Quote from: RewFrew on August 15, 2023, 05:49:28 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?

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

We know USDT is Stable coin. But it also a crypto-currency. So it can be fall down i think. But it will never impact with me. Because i only use USDT for converte to another cryptocurrency. I never hold it. As i never hold it so i think it will never impact to my portfolio if it’s price fall down. And i also think when USDT price will fall then other stable coin will fill its place.There are many stable coin available in cryptocurrency market like USD, BUSD, USDC etc. We saw some days ago it happen with UST but within short time another stable coin fill It's place.

And you think exactly correct i also think don’t put all fund in one Basket. All we know that cryptocurrency is highly profitable and highly risky. So all of us have to think aboit It's risk. And i will tell when you will saw any problem in USDT then please avoid it then. Because it is a stable coin. No any profit you will get from holding USDT.

The cryptocurrency market is still relatively young and can be influenced by events that impact overall market sentiment. If a major stablecoin like Tether were to falter, it could lead to a decrease in overall confidence in the cryptocurrency market, potentially causing broader market declines.