🌟 Hello trader, today let's quickly talk about Tether (USDT)
What is USDT?
A stablecoin pegged to the USD, so 1 USDT ≈ 1 USD.
Currently, the price of USDT remains stable around $1.00 and has very high liquidity.
Why do newcomers often use USDT?
Holding USDT helps you feel safer when the market fluctuates. It can easily be converted to crypto or US stock tokens at any time.
It is suitable for "standing aside to observe" and then quickly seizing opportunities when a good entry point is seen.
A small note:
USDT is stable but not without risks. Recently, some evaluators have warned about the safety of Tether's reserves. So if holding for a long time, traders should still keep an eye on stablecoin news.
A suggestion for newcomers:
Maintain a portion of your capital in USDT to serve as "waiting money for opportunities".$