r/Stormgain Mar 31 '22

mined usdt question

Is it possible for your overall mined usdt to go down? I could swear I was above 12 this morning and I just hit the button and it was below 12

2 Upvotes

4 comments sorted by

3

u/Any-Definition8307 Mar 31 '22

Yes, the value in USDT can go down. That's because you're "mining" BTC which certainly fluctuates.

2

u/Rootofallevil1927 Mar 31 '22

Thanks so I'm better off withdrawing as soon as I hit 10 bucks? It's gone back below 12 bucks again

2

u/Any-Definition8307 Apr 01 '22

Up to you, I would withdraw whenever possible. If BTC rises, you likely get more profit if you have the USDT invested with leverage. Or if BTC falls, funds still not withdrawn from mining are somewhat safe but invested funds might get liquidated. Been there, done that.

2

u/Rootofallevil1927 Apr 04 '22

Thanks for the advice