Quote from: Jating on August 05, 2023, 09:04:50 PM

Quote from: Princess_Devi on August 05, 2023, 05:06:15 PM

We know that USDT is coming back from the most horrific situations from the past. But I want you to answer this, what do you do if someday without any signs USDT falls back to 0.1-0.2$? What do you do? Can you survive in this situation? What do you do if you put all your assets in USDT?

Just curious to know your answer. Don't say reasons that it won't happens, because I want to know if something this kind of thing happens in future what will you do?

Of course it will put a dent on the market, as we all know stable coins are pegged 1:1 and we used it as hedge when the price is going down. And if the price of USDT is not pegged then it's going to be a concern for us as it will be very negative for investors. Not saying that the market will collapse, but there is a huge repercussions.

Quote from: Princess_Devi on August 05, 2023, 05:06:15 PM

If you ask my replay to this, I can say I will ok with it. Because I put my 20% into USDT right now. Why? because you know guys there is an Old saying Never put your all eggs in the same basket. Wink

So are you ok losing value when it goes like 1 USDT to .098$?

Obviously, your 20% is going down in value as well. And one more thing, USDT is not crypto that is used for investment, so your saying is not applicable here.

Am I Ok? Yes, I'm okay that's nearly 25000-26000$. I can recover that money just in 7-8 months only using my OnlyFans, ha ha Grin