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.

#usdt #brl #usd #conversao #USDT。

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?

Guys, will PEPE give 0.10 by March 2015? What do you think??

$PEPE

⚠️$VELODROME PRICE PREDICTION 🔥2025: GET READY FOR LIFTOFF!📈

$VELODROME


As we delve into the world of decentralized finance ✅ (DeFi), one coin that's been gaining traction is Velodrome Finance (VELO).

🔵But what's in store for VELO by 2025? Let's explore the possibilities!

🔴Current Market Sentiment

VELO's price is expected to rise🔥 by 225.20% and reach✅ $0.617357 by January 28, 2025. The overall sentiment for VELO in 2025 is neutral📈, with a Fear & Greed Index of 72 (Greed).

⬜Price Prediction Breakdown

Here's a breakdown of the predicted price range for VELO in 2025:

🟣January: $0.228771 - $0.745087

🟣February: $0.582101 - $0.888197, with a potential ROI of 367.25%

🟣March: $0.467933 - $0.733564

🟣April: $0.639876 - $0.756458

🟣May: $0.494768 - $0.683885

🔴Key Factors Driving Growth

🔵DeFi adoption: VELO's focus on decentralized finance✅ and its user-friendly platform could drive growth.

🟣Partnerships and collaborations: Strategic partnerships could expand🔥 VELO's reach and use cases.

🔵Innovative development: Ongoing improvements 🔥and updates to the VELO ecosystem could boost investor confidence.

✅Conclusion
While price predictions are inherently🔥 uncertain, VELO's potential 📈for growth is undeniable.

#Velodrome #veloprotocol #Crypto2025Trends #Write2Earn #BinanceSquareTalks

• 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.

• 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 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!

Where can I see how much I bought the tokens for?

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?

Guys, I have a question. Is there a place where you can find out your real profit? For example: I bought USUAL at 0.60, and I contributed at 0.80, 1.10, 1.19... anyway... so I can't get an idea of ​​how much I invested and how much it appreciated. If anyone can give me a tip if Binance offers a report of this type, I would appreciate it.

Guys, I have a question. Is there a place where you can find out your real profit? For example: I bought USUAL at 0.60, and I contributed at 0.80, 1.10, 1.19... anyway... so I can't get an idea of ​​how much I invested and how much it appreciated. If anyone can give me a tip if Binance offers a report of this type, I would appreciate it.