If your goal is to save in the long term, buy usdt. If you are going to use that money in the short term, and if the gap is closing, bring your expenses forward to the BCV and save afterwards
CristianAlfonzo
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people, I don't know what to do 🇻🇪 I have been buying USDT every time I got paid and I always invested every Wednesday in BTC, but the price of USDT in Venezuela is well above the price of the BCV (Central Bank of Venezuela), and buying now would, in my opinion, be a big loss, so I don't know whether to keep accumulating in BTC or to accumulate in dollars, really this situation is getting out of control with the issue of the supply in USDT
Well, they were right! I am still making some adjustments, but after exchanging my $USDT for $XUSD , I multiplied my earnings by ~3x in #earn . The key was to do it through #spot at a 1:1 rate to reduce the losses generated by using the "convert" option.
I have always liked the $XRP , at the beginning of the year I invested enough to buy 100 units and as soon as the value rose to $3.40 I withdrew making about $100. Since it dropped to $2 I have been very tempted to buy and sell at least after a rise of 10 cents. I have always thought it was a good coin for the long term and if it weren't because I have projects to invest in the short term, I would already have my money there waiting to be multiplied instead of in Earn earning small cents.