As a long time cryptocurrency enthusiast, my recommendation for those who are interested in investing in cryptocurrency is to wait for USDT to collapse. Investing before it implodes will just bring you unnecessary stress, far greater than FOMO.
Once USDT collapses, crypto might be "down only" as they say. It could be like buying into Beanie Babies after they tanked. There's no guarantee there will be a next bubble.
thanks satoshi iii! however ,especially long term, i fear for any investor who will take random advice from the internet like this
They’re right though. Search “coffeezilla USDT” for some tether basics.
I don't know whether Tether is a scam or not but something missing from those analysis is that a lot of Tether's shady behavior (e.g. commingling of funds, buying dubious commercial paper, etc.) can also be explained by their difficulty in obtaining and maintaining bank accounts.