Author

Topic: There is no ROI if the crypto is a stablecoin (Read 395 times)

full member
Activity: 826
Merit: 100
Stable coins developers don't create stable coins to raise funds like many ICO projects, the purpose of these coins is to keep your USD valued at a stable price digitally, its a very very useful use case, that's why many new stable coins are showing up this days, be careful which one you choose
True, stable tokens that are made to keep dollar prices in general are good stable tokens that are very useful for everyone, and if someone chooses another stable token or a new one, then the risk will obviously be huge for him.
member
Activity: 784
Merit: 21
Stable coins developers don't create stable coins to raise funds like many ICO projects, the purpose of these coins is to keep your USD valued at a stable price digitally, its a very very useful use case, that's why many new stable coins are showing up this days, be careful which one you choose
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
That's the right description about stable coins but it's not that many of them at all. There are actually a few of them that are popular.
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
Probably a newbie that doesn't understand it if he/she buys it, they will think that they have invested on cryptocurrencies.
You are right, sometimes there are few people who have never or lacked research into the coins that they will invest in and think about if they buy at a good price for long-term even though all of that is wrong. There are still many newbie with minimal information about stable coins.
I have encountered some of them before that they thought that they have already invested as long as they buy a coin of their choice. But the part that they didn't know if they buy a stable coin, there's no volatility in it.
The value remains as is and they can't profit from its movement.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
Stablecoin is designed as a stable currency so that people can anchor their assets before price storms rather than making a profit. In fact, sometimes USDT is a bit more or less than $ 1 if it is traded directly, but this rarely happens so people do not consider stablecoin as an investment channel.

There are different stablecoins for different purposes. No stablecoin is perfectly stable. They are pegged to some other stable asset but because of latency or something they are not always of identical value. Other stablecoins stabilize their own rate, so they are even less stable. They are considered stablecoins because of their effort to keep the price stable.
Yes there are different stablecoins in every purpose. If the stablecoin is perfectly stable it would not earn money. The value of coins varies depending on the charts and trades. Some stable coins are considered as stable because it can manage the prices in the market. They are able to make the money in its value at a range. It doesn't goes down that low. Because of it the specific stable coim could stand on its own and not being bankrupt.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
I think that is already common sense unless you are trading it against an asset. The best thing that you could take advantage of this is the trading between a stable coin and Bitcoin. It's quite easily understood that it's going to be volatile since it's Bitcoin, and a lot of traders are speculating on it. Approaching different stable coins would be ideal, and comparing would be better, like USDT and USDC. I would prefer USDC since it's more transparent with the auditing, and there's actual cash on their vault or something. The problems that occurred on USDT is quite problematic in a way.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.

As far as I know stablecoins can actually save us from massive and sudden sideways. Converting our coins into stablecoins will benefit us for volatile market. It is obviously called "stablecoins" because the price is stable and steady.  I do not think it can be good at acquiring profits at all except of course for other purposes like keeping in stable price.

In possible case, new investors might be confused and mistakenly invest in stable coins.
Totally right! We use stable coin to store our capital when the market is too volatile. I don't think there is anyone actually invest in stable coin with the hope of earning profits. The name of it presents everything - "stablecoin". It is created to keep its value as stablest as possible to provide people a way to convert their investment.
sr. member
Activity: 1330
Merit: 326
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.

As far as I know stablecoins can actually save us from massive and sudden sideways. Converting our coins into stablecoins will benefit us for volatile market. It is obviously called "stablecoins" because the price is stable and steady.  I do not think it can be good at acquiring profits at all except of course for other purposes like keeping in stable price.

In possible case, new investors might be confused and mistakenly invest in stable coins.
full member
Activity: 1232
Merit: 186
Honestly, I never trusted these stablecoin, why should I hold them when I can just hold a real USD instead.  In an exchange where fiat cash is supported, why do we have to use stablecoin when there is no profit on it?  I see, people tend to ride the trend and stablecoin were the trend back then.  Just for bragging I think
I don't also see a significant essence why some investors keep on investing in stablecoins (particularly Tether). Maybe they only want to embrace a new technology however I'm not aware of its real applications either hmm. Well, maybe you are right, they used it to look more techie and advanced than those who only used fiat Grin.

I would rather choose to put my money in the bank tjan investing on such thing. At least I can get interest there lol.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
As easy as it sounds, it is not rocket science to understand the simple concept behind creating the stablecoins. There is no need to withdraw the fiat after making a profit in trading and vice versa. The problem is the real value behind the new stable coins, Tether is not reliable after the many accusations against Bitfinex's random BTC pumps.

Also last year, Tether admitted that at one point they are not totally backed by USD. So do you think they are telling the absolute truth about their assets? And also, the same with other stable coins? Stablecoins are supposed to have stable price and are pegged to certain fiat currency. So there's really no way you can get good profit out of it. But instead you just pray that when you exchange it back to your fiat, you will have no big losses.

Honestly, I never trusted these stablecoin, why should I hold them when I can just hold a real USD instead.  In an exchange where fiat cash is supported, why do we have to use stablecoin when there is no profit on it?  I see, people tend to ride the trend and stablecoin were the trend back then.  Just for bragging I think, and other falls for the belief of reassuring our crypto's value by converting it to stablecoin once the crypto market is unstable little that they know that once the crypto market is unstable, this stablecoin will also be affected, check its previous history.  In short stablecoins are just agendas' without profit to those who believe in it. Grin
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
As easy as it sounds, it is not rocket science to understand the simple concept behind creating the stablecoins. There is no need to withdraw the fiat after making a profit in trading and vice versa. The problem is the real value behind the new stable coins, Tether is not reliable after the many accusations against Bitfinex's random BTC pumps.

Also last year, Tether admitted that at one point they are not totally backed by USD. So do you think they are telling the absolute truth about their assets? And also, the same with other stable coins? Stablecoins are supposed to have stable price and are pegged to certain fiat currency. So there's really no way you can get good profit out of it. But instead you just pray that when you exchange it back to your fiat, you will have no big losses.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
As easy as it sounds, it is not rocket science to understand the simple concept behind creating the stablecoins. There is no need to withdraw the fiat after making a profit in trading and vice versa. The problem is the real value behind the new stable coins, Tether is not reliable after the many accusations against Bitfinex's random BTC pumps.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
I can say it is laughable to think that someone will invest in a stablecoin because as we know, it is stable and tends its purpose is to keep it not to fluctuate so there is a little to no means of gaining from it if we invest our money on it.  But what if a stablecoin is a POS coin, are you willing to invest in it?  Oh well, I will be the first one to admit that I am very interested in investing in it if the stablecoin is  staking.

Some not so obvious stablecoins are not very stable and that's why you don't know that they are actually making an effort to stabilize it.

Sorry, I don't pay attention on some unknown stablecoins created only to money grab, and yes they are not very stable because developer or project owner cannot support the promised value of that stable coin because in reality, this kind of developers have no money to fund the value of the said stablecoins they created.  All they have are just idea and air but no actual money in their pocket.  



I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.

I think you are getting it the wrong way.  Stablecoins are token or coins that have an absolute value or fixed assigned value(thought it is really not that absolute because they tend to fluctuate a little). It is not dependent on its supply but rather on the fix value the developer wanted it to have.

Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins may be pegged to a currency like the U.S. dollar or to a commodity's price such as gold.


member
Activity: 690
Merit: 12
There are consequences for every action
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.

The truth is that, why would you focus on stable coins as a genuine spot for investment? My first question is that, why do you use a stable coin? A straight forward answer to that and you have an understanding of what stable coins are. Stable coins are not meant to grant you an return on investment; it is to give you a reassurances that your funds won't witness dip or pump.
member
Activity: 70
Merit: 15
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.
Are newbies this stupid not to know the difference between a stable coin and a volatile coin? Have you ever seen people investing in stable coins to make gains? This is impossible, people buy stable coins to store $$$, most times traders use stable coins to take advantage of the market when dumps happens, I do the same too

It's not only newbies. I think many projects aren't announcing that they are making an effort to stabilize the price. For them it's like a bug that they are trying to fix, but traders love it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Based on my little understanding of stable coin, it is meant for stability. It is most useful in the time of the bear market. Most times in order to minimize our loss, we can trade our portfolio for stable coin and then convert back to token when price start going up. we can also put our assets in stable coin if we don't want to trade it for fiat yet.

If you want to keep your money value, you can use a stable coin to prevent the down of the price. If the coin is down, you can buy back the coin using the stable coin. The stable coin can prevent or minimize the loss, but if you don't use the stable coin to trade, you will not have a chance to increase the amount of the stable coin. The ROI will not too big as we know that the stable coin will not increase or decrease too high or low.
member
Activity: 574
Merit: 18
Making Smart Money Work
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.
Are newbies this stupid not to know the difference between a stable coin and a volatile coin? Have you ever seen people investing in stable coins to make gains? This is impossible, people buy stable coins to store $$$, most times traders use stable coins to take advantage of the market when dumps happens, I do the same too
full member
Activity: 1498
Merit: 146
Stable coin means the value is getting depreciating due to inflation so if someone holding stable coin makes no sense.And stable coins are created to make payments via blockchain network with the current fiat based value so its centralized and created for making payments so yes there is no ROI.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
Im not invest in stablecoin, but i buy stablecoin, like you say, stablecoin for secure profit also stop loss. I buy it also for stategy to making profits.
But if talk about investment, especially long term investment, like OP say "There is no ROI if invest in stablecoin"
full member
Activity: 527
Merit: 113
Based on my little understanding of stable coin, it is meant for stability. It is most useful in the time of the bear market. Most times in order to minimize our loss, we can trade our portfolio for stable coin and then convert back to token when price start going up. we can also put our assets in stable coin if we don't want to trade it for fiat yet.
Thats thr strategy, but also I am wondering what else its purpose aside from being a stable safe haven when you want to keep your liquidity for quite sometime. This is what others do, if they dump their coins such as btc or eth, they will sell it for stablecoin and wait again to buy some cheap one. But its actual use case only for that purpose? Any other usefulness suggestiom for stablecoin? Does some stablecoin can be stake?
legendary
Activity: 2030
Merit: 1189
Plenty of people trade stablecoins, so it's actually quite possible to turn a profit while simply holding stable assets.

A variety of DeFi protocols offer between 5-18% APR for providing liquidity or collateral-backed loans with stablecoins, while traders are able to capitalize on the small fluctuations that occur in the true USD value of stablecoins as a result of day-to-day changes in demand.

Plus, you'll sometimes get an opportunity to buy stablecoins like Tether or TrueUSD discounted during waves of FUD, where morons sell their dollar-backed assets for less than $1. USDT has gone down to as low as $0.92 before if I recall—excellent opportunity to get some practically guaranteed profits.
hero member
Activity: 2268
Merit: 588
You own the pen
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.

Stable coins are not for investment, they're just for back up with US dollar or any other national currencies. You can always use it when you are afraid of a sudden decrease in the price of the BTC or any other cryptocurrencies in the market. because once you convert it to stable coins, no matter what the result of the price of the other cryptocurrencies might be, it won't affect it at all.
hero member
Activity: 881
Merit: 500
CyberTrade
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.
No one invest in stablecoins now a days as you already mentioned that the price will always remain the same so whot would be the benefit of investing in stable coins. Although in the starting days of introduction of stablecoins the market wasn't the same, I have seen the USDT price fall and rise more than 3% from its pegged price, but that was in the days when this stable coin idea was comparatively new but now people are confident in putting their money in stable coins but not for investment purposes, only for a small amount of time for parking their money in unpredictable market conditions and when the storm passes or when they think it is the right time, then they buy back their investments.
full member
Activity: 2520
Merit: 204
OrangeFren.com
I use stablecoins to hold my investments there when the cryptocurrency market drops very much and it is precisely at such moments that stablecoins like tether save me and then when the cryptocurrency market begins to grow I withdraw all my investments from stablecoins.
The usage that you do is very precise, because the stablecoin token is very suitable to be used to save assets that are already in crypto when the market is in bad condition, all this is more to the way someone uses it and uses it in a more profitable direction.
It was, a good place to convert your assets to avoid the dumping season, stablecoins serves it's purpose
to allow traders to keep their investment as safe as possible.

Those who understand how things works also use this coin for there advantages as they can quickly
convert between if benefits is calling them.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
The term ROI doesnt look to apply to stable coin but there are case that we could see 9% price pump but this prices are expected to be temporal. Investors could be advised to store coin for a while and gain some new coin when some fund are added into the project. Most times stable coins are expected to have a fiat backup for the coin but in most cases they always have fewer amount in ban than the circulating coin which makes it easy for them to acquire more fund as they trade.
legendary
Activity: 3052
Merit: 1188
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
Honestly I could not get what exactly OP is referring to. It name itself implies about stable then from where we can get "returns"? I guess people are getting misguided by coinmarketcap ranking. Because, coinmarketcap is their Bible and anything at top rank is being wrong interpreted as a safe-heaven opportunity for big ROI. This is the reason why people could not differentiate stable coins from rest of coins and still talking about ROI against stablecoins.

For trading it would be good but for investing its a big NO NO. You cannot be rich with stablecoins.
You can be rich if you buy and hold stablecoins in the downmarkets. For example, if you hold 1 BTC by the times of late November 2017 and selling it for 19,500 USDT and then you buy back bitcoins by the time of December 2018 for all 19500 USDT but BTC price by end of 2018 was less than $4,000. So, you will get 4+ BTC. Now you would have been richer by 4 times.

No volatility and all of the value will be stable, people will not do pump and dump
Only USD vale is stable but if you check stablecoin's BTC value will fluctuate along with BTC value so, it can be dumped and pumped against BTC. This kind of manipulations are happening on derived exchanges in more number compared to spot exchanges. So, we usually do not notice them.
hero member
Activity: 1372
Merit: 503
I dont think you can earn if you hold stablecoin for long term and everybody knows this. But with the exemption of lending products on some stablecoin maybe you could benefit a lot but thats not high profit, Id rather invest on altcoins that are good than holding stablecoins.

For trading it would be good but for investing its a big NO NO. You cannot be rich with stablecoins.
member
Activity: 70
Merit: 15
I use stablecoins to hold my investments there when the cryptocurrency market drops very much and it is precisely at such moments that stablecoins like tether save me and then when the cryptocurrency market begins to grow I withdraw all my investments from stablecoins.

Yes a stablecoin can be a good store of value and safe haven against an uncertain market specially if it's a gold pegged stablecoin, for the same reason that people don't store value in the dollar, you should not store value in a dollar pegged stablecoin, because they have most rapid inflation and there is only loss and no ROI whatsoever.
newbie
Activity: 105
Merit: 0
But tbh stablecoins are useful in some cases
member
Activity: 1764
Merit: 10
I use stablecoins to hold my investments there when the cryptocurrency market drops very much and it is precisely at such moments that stablecoins like tether save me and then when the cryptocurrency market begins to grow I withdraw all my investments from stablecoins.
member
Activity: 434
Merit: 19
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.
Even if a crypto newbie mistakenly buy stablecoin to hold he or she will figure it out within days or week because price will remain the same, it's very easy to know the difference between stablecoin and non stable coins, I haven't seen anyone making such mistake before
member
Activity: 70
Merit: 15
I don't think anyone has a stablecoin for the long term. they only use stablecoin according to their function. so no one cares about ROI. Stablecoin is sometimes used by someone to make it easier for them to buy crypto coins in the market, without the need to transfer FIAT. there are also those who use Stablecoin to transfer funds between market crypto

Some people do have them for long term because they don't realize that they are stablecoins, because some of them have not officially announced that they are making an effort to keep the price as stable as possible.
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
Stable coins are been patronized by crypto traders the most, might be whales or other and the best way to avoid volatility is exchanges other coins for stable coins, i don't believe that people will invest in stable coins without knowing that stable coins won't pump or dump in price
full member
Activity: 1204
Merit: 102
I don't think anyone has a stablecoin for the long term. they only use stablecoin according to their function. so no one cares about ROI. Stablecoin is sometimes used by someone to make it easier for them to buy crypto coins in the market, without the need to transfer FIAT. there are also those who use Stablecoin to transfer funds between market crypto
hero member
Activity: 2492
Merit: 542
Stable coins are use to avoid high volatility once an asset fell in unexpected events the solution is to temporarily convert it to stable coin to avoid further losses others convert their fiat money into stable coins for safety purposes. 
sr. member
Activity: 1274
Merit: 252
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.
Stablecoin has a different advantage than volatile coins, they are able to provide more confidence about their investments that will be safe in terms of value by providing a small risk of loss. In this world there are many people who have different goals for an investment, so you have to know that investing is not only chasing profits, there are also those who want a future where there is no risk of lost prices.  And I'm sure there are many different developers, where one side develops a stable coin and the other develops technology and other types of coins. So no need to worry about your thoughts about all coins will become stable, because it is difficult to happen.
hero member
Activity: 3010
Merit: 629
Those who will buy stable coin as an investment might not take their time to gain knowledge first on what crypto is profitable and just buy random coins that seems good. Its not the right coin for holding because the price is not fluctuating.

On the other side some traders are switching to stable coin to avoid further losses and buy back once the value is acceptable to engage again.
member
Activity: 749
Merit: 13
That's the right description about stable coins but it's not that many of them at all. There are actually a few of them that are popular.
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
Probably a newbie that doesn't understand it if he/she buys it, they will think that they have invested on cryptocurrencies.
You are right, sometimes there are few people who have never or lacked research into the coins that they will invest in and think about if they buy at a good price for long-term even though all of that is wrong. There are still many newbie with minimal information about stable coins.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
I look at stable coins more like fiat and they are likely to stick to whatever coin they are tied to it USDT never increase in value price so basically is a dollar in digital token You can sell your tokens and hold the USD equivalent but then you lose any gain the market make and is just Tether
I think you forget about if crypto will be stable coin. I guess what he means related to the when crypto used the dollar as the reserved funds to backed their value and that will remove the volatility.
that means the creation of value in crypto will be based on the fiat money.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
I think there's no dumb investor/s who will invest on a stablecoin besides it's not meant to be a form of investment after all. It was designed to hold out against the market volatility we are experiencing on other crypto assets and besides this coins are backed by reserve and they if you are thinking investing in it that would be good on a declining market.
full member
Activity: 1470
Merit: 103
COMBO 2.0
I look at stable coins more like fiat and they are likely to stick to whatever coin they are tied to it USDT never increase in value price so basically is a dollar in digital token You can sell your tokens and hold the USD equivalent but then you lose any gain the market make and is just Tether
sr. member
Activity: 2828
Merit: 344
win lambo...
Stablecoins are only for those who preferred for long-term holding for the safe keep but this will never work if you are in trading but rather to choose more volatile coins. What thing different in this why traders would like to choose BTC for trade, not those Stablecoins is that because of profit and unlikely to see Stablecoins can't have more than in a volatile one.
But you can't just expect that Stablecoins will most likely be stable all the time, they can also be volatile but not like what other coins have. Practically, volatile coins give more profit at its possible but the risk of losing is high that Stablecoins.
member
Activity: 70
Merit: 15
I can say it is laughable to think that someone will invest in a stablecoin because as we know, it is stable and tends its purpose is to keep it not to fluctuate so there is a little to no means of gaining from it if we invest our money on it.  But what if a stablecoin is a POS coin, are you willing to invest in it?  Oh well, I will be the first one to admit that I am very interested in investing in it if the stablecoin is  staking.

Some not so obvious stablecoins are not very stable and that's why you don't know that they are actually making an effort to stabilize it.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
It caused by the price of stable coin will be backed by the fiat money or commodities and there will be no pump and dump as the price totally depends on the collateral that is being used to backed the crypto.
No volatility and all of the value will be stable, people will not do pump and dump
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
I can say it is laughable to think that someone will invest in a stablecoin because as we know, it is stable and tends its purpose is to keep it not to fluctuate so there is a little to no means of gaining from it if we invest our money on it.  But what if a stablecoin is a POS coin, are you willing to invest in it?  Oh well, I will be the first one to admit that I am very interested in investing in it if the stablecoin is  staking.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
I think an act is called an investment when there is a profit or ROI to get from it, having this at the back of our minds we will understand that one can't actually invest in stablecoins because there is nothing to gain from it, that is no ROI. Stablecoins unlike other coins are just used mostly to fix or hold funds from dropping in value or price since they are designed to be stable in price. People should understand there is no profit associated with stablecoins and as such I don't think it's wise holding for a long time.
member
Activity: 70
Merit: 15
Stablecoin is designed as a stable currency so that people can anchor their assets before price storms rather than making a profit. In fact, sometimes USDT is a bit more or less than $ 1 if it is traded directly, but this rarely happens so people do not consider stablecoin as an investment channel.

There are different stablecoins for different purposes. No stablecoin is perfectly stable. They are pegged to some other stable asset but because of latency or something they are not always of identical value. Other stablecoins stabilize their own rate, so they are even less stable. They are considered stablecoins because of their effort to keep the price stable.
hero member
Activity: 1249
Merit: 506
Stablecoin is designed as a stable currency so that people can anchor their assets before price storms rather than making a profit. In fact, sometimes USDT is a bit more or less than $ 1 if it is traded directly, but this rarely happens so people do not consider stablecoin as an investment channel.
sr. member
Activity: 2170
Merit: 254
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.

I don't invest in it and will never do it, but these stable coins are becoming a hype. It keeps getting more popular and while it may have some use, I don't see an added value in these stable coins.
hero member
Activity: 2338
Merit: 757
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes.
It's a strange funny, but i personally knew few people who thought to be investors by bying USD tether thinking that it will rise in price.  Cheesy But that was because they didn't know what a stable coin is.
With op, i think it's a useless information as no one would invest in something with a stable fixed price unless he puts a large amount of money and play with the centimes above/below the one dollar rate. It would be a lost of time too.
member
Activity: 70
Merit: 15
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable.
What is the purpose of this post OP? I have never seen people investing on stablecoins hoping to make big ROI back because it's not possible, even a crypto newbie knows the difference, the easiest coin to understand is stable coins

You don't really see people invest because they usually do it in the privacy of their homes. I'm not talking about the obvious stable coins like Tether and USDC. I'm talking about the less obvious that have not announced that they are actually stablecoins. ROI means Return of Investment when you buy assets and hold them until they first pay themselves and then start to give you actual profit. That's ROI
newbie
Activity: 44
Merit: 0
Yes, it is bad for someone who wants to keep them for long periods, but it is not bad for someone who wants to trade or speculate in a day or two.
I invested in some of these currencies and got about 3% profit every three days, sometimes lost but not a bad investment.
Yes, it is bad for anyone who wants to think it looks like Bitcoin.
ROI mean how you trade and not your investment
member
Activity: 301
Merit: 13
$CYBERCASH METAVERSE
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable.
What is the purpose of this post OP? I have never seen people investing on stablecoins hoping to make big ROI back because it's not possible, even a crypto newbie knows the difference, the easiest coin to understand is stable coins
member
Activity: 70
Merit: 15
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable.
This is not necessarily true. I can still make a lot of money by trading with USDT on big exchanges. maybe even earn more than 16% in just 2 days. when bitcoin drops, USDT is very valuable because at that time everyone wanted to buy USDT to buy lots of bitcoins to hold. then we can speculate and make a lot of money in a small moment and without risk.

It's 100% correct and true because trading profit is not the same thing as Return of Investment (ROI). If you read again, you may find that the topic is about ROI.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable.
This is not necessarily true. I can still make a lot of money by trading with USDT on big exchanges. maybe even earn more than 16% in just 2 days. when bitcoin drops, USDT is very valuable because at that time everyone wanted to buy USDT to buy lots of bitcoins to hold. then we can speculate and make a lot of money in a small moment and without risk.
member
Activity: 70
Merit: 15
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable.
Most likely stablecoins are backed by a stable asset like fiat what you are referring to are crypto coins that are stable in value always, well, can you give examples of such live coins because i do not recall any such coin.

I think at this point is still a matter of opinion and dispute which exact coins are stablecoins. Time will of course tell for sure. Of course Tether, USDC are among the dollar pegged stablecoins. Then there are many gold and silver pegged coins that are also considered stablecoins.
member
Activity: 70
Merit: 15
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.

The use of stablecoins is the same as with any currency. They are meant to be used in e-commerce, not hodled for gains.
member
Activity: 1022
Merit: 20
RiveMont
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable.
Most likely stablecoins are backed by a stable asset like fiat what you are referring to are crypto coins that are stable in value always, well, can you give examples of such live coins because i do not recall any such coin.
sr. member
Activity: 750
Merit: 258
No one would ever invest their money in a stable coin. Crytocurrency itself is always described as the most volatile asset in 21st and therefore, people can easily gain a lot of money by investing their money in digital coin. People would rather put their money in the bank than a stable coin. Or they can even buy some gold which is the most valuable asset in the world and it has been on this earth for many years.

What a silly statement you have here
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable.
Stable coins claims that they are here to be an alternative for fiat currency, probably they are just perfect alternative to the current system but with any major change other than the mode of transaction.But decentralized cryptos are here to bring some evolution on the financial structure of the world like we are going to spend money on anything with our freedom which involves no third party and any kind of intruders.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
Investing in a stable coin? We don't need stable coins for investing, that is why the stable coin is stable. We invest in any coin, which will be profitable or on the contrary and we will make profit from this investment. But about stable coins, as you above said we need stable coins for saving our losses.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
That's the right description about stable coins but it's not that many of them at all. There are actually a few of them that are popular.
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
Probably a newbie that doesn't understand it if he/she buys it, they will think that they have invested on cryptocurrencies.
sr. member
Activity: 1372
Merit: 322
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
member
Activity: 70
Merit: 15
I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.
Jump to: