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by creepto 1896 days ago
Tether goes BRRRRRR.

In this week alone they've printed 4 Billion USDT (totally backed money).

In one year they've printed 43 billion.

Can't wait for the crash, hopefully the market doesn't stay irrational longer than I can stay solvent.

2 comments

When things are volatile but are on a strong upswing, I'd recommend buying in using DCA and keep adjusting stops at whatever level you're comfortable with (I use 90% for crypto atm.). You're right it's gonna burst - every free market does Eventually. But when does it burst? Will it burst before cash? Before stocks? Before gold? Before bonds? Who knows. So I just put 20-30% in each, put in stops, and sleep calmly through it.
They scammed so much money they can buy any legislation, any prosecution, any audit several times over and continue for 10 more years. Look what happened to BCCI, one of the biggest banking scandals of the nineties.