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Topic: Less Volatile Coins (Read 1394 times)

member
Activity: 239
Merit: 17
October 28, 2020, 02:00:47 PM
There is an explanation behind calling those coins stablecoin. you don't have anything to free they are accessible to support your assets to keep away from hefty misfortune on the lookout. it is likewise accessible in the forex market where you can trade your stock to fiat so as to dodge liquidity. on the off chance that you wish to put resources into stablecoins like USDT or dai and the rest, you don't have anything to free and nothing to win
member
Activity: 118
Merit: 11
October 26, 2020, 01:08:19 PM
To make good profit from investing in cryptocurrency, your choice must volatile coins. You can't really make anything investing in stable coin, you can only use it to store your assets during dump. If you make proper research, you will find good projects to invest.
member
Activity: 322
Merit: 10
October 26, 2020, 12:56:11 PM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
You've knew the fact about bitcoin and other coins already, they are high risk investment, the higher the risk the higher the reward, that's crypto for you, I see you are a newbie so it's better to leave of you don't understand how crypto works or if you don't have the nerve of losing money because learning will cost you money and time but the end result of learning is higher than you can imagine, that's only if you willing to learn and put in some energy
hero member
Activity: 2576
Merit: 586
October 26, 2020, 12:37:08 PM
Investing in stablecoins can be called investing only if your native currency is different from the dollar, and provided that your native currency depreciates faster than the dollar. But within the framework of a cryptocurrency, it cannot be called an investment if you buy stablecoins for dollars, you simply transfer one currency to another. Alas, the entire market depends on bitcoin, bitcoin, in turn, is volatile, which means that the whole market is volatile after it.
Investing into stable coins is actually a bad idea and I do store stable coins but that is when I feel the bitcoin market is going to go down and I need to convert my BTC into something solid. But investing into stablecoin doesn't make sense because you are investing into something that is meant to be stable so unless you get some staking rewards it's useless.

I believe stablecoins were made for the sole purpose to allow traders to have a basic currency which they can rely on. For example a trader can make all his trades throughout the day and at the end of the day he wants to ensure that the money he earned doesn't change so he can always convert his coins into stablecoins like USDT and relax.
sr. member
Activity: 1988
Merit: 453
October 26, 2020, 06:43:24 AM
If the OP is referring to stablecoins, I need to remind him that there is no point in investing in them. Stablecoins are just fiat currencies in crypto format. Rather than investing in these stablecoins, you can directly invest in fiat currency (in the form of bonds, savings deposits or even banknotes). Stablecoins are tokens issued by exchanges and therefore the risk is there.
hero member
Activity: 1666
Merit: 502
October 26, 2020, 06:30:39 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
I don't think so, in my opinion, if you are a beginner, it is better to learn experience with a demo account, because in my opinion, if you study in a market that has little volatility or stable coins it is less effective. In a market with high volatility we learn that every time there is a possibility for the market to change quickly, you learn to adjust the market and know the market trend when there is something with a certain indicator. There is much we can learn in a highly volatile market.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
October 26, 2020, 06:15:42 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
That is true that tether(USDT) is really a less volatile or more stable cryptocurrency
At least you are not serious about this?USDT(tether) is a Stable coin
but because of its less volatility it also gave a lesser profit once you invest on it knowing that those lower risk tokens can give you less gain but on the other hand those tokens with higher risk can really give a higher gain. If you wanted to gain more I suggest you try a take a higher risk token if you are looking for a very good profit.
that is why it is called Stable coin because your Money on this coin is very safe and not major affected of the market flow.
this is advisable for those Business operator that wanted to use crypto as their extra asset.
hero member
Activity: 2002
Merit: 534
October 26, 2020, 06:05:29 AM
The more volatile is the coin the more chances that you will get a good profit but the risk is their to lose your profit.
Actually I want being volatile of the bitcoin because I can do shorterm witht that but for the beginners it is very risky if they don't have enough experience on how to do it. Every Crypto coins the price is undpredictable anytime anything is possible and we don't know if price is high or down so even you investing to coin there's still risk.

I think the volatility depends on the market capitalization and number of investors of a certain coin. The more people trade a particular the less volatile a coin should be because one single trader has less impact on the overall price. It also depends on which kind of investors are active in that coin. If it's mostly investors who just buy and hold a coin, the daily trading volume is very low, so one large order could send price flying. The past volatility is definitely a good indicator on the risk of the coin. But the overall correlation to all risky assets we see during the pandemic is quite high. If there are bad news coming it's very likely investors are selling all their risky assets, stocks, currencies and corporate bonds.
member
Activity: 281
Merit: 10
Futurov
October 26, 2020, 05:45:35 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
That is true that tether(USDT) is really a less volatile or more stable cryptocurrency but because of its less volatility it also gave a lesser profit once you invest on it knowing that those lower risk tokens can give you less gain but on the other hand those tokens with higher risk can really give a higher gain. If you wanted to gain more I suggest you try a take a higher risk token if you are looking for a very good profit.
hero member
Activity: 1274
Merit: 513
October 26, 2020, 05:22:26 AM
The more volatile is the coin the more chances that you will get a good profit but the risk is their to lose your profit.
Actually I want being volatile of the bitcoin because I can do shorterm witht that but for the beginners it is very risky if they don't have enough experience on how to do it. Every Crypto coins the price is undpredictable anytime anything is possible and we don't know if price is high or down so even you investing to coin there's still risk.
sr. member
Activity: 1918
Merit: 328
October 26, 2020, 04:57:30 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
If someone thinks that crypto coins are more volatile than his liking then he should find relatively stable pairs to trade and crypto market and trading is not for him. I will suggest him to find less volatile trading pairs in forex or commodity market.
Yeah, for sure and crypto was meant to be volatile and unpredictable so if people start looking out for stable pairs in the crypto market then surely they are searching the wrong fruit on the tree.

But, from a newbie's perspective I do understand that it worries during the changing market and now the change is nothing as compared to when I first came into crypto because that time the market used to swing like crazy and it was an emotional roller coaster every day. The more we get experienced and get deep in the market the more adaptability we develop and someone who comes from forex is actually shocked initially by the sharp movements.
legendary
Activity: 1762
Merit: 1002
October 26, 2020, 04:11:30 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
Grin Grin Grin Grin they are stablecoin, no need to invest, less volatile coin maybe ltc,xmr will fit your choice

put small investment and try learn some trading by yourself, or try buy some rigs and the profit you can learn to trade from it

it less risk rather than your money direct to buy coin and make your nervous  Wink

legendary
Activity: 2338
Merit: 1124
October 26, 2020, 02:16:28 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

Every crypto will be volitile.  Stablecoins are risky because you can lose everything.  If you are afraid of volitility than crypto is just not for you at this point.  Risk reward are both very high.
Very well summed up and people often think stablecoins are made to stabilize the value in fiat while being in the crypto market but like you said stable coins are centralized and the risk is even bigger and we might end up losing all the money in search of lowering the volatility. Although one can actually try and reduce the volatile nature by purchasing coins that don't have much change to their value for example ETH won't change too much unless there is a new development news so just keep an eye on the market and you can reduce volatility to a considerable amount.

I personally trade crypto because of the high volatile nature because I have been someone who spent a lot of time in things like currency trading (USD/EUR pair for example) and the change is so slow that you have to wait weeks and even months to get decent profits and here in crypto market you might face loss but the changes are faster and profits are quicker.
hero member
Activity: 812
Merit: 512
October 26, 2020, 12:31:05 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

Every crypto will be volitile.  Stablecoins are risky because you can lose everything.  If you are afraid of volitility than crypto is just not for you at this point.  Risk reward are both very high.

I would agree that stable coins could be risky but not from the volatility side, from the side of they could lie about the amount of USD cash they got for the crypto money in the market, I remember a while ago they accused Tether company that it has printed fake usdt and imported it in bitfinex , it had a bad affection on bitfinex but tether seems like got away with it , I use stable coins to shield myself against volatility and there is no easier way than stable coins, I use USDT and USDC, not low volume coins, in that case, I can sell them in most of the exchanges to any other coins that I wish or just keep them and wait for a good ICO or a farmable coin!
jr. member
Activity: 276
Merit: 1
October 25, 2020, 08:55:33 PM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

The cryptocurrency space is a volatile market and all cryptocurrencies are volatile in nature. USDT is less volatile, as the volatility can only be visible when trading against fiat, but it's best to enter the market with a set goal of understanding the market. Its possible to make some losses, but at the end of the day, it would be beneficial as you'll have gotten first hand experience. Don't be scared to try new things and always remember to invest only what you're willing to loose.
sr. member
Activity: 1313
Merit: 278
October 22, 2020, 03:13:30 PM
Investing in stablecoins can be called investing only if your native currency is different from the dollar, and provided that your native currency depreciates faster than the dollar. But within the framework of a cryptocurrency, it cannot be called an investment if you buy stablecoins for dollars, you simply transfer one currency to another. Alas, the entire market depends on bitcoin, bitcoin, in turn, is volatile, which means that the whole market is volatile after it.
full member
Activity: 630
Merit: 102
October 15, 2020, 09:52:22 AM
Sometimes some people want to invest in tokens or coins at least we can see the exchange, whether there are many investors in it or not at all, that if there are many investors there will be some tokens or coins, there will likely be a significant movement in the exchange, if the exchange in it does not have even a few investors so the growth of tokens and coins is very slow for the price development, so if you want to invest at least choose an exchange that has large investors in it then your investment will be easy to predict ...
member
Activity: 938
Merit: 13
AMEPAY
October 15, 2020, 09:40:30 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
If someone thinks that crypto coins are more volatile than his liking then he should find relatively stable pairs to trade and crypto market and trading is not for him. I will suggest him to find less volatile trading pairs in forex or commodity market.
legendary
Activity: 3780
Merit: 1418
October 15, 2020, 09:06:29 AM
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

Every crypto will be volitile.  Stablecoins are risky because you can lose everything.  If you are afraid of volitility than crypto is just not for you at this point.  Risk reward are both very high.
hero member
Activity: 1498
Merit: 586
October 15, 2020, 08:48:52 AM
Many people are looking for safe investment which is actually there is no like that, because every project , investment and coins have risk so it means there is no guarantee coins that will give 100 percent sure of profit. I suggesting to everyone invest to the coin who is in the rank you why because they have strong foundation that will not decrease fast but also better to invest to other coins for more profit because we don't know what coin is less volatile because everyone can change the value.

There is no such a safe investment even if we were going to invest in a real life businesses. Risk were always there, a chance to lose has a high probability if and even if we don't know how to deal with it. And so even in cryptocurrency which i'll bet it is far more risky than i think. All kinds of altcoin have its risk, you should choose between those coins which were you going to invest with, the highest the value of the crypto the higher the chance of taking risk.
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