Topic: Stablecoins or Fiat? (Read 477 times)

Exactly. The risks of holding stablecoins are much higher than simply holding Fiat. Stablecoins are only convenient for people living in countries with a high inflation rate. The rest won't have any need to use a stablecoin, unless they want to get higher interest rates with their savings. "De-Fi" provide attractive rates for stablecoin deposits not found anywhere else. You'll have to decide what works best for you.

What matters is that you protect yourself against the volatile nature of the crypto market. As long as you win more than what you lose, there should be nothing to worry about.

     Aren't fiat and stablecoins the same thing, right? Maybe when we see that there will be a big correction in the market, we can convert it to stablecoins, and then when it returns to the rally, we can return our bitcoins, right?

     At least this way, it's pretty okay, in my opinion. It is also possible not to change it to USDT, then while the price value is falling, we are just waiting to buy when we think that the peak bottom of the reversal has been reached and we have confirmed it, then we buy again before it reverses, right?

from my own perspective I don't think that holding a Fiat currency have any advantages because holding a Fiat currency will not add any value instead of that the value will continue to depreciate so one thing I understand through holding of Fiat currency is that it will be easier for you to spend but I will acknowledge the fact that holding of cryptocurrency will add more value because it is an asset so it can neither increase or also decrease in value so this is the two advantages and disadvantages that is into holding of a cryptocurrency, me I prefer holding of cryptocurrency more than any of the option.

in the aspect of holding an altcoin for long time it will have advantages and disadvantages and for you to hold altcoin you have to make sure that you are holding the one that I have a potential and the one that is reputable in the market so not any notcoin that what to hold that is why many of us venture into disadvantages aspect of altcoin investment you must verify and understand the procedures and who is the furtherance of that particular Project before you hold.

no one can agree to hold a Fiat currency so I believe that holding a Fiat currency is something that is not totally okay to anyone who is an investor because once you hold a Fiat currency with you made appreciate it based on the country inflation holding a cryptocurrency like altcoin especially the potential ones it will give you profit in future that maybe multiple of what your invested or what you hold, so in summary you should hold what will give us increase in future.

You think people will switch from fiat to stablecoins? No chance for citizens of countries that use "healthy" currencies like the U.S dollar, Pounds, etc. Prolly people from third world countries who have shit currencies that is greatly affected by inflation and hyper inflation, they might decide to use USDT that is pegged to the U.S dollar.

That being said, USDT is very risky, it is centralized just like fiat currencies, but the institution that issues it is far less trusted than central banks that print fiat currencies. Stablecoins could be depegged and people who hodl it can lose their money in the twinkle of an eye, but fiat currencies stored in the bank is at least insured up to a certain amount.

It feels good to hold a digital currency tied to the value of real USD, when the currency of your country is worth nothing. In this case, holding a stablecoin like USDT or USDC is a much better choice. But for people already living in the US, it's best to look elsewhere. If stablecoins had some kind of insurance, they would've been a much safer bet.

One would hope there isn't another crash like the one experienced by UST (Terra/LUNA's stablecoin) a while ago. Tether is one of the high-risk stablecoins due to its shady practices. Constant money printing and lack of regular audits is a no-go for me. This is a "free market", so anyone can choose what's best for them depending on their needs. Just don't invest more than what you can't afford to lose, and there should be nothing to worry about.

personally, I would be more inclined to choose the Fiat. I think that its use will be more flexible. However, if it's a specific fund to invest in, and I'm just holding it for a while before reinvesting, then I'll choose stable coins. I often do this when market conditions are bad. I chose stable coin as a temporary asset, and after seeing the investment opportunity, I used the money. However, when I have converted crypto into Fiat, then I am ready to use the Fiat for offline purposes, whether for primary needs, or for real estate investment, or other businesses

Long-term Holding cryptos such as Bitcoin.

For short-term trading purposes stable coins such as USDT.

For cashing out the profits and wanting to hold liquidity on a long period then it's fiat.

Each has it's unique use cases and I won't confuse with one another but from an investment perspective holding crypto is the best possible way and one who hold fiat or stable coins will take hit from inflation.

Stablecoins are kinda scammy, or atleast they seem like it

My choice is the traditional Fiat currencies, and I prefer the USD to be precise. My reason: I am participating in cryptocurrency for trading and investment only, so in the absence of that, I would like my $1 to be my $1. Not the fluctuating stablecoins they claim are pegged with the USD which is not always so. Also, the risk of keeping the money I don't use in stablecoin is even higher, what if something bad happens, even with a self-custody approach? I can only risk that if I know that I will still convert the Stablecoin to other cryptocurrencies for further use. In the absence of that, I like to store my unused funds in the USD.

But of course, when it come to investment, cryptocurrency has it, unless I want to deposit in fiat and trade the financial market elsewhere. In the absence of that, it is better to buy cryptocurrencies at a low price and keep it to yield more money for me over time. With this, the risk of keeping it in crypto is still worth it for the money being made.

Of course I would support Stable coin because you stable will be less profitable and your profit or your profit loss will remain the same.  But in that case the lover that you are, will have the application or your pocket potential will be high and your mind will remain the same as the bank account.  In that case, there are many who enter Binance in a variety of ways, buying low and fearing selling high when they think they have the potential to get old.  Not only the physical possibility of the attitude, it is possible for you to lose because you bought a little bit with one dollar and the price of that token came to  7-8$ and then you lost your entire money.  Two, three, five dollars are gone, in which case you have a profit.  But I would say your stable CoinBetter reason.  Stable coin never cheat you and your profit.  will not be lost

I'll go with stablecoins right now. I am safer with stablecoins right now especially even if you are just a small retail investor, there are already a lot of networks that have cheap transaction fees, an alternative for Ethereum. And with your stablecoins, there are already a lot of decentralized finance (defi) platforms where you can earn some interest just by depositing your stablecoins.


Why is that my answer? Just recently, there's a bank locked my account with no notice about why they blocked my account, they didn't even tell me the reason, they locked my account for more than a month, see the hassle and difference it on using cryptocurrency?

I have always chosen the stablecoin USDT over the past few years because my local currency is depreciating against the USD, and USDT also offers a higher APR on Binance than bank interest rates. I don't have much reason to hold fiat, I even trust Tether more than the central bank.

Although Tether always has risks related to the reliability of the reserve evidence, I believe that is the risk we need to accept in order to have higher liquidity and an asset to take profits before the market enters the crypto winter. I only sell USDT for fiat when I need to pay bills or buy gifts for my family.

Yeah some of the banks are like that which called as acquisition. It's make sense for offline company to do that because the failed bank will be hard to sell their building and land to other people, instead if competitors want to acquire them, they can sell it immediately.

While in online company, they didn't have anything that worth to sell to the competitors.

What they can is sell their domain, so the competitors can re-direct the site to their exchanges, nothing more.

I think in time people will switch to cryptocurrency, so I am already preparing for it and keep money in TFS, plus you can also staking tokens and make money on it. So definitely crypto has more advantage over fiat.

The choice of either hodling a stablecoin or fiat is a simple one for me to make, owing to the inflation in my country. With USDT, I'm well covered. I intend to keep hodling it till the situation improves. Those who left money in the bank last year have a better half of their savings lost in devaluation because of the double digits inflation in the country.

Well, that will depend on the time of the season the market is in. It's not always rosy for cryptos. They're times when it becomes obvious not to hodl cryptos that aren't stablecoins. At such a time, it's better hodling fiat than hodling those cryptos that depreciate in value.

From what I have experienced if bank go into bankruptcy, another bank that is capable to acquire the dieing bank would bought it and sed it to one of it branch in the location. So all the customers that were in the bankruptcy bank would be automatically transfer to the new Bank. That is how it has been done which I have seen. But cryptocurrency I have not seen transfer of ownership. And when FTX collapsed all the investors funds were lost and no way to recover it. And it was a centralized exchanges so if the same then happened to Decentralized Exchange, the same thing will still happen.

But even at that people still choose stable coins over fiat Bank. And because of the charges and no value added to it but in stable coins the matter what if you keep your coins for years something must add to it and you will have profit from it.

Sincerely I would go for stablecoin, because currently my local currency has been fluctuating and I can not afford to lose to inflation.

Since the USD has been gaining a lot of value over my local currency I will love to save in USDT to cope with the current inflation problem.

For an investment purposes I prefer to go with a cryptocurrency that is volatile enough to make me profit in a long term. For sure, I wouldn't be saving any money that will not yield any profit after a very long time because it's against the rules of entrepreneurship, at every moment we must take risk to be productive enough. So it's clear that I will go for crypto for long term.

Of course. USD-backed stablecoins prove to be extremely-convenient for people living outside the US. You can virtually hold USD without the need to create a bank account in the US. In authoritarian countries, you can even use decentralized stablecoins (eg: DAI) for peace of mind. What I don't like are the huge risks involved when holding stablecoins. You'll never know if the issuing company fails to honor the USD peg or if it dumps the token all of a sudden.

With no investor protections or guarantees of any kind, you will lose everything in an instant. Therefore, it's best to balance between Fiat and stablecoins to minimize the risk of loss. Who knows how far will stablecoins go?

I know that fiat is better in terms of regulations, when the banks bankrupt, you have a way to make a complain and FDIC might recover your money. While in stable coins, either the CEX bankrupt or the token ruined, you can't do anything.

But since banks charge monthly fees and my local banks not give exact 1:1 conversion price to foreign currencies, so I choose stable coins.

I didn't hold all my assets in stablecoins because stablecoins have a lot of risks. I'm getting scared to keep assets in USDT because every week a new milliard is printed there and I wouldn't want to be a hodler when that company starts having problems.
In my country there is no problem to quickly change steiblcoins to fiat, so I take money out of the market.

I prefer saving in stable assets. unless I will make a withdrawal that requires me to convert to fiat. but if not for withdrawals I would prefer stable assets.
I would not hold stable assets in the long term. it's like there's no use for it. I convert to stable assets when the market tends to move towards a decline. and once the price hits the buy target, I will buy some altcoins that I like at a cheaper price.

I haven't heard of these dealers yet but I visited the site from JM Bullion.
I was really surprised to see that we can purchase gold using crypto directly.
The sad thing is that JM Bullion ships only in USA and I haven't heard of any such dealers that exist in my country.

You are referring to the volatility of the cryptocurrency market, so obviously stablecoins will not be a safe choice at that time. There has been a lot of FUDs related to USDT and USDC in the past, and with it comes very strong market volatility. No one can guarantee that in the near future MMs can use again FUDs news related to stable coins to manipulate market psychology or not.

Therefore, in my personal opinion, if you know the information in advance or have predictions about market fluctuations in the near future, you should hold fiat currencies such as USD and EUR. ..would be a safer solution. The market is still there, we have no need to risk our capital. We can use fiat money to buy back Stablecoins, Bitcoin or Altcoins when the market stabilizes again.

I have never considered stablecoins as long-term storage, I think storing stablecoins for the long term whatever the purpose is much riskier than storing Fiat, and so far only stored for a short time only because to use as a means of payment, and in my opinion if you want to against the volatility of cryptocurrency isn't it worth saving fiat will be the same as a stablecoin, because the value is the same 1:1, so with this consideration, fiat will be much better but if you want to remain a stablecoin then choose a decentralized one but with a reasonable value to store.

the answer to this would depend for each person and any answer from this thread can not be taken by everyone

for example for those unbanked would  of course use stablecoins for safety and saving purposes however it can be quite risky when you need to sell your funds when no one is available to buy.

Holding money in crypto is risky and stablecoins are always worth the dollar so if you have the opportunity to hold USD then I think there is no need to hold stablecoins. Because we've seen stable coins like UST get cashed before. But if you are living in Asian countries and want to hold local fiat money of your country then I would say stable coin will be better in that case because FIAT money is getting high inflation every year. Which reduces the value of your money.

Actually, you can purchase Gold with BTC and other major cryptocurrencies through online dealers such as JM Bullion, Bullion Exchanges, and APMEX. At least in the US. Not sure if they're able to ship internationally. You can always sell your crypto directly to Fiat. I haven't seen the option to buy Gold with stablecoins, though. I wonder why? Perhaps the regulatory pressure from mainstream governments, prevents this from happening.

TBH, I've had a bad experience myself with stablecoins. Especially those living on the Ethereum blockchain. Fees are utterly-high these days. Fortunately, competing chains like TRON and Solana provide the solution to this problem. It's also possible to use stablecoin on ETH-based L2 networks if you want the added convenience. Money is being poured into stablecoins as we speak (particularly USDT), so don't expect the trend to die anytime soon. Who knows if stablecoins become the CBDCs (Central Bank Digital Currencies) of the future?

But you won't be able to purchase gold directly using crypto ? Or can you ? 
If not, then you will eventually have to exchange to fiat and then purchase gold with that.
You will lose money on the exchange fees as well. I prefer fiat but if we have a large amount then exchanging it to fiat itself would be a bigger task.
So holding stable coin would be the easiest choice out of all, if we are plannning to buy back crypto later again.

Aren't stablecoins tied to the value of Fiat? So if Fiat currencies lose value, so will stablecoins. The only difference is that you can use stablecoins for "De-Fi", whereas Fiat can only be used for traditional banking. Not only that, but stablecoins are programmable. For day trading or protecting yourself against short-term volatility, stablecoins does wonders.

It's rumored that stablecoins will become the CBDCs (Central Bank Digital Currencies) experts were talking about. Why re-invent the wheel by making a digital currency from scratch when governments can use existing stablecoins for their own benefit? They can manipulate the issuing companies to meet with their demands. Sounds crazy, but anything's possible. The future is unpredictable, so lets hope for the best.

To protect myself from the volatility of cryptocurrency, I'd rather save in stable coins than fiat. Recently, many fiat currencies have depreciated against stable coins, while stable coins have appreciated against them. Saving in a stable coin is the best option for the time being because when you convert to fiat, you will receive a higher value that is worth what it is at the time of conversion. Leaving your money in fiat may result in further losses due to the way stable coins appreciate against fiats.

When planning to hold for the long term, it is preferable to use cryptocurrency rather than fiat currency, or to combine the two. Cryptocurrencies are ideal for long-term investments, as evidenced by their rapid growth in the market in which they were introduced. Cryptocurrencies are good for long-term investments, and you'll get the most value for your money in fiat when you convert from crypto to fiat when you're finished investing and want to take profit.

We have exchange wallet that should be swiftly in good balance and not some random state. Talking about stablecoins and fiat, ofcourse I'm all in for the stablecoins because they're promising and earned when it comes to hardwork. But for fiat, It never appreciates but will depreciates when put against other strong currency. We have the fiat and stable coin in the economy and the Government only tenders strong power to the fiat because they've envision it to be the presentable feature of a country interms of exchange.

Stablecoins would not be the best choice if you want to protect yourself from the volatile markets. It would make sense if you could hold it in fiat. The difference between USDT and USD is nothing, but in one of them you are trusting some people, while in the other you trust a whole nation.

I believe that bitcoin is far better option than both of course, but that is just what I believe in and I do not think that it will matter that much, its not going to be that much of a big deal in the end whichever one you pick. I hope that people could see that there is nothing wrong with Bitcoin though, because while it could be volatile, it is also quite profitable for most people who hold it long enough, many got rich thanks to it.

I think this has been discussed sometimes again and there is no way I can leave stables coins Fiat. The matter what stable coins have more value then the fiat because when you invest in stable coins, every week, months you money will be in increasing. And stable keys do not means that the coins is not moving but just that the coins is not adding to value in the cryptocurrency ecosystem market. And the movement is very slow. It is a very simple logic instead of keeping your funds in the fiat currency then you key it in the stablecoins and let be there to increase your investment instead of keeping it in the local currency.

Not a bad choice. But can you do DCA or even divide Gold into smaller units? I guess not. It's much easier and convenient for people to sell their crypto to a stablecoin or Fiat currency than something expensive like Gold. The "yellow metal" is still a volatile asset (although at a lesser extent than cryptocurrencies). For people living in third world countries, USD-backed or EUR-backed stablecoins does wonders for them. You can have stablecoins in your wallet without the need for a bank account. The only thing you need is to provide personal ID documents if you acquire stablecoins at a centralized exchange. But it's easy enough to get major stablecoins (eg: USDT and USDC) through non-KYC instant exchanges and decentralized AMMs (eg: Uniswap and Sushiswap).

Despite stablecoins' advantages, I wouldn't trust them for preserving my capital long-term. Especially when they're prone to failure. USD at a bank account is a much safer bet. Just don't invest more than what you can't afford to lose, and there should be nothing to worry about.

Converting a volatile coin into a stable one is a good strategy to protect one self from the market volatility.
We don't have to sell our coin to get the normal fiat like USD, GBP etc just because we don't want a volatile coin at the moment.
Converting to a stable coin is still quite better for us to do anytime we want to buy any coin in the crypto market, we van easily opt in and swap our stable coins for any reasonable coins we want to hold for a particular period of time.

Both can certainly be chosen, but I prefer using stablecoins over fiat. that's because I will withdraw it to my wallet, not to my bank account.
What's more, the planning that I made for these assets was to rotate and increase the assets that I had. If you make a withdrawal to a bank account there will be a tendency to use the money for your needs. just to be careful so that the value of investment assets can continue to grow instead of being reduced.

One way out of this situation is stablecoins. A pretty valid benefit is being able to convert USDT into other cryptocurrencies, and all of these are insights into its ease and speed. Cryptocurrency markets provide liquid value in stablecoins so it is not difficult to transfer from one asset to another.

However, you should still consider the contrast between the potential risks of inflation affecting fiat currencies, regardless of whether they are declared “stable”, such as the US dollar. . Any currency can have its purchasing power weakened by long-term inflation, even those that support stablecoins.

Just close your eyes and pick one, they are all risky to convert money into but from your list, I will go wit EUR. It has a string strong value and high esteem of demand than USD, never have I seen more speculation about EUR than I do see around USD, you don't need to fear about even the purchasing power and inflation surrounding the dollar as compared to EUR in the last few years and not recent data. I don't believe in the CPI value that are been demonstrated, looks manipulated and force for people to believe.

Why not use stablecoin like Dai if you fear the centralized ones instead of going through these options? I mean you can always move between crypto and not involve fiats all the time, you don't need to involve your bank account for privacy sake you know and in situations where you might have crypto large that you might not be able to hold in your account unless you want to be keeping the fiat in the exchange which I see as unsafe practice.

Choosing between stablecoins and fiat money depends on what you need.

Stablecoins are like digital money that stays about the same value all the time. They're good for fast and cheap transactions, especially if you're sending money to someone far away. They're also handy for trading cryptocurrencies quickly without changing them back to regular money.

Fiat money is what we use every day, like dollars or euros. It's backed by governments and banks, so it's stable and widely accepted. You can trust it, and it's protected by rules and regulations.

Which one you pick depends on what you're doing and what you need. Sometimes, using both together is the best choice.

its the same thing in term of fluctuation other than the fact that most of stablecoin backed by private company whether the reserve is audited or not but if you trust the stablecoin issuer i guess you will have no problem so long you don't hold there for too long also depends on whether the stablecoin itself truly backed with dollar or just an algorithmic stablecoin.
personally i have no problem with securing my asset in stablecoin, most of the stablecoin i presume are too big to fail anyway even though i know UST also being said the same thing but these stablecoin that i use are backed by money and i'm sure its gonna be safe for long term but that just coming from my opinion and take it with grain of salt.
Personally if you don't feel comfortable with stablecoin you can always withdraw it to your bank account or use some fiat, the process is simple anyway but you might be burdened with additional fees.
take that into account and see whatever fits your purpose.

I'm not keeping my funds in fiat or stablecoins. I'm using fiat to buy stuff, and sometimes I use stablecoins, but I'm not keeping them for too long. Of course USD stablecoins are good for holding if you live in countries where fiat currency is way weaker than USD, but there are still a lot of other better options for that.

The volatility of the crypto market only affects those in daily trading, long holders are not affected by the market as they know it will always be profitable in the long run. For traders, stablecoins are the best as they can be exchanged on a crypto exchange, with stablecoins traders can invest in new projects instantly rather than converting fiat to stablecoins. I prefer stablecoins over fiat currency as buying cryptocurrencies using a stablecoin is easier than using fiat. That is the sole reason I always keep some stablecoin in my exchange wallet.

I'll use a combination of both. Stablecoins offer convenience for quickly re-entering the crypto space for trading or investing. I'll keep some fiat currency as an emergency fund since crypto prices can be volatile. If I need money urgently, I don't want to be forced to sell crypto at a low point. For long-term investing, I'll also diversify between both. It's wise not to put all your eggs in one basket, and the future is uncertain – I can't guarantee that cryptocurrency will always be a viable option.

Honestly, I prefer to hold it in as stable coins. Maybe some would argue that it’s just basically the same and therefore does not matter but I think there are significant differences that could make or break your decision. For instance, I believe stable coins are much safer compared to fiat. Due to transaction fees, it helps me not spend on useless things the money that I have and it is also easier to trade it when the opportunity comes.

Cash is still the king when you need to spend it quick. But stablecoin can be a good way to save your money as it gets you more interest rate than banks. (For most nations)
Currently USD stablecoin staking is been provided a interest rate over 9% (APY) on binance. And even in the bear, the rate were around 4% which is still better than what my banks are providing. DEFIs might provide even better rates. There are risks involved, moreso on stablecoin investment than saving on banks but if you are careful enough, saving on stablecoin might be a much secure and better way to grow your money.

Stablecoins still so that whenever the dip comes, I can buy whenever I want. But for some exchanges, they have their own fiat currencies so it's fine as well but going on with stable coins, you've got more options when you're about to buy several cryptos that you want to. Anyway, whichever works to you perfectly with how you trade in the market, that should be your preference and what important is what is giving you ease on this market to keep some value and how you keep your profit.

Fiat reserves are always in local currency so when to avoid crypto market fluctuations I myself hold more stablecoins because it is easier to deposit into the market so this way it will not disturb the fiat which is a reserve for our daily life.

Actually it depends on what they want, some use fiat and then deposit it back, some USDT stablecoins are the same and easy to withdraw at any time so when the market is down they save more in favor.

Better maybe, fiat is owned, stabelcoin is still stored, coins are still held.

Obviously it's stablecoin because I cannot risk it all in fiat because that too fluctuates and most of the fiat will be depriciating against the USD hence I would choose stablecoins as its value will be in lines with USD which will save me from crisis. But I know even stablecoins are not safe nowadays and there is no valid proof that these stable coins are backed with USD.

for someone who wants to stay long in crypto would rather put their money on stablecoin until the price is right to buy back. you'd be tempted to use the money to buy some stuff if you have it on fiat digital or cash, it already is meant for spending.

there is a time for staking your stablecoin by the way. when the bear market starts, staking usdt is a good time and then unstake the usdt when the price of BTC is right for buying.

Well, it sorta depends! For me, whether to use a stablecoins or regular money to make it through the crypto rollercoaster relies on some stuff.  Stablecoins are decent cuz they dont budge too much, which helps when crypto coins are dropping all crazy.  It is also good if I gotta send cash between exchanges.  But I still gotta pay my bills and buy groceries with regular dollars and  so if I think Ill need to quickly get my hands on some money to grab something, sticking with dollars makes more sense.

I prefer not to hold too much capital in either stable coin or fiat long term. Most of my wealth is in Bitcoin, if I was to sell it all during a big bull market in the hope of buying back cheaper in a bear market I’d probably prefer to store money in USDT than my local currency. Keeping too much money in stable coins or fiat makes me uncomfortable though.

50% in fiat, 50% in stablecoins on a hot wallet to be able to quickly invest them. The main thing is not to get involved with dubious (sanctioned) exchanges so that later there will be no problems with blocking USDT from Tether, for example. But I would add at least 20% here for high-risk investments, because it’s good to store, but you also need to try to increase your crypto portfolio.

Stablecoins, it will be easier to buy more crypto on the market than traditional fiat so it will be a bit complicated, unless you use it for your daily life.

In the current market conditions it is rare to use fiat all stablecoins have been used to buy some crypto because it is already a bit profitable unless in bearish times then holding stablecoins will be much more meaningful.

stable coin will give me fast and easy access to the crypto market. If i am a crypto investor that means i am an opportunity, and any major correction is a opportunity where i want to use my stable assets to accumulate any crypto i prefer. Fiat assets can cause some inconvenience when the market is in panic mode and everybody wants to convert their fiat or stable into other cryptos. So for me, stable coins are the preferred option if i am an investor. Some people might have different opinions because of the laws and regulations in their country.

I keep some in fiat cash and some in usdt in case i need it for building a position in alts or something else like sales that i need it quickly for. Bu tgenerally i try to stay out of stablecoins as they tend to be just an extra step when cashing out fiat money, and just one more thing to keep track on when doing taxes. Also fiat currencies that are coming to me tend to come all from legit places. But i can't say for sure if origin of my usdt, as i get it from random places, and i have no idea if wallets it's coming to me are flagged by officials or not. That might get my wallet flagged as well. So i don't keep much in usdt.

As far as I'm concerned stablecoins are a good way to protect yourself from fiat volatility in the crypto market. Inflationary effects on fiat currencies When a country's economy suffers it can become difficult to devalue the fiat currency. Crypto has nothing to do with inflation with stablecoins I can do whatever I want. I can increase my currency through investment where there will be no pressure of inflation.

I personally use stablecoins it's simply easier to get back into buying crypto when you're holding a stablecoin, vs holding fiat. I don't like staying unexposed to bitcoin/crypto for long periods of time lol but of course I still have money in "true" fiat in my bank account for my personal spending.

None. Get a stable-like crypto and withdraw your coins to a cold wallet. LTC has been very stable for example. It is a decentralized network, you can store your coins in a cold wallet and that means you'll have the full control over your funds which is a priceless feature.

If you want to hold FIAT that's not even related to crypto. You already know the advantages and disadvantages of having a bank account.
If you want to hold stable coins, they are centralized projects and as far as I know they can freeze your funds which is a big no no.

To protect myself from the volatile crypto market, the best option will be to convert it to stablecoins, and as the name implies it's pegged to a stable currency, the US dollar which is the standard currency for knowing the value of cryptocurrency. Most fiat currencies are not stable, they're affected by inflation, so saving your money in them reduces their values, but stablecoins like tetter, is safe to convert your money on the short term pending when you need it, also it's very convenient to convert your usdt to crypto.

If I really want to protect myself from the volatility of the cryptocurrency prices, I would invest in gold. To bypass the volatility of cryptocurrency, why would I choose another crypto? Doesn't make sense!

Stablecoins are great for trading. If you are a regular crypto trader, you can make use of stable coins. But when it comes to avoiding the volatility, investing in Gold is the best option.

to protect myself from the volatile crypto market, maybe i will take stablecoins like usdt to protect my assets from the volatile market. because i can't rely on my country's currency which is currently unstable due to political turmoil and i don't want to risk my assets losing value due to this. so choosing usdt stablecoin might be the best choice, since it's more stable and i can convert it faster on an exchange if i ever need to.

To be on the safer side, I prefer going both ways in order not to make a great mistake. Like the way my local currency value is fluctuating, I can't take the risk of saving all in fiat.  

Aside from holding a few cryptos like the ones I trust to hold for a long , I prefer to hold much of the stablecoin, which is pegged to the USDT, than my local fiat.
 
The USDT has been gaining value over my currency, which saves me a lot when the value reduces, and also puts me on the safer side in case my local currency gains value over the USDT.

When planning to protect yourself against volatile crypto market prices, which type of currency do you prefer? A stablecoin, or a traditional Fiat currency (USD, EUR, JPY, etc)? Why did you make that choice? Would you prefer holding either currency long-term? Or crypto is better for that?

Your input would be greatly appreciated. Thank you.