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

[ahmedo24]

In a country of poor value Currency or high volatile local currency to USD , stable coin will be better to invest on otherwise it has no interest or profit.

 

[Kelly5]

Investing in tether coin can only make sense if you will trade it at the end of the day for your local currency. Because it is a stable coin that does not change in value to the USD.

 

[Senator]

Tether coin is a stable coin. It is pegged at $1. If you invest in it, it might not really favour you except you are using it save the value of your fiat currencies. Then that's the only way it can be beneficial to you

 

[GIFTMICHAEL]

At times stable coins do fluctuate but not much. I've seen USDT coin going up small based on the increase of US dollar. It is not profitable enough to invest on stable cos its not volatile.

 

[Shigobad2020]

Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.

However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.

Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?

Are stable coins really as secure as we believe them to be?

Tether coin is universal mad known everywhere since its the coin that we can use for a lot of exchange , most especially on the Binance exchange, in mynown opinion its a secure coin.

 

[Richard92]

This all depends on the investor and how far he has study the cryptocurrency to know whether to invest or not it is right to invest on the cryptocurrency if it is appreciating faster.

 

[Elisha]

With the recent fluctuations in cryptocurrencies it is not advisable to invest there without a proper knowledge of how it goes
But investors well acquainted with the mode of operation should invest after weighing the benefits and risk of doing so

 

[Shigobad2020]

Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.

However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.

Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?

Are stable coins really as secure as we believe them to be?

It's adviseable to invest in anything that brings return so investing in tether is a good thing and its a popular coin because you can use it for a lot of exchanges , and it is also used on Binance

 

[Patrik]

For now? i don't think so, i mean, it was performing well back to a period of time, but nobody is talking about it these days, it's just Doge and BTC that took over the scenes these days

 

[BrolySSJ]

It's adviseable to invest in anything that brings return so investing in tether is a good thing and its a popular coin because you can use it for a lot of exchanges , and it is also used on Binance

It is used as a trading pair on many exchanges, and whilst that shows how much it is used, the limiting factor when it comes to investing in it is the fact that it is tied into the us dollar and therefore as a stable coin the price is unlikely to fluctuate for you to generate a profit from your investment.

 

[Sotherefore]

you are to invest in cryptocurrency with high volatility and good potential because this are cryptocurrency that will give you a high return on the amount of money you invested,these ones you are talking about is a stable coin and it's not good for investment because it may not yield any profit.

 

[Good-Person]

Thanks for the information. It's wise to save up your money in USDT because it the most stable coin ever. You loose nothing since it's the same value with 1$ and whenever dollar rises it rise too and when it fall, same thing happens.

As compared to cryptocurrencies, fiat currencies are less volatile. So the USDT is kind of different as compared to other cryptocurrencies. This is because the value of dollar might change every week or month, the value of crypto changes almost every day. This makes USDT unique a lot.

 

[Senator]

Stable coins have a different protocol that they were created from unlike the other type of cryptocurrencies out there. So yes it will maintain their stable nature with the fiat based currency they represent

 

[Kunkun]

Yeah tether coins can be quite stable although some investors would see that as a disadvantage since it isn't volatile to it won't be a good form of investment

 

[BrolySSJ]

Stable coins have a different protocol that they were created from unlike the other type of cryptocurrencies out there. So yes it will maintain their stable nature with the fiat based currency they represent

In my opinion, the only time that is great in order to be able to invest in a stable coin is during volatile period in the cryptocurrency market and if you want to secure the value of your investments.

 

[Akinwale701]

Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.

However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.

Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?

Are stable coins really as secure as we believe them to be?

investing in tether is nothing but a waste of time. the euphoria of investing in cryptocurrency is the increase or decrease in the market price of the coin which tether is not subject to, so it's just like holding money

 

[Nomad]

I have never taken interest in Tether therefore I cannot say whether it is good investment or not, however, at the moment, I am concentrating on ADA

 

[Dowenship]

Tether is very very important to invest in most especially when the market is not good and healthy, tether is the best coin, to invest in at that moment.

 

[FreshKaz11]

Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.

However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.

Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?

Are stable coins really as secure as we believe them to be?

I cant lie about what I don't know much about, because am just hearing this part of crypto currency for the first time,so if am interested in investing in it I guess I will have to do some research about it to know more.

 

[Josemendez]

Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.

However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.

Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?

Are stable coins really as secure as we believe them to be?

It is only people with weak and fluctuating Fiat currency can be able to benefit from investing in stable coins. We can only use it to store our fund during bearish market.