My opinion depends on the moment. For example, I don't know if it's worth it now, because the USDT is on the rise. It could fall and depreciate. You have to try to do an Average Price. I'm at PM 5.65.
O sonegador
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Is it better to buy cryptocurrencies in USDT or BRL?
Not sure which of the two pairs to trade your cryptocurrencies with? What are the implications of working with each of them?
This is a very common question and still confuses many users, especially those who are not very familiar with the crypto market.
Buying cryptocurrencies in dollars (Tether) The financial asset used as a reference for the value of cryptocurrencies is the US dollar (USD). This means that, regardless of the pair used for trading, the market understands that the US dollar is the basis for the average pricing.
Even when you trade, for example, in the BTC/BRL (Bitcoin/Real) pair, the quote is based on the BTC/USD (Bitcoin/US dollar) pair.
In other words: when you trade cryptocurrencies in USD pair, it means that you are working directly with the price reference on a global scale, without the need to make currency conversions.
Buying cryptocurrencies in reais 💲
When you buy cryptocurrencies in reais, the situation becomes a little more complex. This is because, as previously mentioned, the global reference is the US dollar.
This occurs due to the direct influence of the exchange rate. For example, imagine that 1 USD = 6.24 BRL (1 US dollar is equivalent to 6.24 reais).
If the value of the dollar starts to fall, it will be possible to buy more cryptocurrencies with the same amount of reais; on the other hand, if the value of the dollar rises (which has been the reality) it will be necessary to spend more reais to make the same purchase.
This means that strong fluctuations in dollar prices directly affect the performance of the asset in reais.
You'll see when you get a down cycle, and I started at the end of 2021 and got the whole down cycle. think that 1 year ago it was half the price it is today. wait!!!
Lawrence Chesley hO8x
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Guys, is this drop in Bitcoin normal? In less than an hour, it dropped more than 4 thousand dollars…????????? What madness?
Dude, I bought XRP twelve days ago at $2.45, and the price just kept dropping. I finally sold at $2 today to cut my losses, but two hours later it jumped! Is this some kind of cruel joke?
from what I saw, there are still 20 billion left to be released into circulation
SATORI NACAMOTO
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Guys, #XLM is offering an excellent opportunity, maximum 50 billion, total value 50 billion, that is, it has already dumped all the Tokes and the value in circulation is 30 billion, that is, I believe it can reach 5 dollars in 2025, just be patient.
impossible, think about it... if today the BTC market cap is $1.86 trillion with 19.8 million tokens, if Pepe reaches $0.1 with 420 trillion tokens, it will have a market cap of $42 trillion.
CleidsonLopes
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Bullish
🔴 2013 - Lost BTC 🔴 2014 - Lost DOGE 🔴 2015 - Lost XRP 🔴 2016 - Lost ETH 🔴 2017 - Lost ADA 🔴 2018 - Lost BNB 🔴 2019 - Lost LINK 🔴 2020 - Lost DOT 🔴 2021 - Lost SHIB
🟢 Don't miss PEPE in crypto $PEPE $BTC #BtcNewHolder
And I also do average price in USDT. My PM is at R$5.60
FoxyeBR
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• The market is simpler than you think. If you do the basics (which work), you will profit more than those who hunt for trades every day.
• Do DCA in Dollars (Average Price).
• Do DCA in the cryptocurrencies you chose to invest in (Average Price).
• Make sure you chose good projects.
• Understand which are the strong narratives for this cycle (In my opinion, the key narratives are: RWA, IA, MEMECOIN, DEFI, some DEX and some BLOCKCHAINS).
• Stop inventing trends. If you don't understand anything about futures markets, keep buying SPOT. Futures don't offer a future for inexperienced traders.
• Did the cryptocurrency correct or retreat? Don't sell at a loss. If you have money to invest more, continue with the DCA strategy (Average Price). Don't have more to invest during this decline? Just watch the market and let it make its own move. Do the same with the Dollar.
• Be patient, the market moves in waves. No currency will give you 10x, 20x, 30x or 50x in a straight line!
• The market will always give you opportunities, don't be greedy. Don't be hunting for trades or getting out of currencies all the time, as this will make you miss out on big gains.
• Declines, corrections and fluctuations are normal. Get this into your head! Do the basics well and you will see your portfolio appreciate over time.
I do exactly that. This is my portfolio with what I'm making in profit/loss in each of the cryptos I've invested in.
FoxyeBR
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• The market is simpler than you think. If you do the basics (which work), you will profit more than those who hunt for trades every day.
• Do DCA in Dollars (Average Price).
• Do DCA in the cryptocurrencies you chose to invest in (Average Price).
• Make sure you chose good projects.
• Understand which are the strong narratives for this cycle (In my opinion, the key narratives are: RWA, IA, MEMECOIN, DEFI, some DEX and some BLOCKCHAINS).
• Stop inventing trends. If you don't understand anything about futures markets, keep buying SPOT. Futures don't offer a future for inexperienced traders.
• Did the cryptocurrency correct or retreat? Don't sell at a loss. If you have money to invest more, continue with the DCA strategy (Average Price). Don't have more to invest during this decline? Just watch the market and let it make its own move. Do the same with the Dollar.
• Be patient, the market moves in waves. No currency will give you 10x, 20x, 30x or 50x in a straight line!
• The market will always give you opportunities, don't be greedy. Don't be hunting for trades or getting out of currencies all the time, as this will make you miss out on big gains.
• Declines, corrections and fluctuations are normal. Get this into your head! Do the basics well and you will see your portfolio appreciate over time.
I invested r$ 60reas, I went to make the withdrawal and this was it 😕 oxe the same amount was supposed to come back... nera no (?) even when you send it via Pix they charge a fee of 3.5... I'll leave it up to a week to see how much it is!!!
my average price is 153$, im still in profit. news says it will go over 500$ in this altsession
BCharles
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I spent over $20k on Solana at $229, and I'm terrified... but I've been reading a lot about Solana. In December alone, countless companies are migrating to it!
It was even possible to change it to Portuguese from Portugal, on a certain day, but now it's down.
sou pobre socorro
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Apparently the futures market is not allowed by the Brazilian language, but if you change to another language the option is released. Does anyone know if this is safe or if the government and the IRS will hunt me down?