Short all the stable coins close to 1 as you can with MAX leverage.
The trade is hugle assymetric. Max loss is 1% but max upside is 100% thats 100/1. 10-20x leverage should be used too.
NO.1 trade rn folks
Thoughts on shorting tether with max leverage possible? It's a long shot but besides some fees there in my opinion is only upside if worst case scenario for tether happens. Which exchange would be best and thoughts about the idea are more than welcome.
The exchange said that the new margin trading service aims to improve its stablecoin offerings to enable it to remain consistent with user demand and market evolution. The new service would, therefore, enable Bitfinex investors to conduct leveraged trades for the trading pairs. This means that customers will be able to borrow money from the platform to exchange...
Just something I've been noticing lately. Whenever the price of Tether compared to USD has a spike above $1.00075, the entire market will dive a minute later. The symmetrical dive of every token is obviously in response to one temporarily neededing less USDT to buy every token.
Is this an opportunity for those with custom bots to craft an algorithm to close all...
Guys today i not give you any type of prediction but i share something with you if you start trading and new in market so do trading 1 day time frame first earn continuous in 1 day time frame then start tradind 5 min and 15 min chart frame start with swing trading ya positional trading this is best for begginers why beasue it is easy and executable and market all...
been some FUD for a while about tether backing having CP in evergrande
we're going to find out very soon if that's a thing.
will be watching this chart, along with USDT market cap to see if there are any systemic risks due to this.
Business media has raised its concerns regarding the stability of Tether USD. Personally, for me, it has been challenging to make an opinion is a Tether really going to continue its stability. What do you think, will Tether keep its status as the number one stable coin in the crypto market?
Bloomberg article: www.bloomberg.com
Just an observation. I overlay each stable coin pair to find potential buy points.
Think of it as ghost candles and you are trying to buy a dollar with a dollar for less than a dollar....
All of the fundamentals tells us that the USDT era is coming to his end. RIP USDT :D The safest place to short this thing is in FTX ftx.com Not a financial advice!
One thing I immediately noticed this morning, is how much USD-T had gained relative to its normally inconspicuous (boring) deviation (lack of change).
It's obvious now.
If I can personify a moment, Bitcoin doesn't like money moving in and out. If we thought Ethereum was like a turtle, over-reacting and pulling its head into its shell at the slightest movement,...
NY Attorney General has deemed Bitfinex and Tether illegal in New York State? And why?
ag.ny.gov
I'm relatively new to crypto but Tether and stablecoins are a complete scam? It's like a digital counterfeit US Dollar that's beyond the US regulatory reach? Or not?
If one carefully reads New York's Attorney General - seems like she's passing the baton to other...
