Im on the newer side to crypto, just want to say that first.
Tether always stays between .99 and 1.01. How, I dont know. With it never really changing in price, why not convert your cryptos to tether to avoid losses when the market is crashing?
It is a stable coin it always stays there. There were rumours about it (that they print more usdt to make speculations-pumps) but I think they're cleaned.Tether always stays between .99 and 1.01. How, I dont know. With it never really changing in price, why not convert your cryptos to tether to avoid losses when the market is crashing?
So why not, if you can sense the dump you can sell to usdt and wait to buy again at the dip. However, whenever I sell something (thinking it won't rise more) it moons. When I don't sell something it crashes. And this happens to everyone
so don't be upset if the coin you sold makes +50% after you sell. Sell high buy low is the point but you generally cannot do it.