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You buy more Bitcoin keeps dipping, you keep buying, until your allocated risk for this nascent crypto digital asset has been met If you're starting from 0% net worth allocation, you have a lot of room. I was at 100% at one time The key is to get off 0%, once you hit 5, 10 is an easier step...

I might not be able to charge and drive our Tesla EV Life has risks, but we have to continue on living until we die

Hmmnnnn, all of a sudden got quiet here Could it be because bitcoin has bounced back to $33K? Listen, what is the downside risk at buying bitcoin at $33K today? What is the upside return? $100K? $200K? $300K? $500K? Think for yourself. Don't be influenced by posters such as S2007S...

Yea, this forum gets a lot of posts when bitcoin and cryptos are going down, lol, but they disappear when going up :D

Too many bearish posts here :D Could bitcoin go down to $25K in the short term? It's possible However, the question that should be asked is what will be the price of bitcoin by eoy 2021? NFA, but I believe bitcoin will be over $100K The upside is over 300% Think longer term and bigger...

One more time just to be clear, there is no need to redeem Tether for US $ to get the US $ in your hands If you want to get your $$$ back in your bank accounts, just sell the Tethers back to US $ on any exchange and wire the $$$ to your bank The spreads are extremely tight I see the posts...

I'm a cryptos believer, an eternal optimist The only way to invest in something that went from $0 to over $30K and not sell out completely is to have crazy stupid conviction and belief

China crackdown on bitcoin and cryptos is real No China ban fud, anymore Honestly, we in cryptos prefer China mining to be diminished or taken out completely. It's good for decentralization Long term this is very good for Bitcoin...

Oh wow, you're not even in the US and you're trying to turn into politics? Come on man, no gaslighting, I have provided details here, you're just going to throw shit like that Don't you have to deal with China fucking up your country Australia and your country too weak to fight back and bend...

See, I told you that you still wouldn't understand a simple explanation for a child Pekelo, it's simple, don't compare AAVE platform lending/borrowing to CDO, CDS, MBS That is a fucking lie and if you do not know it then I don't know what to tell you as far as your intelligence and...

You're overthinking it, RedDuke Cryptos financial systems are paid in cryptos To you they are magic internet money, to us, they are valuable crypto digital assets If Bitcoin and Ethereum and Tether goes to $0, won't matter to you or anyone who's not in cryptos Guess what? Bitcoin is worth...

You forgot how a bank works? You cannot borrow Tether from the AAVE platform without providing a collateral, such Eth or another crypto of value that is greater than the amount of USDT you're borrowing The LTV ratio is based on your collateral coin. When the value of collateral goes below a...

You're not prohibited from owning Tether as a US person That's a legal restriction on the website If you're in NY, you are not allowed to own Tether. Are you in NY? Otherwise, buy Tether from Coinbase Don't be scared, it's the only way you'll learn first hand how to handle Tether

DeFi or CeFi? Pekelo, do you see how much I write on my posts? I don't think anyone reads my posts Shit, I don't even want to read my posts, they are too fucking long Anyway, DeFi is easy, it's an open-book, the problem is you don't seem to want to understand it or are not capable to...

DeFi yields are based on supply and demand, and unfortunately, yields are very low currently, due to more supply. Confusing, huh? Supply (or deposits) of Tether on DeFi platform AAVE is high compared to demand (borrowing of crypto traders to use for buying more bitcoin or eth, basically, like...

EDIT: There's no need to redeem Tether to get your US $. Simply trade the USDT for US $ at any exchange and use the exchange's wire transfer method to wire US $ to your bank account I am not ignoring all your concerns and others have said the same thing, in one form or another. RedDuke has...

No, you are correct and I was being lazy not listing the necessary steps Tether and stablecoins do not have yields by default in a regular crypto wallet, unless it's a platform wallet For example, storing Tether and stablecoins on a Celsius, BlockFi, Voyager, Nexo wallet app (mobile app or web...

Have you ever handled Tether in a crypto wallet? Try it with a few hundred $ and play around with it, I suggest a Metamask wallet It's not like Venmo or PayPal or any of your centralized banking digital fiat money And if you want to redeem it for $, you do not have to make it so complicated...

No, I do not believe the volume affects the price which is quoted in US $ on all exchanges when exchanged for fiat over 90% of circulating supply of Tethers are held outside of exchanges, see my list If you look at item 2C on my list, the traders prefer to use Tether rather than wiring US $...

Yes, because Tethers are very high in demand Look at my list, wouldn't you think Tether and other stablecoins would be worth more? Absolutely! Tether and stablecoins are more valuable to exchanges, cryptos people who trade, merchants using it for cross border payments and transfers, and...