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Is It Wise To Store Life Savings Into Tether Wallet?
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[QUOTE="Skysaint, post: 220139, member: 48818"] The USDT coin is actually a very stable coin and while all the coins where being bearish from last year, the coin remained fixed in its value and never depreciated but still I wouldn't advice anyone to save their life savings or earnings on the coin because many things could go wrong. There's just a possibility that the wallet you saved your coin in will get folded sometime in the future maybe due to one thing or the other. The wallet can even turn out to scam you of your earnings as u have experienced with a wallet I had invested in. After investing my money on the platform, I couldn't withdraw my earnings even till date and you wouldn't want to experience that with your life savings into such wallet. With all these being said, there will also be psychological consequences attached to it because your mind won't be at rest and you will always be afraid of the unknown. So you can store part of your wealth in cryptocurrency and probably use it to acquire more wealth but never invest everything you have to it. Starting up something offline to yield you back your money and to earn you more profits could be a better option to this. [/QUOTE]
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