You are viewing a single comment's thread from:

RE: Crypto Academy week 6 post for [@yohan2on] // Tether Stable Coin

Hi @rafyray

Thanks for attending the 6th -Crypto course and for your effort in doing the given homework task.

Feedback

As at now tether is the most traded coin in the world and it is the best time to invest in tether because runs with USD in a way that if you have 50USDT you can exchange it for 50 USD , research made by experience traders advised that one should start investing in Tether because since 2020 it price began to increased till 2021 and it expected to increase higher .

However, Tether is not a good investment in terms of yielding a return of investment reason being that, it's value is fixed year in year out. It remains pegged to the USD regardless of the fluctuations in the Crypto market prices. It's just a good one for safeguarding the Crypto traders investments from the high market volatility.

Otherwise, this is good work well done with your research study on Tether.

Homework task
7.5

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.030
BTC 58659.71
ETH 3164.52
USDT 1.00
SBD 2.43