Less Volatile Coins - page 6. | Bitcointalksearch.org

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: AniviaBtc on September 24, 2020, 03:22:35 AM

Quote from: BlackHatCoiner on September 23, 2020, 09:27:18 AM

Well, about newbies in the world of cryptocurrency I have to say that the following phrase is reasonably confirmed: The higher the risk, the higher the reward.

This is what I think every time I have doubts towards my investments.

That phrase really motivates me and make me become more aware about the happenings in an investments.

we need to find what motivates us on everything that we do because this removes the down feeling that we felt but when it comes to investing on cryptocurrency i dont consider the phrase "high risk , high reward " to all the cryptos because what if you do this on any random crypto and you dont know that what your investing are a scam .

only risk is you will get but not reward or high reward . phrase is best suited for the coins such as btc or simillar that has a high volatility rate

AniviaBtc

sr. member

Activity: 1120

Merit: 272

First 100% Liquid Stablecoin Backed by Gold

Quote from: BlackHatCoiner on September 23, 2020, 09:27:18 AM

Well, about newbies in the world of cryptocurrency I have to say that the following phrase is reasonably confirmed: The higher the risk, the higher the reward.

This is what I think every time I have doubts towards my investments.

That phrase really motivates me and make me become more aware about the happenings in an investments.

Volatility is really a problem but you need to deal with it and face it in the market. Management and control will really make your money safe from losses even if there is a risks. Newbies are not aware about the risks and they are only rooting for higher rewards without even considering other possibilities that might happen in the market.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: laycon on September 23, 2020, 08:28:23 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.

Not at all. Your question proves that you still didn't understand enough. This means that you should not invest at all and just read more.
USD pegged stable coins don't worth investing. And if you are unsure about Bitcoin then don't invest.
Investing needs luck, guts and money you afford to lose. And well made "homework" in order to choose the asset that suits you best (and will also grow, so you'll have profit).

reliable

full member

Activity: 868

Merit: 151

Quote from: michellee on September 24, 2020, 12:58:31 AM

Quote from: laycon on September 23, 2020, 08:28:23 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.

How if you invest in bitcoin to make a profit instead of investing in stable coins such as Tether or Gemini USD. I think you don't have a chance to profit from holding the stable coins, or your profit will not be too big if you hold bitcoin. But if you want to avoid the risk of volatility, a stable coin will be your choice. But you don't have to complain if you can not make a profit from that. It is your decision, and we hope you can think before you decide.

Bitcoin is a good coin and should be existing in the portfolio if somebody want to make good return from the cryptos. Stable coins are ones which is just like bank deposit and instead of crypto better than to invest in banks I feel where guarantee still exists here if any scam happens or wallet is theft people end up losing the money. So, if for long term one needs to invest then btc always the good coin.

shamimal93

member

Activity: 966

Merit: 11

FRX: Ferocious Alpha

Quote from: laycon on September 23, 2020, 08:28:23 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.

There will be profit and loss in any investment. Where there is a losseering estuary there is a possibility of profit. Yes, it is true that many people have lost by investing in Bitcoin and many have lost their capital. But it is also true that many people have benefited a lot from this bitcoin. I don't understand why you want to invest in stable coins. I think investing in stable coins is the same as keeping money in National Bank.
As you are a new user, I would advise you not to invest at this time. Gain good knowledge first then invest.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: laycon on September 23, 2020, 08:28:23 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.

How if you invest in bitcoin to make a profit instead of investing in stable coins such as Tether or Gemini USD. I think you don't have a chance to profit from holding the stable coins, or your profit will not be too big if you hold bitcoin. But if you want to avoid the risk of volatility, a stable coin will be your choice. But you don't have to complain if you can not make a profit from that. It is your decision, and we hope you can think before you decide.

Shasha80

sr. member

Activity: 1876

Merit: 318

It is true that many people have lost money because of investing in Bitcoin, but not a few have also succeeded in making money from Bitcoin.
So the problem is not because Bitcoin is volatile, it causes us to suffer losses. But the person who suffered the loss did not understand how to
invest in Bitcoin. Therefore, before deciding to invest in Bitcoin, you should first learn how to trade properly. Moreover, investing in stablecoins
like Tether will not be able to generate large profits, because the price is stable.

maxreish

sr. member

Activity: 1330

Merit: 326

Quote from: laycon on September 23, 2020, 08:28:23 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.

Look, if you wanted to gain some profits. You should not invest and buy stable coins. Unless your purpose is to convert btc into stable coins to cut losses and wait for the price dump to rebuy again then it's a good idea. But if your purpose is to prevent volatild coins, how can you be able to benefit from it? Cryptocurrency coins are volatile in form but that makes a trader be in a profit.

You can't be a trader if you don't take a risk. Losing fund is a part of trading success, if you don't experience losses, how can you be able to become a good trader/investor?

BitcoinHunt3r

legendary

Activity: 2954

Merit: 1155

Leading Crypto Sports Betting & Casino Platform

Quote from: laycon on September 23, 2020, 08:28:23 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.

Investment is different with saving (for me) if investment i think i will aim for profit and stable coins is not kind of coin that good to be as investment (maybe yes for saving), because with that volatile, we can get profit from it. About profit or lose, it is already part of any investment and we should be ready for it.

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: laycon on September 23, 2020, 08:28:23 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.

Stable coins like Tether isn't worth investing in as there isn't a way to make profit if this is what you're looking for. The purpose of stable coins is to 'peg' your crypto which will otherwise be volatile to a more stable type of crypto. Hence, it's a way to stay put or withdraw your assets from exchanges for a while.

If you want to invest in crypto there is no way to bypass volatility. As a matter of fact this is what provides traders with the immense opportunity, volatility is KEY to healthy profit.

Also, if you're not cut out for risk and losses this unfortunately isn't a place for you as there are many ways to lose money. So the best thing to do is invest in educating yourself, and then gauge your risk.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: laycon on September 23, 2020, 08:28:23 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.

Stable coins are nothing more but a coin pegged to a fiat currency so they are not better than fiat currencies, however they have their uses, if the fiat currency in your country is being printed by the governments without any care in the world then that would be a way to keep your wealth and avoid being robbed by them, those coins are also useful in the case of a crash of this market, but do not forget this, just as the volatility is responsible for the losses of many traders it is also the direct responsible for the profits of the few that win so you should not fear it and instead you should embrace it.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

If you don't like Bitcoin's volatility, then you'd better avoid crypto altogether, because Bitcoin is actually the safest coin. All those coins that seem to be stable are actually ticking timebombs, because there's a big chance they will suddenly crash and eventually disappear, leaving bagholders with 100% loss. If volatility is not for you, look for good opportunities with more traditional investments.

fiulpro

hero member

Activity: 1890

Merit: 831

I do believe you have to take care of the fact that the coins that you are thinking of investing are no different that fiat.

Volatility has its own benefits if you know how to use it.

You have to accept the fact that these coins are regulated and at the same time heavy regulations means you won't have that much freedom.

They are mostly dependent upon things like USD and at the same time tether is good but it failed to complete the promises made by the company for the users.

If you want to invest in stable coins , you might as well invest in normal currencies like USD.

With bitcoins you have to learn to use it the correct way~

DarkDays

legendary

Activity: 2030

Merit: 1189

What's the point of investing in stablecoins? That's no different to simply keeping your funds in USD or whatever your national currency is.

As their name suggests, stablecoins like Tether and True USD, Gemini Dollar etc are all pegged to the value of the dollar. They don't fluctuate in value, therefore you're going to experience any gains or appreciation by simply holding them.

That said, you can purchase stablecoins and then invest them on a platform like Nexo, Celsius, or Blockfolio to earn a return on your investment—usually somewhere around 8% per annum.

But you could probably earn a lot more per year by holding appreciating assets like Bitcoin. (Just be prepared to take the bad with the good).

20kevin20

legendary

Activity: 1134

Merit: 1598

No offense, but if having to choose between BTC and artificial USD for a cryptocurrency investment is your question then I strongly recommend doing some research before investing in any of them.

Stablecoins are not volatile because they are pegged to a fiat currency. BTC is decentralized, transparent and has a precise inflation rate. In the cryptocurrency world, any coin is volatile. If you're looking for something like USD stablecoins then you will be way better off purchasing the real currency instead. It's safer.

As you are a newbie, I would suggest you do some research for at least a matter of days and then start off with BTC. By investing in a less known coin, you may get stuck at one point as you don't have many options with them besides selling and buying. Hell, a lot of these altcoins don't even have properly working wallets on exchanges.

Study, buy BTC and start your path from there.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Quote from: laycon on September 23, 2020, 08:28:23 AM

Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

Did you look up if Tether or Gemini USD deliver positive annual (long-term) returns (ROI)? I don't think you quite get what those two cryptos are, but here's a link to help you undertand:

"What Is a Stablecoin?"
https://www.investopedia.com/terms/s/stablecoin.asp

for investment purposes, you want BTC, despite what some the naysayers weak-hands say, just make sure you do some proper research so you exactly know what you're getting yourself into

CarnagexD

sr. member

Activity: 1498

Merit: 374

Leading Crypto Sports Betting & Casino Platform

You're not going to lose with BTC until you sell it. The reason why people are losing in btc is because they cannot stand the price anymore, so they sell it. You can invest in less volatile coins but not with stablecoins, can't get any profit from it. I don't have much idea of less volatile coins available in the market, I think ethereum isn't one of those less volatile coins. Maybe XRP or Litecoin? or Zcash, try to research.

Darooghe

sr. member

Activity: 1120

Merit: 255

Quote from: laycon on September 23, 2020, 08:28:23 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.

As far as I know, there is no such thing as investment in stablecoin. This is the crypto world, the most volatile investment ever. People are taking profit from the unstable market. If there are some coins that very stable, then how you making a profit from that? But if you looking for the most less volatile coin you can invest in Dogecoin.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: laycon on September 23, 2020, 08:28:23 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.

The way many people have lost money, in a similar way many people have made great profits from bitcoin investment. However, when you say investment, you need to invest in some assets whose price is expected to go up in future. So investment in USDT would not really count as an investment. Stablecoins are here for capital protection and not investment. Hope this makes sense!

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

If you want less volatility, you probably hold USD, but we definitely wouldn't call it "investing". With that said, I'd much prefer BTC, a currency that goes up and down all the time(that can be worth a lot more in the long-term), rather than hold fiat currencies like the USD that's pretty much guaranteed to go down in value slowly but surely.

Topic: Less Volatile Coins - page 6. (Read 1381 times)