The story #usdt# has been mentioned a lot lately. Besides the tradition of using USD, only financial people use USDT? => Is USDT rising because people are trying to recover after the fire and catch the dip? Not really, my friends.

If anyone plays with many people from abroad or is a trader of foreign goods, they must have heard them lamenting that the foreign currency is increasing in value. I accidentally play with quite a few "Vietnamese overseas", and half of them are now also engaged in the "money trading" profession for some time. Money is continuously circulated between the US/Japan/South Korea,... to Vietnam and vice versa to profit from the difference. Every day, every week, large volumes, and "never run out of customers". Like that Korean brother in this photo, he averages about $10,000 with a profit of around $500. Smells good 😄

USDT is backed 1:1 by USD, but the rate of USD and USDT compared to the local currency of another country has already differed, and the exchange rate also varies. This discrepancy is currently a lucrative opportunity (, so is the Vietnamese currency depreciating or are the currencies of other countries appreciating? 😂 ) => the high demand from both inside and outside the "industry" is the reason that USDT maintains/increases its value like this.

Are you torn between cashing in to take advantage of a good rate or buying in to catch the dip? I have replaced $WLD in the plan to buy $Ton, and all three coins I intend to bag can be purchased either this year or early next year. The entry points may not differ too much, so I'm also considering whether to cash or buy.

The money trading market may not cool down soon, but it surely won't stay hot forever. By the end of the year and close to Tet, the rates often decrease, so lazy traders like me might consider cashing out a bit for the feeling, but if we actively trade, these few rates don't really matter. Suddenly, in this term, I feel so aligned with Mr. Do Nam Chung. I've been supporting him since the previous term and want to go all in this term 🫠.

#VanMei