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Topic: Less Volatile Coins - page 4. (Read 1358 times)

hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
September 27, 2020, 06:54:30 PM
#70
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.
Investing in altcoin without any volatility will tend to lose in both way commissions and this is not the way smart investors do on a regular day. The purpose of stable coins mentioned in your post is for protecting the trades from extreme volatility and instead of selling in fiat investors will prefer to wait for the right time in stable coins. Volatility is low on top-ranked coins in CMC and you can start with LTC, for understanding the basic trading.
hero member
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DGbet.fun - Crypto Sportsbook
September 27, 2020, 06:38:26 PM
#69
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 wont be here on this forum if BTC isnt on your consideration but if you do get interest in USDT or GUSDT then its your choice but to think that if you do aim for profitability then you'll surely love volatile coins.

If you do tend not to risk your money on volatile coins then so be it and you do have the free will on whatever you should do but you can actually differentiate between things.

You are free to switch anytime  Wink
member
Activity: 421
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September 27, 2020, 06:25:03 PM
#68
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.

Firstly, it is never profitable when you invest in stable coins, because it does not pump or dump. Secondly, investments options does not have favorites, instead you figure out what choices of tokens to invest in, do your own research about them, and make an investment choice.

Crypto currency is a volatile space
member
Activity: 882
Merit: 17
September 27, 2020, 03:13:04 PM
#67
There is a reason for calling those coins stablecoin. you have nothing to loose they are available to hedge your funds to avoid heavy loss in the market. it is also available in the forex market where you can exchange your stock to fiat in order to avoid liquidity. if you wish to invest in stablecoins like USDT or dai and the rest, you have nothing to loose and nothing to win.
sr. member
Activity: 1442
Merit: 265
September 27, 2020, 02:57:44 PM
#66
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.
It is useless to invest in or hold stablecoins like usdt or others, infact you can hold usd cash in your hand that will be better because you are not investing or making a wise decision by holding stanlecoins.
To be part of crypto market and take advantage of it you have to invest and hold crypto coins like btc, eth etc. The volatility of the coins is where the beauty lies and have changed many people financially.
legendary
Activity: 2730
Merit: 1288
September 27, 2020, 12:46:20 PM
#65
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.

Stable coins are not cryptocurrencies. They are just coins that are backed by fiat money. USD, EUR or whatever. They will always be worth 1 unit of fiat they are backed by. Cryptocurrencies are volatile compared to other asset. Bitcoin and Monero are least volatile of all. Why? Because thy have use case and are also used beside just being speculated with.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
September 27, 2020, 11:39:13 AM
#64
there is no benefit at all it is the same as storing your money in a place where other people cannot redeem it and it's only you can have that if you secured it in your wallet. But If you are looking for investment that's not a good choice it's better to deposit it in a bank at least you will interest annually than buying it in stable coins which will not give you any interest.
There is so low ROI in banks as well they deduct fees yearly, it's not advisable to invest in bank or save a lot in bank as it didn't grow at all, better invest in stocks and wait till the market recovers. Bank is only good to store your emergency funds and some savings but not as a investment. If newbie find crypto trading too risky then they better study first the stock market and only invest in their known companies, or companies they used in daily lives not just to be a customer but as a investor this time.
newbie
Activity: 42
Merit: 0
September 27, 2020, 11:34:23 AM
#63
Yes. I am following bots prevention services. And the field is developing fast, even though there are not many unique solution on the market

The field is definitely in demand. Are there any bold solutions you can recommend?
newbie
Activity: 42
Merit: 0
September 27, 2020, 11:26:32 AM
#62
Hey there. What I wanna say tech based solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

That's true. From my point of view, strategy that helps - getting deeper into the niche you are pretty experienced in. Because it makes it easier to analyze the found solution and understand its real value
full member
Activity: 896
Merit: 198
September 27, 2020, 10:48:41 AM
#61
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.
But what you are going to make from investing on a stable coin? It is neither going to increase or decrease which means it is not really an investment though.Bitcoin is highly volatile but its highly profitable unlike other shit coins so don't waste your time and money when you are a newbie it will result into a hate against crypto investments for the rest of your life once you picked the right coin.
there is no benefit at all it is the same as storing your money in a place where other people cannot redeem it and it's only you can have that if you secured it in your wallet. But If you are looking for investment that's not a good choice it's better to deposit it in a bank at least you will interest annually than buying it in stable coins which will not give you any interest.
full member
Activity: 1176
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Vave.com
September 27, 2020, 10:47:45 AM
#60
with customs on authorization as uses with the past terms of manage with literacy on blockchain, student might defines of one on decision as referring use of limit as expending risks and resource to work on distinct with strategy, and gains on extent as exchanging expends with the returns on possession.
member
Activity: 1204
Merit: 38
September 27, 2020, 10:43:49 AM
#59
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.
But what you are going to make from investing on a stable coin? It is neither going to increase or decrease which means it is not really an investment though.Bitcoin is highly volatile but its highly profitable unlike other shit coins so don't waste your time and money when you are a newbie it will result into a hate against crypto investments for the rest of your life once you picked the right coin.
full member
Activity: 1330
Merit: 147
September 27, 2020, 07:44:05 AM
#58
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.
Actually it depend on your capital, if you spend huge money like $5000 then you will see how volatility of USDT or another stable coin, your capital will increase and decrease quickly depend on market movement.

For newbie, I think there is no safe place/coin to invest, it will be better to you to learn first about crypto currency and learn how to trade for at least the basic knowledge to trade. So as you will know when a good time to buy the coin or even you still have a chance to hold it for long term investment.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
September 27, 2020, 06:20:12 AM
#57
Stable coins are not an investment but you could save yourself losing value in the long term if you sell some of your bitcoin for stable coins while its up high then later when it crashes use your stable coins to
buy more bitcoin. It's probably better to diversify like I just said then go either one way.

Somehow we can call it a temporary safe asset but actually we can earn with on this by using it on tradings since it has so many market pairs which is volatile and for me somehow its a good coin selection for those people who easily get panic with the bitcoins movement or other since they can leave the stable coins without worrying for the price to get dump. But the holder of table coins cannot earn on it when price of alts became alive since this coin doesn't move and not good for long term holdings if we seek some profits from it.
full member
Activity: 332
Merit: 103
September 26, 2020, 03:09:06 PM
#56
Stable coins are not an investment but you could save yourself losing value in the long term if you sell some of your bitcoin for stable coins while its up high then later when it crashes use your stable coins to
buy more bitcoin. It's probably better to diversify like I just said then go either one way.
sr. member
Activity: 1876
Merit: 328
September 26, 2020, 02:02:32 PM
#55
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.
Less volatile? Tether is not volatile in anyway, it’s a stablecoin. So, if you invest in Tether it would be just like when you’re holding the USD in your wallet. I make use of the Blockchain wallet and they have two stablecoins in their wallet that you can make use of : Tether and USD-D, if you’re holding these two coins you’re just holding dollars and that’s why they don’t have any chart on the platform, your $1 is simply that same $1 all year.

If you have plans to make profit you will have to still go for the coins that are volatile just like Bitcoin and Ethereum. The thing is that you have to raise money that you can risk and invest in these coins at the right time.
full member
Activity: 532
Merit: 104
September 26, 2020, 08:04:06 AM
#54
If you invest in Gemini USD or Tether, it's best to leave your money alone. The returns are almost zero with the above.
Investing in cryptocurrencies requires both technological, industrial, and market knowledge. It's best to learn before putting your money into something.
legendary
Activity: 2576
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September 26, 2020, 06:04:52 AM
#53
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'm not a newbie and at the same time I'm not an expert in investing but I don't see any reason why you need to invest on dollar-pegged coins like tether, GUSD, BUSD and the like.

In cryptoworld, all of the coins are volatile except for these dollar-pegged coins so if you want to invest in to crypto always take note that the risk is high in this since the volatility can eat your money in just a few days. Many lost their money already into this because they can't take the volatility of it. Still, I don't see any reason to invest in dollar-pegged coins and hold it for quite some time unless you are trading in futures then you will buy USDT Cheesy.
legendary
Activity: 3234
Merit: 1399
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September 26, 2020, 05:38:12 AM
#52
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.
Investing in Tether doesn't make any sense: best case scenario, Tether keeps costing $1 per coin, and you have the same sum you invested (minus the fees). Worst case scenario: following investigations proving that this coin is not as backed up as it should be, people start panic selling and the coin explodes, so you lose the investment. Bitcoin is not that volatile lately. So yeah, you might lose, but you can also win, especially long-term.
hero member
Activity: 2604
Merit: 816
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September 26, 2020, 04:57:59 AM
#51
I was once a beginner investing in coins, I had doubts about investing in digital currencies I was afraid my money would be lost, I got a suggestion from a friend to buy Ethereum coins and save it and now I get a profit, my advice is a beginner to buy potential coins and you will benefit like me.

If you invest in a crypto coin, you will face every coin's volatility, and if you can not find the potential coins, you will not make a profit. You are lucky to have ethereum as your investment so that you can make a profit. In the crypto market, you will find the other potential coin difficult because you need to analyze one by one to get that coins. If you want to invest in the less volatility coin, you can use a stable coin that is not too volatile than the other coins, but I don't think that the profit will be bigger than the other coins.
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