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Tether sell SpringheelJack

Start price
€0.83
28.02.21 / 50%
Target price
-
28.02.22
Performance (%)
-0.81%
End price
€0.82
16.05.21
Summary
This prediction ended on 16.05.21 with a price of €0.82. From the start of the prediction for Tether the price only changed by -0.81%. SpringheelJack has 50% into this prediction

Tether (USDT) is a cryptocurrency that is anchored to the US dollar. It was launched in 2014, and it is designed to provide the benefits of cryptocurrency, like fast and borderless transactions, with the stability of fiat money. One USDT is equal to one US dollar, which means that its value is always maintained at the same level as the US dollar.

The main application of Tether is as a stablecoin for traders and investors who want to avoid the volatility of other cryptocurrencies. For example, if a trader wants to take a position in Bitcoin but is worried about the price fluctuations, they can convert their Bitcoin into Tether, which will keep its value fixed to the US dollar. This way, they can avoid the risk of losing money if Bitcoin falls in price.

Tether can also be used as a means of payment, much like other cryptocurrencies. Its stable value makes it an attractive option for merchants who want to accept cryptocurrency payments but don't want to take on the risk of value fluctuations. Some merchants also appreciate Tether's low transaction fees and fast confirmation times compared to traditional payment methods like credit cards.

Overall, Tether has become a popular cryptocurrency because of its stability, low volatility, and widespread adoption. It is used by traders, investors, merchants, and individuals who want to hold a digital asset that is immune to market fluctuations.

Performance without dividends (%)
Name 1w 1m 1y
Tether -0.335% -0.335% -2.196%
iShares Core DAX® 2.029% 2.907% 13.760%
iShares Nasdaq 100 0.437% 3.052% 46.137%
iShares Nikkei 225® 0.776% 6.996% 26.688%
iShares S&P 500 0.561% 3.904% 25.846%

Comments by SpringheelJack for this prediction

In the thread Tether diskutieren

Sell Tether

In the thread Trading Tether
Prediction Sell
Perf. (%) -0.81%
Target price
Change
Ends at 28.02.22

Sell beendet

Stopped prediction by SpringheelJack for Tether

buy
Tether

Start price
Target price
Perf. (%)
€0.95
22.05.22
-
22.05.23
6.14%
04.09.22