means it won't have the volatility of a crypto coin and you won't be able to use it as cash, so what's the point?

No point, was just testing USDT

 

[sammalhotra]

Buy Bitcoin, hold for long time.
(if you're patient)

Will do it. Thanks

 

[NoYckl]

Everytime i make a trade and win money from it, i use hold on the USDT to keep in a fixed price, to invest again later in another trade.
Correct me if i am doing the wrong way?

 

[awesomewebsites]

I had some amount in my wallet and purchased Tether coins with that.

But for now, i am not sure if i should hold or exchange it with any other currency.

It will not grow much but if you want not to take risk, the best option actually.

 

[sammalhotra]

It will not grow much but if you want not to take risk, the best option actually.

As etherium is also growing, so should i exchange them with ETH

 

[693840]

As etherium is also growing, so should i exchange them with ETH

Don't invest in stuff if you have to ask other people for advice on what to do..

 

[thesilverhawk619]

No point whatsoever in holding USDT...
Best bet: ETH
Better bet: BTC

If you are ready to risk then go for some big alt.

 

[B2S]

First i would leave USDT because crypto is running as USD is losing value.Its currently losing its sole role as world reserve currency towards YUAN.
It means USD will be arround 50% devalued.
However don't miss the switch from current worthless ponzi crypto like bitcoin to the new generation crypto like STO's which will replace nearly all current crypto.
Remember smart money is jumping and taking profits from uninformed people who invest based on hype.
A good example the dot com bubble.They pump it and at it peaks the elite take profit and tank the price.
Bitcoin is no other.
Bitcoin has mainly 2 function.
Promote digitalmoney
Outperform gold TILL the monetary system change.

 

[awesomewebsites]

As etherium is also growing, so should i exchange them with ETH

See no one can predict future. But if you can take some risk, invest in coins and not on usdt.

 

[sammalhotra]

Don't invest in stuff if you have to ask other people for advice on what to do..

But for newbie,i guess it better to get advice from the persons already investing in crypto.

 

[sammalhotra]

thanks everyone for your advises. I really appreciate it.

 

[Dirtymind12]

Bitcoin is better than USD to hold.. Economy condition of USA may have huge strip in March.

 

[Toz]

Tether is a bigger risk than BTC, in my opinion. Tether is a ticking timebomb. I'd use USDC for more peace of mind.

 

[zaferkabalak]

You can make more profit with altcoins.

 

[Mr.Sinatra]

Pay close attention to the lawsuit going against Ripple.
How long you think until they will come after USDT?
Until you can buy food with USDT than you can save it.
Cheers everyone

 

[manolo12399]

with stable coins u can shop around, for great APY