I was told this was the safest entry level crypto investment

>>2926519
It will moon soon.

>>2926519
are you seriously asking if tether will moon?

>>2926519
The fucking irony is that tethers were 91 cents back in April of this year each at one point and we weren't sure whether to hold for it to return to 1 dollar or get out now and bite the 10% loss cause it could go to 0. Gave me such a headache. This was back when they were sued by Wells Fargo so they lost their $1.00 guarantee so the fucking snakes over on Kraken decided to open its price up to the free market and people sold it down to 91 cents.

>>2926519
Moonsoon

>>2926529
See >>2926530
This was a real consideration a few months ago.

I think, thankfully, the fact that they kept their services open in Taiwan and Taiwan only left enough of an arbitrage opportunity for anyone living in Taiwan that that alone kept the price afloat.

Note also that at one point Tether was actually insolvent, with liabilities greater than assets.

If you need a hedge, since Tether isn't really ever supposed to go way up but could realistically go to $0 one day, you should by all means short Tether on Kraken.

After a few years, you just might double your money.

>>2926519
Tether will moon, trust me friend, goign to $1000 USD by the end of 2017, you will be glad for you purchase, moon will soon, just look, only green IDs itt, moon confirmed for soon

Isnt tether just an inbetween crypto hedge? Didnt think it had an actual "Currency" to it xD