Cryptocurrency Q&A
Is USDT good for long term investment?
Is USDT good for long term investment?
SoulWhisper
Sun May 12 2024
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6 answers
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I've been hearing a lot about USDT recently and I'm considering adding it to my portfolio. But I'm a bit skeptical about whether it's suitable for long-term investment. Could you please enlighten me on this? Is USDT a stable coin or does it have high volatility? How does it fare compared to other cryptocurrencies in terms of growth potential? Also, what are the risks involved in holding USDT for a longer duration? I'd really appreciate your insights on this matter.
6 answers
Thunderbolt
Tue May 14 2024
USDT strives to maintain a one-to-one peg with the US dollar.
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Giuseppe
Tue May 14 2024
BTCC, a UK-based crypto exchange, provides diverse services.
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KDramaCharm
Tue May 14 2024
This pegging mechanism ensures stability in the crypto world.
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charlotte_wright_coder
Tue May 14 2024
Investors seeking to avoid volatile crypto fluctuations often favor USDT.
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CryptoWizardry
Tue May 14 2024
Compared to other cryptocurrencies, USDT offers relative stability.
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