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Topic: How to make profit by buying stablecoins (Read 388 times)

full member
Activity: 437
Merit: 100
November 17, 2018, 06:19:51 AM
#31
You should not invest in stable coins, it's not profitable when you invest in them. You should invest in Altcoins, they will bring more profits for you.
jr. member
Activity: 308
Merit: 4
November 17, 2018, 06:19:11 AM
#30
Because crypto space is crazy we can see rapid changes also on stable coins but when you compare to another simple crypto coin its not the most profitable way to earn money from stable coins.
full member
Activity: 728
Merit: 103
November 17, 2018, 06:10:34 AM
#29
The only way to profit from stable coins is to accumulate as many as possible. Invest in a coin that is pumping, then move the profits into a stable coin. Switch to a different coin that pumps and move those profits to a stable coin. Only problem is finding a coin that is pumping!
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 17, 2018, 06:07:06 AM
#28
you are answering your own question! you said "stablecoin" which means there is no profit to be made. think about it a little and you can see that if a coin is truly stable then there should not be any profit and if there is any profit that means the coin is NOT stable and that makes it risky.

for instance USDT dropped down and recovered but it is a shady coin and it dropped down for a reason. if you buy in one of these dips, one of these days it will collapse and you lose everything as USDT goes down to zero.
jr. member
Activity: 490
Merit: 1
November 17, 2018, 05:25:37 AM
#27
All stablecoins are priced the same. It is converted 1 Stablecoin = 1 USD. If it has a price difference then you probably will have to buy thousands or millions of stablecoin to make a profit.
jr. member
Activity: 266
Merit: 1
November 17, 2018, 05:05:27 AM
#26
In our world there is nothing stable, everything changes : due to inflation and other factors . Real estate, gas, oil , gold, currency - nothing stands still. But nevertheless, not so sharply, on the she and Stablecoins . To make a profit you need to wait this period. It could take years. But this is the best solution for those who are afraid of big risks and losses
full member
Activity: 658
Merit: 100
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October 29, 2018, 12:47:04 PM
#25
There is no special way to make profit from stable coins because tokens holders don't benefit from the transaction fee, the only way is just to make profit in Crypto and keep it in stable coins if you don't want to move the from to fiat, most people won't have lost their gains in the early part of the year if they have made use of the opportunity presented by Stablecoin
I agree with you, can not make a profit when everything becomes stable because there are no short transactions with low volatility. We need short and long waves if we want to make a profit, stability reduces its profitability.
sr. member
Activity: 552
Merit: 250
October 29, 2018, 12:37:48 PM
#24
Stablecoins are not a good choice if you want to invest to make a profit. As simple as USDT, you will not be able to make high profits if you invest in crypto. With USDT, it will help you in the situation of exchange rate decrease, you will exchange to USDT to avoid losses.
member
Activity: 322
Merit: 10
October 29, 2018, 12:36:05 PM
#23
May be its not a smart question to ask but I need to know how to people profit from buying sablecoins?
I have seen some airdrops are giving out by the amount you hodl, or a very good token is KCS! You receive bonus (shares) based on the amount you hodl and this is every day, which is very good for investor. The price of KCS is perfect at the moment and I am thinking of investing in it more.
hero member
Activity: 966
Merit: 513
October 29, 2018, 12:31:44 PM
#22
See, everything is simple, the fact is that when investing in any tokens, you first go to the exchange and choose a token, then analyze the trading schedule, then choose the entry period and expect everything until the price of the token rises and sell it
Tokens are not secure investment because listed tokens are going to die in this year so no one is suggest to these kind of investment. Altcoin investment is the good to earn more profit in crypto platform so many hurdles are comes in every day so we only protect yourself in any investment otherwise we only loose our investment.
newbie
Activity: 11
Merit: 0
October 29, 2018, 12:17:52 PM
#21
Stablecoins are not basically meant for making profits. Stablecoins are dependent on their respective traditional financial assets. Stablecoins maintain a certain value.
full member
Activity: 773
Merit: 100
October 29, 2018, 12:14:51 PM
#20
Buy now stable coins, as prices are very low, but do not expect instant profit. Everything will come with time, you need to be patient and wait.
full member
Activity: 280
Merit: 100
October 29, 2018, 11:56:26 AM
#19
May be its not a smart question to ask but I need to know how to people profit from buying sablecoins?
If a coin is too stable, we will not get to much profit. So I don't think buying a stable coin is a good idea. I think we should buy a coin that have a strong fluctuation, buy when its price low and sell when its price high
newbie
Activity: 9
Merit: 0
October 29, 2018, 11:54:46 AM
#18
It is difficult to make a lot of profit with stable coins. But if one is patient and with good strategy, he or she can gain a considerable amount of profit. Dip and Pump shpuld be parts of his startegy. Selling the coins on the right time is also necessary.
full member
Activity: 854
Merit: 102
MoonDeFi
October 29, 2018, 11:48:30 AM
#17
See, everything is simple, the fact is that when investing in any tokens, you first go to the exchange and choose a token, then analyze the trading schedule, then choose the entry period and expect everything until the price of the token rises and sell it
legendary
Activity: 2674
Merit: 1048
October 29, 2018, 11:42:46 AM
#16
Might for long term investment you will get profit, and also depand on market conditions. Usually, the price of investment place will increase annually, be it shares, land, real estate and others. And I guess, cryptocurrency can be compared to investment place that I have mentioned. When comparing last year the price of bitcoin for example has experienced a drastic increase, and even many people mentioned one of the bubbles that had exploded. However, the price will return if most governments are not hypocritical to receive cryptocurrency.
newbie
Activity: 9
Merit: 0
October 29, 2018, 11:32:39 AM
#15
Stablecoins aren't usually used to make a profit rather, they are designed to hold a certain value which would be pegged to another asset, example 1 USD = 1 USDC and so on. They're usually useful in the case of exchanging for other cryptocurrency, especially when the market is highly volatile or for transferinng to fiat currency. At least for now that's the case for it's uses and then again there could be more that I am unaware of.
newbie
Activity: 13
Merit: 1
October 29, 2018, 11:11:43 AM
#14
It's the simplest question. You have to but coins according to its value and its base product. Then you sell it according to your price limit. Also, you can work as a broker too to deliver coins.
sr. member
Activity: 448
Merit: 281
October 29, 2018, 09:13:26 AM
#13
May be its not a smart question to ask but I need to know how to people profit from buying sablecoins?
Simplest option is to follow their prices and buy/sell accordingly. For example I personally believe that USDT is a scam token and I do not trust it a single bit. However recently it dropped like crazy and it worth like 95 cents or so for a while. Well we all know it is tied to 1 dollar and it should not be more or less from it as close as it gets. So I did what anyone with some logic would do, buy it at those prices for guaranteed profit.

Who would say no to something if you tell them something 95 cents will be 1 dollar no matter what, this is guaranteed money we are talking about, everyone would buy it. Now I am holding a bit of it and sold some of it (some places returned to 1 dollar, some places declined to use it etc) I think if you want to profit from stable coins just put a buy/sell order, whenever its low buy it, whenever it reaches to what it should be sell it. For example 97 cents to 99 cents in USDT is smart.
hero member
Activity: 1820
Merit: 515
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October 27, 2018, 05:12:10 AM
#12
May be its not a smart question to ask but I need to know how to people profit from buying sablecoins?
If you buy only the stable coins then chance of making profits is very mall because the value don't swing much so better to choose the coins with volatility to make profits.No people are making money from only buying through stable coins they uses this coin to convert their cryptos at the bear market then they will buy back at the bottom range to make profits.
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