Most stable asset or currency? - page 3.

Dr.Osh

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Quote from: Polo7 on October 09, 2019, 02:08:43 PM

What is the most stable asset or currency to keep value?

Its USDT?

Lets say i have today 50$ so where i should keep it? Eur? Usd? Pounds? Gold? Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

I do not really understand the purpose of this. however, if you are looking for something stable, you can store it in the fiat that is in your mind. if crypto currency is, there are some coins that have stable prices such as tether, USDT, and others. if you want to invest, then choose gold.

However, I'm just confused, why do you want to hold your assets to something stable if you can keep them in the bank? Huh

electronicash

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pick any stablecoin there is in crypto. Tether(USDT) is the first to be in the list but ask around which exchanges allows you to exchange it for USD going to your bank because as far as i know bitfinex temporarily disabled it. its going to be pointless to keep an asset that never grow its value. BTC volatility is high of course but thats what makes this market exciting than just going for gold. you need something that new and easy to carry and you can spend right away.

Rampagoe004

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https://duelbits.com/

If you play in the world of cryptocurrency then there is no stable price of a coin including bitcoin, and if you want to save I think it is very good for the future, and gold is also very good because the value of each year will definitely increase, so if my USDT not sure because every year sometimes the price does not go up.

NathanJB

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Quote from: Polo7 on October 09, 2019, 02:08:43 PM

What is the most stable asset or currency to keep value?

Its USDT?

Lets say i have today 50$ so where i should keep it? Eur? Usd? Pounds? Gold? Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

You do not enter into cryptocurrency if what you want is stability of prices. That is weird of someone to do that. Why should I even bother trying to get into crypto if I am looking for a stable asset in the first place? I would rather choose an unstable or volatile coin if that is the way for me to earn. It does not matter whether the value will decrease once in a while for as long as in the long run it is certain to make some profit. Whereas, if I buy a stable asset such as USDT, I will only end up with the same amount and value after many months of holding, or even a lower value because fiat is depreciating.

Wysi

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Quote from: Cherylstar86 on October 11, 2019, 02:56:28 AM

My choice goes to USDT, it remained so stable for a long time and yet the value fluctuates in a minimal behavior. When it comes with trading bitcoin, this currency was ultimately gaining huge market profit. Like in day trading, bitcoin goes up and down so you're going to dump if high price will be meet. USDT could maintain a strong position as it wasn't volatile like btc, so you had another chances to hold buy and back when price trend goes down again.

Indeed USDT is the most reliable crypto asset but just by holding on to it will not give us any profit as it can be used just to held fund. For example if I have gained a good amount of profit during uncertain market situation then I would immediately covert those funds to USDT as it does not fluctuates but we cannot expect profit through USDT but we can use it to avoid loss.

gandame

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Quote from: Cherylstar86 on October 11, 2019, 02:56:28 AM

My choice goes to USDT, it remained so stable for a long time and yet the value fluctuates in a minimal behavior. When it comes with trading bitcoin, this currency was ultimately gaining huge market profit. Like in day trading, bitcoin goes up and down so you're going to dump if high price will be meet. USDT could maintain a strong position as it wasn't volatile like btc, so you had another chances to hold buy and back when price trend goes down again.

True USDT is stable currency at all time. And compare to to other USDT is good in trading and get more profits. And its so stable the price so its better to keep USDT than bitcoin or other currency.

Cherylstar86

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My choice goes to USDT, it remained so stable for a long time and yet the value fluctuates in a minimal behavior. When it comes with trading bitcoin, this currency was ultimately gaining huge market profit. Like in day trading, bitcoin goes up and down so you're going to dump if high price will be meet. USDT could maintain a strong position as it wasn't volatile like btc, so you had another chances to hold buy and back when price trend goes down again.

jessyj48

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Quote from: Polo7 on October 09, 2019, 02:08:43 PM

What is the most stable asset or currency to keep value?

Its USDT?

Lets say i have today 50$ so where i should keep it? Eur? Usd? Pounds? Gold? Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

Investing in bitcoin is not bad at its present stage, its evolving fast and there is chances of higher value in near future, if you buy stable coins they will not appreciate in value, they always remain the same just like fiat, Usd tether is a good stable coin you can use and there are others like
- DAI
- PAX
- MAKER
- QUSD

kynaz

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Quote from: pakdemaco11 on October 10, 2019, 10:57:58 AM

for stable coins it's true that the usdt is the most popular at the moment, bitcoin is not stable coin because bitcoin has a value that changes like gold, coin usdt is usually used to protect assets when people are trading like in binance and other exchanger.

USDT is good stablecoin in this market because this is the only coin that makes you feel safe in this market and any investor will have to switch over if you want to make good profits. In my opinion, stablecoins have a very important role in this market so it is best to switch to USDT if it is already profitable. I personally have been in this market for many years and have made a lot of good profits from USDT.

crossabdd

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whether you want to save your assets / money or want to invest. buying land is better if you don't want bitcoin. Gold is also good because it is physical. For USD, EUR, POUNDS, you only save without growth your assets / money. if you choose the stable, currency USD, EUR, POUNDS are stable.

mersal

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Quote from: Wintersoldier on October 10, 2019, 12:55:06 PM

Quote from: mersal on October 09, 2019, 07:05:27 PM

Quote from: Polo7 on October 09, 2019, 02:08:43 PM

What is the most stable asset or currency to keep value?

Its USDT?

Lets say i have today 50$ so where i should keep it? Eur? Usd? Pounds? Gold? Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

No fist has stable value and literally its depreciating so the only choice you have given is gold to pick.

AFAIK,gold has the most stability on value compared to anything.

Are you pertaining to fiat? what about to consider the cryptocurrency or the cryptocurrency that is considered Gold which is the bitcoin? would it be better if we support crypto by investing in it, because right now, while fiats are depreciating, opposite is happening to cryptocurrency, the reason is because allot of crypto enthusiasts nowadays, prefers bitcoin or crypto over fiat when it comes to storing their valuable assets.

OP mentioned tether to choose from cryptos and this is not different from the fiat,if he had bitcoin as an option then I suggested for to be invested.And bitcoin has not stability in value so for someone who only in need to store the value then gold is the most preferred thing.

saba1256

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If you are talking about stable coin than USDT is the best stable coin and you can hold in USDT but if you are making a profit in the long run then you should hold BTC, not USDT.

tenakha

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Quote from: Polo7 on October 09, 2019, 02:08:43 PM

What is the most stable asset or currency to keep value?

Its USDT?

Lets say i have today 50$ so where i should keep it? Eur? Usd? Pounds? Gold? Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

The slowest moving currency should be the Swiss franc. As a asset, I have heard diamond moves slower than others.

But if there is demand and supply, you can not find an entity that does not move at all. Risk has in every sector, even the stock market which we think is moving slowly, can change 10% in 1 day.

Darooghe

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I'm interested primarily in DAI and used it. Advantages are that i don't need to KYC/AML on every damn exchange to move it. I can withdraw it from bitfinex and store it on a normal ERC-20 address without need to send someone my ID, Bank Statement and Blood Sample.

Second advantage is it's decentralization. Backed by Crypto, not by Fiat and without any central authority have a way to freeze it. I can move and store DAI freely without fear that it gets blocked because someone think the proof of income i send them 3 times is not enough.

Wintersoldier

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Quote from: mersal on October 09, 2019, 07:05:27 PM

Quote from: Polo7 on October 09, 2019, 02:08:43 PM

What is the most stable asset or currency to keep value?

Its USDT?

Lets say i have today 50$ so where i should keep it? Eur? Usd? Pounds? Gold? Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

No fist has stable value and literally its depreciating so the only choice you have given is gold to pick.

AFAIK,gold has the most stability on value compared to anything.

Are you pertaining to fiat? what about to consider the cryptocurrency or the cryptocurrency that is considered Gold which is the bitcoin? would it be better if we support crypto by investing in it, because right now, while fiats are depreciating, opposite is happening to cryptocurrency, the reason is because allot of crypto enthusiasts nowadays, prefers bitcoin or crypto over fiat when it comes to storing their valuable assets.

r_delossa

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Why would you invest in stable coins? It is basically the same as opening a bank account and leaving your money there and you would have your funds secured. Invest a small amount of money into altcoins to test things.

semobo

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Crypto currencies like tether may have stable value of USD but not always,due to changes in demand and the value is backed up by one fiat currency so better go with gold which was used as storage of value for many centuries but as investors view its not highly profitable.

gantez

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Quote from: Polo7 on October 09, 2019, 02:08:43 PM

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.

I will still have my preference go to bitcoin. If I have to keep my riches in money, I should keep it in a security where it won't give me returns. Despite that bitcoin is volatile and can go against me, I will still keep it there because it doesn't take time to come back into profit. Or I invest in estate/land.

pakdemaco11

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NeedforTurbo https://needforturbo.com/

for stable coins it's true that the usdt is the most popular at the moment, bitcoin is not stable coin because bitcoin has a value that changes like gold, coin usdt is usually used to protect assets when people are trading like in binance and other exchanger.

gaston castano

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if you are thinking of saving it for a long time it doesn't hurt you to buy bitcoin.
in my opinion nothing is really stable, then my USD has an effect on other currencies and every day experiences a change in value.
it's the same as bitcoin and crypto, gold or other commodities.

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