Good-Guy
VIP Contributor
Cryptocurrencies are highly volatile and we all know this. The fact of the matter is that almost all the cryptocurrencies are volatile and there is a risk involved when it comes to holding crypto coins. However, now I am considering holding all of my life savings into crypto coin called tether. I have saved my life saving in a payment processor but the big problem is that we cannot trust payment process either. In the past, many payment processors like Solid Trust pay, Payza, Liberty Reserve, E-Gold got shutdown by the government and probably a good number of people lost money. However, is it wise to save money in Tether cryptocurrency, as Tether is decentralized and cannot be controlled by anyone? Since tether cannot be controlled by anyone, would it be a wise decision to store life saving to store in Tether wallet?