The market is retracing, and lots of opportunities are starting to present themselves again. Market sentiment isn’t fearful anymore, which is good. Oh, before I forget—happy new month to you!
Back to the discussion: before the market started recovering, I saw an offer to stake USDT and earn up to 8% APR. I took the offer
here, but it seems surreal.
When the market was bleeding, I remained calm because of this opportunity I stumbled upon. It made me appreciate the diverse sectors within crypto and the various ways to earn.
I guess my question is: what’s your go-to strategy when the market isn’t favorable to you? And do you think staking rewards of 8% APR on USDT are sustainable?
I will suggest to take a very cautious step before trusting any centralized exchange. I have checked Coinmarketcap website and I can see it is listed there and currently trending at number 19. But that doesn't guarantee anything.
Also I believe some more trusted platforms offer USDT staking. You may want to look for trust than return. Safety of money is more important than the percentage of return.