USDT APPROACHING #1,500 to NAIRA peir

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Now, I was asked to explain the possible loss part of the USDT Investment. Because of transparency purpose, rather than just the profitability display. Here I am:

Now, you should know that the investment of USDT is not that really different from that of Cryptocurrency. But then to avoid extremism, let me go straight to explain the loss possible part.

If you buy #300,000 USDT while the Dollar exchange rate is 1500, you will have 200USDT if purchased. If the exchange rate suddenly falls back below #1500 like going back to #1000, that means you will further run into loss if sold your #USDT that period. Because is lesser than the price you purchased it.

On the other word, If you need the money for urgent purpose and sale your USDT at a lesser rate compare to when purchased at higher rate, prepare to loose. Ok!

Now, what I do is this, if Dollars reduced, I usually wait until it rises up again. Just as you will wait for $BTC $ETH or $SOL or any Alt coins to increase before you sale using spot trade since was purchased at higher rate when entered market. So, I have to wait in my case to see has increased, then would sale at a pleasing price.

is that understood?

#FOLLOW ME