🔴 Alarming News: Understanding Your Crypto Assets! 🔴

Ever wondered why your $28 in Binance isn’t growing? 🤔 Here’s the scoop:

A recent question revealed a common misconception: someone thought USDT (a stablecoin) would increase in value like #Bitcoin. Here’s the reality check:

• Stablecoins (like USDT) are designed to keep a steady price. 📉 Don’t expect growth with these; they’re stable, not speculative.

• Altcoins are other cryptocurrencies besides Bitcoin, and they can be just as volatile as Bitcoin, but with different risk profiles. 🌪️

• Bitcoin itself is highly volatile, with potential for significant gains or losses. 📈💥

• Tokens (including meme coins and NFTs) also have their own volatility. 🌀

If your funds are in USDT, they won’t grow unless you’re earning minimal rewards from specific programs. 📉 Remember, stablecoins are meant to remain steady in value, unlike the fluctuations of other cryptocurrencies.

Why the drop from $28 to $20? When converting to fiat (real money), transaction fees apply—ranging from 0.1% to 10%. 🏦 This means you’ll always receive less than your original amount after conversion. Fees vary by platform and transaction type, so it’s normal to see a decrease. No one’s cheating you; it’s just part of the crypto exchange process.

Stay informed and manage your expectations. Understanding how fees and coin types work helps you make better investment choices! 💡

#crypto101 #AltcoinStars #CPI_BTC_Watch #FTXSolanaRedemption #Write2Earn!