1 Level
4 Review
13 Karma
Review on Tether by Felix Banuchi
This is a coin that you love and hate. It's amazing to have stability in yourโฆ
This is a coin that you love and hate. It's amazing to have stability in your portfolio so you can have dry powder ready when the market dips, but this coin could blow up the market as well and I would hesitate using this coin for any prolonged period of time. Get in and get out...
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Pros
- The crypto market is so volatile that it is an invaluable tool to have a stable coin like Tether to reallocate your portfolio when the market is becoming bearish. I really love having this type of coin to help me sleep better at night when the market is on edge.
Cons
- Unfortunately there is a murky cloud hanging over this coin because Tether recently split up with their auditor before they could actually finish confirming if they were backing this coin with enough dollars. This issue makes me queasy every time I use it to get out of a position that is trending downwards.
