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Topic: Most stable asset or currency? - page 4. (Read 695 times)

hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
October 10, 2019, 08:15:05 AM
#29
Stable from the perspective of value to dollar? it's definitely all those stablecoins including USDT and many more that people have mentioned above. but in term of real value there's actually none. When you are deiciding to use stablecoins you must also take liquidities into your consideration because a stablecoin that lacking liquidity is as good as nothing and also the reliability of the company behind that stable coin.
These stablecoin company are always monitored by the government due to them involving their currency as a mean for the token backup so you also need to beware aswell not just being loose on these coin just because they are stable.
member
Activity: 845
Merit: 52
October 10, 2019, 07:57:58 AM
#28
I will gladly keep it in bitcoin because of its volatility. It has the potential to add values, while USDT is a stable coin and will just stay stable and one can't benefit from any price increment. In summary, if one is looking for a safe haven, low or minimal risk, then USDT is okay.
sr. member
Activity: 980
Merit: 255
HALA MADRID
October 10, 2019, 07:34:38 AM
#27
A stable currency is a coin that generally does not experience price volatility and is pegged to a stable fiat currency at a ratio of 1: 1.
If you want a stable currency, then it looks like there are some recommendations from me, USDT, TUSD, GUSD and USDC.  Regarding which is the best with a low level of fluctuation, I think you can try to look at its history. But I prefer USDT if I intend to secure assets.
hero member
Activity: 3052
Merit: 606
October 10, 2019, 07:17:44 AM
#26
So you are only looking for the most stable? It's obvious that the answer is Tether as it has the highest trading volume in the market.
You can check the ranking per volume in https://coinmarketcap.com/.. just sort and you will see it's the highest with $24,446,371,074 daily volume now.
legendary
Activity: 2030
Merit: 1189
October 10, 2019, 07:05:34 AM
#25
There's a useful resource here if you want to check which cryptocurrencies are the most stable, e.g. have the least volatility;

https://datalight.me/market/most-volatile-crypto

Remember, highly volatile assets are good for shorts and sudden profits, stable assets are good for holding.

According to datalight, USDC is the least volatile stablecoin as it stands.
member
Activity: 742
Merit: 16
October 10, 2019, 07:04:40 AM
#24
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.
All crypto coins and tokens has high volatility, stability will always be missing, do not listen to those who said bitcoin can be stable in the future when its not a stable coin like USDC or USDT, the most stable currency in crypto to keep value is stable coins
full member
Activity: 980
Merit: 109
October 10, 2019, 07:01:25 AM
#23
You have 2 options.
If you are talking about fiat money, then it is better to store them in a reliable bank.
If you are talking about virtual money, it is better to store them in stablecoins, for example, USDT, TUSD, PAX.
sr. member
Activity: 938
Merit: 251
October 10, 2019, 05:28:01 AM
#22
Yes only USDT most stable coin assets and look keep the same price every time, maybe just get change about 1% to 3% for every month of USDT coin, you can save your assets with USDT if you worry with your assets have lower price because USDT become stable coin assets and crypto for keep holding.
member
Activity: 868
Merit: 10
October 10, 2019, 12:06:32 AM
#21
If you are talking about stable digital assets or currencies, I think that USDT coins are digital currencies whose prices are always stable, if you plan to save some $ 50 in the form of stable crypto assets, I suggest it like USDT atau TeTher.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
October 09, 2019, 11:55:38 PM
#20
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 are so afraid of the volatility of Bitcoin. BTC volatility is unavoidable until now but the ROI of BTC ownership is greater compared to Gold or Altcoin.

What do you expect from the stability of the assets? If you have $50 it will remain that much, meaning your assets are still and will not going up, you do not get any benefit from the ownership.
sr. member
Activity: 1022
Merit: 256
October 09, 2019, 10:50:38 PM
#19
I am really intrigued with this kind of questions.
You are in bitcointalk and bitcoin and altcoins are mostly the conversation around here.

But USDT? For what purpose? It will not increase so why?
I just cannot understand it fully into why go to so much effort just to exchange your USD to USDT. There is no sense in doing it. There will be no profits even in the long run.

Probably the OP is looking for the most stable altcoin that will not be affected by the normal rise and fall of prices. Well, you have it already, USDT, USDC, etc. As to why, we do not know. Most probably it is for stability while the prices of the rest of the crypto market is very uncertain or perhaps covered in red. I guess many of us here are also using such stablecoins when we think that the prices are about to fall. 
sr. member
Activity: 1092
Merit: 284
October 09, 2019, 10:35:48 PM
#18
If the digital currency in cryptocurrency is a lot like USDT, DAI, USDX, Tether, USDC but the price will not increase or decrease, but to save your assets in the long run better digital gold I recommend choosing https://cryptex.net/trade/GOLDUSD because they have real physical gold, and the price of gold will increase every year.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
October 09, 2019, 09:03:20 PM
#17
I think it wouldn't increase that much since the purpose of stablecoin is to be stable in terms of price. This is their primarily purpose actually, so even if you put a $50 on it, the price will move closer to it just by an inch. If youre looking for a good and play safe coin then pick btc or eth these two are stable when it comes to foundation cause of their marketcap.
sr. member
Activity: 432
Merit: 250
Febriyana Muhammad
October 09, 2019, 08:57:55 PM
#16
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.

Stable crypto is USDT.
But i don't get why you want keep value, if you exchange USD to USDT, that will decrease by fees. Also in the long run the "buying power" of USD will eaten by inflation.
If you want really keep value not keep the price.
I recommended by real gold. Buy Gold Bars.
With gold you can keep buying power, price also up and down, but in the long run the value is still win from inflation.
full member
Activity: 265
Merit: 102
October 09, 2019, 08:52:46 PM
#16
Yes we have already a lot of stable coins OP here in crypto that very worth it to use then actually this is one of what cryptocurrency be proud of like digital currency can be useful and helpful then with assurance of price and not volatile still bitcoin then some alts/tokens have different worth even very risky to use like with volatile price still we can earn then use this different ways
jr. member
Activity: 115
Merit: 2
October 09, 2019, 08:44:30 PM
#15
I think you must invest it in the most stable coin. Or if you really wanna invest you can invest in real state because it won't be affected by inflation. But for now I think the best coin to have is bitcoin. Because bitcoin effect the values of other coin but not directly affected by other coin. For me buying bitcoin is just like buying share of stocks to the most stable company in the world.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
October 09, 2019, 08:41:03 PM
#14
DAI could be an option rather than USDT, I'm not saying USDT is not good, but I heard DAI has a clear back up of assets,
if you want to save in the real world, you better save gold than FIAT, because the price of gold charts always go up, while FIAT experiences inflation every year.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
October 09, 2019, 08:37:57 PM
#13
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.
It's NOT usdt but it should be another stable coin like geminiUSD, TUSD.
In my experience and i have experienced USDT has traded below $0.8 last year and this is not a reliable stable coin to be used to keep your money.
Buy you have owned your answer and fiat has become your best answer.
What do you need to ask more about that?

I thought that you don't need to convert your $50 in another form because you have owned it and it's already fiat money. Why do you need to convert it into another form of fiat when you have already owned it in the best form of fiat?  Roll Eyes

You have owned fiat and you are looking for stable asset or currency to keep it and then you forgot if you have owned your amounts in stable currency or fiat money.  Roll Eyes
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 09, 2019, 08:20:18 PM
#12
I am really intrigued with this kind of questions.
You are in bitcointalk and bitcoin and altcoins are mostly the conversation around here.

But USDT? For what purpose? It will not increase so why?
I just cannot understand it fully into why go to so much effort just to exchange your USD to USDT. There is no sense in doing it. There will be no profits even in the long run.
member
Activity: 1204
Merit: 38
October 09, 2019, 08:05:27 PM
#11
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.
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