how are you going to sell in the middle of a downturn??? now is the time to buy and buy. To win, you need to have patience. Buy, hold, and sell in 5-7 months. Wait a little.
raymanda
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now yes gentlemen sell even the tank of the toilet this has gotten very ugly... I don't want to lose my humble long-term investment
although on one hand if the whales have lost millions is it going to be the end of the world for losing $100?
the lesson I learned this time is "DO NOT catch knives if they haven't finished falling" it may affect you in the hand buddy.
The Naked Truth of Binance in Venezuela: More than an Exchange, a National Necessity
For the world, Binance is a trading platform, for speculation, to dream of a "lambo". For Venezuela, the reality is much harsher and more fundamental: Binance is a survival tool. Whoever does not live here does not understand what it means to see the dollar price rise twice in a day and feel how the salary or savings turn into dust. It is not a graph on a screen, it is the lunch menu that shrinks, the medicine that you can no longer afford. In this chaos, Binance was not an option, it became a necessity.
Gentlemen, in Venezuela the phenomenon of USDT and stablecoin with respect to the Bolivar is purely speculative, do not let yourselves be fooled by keyboard economists. The supply of stablecoin in the market is more than enough to keep the price stable, but like everything in the country, a small group with economic power arrived to monopolize and set prices for their benefit. Do not be misled by these "experts", read the economic reality, analyze the market flows and you will discover that behind them are the same ones from the CADIVI quotas, SiCAD, etc.
🚩🚩🚩 Caution, when there is someone mentioning Venezuela in Square they are usually crying chavistas 🚩🚩🚩
McKrisNance
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What a true disaster we are experiencing in Venezuela with the situation of the rise in the value of USDT. This is destroying my streaming service business. It is understood that it is supply and demand, where in the last few weeks there have been few suppliers and possibly a lot of demand for USDT. But I am really losing capital daily. What I charged yesterday is already useless today, just like what I charge in the morning is no longer useful for later. This has become unsustainable. Is there anyone else in this same situation? Let's discuss healthily what would be a sustainable solution to avoid so much loss and be able to better take advantage of the USDT market and not suffer such brutal capital depletion as we are suffering in hours, because it is not even in hours, but in seconds...
I know that USDT is not $. It is a crypto and that trading on Binance is clearly decentralized, but... unfortunately in Venezuela speculation does exist.
Why do they speculate so much about the price of #USDT。 when it is known that it is not a physical $ and that the price is not the same in p2p as at the BCV rate, that is understood .... But why if according to Binance the price is about 217 bs And if you buy in small quantities the cheapest you can get it is at 230 bs, but if you sell it! there's the detail. 219, 218, 220, and even cheaper! Who regulates these prices? It is known that it is a cryptocurrency and its prices are volatile, but why if you are going to buy it is more expensive and when you are going to sell it is cheaper? Any opinion?
that is the regime's fault, don't turn the matter around
frak 221288
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Bullish
$USDT good afternoon everyone today I bring a new comparison that directly affects me these prices of usdt in Venezuela 🇻🇪 my country is perfectly clear that scarcity creates competitiveness opportunities but I am already on the verge of disproportionate inflation if I have usdt it is advantageous but to obtain them again it is almost 1.5$ per usdt in bolivars what do you think
There are too many chavistas crying over the prices of USDT here in Binance Square.
First, the price is determined by supply and demand. Second, USDT is not a dollar. It is a cryptocurrency that replicates the behavior of the US currency, but it is not a dollar.
I write this because it seems that the weevil tasters are planting the opinion matrix for the regime to intervene in the matter. We need to unmask that plague.