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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13439206 No.13439206 [Reply] [Original]

What do? What happens to my tethered funds?

>> No.13439217

>>13439206
Get back into BTC right now.

>> No.13439224

>comfy in tether rn

losers HAHAHA
literally nothing ever happens I’ve been tethered since 5600

>> No.13439287

>>13439206
youre going to lose BTC (so in other words satoshis) when you trade tether for bitcoin right now. This is because tether's demand has fallen off. 1 Tether should be 1 USD but right now it's like 97 cents. This means your buying power with USDT is nerfed. People cashing out now from tether to btc are doing so out of fear. They are betting that what happened is so bad that tether will drop further towards 90 cents so they think they should exit tether now. Don't be like those reactive emotional programmable sheep apes. Hold your tether until you can sell it for a price that's not going to fuck you.

>> No.13439424
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13439424

>>13439287
>hold on to your %coinName%
I remember there were similar posts about bitconeeeeeeeect

>> No.13439497

>>13439424
idc if he holds tether. if everyone on /biz/ did exactly what I said when I said I doubt I could move the price of any coin more than a few cents. im all in xmr, just trying to help people out with rational explanations because it sucks to panic and live through your first crash/justing