Community post
USDT FUD Causing Market Bl$$d
The cryptocurrency market saw another downturn day as more FUD news came out regarding USDT and Bitfinex, and the fact that the CFTC is issuing a subpoena for Bitfinex for possibly their involvement in USDT. With a market cap of 2 billion USD, if Tether implodes this can have major repercussions for the market; and this is horrible timing as the Chinese New Year is right around the corner.
As always, I take this as a great buying opportunity with additional money on the sidelines ready for more downturn. Also, I have been picking up more KuCoin and ICON as the price dropped. If in doubt HODL!
Replies (2)
Nice post. Doesn't look like you are getting the votes you deserve though. You should check out steemengine.
Thank I'll check it out!