Topic: Usefulness of stablecoin - page 2. (Read 389 times)
It's good to have some stable coin just in case, but OP is not different from having Fiats who can use to invest in crypto, no difference, if Bitcoin goes down to unpredictable price it's a good time to buy, either with stable coin or Fiat they serve same purpose
Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
Yeah holding stable coin is a good idea, even if their prices decrease it doesn't beyond reasonable or acceptable one. This is what investors make use of most of the times. They hold stable coins, wait for the bearish market and buy a lot of coins with those stable coins.
For day trading stable coin is the right choice, what OP is trying to say is the time will always come for stable coin, buying back when time is down with stable coins will earn you double or even triple of more coins
I thought that he meant about the usefulness of stable coin to be a safe place to secure our money from the bearish market and then try to take the bearish market as an entry point to generate a lot of profit instantly. he wanna say that to us but he forget if the bounce after the bearish market can't be predicted easily.
People are still betting on it.
Stable coins are a huge help when it comes to safely convert your BTC to it. because as you can see when a Bull run comes, there will be huge traffic in the crypto market. that will make your transactions pending in a long time. this has happened before so we need to take an initiative on how we can counter such scenario and this will be when stable coins became a huge help for us because we will no longer need to convert out coins into fiat rather convert it first into stable coins and later on convert into fiat when the crowds are gone.
Stablecoin is one of the best things that have ever happened to crypto sphere. Stablecoin has saved so many faces during bear. Many of us have been able to cut our loss by converting our coins to stablecoins. Every smart crypto enthusiasts will know that Stablecoin is the real deal.
Stablecoin is more like a reserved fuel. that fuel you use to restoring the strength of your portfolio. It has both its advantages and disadvantages. It will not be advisable to make all your reserve as Stablecoin, because that is not the mindset of an investor. Whether the market is down or not, you should always take advantage of every moment.
If the market is dumping, you right not be able to tell the extent to which it will fall. Just buy when you see a good dip and reserve some. If it dips again, by ore and reserve and do that continuously. Although, this will be more effective for bitcoin and when any of the stages of buyer pump above the buying price, you can now start selling.
If the market is dumping, you right not be able to tell the extent to which it will fall. Just buy when you see a good dip and reserve some. If it dips again, by ore and reserve and do that continuously. Although, this will be more effective for bitcoin and when any of the stages of buyer pump above the buying price, you can now start selling.
Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
But how do you find out there is huge dump is coming to the market? You will convert into stable coins when it reaches certain price or you are doing it in random process or just go with your own analysis? 
Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
stablecoin doing a great role if Bitcoin down about $ 3500 for stablecoin it will rise as stablecoin usdt and USDC coin is almost as if the same. Bitcoin around $ 10k price will drop dramatically only stablecoin I experienced this when I bought stablecoin when the price of Bitcoin $ 9k- $ 10k to this day I still hold around 500 usdt. usdt with a price reduction of around 1% to the USD exchange rate. Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
The fact that you might get lucky holding stablecoins and the market dumps hugely, and then you buy coins cheap doesn't make you the best crypto trader. I agree with you that it's good to have a part of your portfolio in stablecoins, which I've been doing but at a point I feel the market is leaving me behind, then I enter BTC or ETH to ride the uptrend. This happened to me last week. Its never easy to just hold stablecoins, well a nice strategy 👌
For day trading stable coin is the right choice, what OP is trying to say is the time will always come for stable coin, buying back when time is down with stable coins will earn you double or even triple of more coins
Don't know, stablecoin sure is great to flip between it and bitcoin when there is a dip but 'brah, money printer goes'. Honestly, stablecoin has a risk too so we will never know it crashing down. Also, you either a veteran trader with good sense of timing or a seer to actually know when to buy, when to sell and at what price. That takes a lot of effort and not easy as you said.
Stable coins are good only for that, to flip between with some crypto and stable coins when the market is going down. In the dip, you spend all stable coins for some cryptocurrency and you got yourself more coins. I do that after days of the green market, it happens often after greed weeks to come red days, sell in the peak of the green and buyback when it's red.
Most of us here make use of the stablecoins because of market volatility when has been the major problem around some major cryptocurrency. As a trader I will speak my point of view from this regard: while trading on an unpredictable situations, its demand you should always take your profit on stablecoins, with this method you will be rest assured that your profit are save than putting them up in volatile coins. Always, during the bear market, I used to move my coins to stablecoins to avoid huge lose in the process. Although, I won't encourage any to use USDT for huge amount because of their reputation among it community.
Don't know, stablecoin sure is great to flip between it and bitcoin when there is a dip but 'brah, money printer goes' meme. Honestly, stablecoin has a risk too so we will never know when it crashing down. Also, you either a veteran trader with good sense of timing or a seer to actually know when to buy, when to sell and at what price. That takes a lot of effort and skill, not easy as you said.
Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
There is sense in your statements, but how many people just hold stablecoins when they are aware it won't benefit them if there is an uptrend in the market. I actually picked something from this post and I'll start keeping reserve USDT just in case there is a significant market downtrend to key in. I trade on USDT pairs but its hard to just hold usdt or other stablecoins. I always have open orders on my stablecoin pairs (to buy or sell).
Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
I don't know if you understand the word "volatility" which means there is a fluctuation of the coins which is a good opportunity if you know how to ride on it. Stable coins are good when the market shows drastically down, diverting your high volatile assets into the stable coins is the best option if you see market in red colors.You will never gain profit on stable coins because it is a dollar base and stable price. It is means the value is stable.
Did you know that, Proving That Tether Manipulated Bitcoin 2017 Bull Run Won’t Be Easy.
Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
I feel confused with your OP "Holding Stablecoin is the best strategy ever in crypto space" what do you mean about it? Are you holding a Stablecoin just to wait another bearish moment to buy Bitcoin? I think it was not the best strategy mate, your money will be idle and unproductive for a long period because if you hold a Stablecoin in a long period the price still the same, so it has no returns. Why just use it to buy and sell cryptocurrency and after you have done convert it again back to Stablecoin, in that case, you can earn. But that was only my suggestion. 
I think by holding a stable coin, you can buy any coin even bitcoin when the price is down. You will get much amount of the coin, so you can sell when the price increase later. Hold stable coins at the bear market will give you benefits because you don't have to afraid of the decreasing of the money value so you can buy the coin at a low price.
Holding stablecoins is good but I don't think it is the best strategy. My reason is, it is good to hold stablecoins during bear market but what about during bull market or bull run, which is now the best? Stablecoins or coins like BTC, ETH and so on? I believe the answer is clear enough. I would say, the usefulness of stablecoins is during trading (which some people still finds other pairs good enough) and during bear markets and it ends there; when one wants to hold for long term, then BTC is the best.
Holding stablecoin is the best strategy ever in crypto space, remember when Bitcoin drowned to 3500$? This is an example of good times to make good use of your usdt or other stable coins, you want to double your coins easily? Learn to hold stablecoin and wait for the right moment, that's bear market, bear market isn't always bad, it's most time a golden moment for those who hold stable coins.
Holding stablecoins is never the best solution, it is more or less a perfect strategy during specific times in profit.
Stable coin. Helps you to exit bitcoin or etherum quickly enough before a dump, and likewise makes it easy for you to get in and buy the dump too.
It is not an investment threshold but an escape route
You say as it's very easy but it is not. Problem here is how we know Bitcoin will stop decrease at 3500, then bounce up. Would you take the decision to buy at that price that time? When Bitcoin was around 3500 most people scare and afraid that it will continue go down.
Haha so true. The whole issue for an average crypto user who doesn't know how to study charts is when the bull and bear will dominate. Sometimes bear cycles go on for so long that you lose hope of your coins appreciating again. Like it is really difficult to imagine Bitcoin shooting up to 20,000 and beyond right now. Jump to: