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Topic: Which Stable coin is the Best for Investment This Year - page 6. (Read 1207 times)

sr. member
Activity: 2436
Merit: 272
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Every stable coin is still the same because it has got stable value and I don't know how can you make profits from buying and holding a stable coin, if you think the lending schemes will work then keep in mind the inflation rate which is going to hike especially in the coming years due to covid crisis.
full member
Activity: 823
Merit: 104
USDT is the best option for you to stay in this market, but it is not suitable for long term investment in it. Its value will never change so you will be wasting your time holding it
copper member
Activity: 350
Merit: 1
It's a known fact that cryptocurrency is highly volatile, so to prevent capital loss we use stable coin. I don't see stable coin as the right coin for investment purpose because the coin barely fluctuates and this would not be profitable for mere holding, unless the coin would be used as a means for investment in other platforms or for trading in exchange.
copper member
Activity: 1120
Merit: 2
The value of a stable coin does not increase or decrease.Stable coins are used as a medium for other alter coins.Alternative coins can be traded through stable coins as I think.Because the alter coin is always in the pair system with one or the other stable coin.
full member
Activity: 1190
Merit: 108
Stable coin is not for invest, its more like fiat on our daily use like most guys said above, so dont choose it as your saving, if you ask me, ill prefer put in BTC or ethereum as my yearly investment, buy it in the beginning of year, and start sell it on the middle year until end of year. and its work for me atleast 3 years by now.
And dont forget to watch good alts project launched, it may be your bonuses of investment.
hero member
Activity: 2604
Merit: 548
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Stablecoins weren't meant for investment, these coins are the source for trading. These coins doesn't have any usage other than the pairing with different cryptocurrencies on trading. This generates the circulation of the coin and thereby keeps the market value stable.

Maybe for beginners stablecoins can be preferred, because initially if they experience loss out of the investment it'll give a negative view over cryptocurrencies.
legendary
Activity: 1764
Merit: 1410
Some of the coin you had mentioned is stable coin. But some was not a stable coin.
TUSD is a good stablecoin, but bitcoin and Eth was not in your list. Why?
I don't know how you skip the stablist coins, in your list. And with this, people get less profit in this coin. To gain more profit, they should find a potential new coin.

Bitcoin and Ethereum are not stable coins but rather volatile coins whose price changes constantly from time to time, As for stable coins, their price is fixed against the US dollar, meaning that if you invested any of the stable coins, you are in this case keeping your money from the risk of changing its price, such as volatile coins. The stable coin that I prefer over the rest of the stable coins is USDT.
sr. member
Activity: 1848
Merit: 341
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I only keep coins stable when the market is crashing so I am more secure with USDT or other stable coins because it prevents this risk, but to invest I am not sure because there is no big profit even though there is no fixed risk for me bitcoin and other altcoins profitable to invest.
sr. member
Activity: 966
Merit: 260
I think the best stablecoin are those who can offered a significant option to get some profit. If you are a defi fans then you go for those stablecoin that guaranteed profits through lending and some savings featured that generate profits.

I agree with you that among the stable coins out there some are arguably better than others. For instance on some of these coins you can get a healthy return just by holding the coin by means of interest rates which may vary from exchange to exchange.

What I can say at least for USDT is that this interest rate can be ~ 8-12% APR which is not bad considering that you're only trying to hold your money. Far better interest rate than a regular institution though  Roll Eyes
member
Activity: 1008
Merit: 12
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UsdC is very authentic as it is backed by coinbase and company which is regulated and fully compliant with financial rules, regulations and policies of major countries where it operates so naturally it is the top choice for me.
hero member
Activity: 2170
Merit: 553
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Some of the coin you had mentioned is stable coin. But some was not a stable coin.
TUSD is a good stablecoin, but bitcoin and Eth was not in your list. Why?
I don't know how you skip the stablist coins, in your list. And with this, people get less profit in this coin. To gain more profit, they should find a potential new coin.
hero member
Activity: 1540
Merit: 500
I am not really sure about this. Stable coins are generally not for investment purpose but only to use them to invest in other coins. Their growth is stable and there isn't much room for growth so your investment will not grow. I personally think tether is the best stable coin and it has been stable for a long time.
legendary
Activity: 2030
Merit: 1189
Lmao, imagine creating an article about which stablecoin is the best, then straight up admitting that your own coin (titan coin) is inferior to Tether.

People only care about liquidity when it comes to cryptocurrencies, so far, Titan Coin has practically none and is highly unlikely to change any time soon.

Do you really think people are going to wait around for Titan Coin to get listed on their favorite exchanges so they can trade it with the pairs they want?

Realistically, that's not going to happy.

I bet that Titan Coin will be an obscure memory by this time next year, just like most newly released stablecoins with nothing new to offer.
member
Activity: 1204
Merit: 38
Stable coins =  stable value = no volatility = no profits

So you can't consider a stable coin for investment purpose, all you need to do is to find the coins with volatility, more volatility means more risk and more profits while less volatile coins are less risky and also less profits.
full member
Activity: 1189
Merit: 107
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Seriously? Stablecoin for investment?? Stable that's means stable, you know it, right?
$1 today and $1 next year. I think no one choose stablecoin as an investment. We use stablecoin to secure funds if we don't know about market situation, not as investment
full member
Activity: 657
Merit: 102
Stablecoins only help investors secure their capital when the market is volatile, it is not good for you to invest because it will never go up in price and bring you profits.
sr. member
Activity: 1344
Merit: 264
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Stablecoins only help investors secure their capital when the market is volatile, it is not good for you to invest because it will never go up in price and bring you profits.
Actually, it is true that stablecoins are only used to secure capital, but it is possible to invest with stablecoins with savings program and every year we get 5-10% of the total stablecoins we invest, but in my opinion this method is a little useless, especially if you only have a few stablecoins.
How to get that profit? 5-10% a year is a pretty great and stable investment. If someone has a large amount of money and wants to be safe in this market, they can choose this investment.
full member
Activity: 302
Merit: 100
Stablecoins only help investors secure their capital when the market is volatile, it is not good for you to invest because it will never go up in price and bring you profits.
Stable coin is not an investment instrument and it has already made to give the best solution to the volatility problem because there were so many traders and investors who have been getting a lot of problem with the volatility in the market.
hero member
Activity: 1554
Merit: 877
Stablecoins only help investors secure their capital when the market is volatile, it is not good for you to invest because it will never go up in price and bring you profits.
Actually, it is true that stablecoins are only used to secure capital, but it is possible to invest with stablecoins with savings program and every year we get 5-10% of the total stablecoins we invest, but in my opinion this method is a little useless, especially if you only have a few stablecoins.
jr. member
Activity: 480
Merit: 4
Firstly, Investment is any financial commitment that guarantees a proftiable return on investment. I do not see how stablecoins that are peged to specific a fiat would  acts as an investment.I know that stablecoins canbe tied to certain assets too but its depending on those assets to increase in value against a stablecoin and not the stablecoin itself.
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