Topic: Buying stable coins is a goog or a bad idea? (Read 5512 times)
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It's not a bad idea if you want to buy stable coins because the price is not down too deep. But you cannot make a big profit by buying a stable coin, and I think that will save you from losing big money. But I suggest you buy bitcoin when the price is down using the stable coins because you can sell the bitcoin when the price increase later so your stable coins will also increase.
well it is a bad idea if you make stable coins as an investment. If you really like to make money with cryptocurrency you should invest in bitcoin or altcoins.
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I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
It is a bad idea. Why do you need to transfer real money into virtual? Just for fun? Put them better in the bank at interest
Personally, I think that investing in stable coins like Ethereum or Bitcoin is very profitable. So if you have a desire and excellent capital, proudly invest your cryptocurrency savings. And then your capital will soon double.
I personally feel that buying and using stable coins is a very good idea because it helps you take advantage of the market fluctuations and make profit. You can convert your money to stable coin when the market is high and buy back when the market is low.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
The first question that comes to my mind is why do you want to buy stable coins? Once you know the answer to that then we could tell you if it is a good idea, if for example there is hyperinflation going on in the country where you live then buying a stable coin is a good idea since that will protect your wealth, however if you are thinking in investing in stable coins in order to get profits then you will be disappointed with the results since the volatility in those coins is minimal compared to the volatility of the rest of the coins in the market. 
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
What the use of investing in stable coins? Does this makes any sense? They are bound to dollar or some other currency and will hardly bring you x10 profits, won't they? You should consider investing in some STO tokens instead I think.
I don't think it's good or bad. But investing in such stable currencies means that you will not be lossless or profit. So it's best to buy gold or dollars for reserves 
A true trader is likely to prefer coins that have fast price volatility, if you choose a stable coin just looking for safety, and in my opinion it's just a mental trader who is not good.
How can buying stable coins be a good idea when the whole purpose of it is to keep a stable price thus yielding no returns whatsoever?
As you know stable coin have not more potential and you can't get more profit so the idea for buying stable coin may be good but I suggest don't buy the stable coin.
yeah right, buying stable coins will give us safe risks. but is there any? we should at least know about the coins themselves. how the development ... maybe this is more appropriate for long-term investment.
Stable coins are not designed for investment they have another task. You cannot make money on coins whose price is stable, you can only keep your money, but then is better Fiat.
In some cases, buying stablecoin is a good option. For example, BTC and altcoin collapse, it is best to buy stablecoin to keep your assets safe. And then wait for BTC and altcoin to go to the bottom and buy them
Well if you are talking about investmenting in stable coins like usdt or tusd then it's a bad idea because your investment will still the same. You can use stable coins in trading like for example you have $1000 in bitcoin then bitcoin price pump and now you have $1500 then you convert it to stable coins and then when price of btc decrease you use it to buy btc and then so on.
The buying of stable coins is good idea if you looking for a holding coin for a long term. If you want fast money - that is not best decision. Some stable coins have a good volume and run own IEO projects on self platform. This is good investment idea.
i think alot people know stable coin created for transaction from crypto to fiat. some times some money currency cant buy crypto coin directly thats why this stable coin exist. i think stable coin is not bad for investing tho but it takes really low for profit and wasting time i think. why do invest to stable coin if there's alot another good coin ?
You are right. In addition, stable coins are also effective for securing assets when the market is unprofitable, so that they are not trapped by falling prices which lead to too deep cutloss. That's the strategy that I use often. Stable coins will be more effective if supported by use cases in the real world that are supported by regulations, it may be that someday we will be easier to carry out all payment transactions such as buying coffee with stable coins. 
Stable coins such as Paxos, usdt, usdc etc all backed backed many monetary instruments including us dollar is to provide cushion to the volatilities of cryptocurrency. It is not designed to offer returns or profits on investment but rather to serve as a fiat with more stable capacity against market reactions. So I will advice you only buy stable coins if you want to maintain the value of your trade without profit nor loss
i think alot people know stable coin created for transaction from crypto to fiat. some times some money currency cant buy crypto coin directly thats why this stable coin exist. i think stable coin is not bad for investing tho but it takes really low for profit and wasting time i think. why do invest to stable coin if there's alot another good coin ?
I prefer investing in stable coins than new coins that I know nothing about. At least the stable coins have been in existence for a long time and its potential in the market has been tested.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
I don't like stable coins, why bother buy stable coins when you can keep your funds in fiat currency, I only find stable coins useful if they are kept temporarily for trading purposes.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
If you are new to the cryptocurrency world, buying of stable coin is good idea. Because in starting stages, you are forced to lose some money by the lack of knowledge. At that stage, you can directly inverse on a stable coin. So that, atleast you may avoid the loss.
I use stable coins to hold my position in USD
If I'm doubt about the trend of market, usually I use Tether to have USD dollars and them buy again cryptos
I don't think it's a good idea to "invest" in stable coins, as the name suggests, it's stable, and you'll gain money with volatility
If I'm doubt about the trend of market, usually I use Tether to have USD dollars and them buy again cryptos
I don't think it's a good idea to "invest" in stable coins, as the name suggests, it's stable, and you'll gain money with volatility
Buying stable coins is a good option if you think that the price of BTC and alts will go down. If you want to buy and hodl stable coins, you will lost the opportunity to make some profit.
if my opinion buying stablecoin is a natural thing in a buying and selling trade, it would be better to buy another coin than that because it will not be useful to make rich, stablecoin is very cheap price far from the normal increase, still better altcoin and bitcoin with the up and down movements are stable. It is recommended that you don't buy stable coins.
You can't call buying a stable coin an investment because relatively, your money is just there and not growing. Stablecoin is good though but it's main purpose is to provide liquidity to the cryptocurrency volatile market.
Stable coins are perfect for those, who make money (traditional) in the countries with great inflation and other economic problems. Exchanging their fiat to stable coins, they can simply protect themselves from great losses. Most of these coins depend on the dollar, which is still the most powerful money in the world. Volatile cryptos are risky, but you can earn on them.
Stable coins is not made to make profit because its price is stable. It like fiat money, so you can choose selling your coins for fiat money or stable coins.
Stable coin are not coin you buy for investment purpose, as they dont yield any profit overtime because they are not involved in the volatility of other crypto coin. You buy stable coin when you want to save the same equivalent of that money and would not it to dip due to the dump of btc or other altcoins. Stable coin is just a means to secure your assets
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
Your decision to buy stable coin or not depends on the intention for which you wishes to hold such coin, and till everyone knows reason why you want to buy it before you can get an accurate advise. There was a post I commented on recently where the op specifically stated if it is good for him to invest in stable coin, and I was like why would someone ever think of making a stable coin n investment because for my own definition of investment, it is what you put your money into for the purpose of yielding more increase from it and as stable coin name implies, it is absolutely far from that. I use stable coin, and ever since I have add some assets in stable coin, it has been stagnant that way for months, but I know of that already and I am just using it to keep the value of my coin.
When you would like to stay in crypto but do not want to loose USD value when market is crashing it is good. But when you hold stable coins and crypto is growing, you are loosing.
I do not see any point in investing into stable coins. They are not called stable without a reason, they are not changing their price and are not created for investment. If you would like to stay out of the market and keep your money on exchanges, you can use stable tokens.
Yes, that is true about the definition of stable coin.
BUT, holding all of your position into stablecoin because you want to keep your money out of exchanges or markets is a bad idea. Because they have proven their shadiness by minting a lot of coins these years. Imagine if something goes wrong happens with it, and people gets tired of their stupid action. Do you think the price will tank? it happened before, the price went down to $0.8 a year ago.
that means the best way to keep your money is by cashing it out or just but Bitcoin and keep it in your wallet.
Yes, stable coins are not unique. And not the fact that all stable coins are so stable against falls. It’s just that we didn’t fall so far in order to understand how stable USDT is. I imagine that a stable coin is like a peramide that can close in one day.
I do not see any point in investing into stable coins. They are not called stable without a reason, they are not changing their price and are not created for investment. If you would like to stay out of the market and keep your money on exchanges, you can use stable tokens.
Yes, that is true about the definition of stable coin.
BUT, holding all of your position into stablecoin because you want to keep your money out of exchanges or markets is a bad idea. Because they have proven their shadiness by minting a lot of coins these years. Imagine if something goes wrong happens with it, and people gets tired of their stupid action. Do you think the price will tank? it happened before, the price went down to $0.8 a year ago.
that means the best way to keep your money is by cashing it out or just but Bitcoin and keep it in your wallet.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
Stable coin has been a perfect tool for traders. There were less opiton when the crypto market went bearish in the past but now, users can retain the fiat value without actually converting them to fiat. While on stablecoin, users can easily exchange them back to crypto. Hence, stable coin would boost trading of crypto and make the market much more stable.
i don't think it's a form of investment, their only utilitarian is to get out of trading at the end of the session and not lose the accumulated gain
if I think buying stable coins is not a bad thing, because for me it is also a positive thing to secure some of my assets and also a great way to take profits in trading, because stable coins will also provide good prices going forward.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
If you have bought the low price altcoins, converting profit to the stable altcoins may be a good idea. No point to discuss the another way around. It only makes sense to sell the crypto holdings to stable coins for liquidation and avoid further volatility. Step by step the stable altcoins will replace the gold price pegged altcoins in my opinion.
Buying of a stable coin is a very good idea. As, you know that how the higher volatility of the crypto market affecting the all coin and token so, buying of this stable coin keep you risk free in the adverse situation of the market. Recently, Bitbond has introduced it's stable coin BB1 through the STO.
Stable coins can be categorized as one of the coins to secure our money in the form of assets. If your intention is only to secure your money in the form of coins, it will be the right solution. But if you want to make a profit in trading, you must be able to invest your money in the form of bitcoin or ETH.
Purchasing stable coin as investment? Such a bad idea.
Buy stable coins for trading purpose because it is more convenient to trade than trading with USD but the value of stable coin also decrease due to inflation.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
What are you buying stablecoins for? Stablecoins do not have much use, except if it is accepted as a payment in your place. Other than that, it will only serve as an option for traders to avoid getting caught by a poor performance of the market. Stablecoins do not grow much in value. People are mostly trading stablecoins because of what it is built for, stability.
Buying a stable coin I think is a good idea, where the coins will remain in a safe condition. but buying stable coins is a bad idea when following an investment, where the investment will go monotonous and you don't get a profit. Buy stable coins depending on what you want to use them for. Steady coins are a good idea when you are trading.
That's a bad idea, man. Do you know what Stablecoin means? The price of Stablecoin follows the price of objects in the real world, such as gold, dollars or the like. And most of us use Stablecoin only for the purpose of buying crypto via usdt or buying IEO tokens because many IEOs use USDT as a transaction, not BTC or ETH.
I guess one of the reason for some investors to purchase stable coins would be to minimize the effect of certain fiat currency dropping in values due to economic crisis around the world, but since the values of stable coins are usually very stable on the trading market, investors should not be hoping to make huge profits by trading stable coins.
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As a trader, sometimes I convert my holdings to stable coins (especially USDT since it usually has more volume and trading pairs) , when I think the market will dump or when I'm off for a while and can't watch the market. This is because I day-trade so I have to be very careful to avoid losing big. Asking if buying stable coins is good or bad idea depends on the purpose for buying. Buy when you want your holdings to be stable in price escaping volatility or when you want to trade on stable coin pairs. Normally you should know that buying stable coin for long term is not profitable, since price is almost stagnant.
It could be profitable if the fiat that used to backup your stablecoin is increasing in price but considering the volatility nature of cryptocurrency that might not affect that much.Only if stablecoins reward holders for staking that'd be a little profitable.
If you know you are gonna lose money investing in it, why invest at all? Or maybe the article you read is some kind of FUD since Bitcoin is making its way up again this week.
Depends on your need. If you need to have stable coin to flee from the falling market, it's good to save your portfolio.
But since then, I've never purchased any stable coin. I don't think that this would ever fit my style of investing and trading.
But since then, I've never purchased any stable coin. I don't think that this would ever fit my style of investing and trading.
Investing in stable coins can't be considered as investment because what you just do is convert your countries local currency into a cryptocurrency which neither increase nor decrease in price.
As a trader, sometimes I convert my holdings to stable coins (especially USDT since it usually has more volume and trading pairs) , when I think the market will dump or when I'm off for a while and can't watch the market. This is because I day-trade so I have to be very careful to avoid losing big. Asking if buying stable coins is good or bad idea depends on the purpose for buying. Buy when you want your holdings to be stable in price escaping volatility or when you want to trade on stable coin pairs. Normally you should know that buying stable coin for long term is not profitable, since price is almost stagnant.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
I think it's good as long as the coin is aimed at continuous stability, if only at the beginning it's just a lie. crypto is volatile where prices can change significantly, so investing doesn't have to be stable but also has a clear concept.
The purchase of stable coins is not a bad idea. As a matter of fact, they have their own usefulness, but you should know that you cannot grow your portfolio with stable coins, except you decide to trade with it. Meanwhile, you can avoid loss of investment value by keeping your coins in stable coins.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
Buying stable coins to invest is not the right thing or a bad idea, because investing in stable coins will not give you multiple benefits or just waste your time. But, there is no harm in investing in stable coins if you are a person who is afraid to take risks and choose to play it safe.
Think of it this way, first of all try to understand what stablecoin simply means, which is that it is stable.it doesn't go up or down in price. So let's say you bought $1000 of usdt and held it for 1year, when you come come back, you will still have your $1000 sitting there so buying stable coin is not an investment
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
You need to buy a stable coin for a specific purpose. In a stable coin, you can use the advantages of cryptocurrency as a means of payment or wait for time to exchange it for a certain type of cryptocurrency under certain circumstances: time, price, or others.It just doesn’t make sense to buy a stable coin, since they cannot bring profit to its owners. A stable coin should be regarded as a buffer between regular currency and cryptocurrency.
You can't call buying a stable coin an investment because relatively, your money is just there and not growing. Stablecoin is good though but it's main purpose is to provide liquidity to the cryptocurrency volatile market.
I use stable coins to trade. save assets for stable coins and crypto trading will be more protected from risk. it is possible that many traders and investors now have more stable assets than crypto. that which makes the dominance of one asset will be felt, and those who have low trades will certainly be a bit of interest.
I don't gain anything from stable coin. The coin is always stagnant, so minimal or no volatility and I may just end up having another version of fiat except they have a plan to be paying me dividend otherwise, it's a wise of money.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
There are things you should understand about stable coins because it seems like you dont know what stable coins are
1. Stablecoin is just like having or keeping fiats on the blockchain tech
2. Stablecoins are different from POS (prove of stake)or POW (prove of work) coins,you cant mine or get rewards when holding them
3. You should know that you cant make profit by holding stable coins ,if you hold 100$ worth of stable coin it will remain 100$ and wont increase in value
Stable coins are better for those who like online trading
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
Better then put the money in the bank. More profit. More good. A stable coin is stable and that it does not bring anything. And if you are not a trader. You do not need such coins at all.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
Bad idea, even if you buy a stable coin it is unlikely that the coin will continue to be stable because it will also decrease due to inflation. choose coins that have large volumes and clearer concepts, even though the price is not stable at this time. there will be times when the coin will develop.
I do not see the need to buy stablecoins if I do not intend to use them to trade on exchanges, I would prefer to leave my money in the bank where I am guaranteed of safety better than those exchanges
in my opinion a good idea, because a stable coin for me is a fairly stable value. This stable coin is suitable for saving even long-term investments.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
I think it's a bad idea because you won't be able to get a profit when you buy it. Stablecoin just keeps you safe when the market collapses, and when you hold it you can have a chance to buy altcoin or BTC at a cheap price. 
Stable coin is coin that for safe our money from market bearish, of course its meaningful and can be good idea for trader. But unstable coin can give us profit from its volatile and its good idea to growing up our balances. So, its no matter good or bad idea, we can look what its using for.
Stable coins also fell in the bearish market from their stable value so don't think they were completely safe. 
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
stable coins are there to control the liquidity in price if you are trader and want to hedge the fluctuation in price of coins. i did not had the idea about what they truly are until i lost all in the bear market
Stable coin is coin that for safe our money from market bearish, of course its meaningful and can be good idea for trader. But unstable coin can give us profit from its volatile and its good idea to growing up our balances. So, its no matter good or bad idea, we can look what its using for.
Stablecoins were much preferred as a pairing with different cryptocurrencies for trading purpose. For the investment purpose it is not a good choice. People who are not willing to risk their funds and expect very minimal profit can invest into stablecoins. Here there will be very minimal fluctuation and that needs to used to profit through the buying and selling. Also a huge volume of fund is required to profit.
Bad idea. What do you buy stable coins for? it will not make you rich. Stable Coin is only for transaction method. Because altcoin and bitcoin always go up and down, use Stable Coin for transactions. So that your money will not be reduced too much.
In my opinion, stable coins are good if we use it as a savings tool, but not for investment, the reason is because the price of stable coins cannot change significantly or fluctuate, this means that we cannot take large profits from the price changes that occur
in my opinion although it is very risky to invest in very volatile coins but because of that we can also have the opportunity to take large profits so from that until now I am still not interested in stable coins
in my opinion although it is very risky to invest in very volatile coins but because of that we can also have the opportunity to take large profits so from that until now I am still not interested in stable coins
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
Bad idea. There are no pluses in relation to traditional currencies, but there are many minuses.
Why even purchase stablecoin in the first place anyway? . I mean if you are trying to invest into stablecoin might aswell invest into the fiat directly. The only reason stablecoin is considered useful because it can saves your assets from volatility when you're "tired" of trading. Therefore "Buying" a "stablecoin" is definitely a bad idea except you are using it to save your money.
. I mean if you are trying to invest into stablecoin might aswell invest into the fiat directly. The only reason stablecoin is considered useful because it can saves your assets from volatility when you're "tired" of trading. Therefore "Buying" a "stablecoin" is definitely a bad idea except you are using it to save your money. 
Do you really understand what is stable coin?
For investment purposes stable coin is not recommendable before anything eyes make sure you really understand the difference between stable coin and not stable coin or volatile altcoin this will help you to decide on your investment plan.
For investment purposes stable coin is not recommendable before anything eyes make sure you really understand the difference between stable coin and not stable coin or volatile altcoin this will help you to decide on your investment plan.
It's a bad idea to secure your profit from the volatility, but there was a time when stable coin becomes very usable for us but sometimes it's also become crap caused by so many strict verification to use it.
That was a good idea when you were a trader.
How useful the stable coin will depend on what is your purpose for that. It's good nor bad idea.
That was a good idea when you were a trader.
How useful the stable coin will depend on what is your purpose for that. It's good nor bad idea.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
Purchasing stable coin as investment? Such a bad idea.Buy stable coins for trading purpose because it is more convenient to trade than trading with USD but the value of stable coin also decrease due to inflation.
After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?
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