Hello everyone,
So I just recently got into trading and really loving it. I have to admit I haven't been doing so bad. My main goal is to accumalate as much ETH as I can since Alt coins seem to perform better against it as opposed to Bitcoin.
My main question though is regarding USDT. I've done quite a bit of reading on it and I like that it is a stable coin, but I am very nervous as it seems that the team behind it is quite shady in that they refuse to be audited. I've stayed away from it even though I do see it as very useful to hold any profits incase Ethereum goes down, but I always have this fear that I'll wake up one day to a scandal behind Tether and they would be useless and no one would want them.
What are your thoughts on this coin? and if you have the same anxiety how do you get around it locking in profits?
We can see that although in recent days the market is fluctuating continuously and is declining very seriously, but the price of USDT is still very stable and slightly increased. Therefore, in the days of Hurricane Hurricane market as the present time, USDT is a place where we can storm, very safe and convenient.