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Bud the Tether Price is 1.02 dollar, while it is only backed by 1 USD dollar, so you lose 2% + fees.

The fees are tiny, I bought at 1 dollar, so in fact I'm in profit. Even so if you buy at $1.02 you can sell at $1.02.

If I had left it in Ether I would be 21% down now.

Maths is great.

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