I've been watching TIMI and JCT closely these past couple of days—their prices are jumping around like an EKG. As soon as they stabilize a bit, I rush in to make a quick round. But I don't dare to play too aggressively, so I just stick to my small position in the 16-cent range to stay on the safe side.



By the way, for those planning to cash out recently, be careful: the USDT OTC rate has crashed pretty hard. A few days ago, you could still sell for 7.12, but yesterday it dropped to 7.02, and today it's down to 6.92. Do the math—if you cash out 1000U, you'll lose 200 RMB just on the exchange rate, nearly 30 bucks gone.

This business really proves the old saying true—the money you make in the circle ends up staying in the circle. Want to take it home? Not a chance.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
RealYieldWizardvip
· 13h ago
Damn, the drop in USDT is really insane. Withdrawing now would be a huge loss. Forget it, I'll just keep messing around in there.
View OriginalReply0
BlindBoxVictimvip
· 12-04 05:50
Withdrawals are a bloodbath, USDT just got cut in half, who can handle this?
View OriginalReply0
CommunityWorkervip
· 12-04 05:49
Damn, the USDT OTC price is crashing so fucking hard. Withdrawing a thousand means giving away 200 bucks for nothing. What happened to arbitrage? All the profit you make, you have to spit it back out. That’s Web3 for you, nothing you can do. I’m also keeping an eye on TIMI, just don’t have the guts to chase the highs. Playing it safe comes first.
View OriginalReply0
VirtualRichDreamvip
· 12-04 05:44
Damn, the way USDT is dropping is insane. Withdrawing is basically just getting rekt. Just hold steady at the 16-point range, don’t get greedy. You really can’t take the money home when raising funds like this, it’s heartbreaking. The guys who withdrew this round are taking a huge loss, better to just keep holding. I watched that TIMI move too, just didn’t dare to get in. This market looks like an EKG, just makes me anxious. Withdrawal costs are so high, forget it, I’ll just keep playing. The OTC price changes every day, who can trust that? Quietly holding a small position makes you the winner. One round of rekt after another, never even think about withdrawing.
View OriginalReply0
Fren_Not_Foodvip
· 12-04 05:34
It's 6.92? Damn, I haven't checked the market these past few days and I'm just numb now. The withdrawal tax is even harsher than making money.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)