Do you think that it is advisable to invest in the tether coin?

[Justin]

Tether is a stable coin right? How can we profit by investing in tether coin when it is a stable coin. Stable coins were created to minimize the risk associated with the volatility of crypto currency.

 

[GoldenLady]

Tether has been facing regulatory issues but it always comes out stronger. Some people believe this is because it's too centralized and they now have stablecoins that are decentralized like the UST by Terra Labs..

 

[Senator]

Why would you think stable wouldn't be secure as they say they are? If you want to lose your cryptocurrency value, then don't save them in the stable coin and you'll see how much value you'd lost

 

[Ub40]

Personally, I don't have any money in the tether coin so I don't have any experience yet on how it works so as to know if it is advisable to invest in it or not. But I am sure you are going to find answers to your questions here. Or you can do more online research on it. Thanks for sharing.

 

[HayKay]

No coin isn't a good investment especially if you've done your background information and you're quite assured of the future performance of that coin.
I'll advise those who have the risk taking capacity to invest if it promises to perform well

 

[Elfinito]

Tether is a digital US dollar.
It is usually used by traders who wants to store their dollars in wallet.
It is a stable coins which has a very low volatility and I don't think it can ever go beyond the dollar

 

[Kingstone]

I love to convert my coins to USDT, tether because it is very stable against the dollar. It is usually exact price of dollar or a few cents less. It is a great coin but you don't have to invest in it because it will not generate more profit but it will be stagnant

 

[Immilash]

I have heard much about coins,but for tether this my first time of hearing that.well it might be advisable to invest on it bassed on what you've said earlier.

 

[Lucy ID]

I'm just hearing about this coin for the first time, does anyone have it or bought it yet, is it profit, do you think it's will bring a good return, please I like to know more information about this so I'll know if I will like to invest

 

[ganibade]

Is advisable to invest on tether.tether is one of cryptocurrency that grow very fast.investing on it would make more income and invest easily.

 

[GoldenLady]

It seems some exchanges like Binance offer high returns for staking stablecoins like the USDT, even higher than that of other volatile cryptocurrencies. This makes it an attractive investment.

 

[kinqzbitz]

I don't really know about the coins but from what I have seen it actually looks legit and I'll have to do some more findings about it to know if it is what you say it is

 

[Thinker009]

I think they are more secured , lot of people that invested in the coin could use it to carry out trading activities when they start to exchange the stable coin with other cojn

 

[Sotherefore]

A lot of people are investing in the US dollars and there is nothing wrong with that , but for the main purpose of maintaining the value of their assets in case that the is depreciating economy in their country
. But since it doesn't have volatility then it may not actually be able to give huge return on investment.

 

[Dagm1]

Because those are stable coins, such as USDT, I believe it is acceptable to own them in order to purchase new Cryptocurrencies, but not as an investment, because the price will not rise no matter how long you wait. When I have steady currencies, all I do is exchange them for other coins right away.

 

[greenie]

Tether cryptocurrency coin is one of the most stable currency in the cryptocurrency system and as a result of this I do not advise people to directly invest in them because they are stable coins and have little or no possibility of gaining value in the future, sometimes these are most of the coin that are used by some trading platform in place of dollar because they are always stable and they do not have the possibilities of rising in value.

 

[Laurentta]

In my opinion, investment in this so called tether coin is not a wise idea. We can not determine the stability of coin. A minute they could be stable and the next minute, they become unstable.

 

[Ononivami]

I don't think it's possible to invest on stable coins. Most of the stable coin have almost the same value of the dollar. So, investing on such coin would mean a total waste of the time. You could use it to hold your funds in cryptocurrency wallet.

 

[BrolySSJ]

I don't think it's possible to invest on stable coins. Most of the stable coin have almost the same value of the dollar. So, investing on such coin would mean a total waste of the time. You could use it to hold your funds in cryptocurrency wallet.

There are very minor changes in the value of these coins and therefore if you are able to actually take the time in order to invest a large amount then you can make quite a bit of profit on it.

 

[Ononivami]

There are very minor changes in the value of these coins and therefore if you are able to actually take the time in order to invest a large amount then you can make quite a bit of profit on it.

That's another informative idea but it is very rare for you to see stable coin move above the dollar. It's always a little below $1and that's going to be very difficult to make money from. Have you seen the stable coin go past the dollar?