Good stablecoin to move my BTC right now?

batang_bitcoin

hero member

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Quote from: moneymakescents777 on November 24, 2018, 06:04:42 PM

Move into Canyacoin CAN, it’s possible for the crypto coin to deliver more stable returns, short, medium and long term

Man stop shilling your coin in this section, you've been doing that most of the time.

OP is asking for a stable coin, not with your canyacoin.

moneymakescents777

newbie

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Move into Canyacoin CAN, it’s possible for the crypto coin to deliver more stable returns, short, medium and long term

red023

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Seriously FUCK ME FUCK FUCK FUCK FUCK. I set up limit at $6300 I wanted to move into a stablecoin when it goes below that. Then it looked like it my stop falling and I decided not to move into a stablecoin and now its fucking cashing again. Hundreds of dollars lost again because of another fucking wrong decision.

I hope all you holders lose much another $500 ++ lost per BTC yeah but its so great to hold and hold and watch if fall again FUCK!

sirohige

hero member

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The most stable USD is probably only USDT, besides USDT I can't give recommendations and you should be able to avoid coins that have such high risk because it will make you suffer losses because of price manipulation.

beami

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Quote from: Om.monata on November 23, 2018, 11:08:17 PM

tether or usdt becomes one of the stable coins that can be used as a reference to be used as a transfer of coins other than btc. this is a coin that is the best and most potential than any other coin.

Usdt is indeed quite stable and this value can have good details, by exchanging part of usd it will have a small profit for daily trading.
I think it's quite interesting to make short-term trading.

Om.monata

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tether or usdt becomes one of the stable coins that can be used as a reference to be used as a transfer of coins other than btc. this is a coin that is the best and most potential than any other coin.

cabraljr

newbie

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Let say i buy a USDT or USD, but if bitcoin price will grow, i will lose money or not if i want to buy bitcoin again when is up?

sarfield

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Bitcoin still has good value and this is still the highest coin, but if you feel more profitable, please sell some of your bitcoin for stablecoin. But stablecoin seems to be for short-term investments and can be used for day trading.

mirawantirinjana

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Are there really stable coins at the moment? I don't think there is. therefore do not let you sell your bitcoin now. bitcoin is still the safest coin. although the price continues to decline, but the situation is better than other coins.

Leah38

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If I have BTC I won't sell it now. Some are happily buying the low, why sell yours? Well not unless you're using it for a better purpose. That would be fine. Its your assets anyway. And if you have bought it on a lower price before and already gained profit , its ok at least.

red023

jr. member

Activity: 103

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So I found this toplist https://cryptoslate.com/cryptos/stablecoin/ and most of there Stable-coins are ERC20 tokens. I actually am new to Etherium but I know as much as that this tokens are basically all supported by Ledger and Trezor so I think even the Stasis EURS coin where they claim they did not like the wallets so they put their own out for some marketing purposes I guess probably works with all kinds of wallets that support ERC20.

Anyway DAI a decentralized stable-coin sounds nice and they have a buy link that opens the metamask extension I got installed for a Token I got anyway so I think I give BTC one last chance and when I wake up tomorrow and its fallen again I need to move my BTC into ETH and then I can freely exchange them to DAI.

minairia3

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Quote from: YuginKadoya on November 23, 2018, 08:09:11 AM

In my opinion, I would not buy stable coins you can see that it is pretty not moving at all and I really think it will not move any further when the Bull Run starts, And there are no earnings in them so I prefer not to buy a stable coin that just like fiat currency they are just staying in place, But I would prefer to buy a crypto that has low volatility than a stable one, Well right now that we are in a bearish market many are in a low volatility mode, I prefer buying those and in the future we can make a profit.

I see your predicament but it's the best time to buy stable coins now for 2 main reasons
1. Not to lose more money if you buy a falling crypto like eth or those that some random guy advice (like me tho lol but hear me) and just buy when it hits the bottom though it's really difficult to say but one of the basic is sell volume is decreasing.
2. Not to lose the market cap of crypto so that the strength is still there.

romaleshc

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If you want to exchange from BTC so stable coin, I think USDT is the best crypto for you to exchange. The exchange to stable coin help to avoid losing when the market is continuously declining at the moment. You should choice USDT to exchange because this crypto is most potential and stable in the cryptocurrency market.

red023

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Just since I started the topic BTC has fallen further below 4300 so I do not get why so many people tell me to hold. I can move back into BTC as soon as it gets back up again. I really see no point in holding anymore I wished I had a panic sell reflex and just gotten into any stupid stablecoin after the first sign of crash. It would save me a lot of money.

Quote from: slaman29 on November 23, 2018, 07:05:16 AM

I don't like stablecoins any more than I like most altcoins. To me they're absolutely not even categorized as cryptocurrency, just some fancy token that uses a distributed ledger. Don't even really trust them but okay, if you have to choose one, choose the most evil of them all. Which is Tether. I know you don't like USD and Prefer EURO but really, you want to move your BTC just do it for USDT. Who's going to accept your Stasis anyway? Tether is way more liquid and you can move back into BTC instantly almost with it.

I detest this attitude. Why should I choose the most evil of them all if there are plenty of choices. Still waiting for answer that tells me a good one that has a Linux wallet or even works on a Ledger or Trezor.

diouf67

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USDC seems the best in terms of reliability, it's backed by circle which are going to be heavily regulated given they're based in the USA. I wouldn't trust tether but thus far they do seem to be converting tether to dollars, just on a slight delay.

TwSeventh

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There is no good stablecoin in cryptoworld, USDT ? it is the worse than the worst. Losing a lot because got hacked before, and to fix this up they minted more coins.
TrueUSD ? it is not stable either, the price is moving up and down everyday and it makes a move for more than 4% at least weekly.
what is more ?
also, so what if Bitcoin prices is going down everyday ? as long as you keep holding it until you break even or make a profit, you will not lose anything.

Nnuego

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Selling and cutting your loss is not the best decision in the current situation.
The ideas and prospects you saw when investing are still very much present, also market circles were a distinct possibility.

If you have zeroed down on shifting over to stable coins, you have effectively narrowed down the options, a quick search could give a clear description of all, and you select whichever you choose.

iqlimasyadiqa

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Quote from: YuginKadoya on November 23, 2018, 08:09:11 AM

In my opinion, I would not buy stable coins you can see that it is pretty not moving at all and I really think it will not move any further when the Bull Run starts, And there are no earnings in them so I prefer not to buy a stable coin that just like fiat currency they are just staying in place, But I would prefer to buy a crypto that has low volatility than a stable one, Well right now that we are in a bearish market many are in a low volatility mode, I prefer buying those and in the future we can make a profit.

When you are in the volatility phase then you will have the opportunity to create a price margin, that condition gives us the opportunity to seek profits, and the risk is that we suffer losses. This is what is liked by traders, because if it is in a phase like this then a trader has the opportunity to make a profit. Such conditions are sometimes sad, but for some people this condition is very happy.

Brawnsugar

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I personally wont advise you to sell now because it seems as though you're doing so at a loss already and except you're leaving the crypto space for good, there's really no incentive selling off now. I'll strongly advise you to HODL through as these storm will soon be over. The market will not stay bearish forever.

karel88l

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OMG,I am not sure that Tether is best choice for "stablecoin" diversify atleast in 3 of them maybe: 33% Tether 33% TUSD and 33% coinbase (you can sell coins for Euros too) but still its not too secure.If you want to leave market for some time cashing out to FIAT and store it on bank account is most safe.

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