Am I a coward for being all in USDT right now? I can’t shake the feeling that this past month is one big bull trap

Am I a coward for being all in USDT right now? I can’t shake the feeling that this past month is one big bull trap.

I won’t go back in until BTC is around the admittedly arbitrary figure of $7k.

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scared money don’t make money, also
>buy signal

fugg where can I get a big titty gf like that to mean mug me?

Its stupid to be all-in something, why didnt you keep 20% btc

> all in USDT
you realize USDT is backed by nothing and currently under investigation
USDT could collapse any day now

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Either a coward or just sort of lazy..
I think we're going done too but I'm in btc right now because we're having a bit of a pull back at the moment

>muh coward
lol
the absolute state of crypto traders
you do whatever you want, bro.

Enough with this fud.

Tether is backed mainly by cash equivalents and low risk securities.

Nope. I'm in DAI and USDC myself. Even Charlie Lee tweeted Litecoin is gonna go down, and that son of a bitch knows some shit.

> fud
enjoy your loss
ironically btc will probably go to 7k after tether collapse

You’re not a coward you’re just an absolute fucking retard

I’m going to laugh so fucking hard when you permabull fags who mocked us bobos for years finally lose all your fucking money

At least convert to usdc you absolute brainlet

I sold everything to fiat the other day at 13k, kinda regretting it now but I got a bad feeling about this market and Sony trust the other stable coins in the event of a tether collapse, they dont have the liquidity to absorb the whole market. Hopefully I made the right decision, thinking I'll buy back in August 1st after the court hearing

Being in usdt would be terrifying

tether collapse would cause a giant increase as people like him scrambled to get out of it.. you haven't thought it through

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Where do u get usdc for usdt

what happens to BTC price when Tether collapses?

the usdt pairs would spike up then the market would crash when all the volume get pushed to fiat pairs

kek

true nobody in USA wants to be trading in and out of USD every trade

this apu is super comfy user
im stealing him for my collection and theres nothing you can do about it

that's ok apus are open source

Milktruck has arrived!

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this.
literally its part of the plan to crash the tether plane

Get in low priced exchange coins like ku coin

More milk please

You have balls of steel to be all-in on tether.

I can’t believe you moonbabies think tether collapsing will spike the price of btc

What will happen is the tether price will skyrocket, btc wil briefly pump like 1k I time everyone realizes what’s going on and then we dump to sub 1k

Yes, if BTC did crash to 7k you still wouldn't buy.

>tether collapsing will skyrocket tether

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where will tetherheads go when the panic sets in? Anywhere but tether, most likely into BTC. Tether price will collapse as supply in that moment is static and demand is nowhere to be found.

Rationally explain to me why it would cause BTC to sub 1k.

>other tether fud thread ending up concluding that tether fud is actually bullish
Everytime. This is old news and everyone know already.

no retard read the latest nyag document. they LOANED tether to traders.

guy has 1 mil usdt. Oh shit it's back by nothing. He wants real usd. He sells for btc. then he sells his btc for real 1 mil usd.