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Topic: How to make money by stablecoin - page 2. (Read 422 times)

hero member
Activity: 1302
Merit: 577
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November 18, 2019, 03:04:34 AM
#53
Stablecoins aren't meant to be profitable and are generally used for trading and hedging against market volatility, however, some new currencies do incentivize users like Coinbase's USDC which offers 1.25% interest yearly but make sure you choose a trusted custodian for your assets
The only option is use that stable coin every time you will earn from other altcoin or bitcoin. This means that every time you trade and see a profit you need to convert it mmediately into a stable coin and then rebuy back when the price goes down.
hero member
Activity: 1764
Merit: 573
Leading Crypto Sports Betting & Casino Platform
November 18, 2019, 02:38:00 AM
#52
I don't think Stablecoin can benefit quickly, a number of reasons have been explained. maybe if it is used for long-term investment it might be profitable but I don't think it will benefit much. stablecoin is more suitable for storing funds owned
hero member
Activity: 1344
Merit: 502
November 18, 2019, 02:32:49 AM
#51
Stablecoins aren't meant to be profitable and are generally used for trading and hedging against market volatility, however, some new currencies do incentivize users like Coinbase's USDC which offers 1.25% interest yearly but make sure you choose a trusted custodian for your assets
legendary
Activity: 2842
Merit: 1168
November 18, 2019, 01:23:47 AM
#50
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
Of course stablecoins are mainly trading tools but lately the DeFi market has been developing very actively.
With this market you can get passive income from stablecoins even without trading.
For example, DAI stablecoin at the moment gives ~ 6% per annum.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 18, 2019, 01:13:14 AM
#49
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
You already said the keyword, it is a 'tool'. So you can convert your fiat money or physical money into stable coins where you can use it as a tool to buy cryptocurrency in the internet to do trading. You can easily buy low and sell high with the different big exchanges that can multiply your capital and help you to build your wealth.
Yeah right , there's alway a good way to earn from this market though stable coin can produce profits but a tool to take advantage of those market
movement. If you know how to take advantage and you are willing to take the risk pairing your coin to anything that have potentials.

Take time to understand the market, stable coin indeed is a good tool if you go further.
hero member
Activity: 1386
Merit: 503
November 18, 2019, 01:03:27 AM
#48
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

The way to get profit on stablecoin is that you must have a lot of capital to be able to get the profit. it is indeed difficult, but what is played here is not the price of the stablecoin but the pairs of stablecoin/crypto (usdt/btc, usdt/eth), a little capital will be hard to get a profit. If I see transactions order history on Poloniex and Bittrex, many people trade in that way, so trading on stablecoin can still be profitable. most of them use trading bots to make it easier to get profits
sr. member
Activity: 742
Merit: 329
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November 18, 2019, 12:19:49 AM
#47
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
You already said the keyword, it is a 'tool'. So you can convert your fiat money or physical money into stable coins where you can use it as a tool to buy cryptocurrency in the internet to do trading. You can easily buy low and sell high with the different big exchanges that can multiply your capital and help you to build your wealth.
sr. member
Activity: 1031
Merit: 251
bullsvsbears.io
November 18, 2019, 12:16:18 AM
#46
In order to reap profit from a stablecoin, you need to trade. If you are only holding or hoarding USDT (for example), you are not investing but saving. Savings in the form of USDT might not be a good idea since you are not receiving interest, well except you put it in some form of investment providers (casinos, exchanges, etc.).

If you decide to trade, you can profit from it just from trading BTC/USDT pair back and forth. For example:

- Buy 1 BTC at 8,500 USDT
- Sell 1 BTC at 10,000 USDT
- Rebuy 1.11 BTC at 9,000 USDT
- Sell 1.11 BTC at 10,000 USDT

Your profit would be ~11,111 - 8,500 = ~2,611 USDT
Well, this is the same as trading altcoin/btc so that stablecoin can profit?

Many in this thread say stablecoin cannot profit us, I disagree.
copper member
Activity: 714
Merit: 5
November 17, 2019, 11:38:22 PM
#45
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Nếu bạn đang đề cập đến cách các nhà phát hành stablecoin kiếm doanh thu, tôi có một vài ý tưởng.
- Thu phí bán hàng và mua hàng: Các tổ chức phát hành stablecoin thu phí bán hàng và mua để đổi lấy tài sản thế chấp như tiền tệ fiat.
- Tạo thị trường: Stablecoin có thể được sử dụng để tạo thị trường trên các sàn giao dịch, thu lợi nhuận từ chênh lệch giá.
- Cho vay ngắn hạn: Cho vay ngắn hạn là một mô hình kinh doanh có lợi nhuận lớn, các nhà phát hành stablecoin được hỗ trợ bởi các loại tiền tệ truyền thống có thể tham gia vào nhiều trường hợp cho vay ngắn hạn.
sr. member
Activity: 861
Merit: 253
SmartFi - EARN, LEND & TRADE
November 17, 2019, 02:03:44 PM
#44
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
sr. member
Activity: 784
Merit: 251
November 17, 2019, 01:49:17 PM
#43
Stable coins are created to help traders or investors, to facilitate exchange transactions and secure assets when the trend (bear) comes. but tends to traders like BTC/USDT. This stable coin is very helpful for traders. USDT is like fiat money like you currently hold, but it is based on a blockchain. the benefit of using stable coins like tether is fast transactions anywhere, rather than using a slow bank. maybe you can make a fortune with stable coins if you play at a price of $0.95 - $1.01 but that doesn't make sense. Stockpile assets in stable coins that means you only save and not investment.

that I know generates profit from stable coins, which are:
1. Trading (like BTC/USDT),
2. Gambling,
3. Investing in a project using stable coins,
4. Making their own exchanges (or third parties to help someone make a deposit / withdrawal with some fees).
sr. member
Activity: 1036
Merit: 275
November 17, 2019, 11:47:55 AM
#42
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


Why will you waste your time investing in a stable coin? As the name suggests, it has no specific tendency to increase its market value. Stablecoins are just a means of storing your funds with no risk of losing the value of your funds.  Stable coins are just pairing crypto coins to volatile crypto coins on exchange platforms to ensure some equilibrium and also help in knowing the rate at which the value of the other coins changes. Don't waste your time investing in stable coins. It is stable........   Undecided Undecided Undecided
copper member
Activity: 840
Merit: 114
November 17, 2019, 11:39:33 AM
#41
USDT is good for storing the value of money we have in daily trading. I even save 40% of my assets in USDT which I use to trade every day. if you think you will benefit from investing in USDT then you are very wrong, it will only happen if the USDT exchange rate rises against fiat in your country. and in the crypto market, none of that will be a problem.
sr. member
Activity: 700
Merit: 250
November 17, 2019, 11:28:26 AM
#40
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You can't make money merely by holding stable coins, unless you trade on stable coin pairs. For instance, if you are good with technical analysis and follow the market trend properly, you should know the right time to convert your Bitcoin to say USDT and when to convert back to BTC. That way, you can take advantage of the volatility of bitcoin and that's what I've been doing for sometime now although you can't win always.
In crypto platform stable coins are never make money and it will useful to survive on long term environment. Because USDT is the huge volume stable coin so it will occupy the top position and still some stable altcoins are available in the market and we never make profit anymore.
sr. member
Activity: 840
Merit: 267
SOL.BIOKRIPT.COM
November 17, 2019, 10:25:31 AM
#39
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You can't make money merely by holding stable coins, unless you trade on stable coin pairs. For instance, if you are good with technical analysis and follow the market trend properly, you should know the right time to convert your Bitcoin to say USDT and when to convert back to BTC. That way, you can take advantage of the volatility of bitcoin and that's what I've been doing for sometime now although you can't win always.
sr. member
Activity: 644
Merit: 253
November 17, 2019, 10:15:52 AM
#38
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Stable coins are not profitable at all, that is why it is called a stable coin because it doesn't make any movement to it's price. if you really wanted to invest in coin that are profitable you should invest your money in bitcoin and top altcoins such as ETH, BNB, BNB, LTC, XRP, XMR and etc. because they have a good value and will definitely give you a profit if their prices starts to increased.

Stablecoin are created to protect our fund in terms of vulnerability of the market, wherein we can safekeep our fund by converting to stable coin so that we will not in doubt or worry if we don't know, or we are unsure how much dip a certain coins/tokens could be. So, for traders this is really important for them to avoid a lot of losses or to avoid panic.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
November 17, 2019, 09:44:50 AM
#37
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Stable coins are not profitable at all, that is why it is called a stable coin because it doesn't make any movement to it's price. if you really wanted to invest in coin that are profitable you should invest your money in bitcoin and top altcoins such as ETH, BNB, BNB, LTC, XRP, XMR and etc. because they have a good value and will definitely give you a profit if their prices starts to increased.
sr. member
Activity: 400
Merit: 268
November 17, 2019, 09:17:53 AM
#36
You could lend stablecoins in several platform, Moreover just like you trade bitcoin, you don't buy bitcoin with bitcoin or sell bitcoin to get bitcoin, people usually trade it with stablecoin so saying you trade bitcoin is also like saying you are trading stablecoin if that is the pair you prefer to trade with, it LAL depends on perspective, but lending has been around for.a long time now and is a good way to earn residual income with your stablecoin.
full member
Activity: 412
Merit: 101
November 17, 2019, 08:27:51 AM
#35
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

With stablecoin, we can make money by so many ways like :
1. Staking : Some stablecoin can stake for earning their token. ( but i dont remember which project, so sorry about that)
2. Futures trading : We can make money by trading futures contract like Bitcoin on the top 1 exchange in the world - Binance. I saw many people earn from 1-2M$ monthly just by trading it.
3. OTC trading : We can trade from fiat to that stablecoin to earn
sr. member
Activity: 1274
Merit: 293
November 17, 2019, 08:16:56 AM
#34
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


They are not directly trading it. Stable coins are just storage whenever a sudden changes may happen. Like for example that bitcoin or other altcoins are in the road of increasing stable coins or fiats on the other hand would get exchange to crypto to be able to get involve in those increasement, and then after that if nothing happens and knowing the fact that crypto currencies always changing that it might suddenly fall then what you have exchanged would get returned back into stable coins so that it won't get affected by when price decreases like means you are lock in.
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