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Topic: Which Stable coin is the Best for Investment This Year - page 8. (Read 1230 times)

full member
Activity: 271
Merit: 100
Another promotion threat for titan coin. I remember OP has already made a thread about another kind of coins and he was also mentioning titan coin. In this case, what kind of titan coin it is?

Titan coin is the only coin that didn't worth to be watched and I do agree with the rest of coins. .
hero member
Activity: 1232
Merit: 503
I don't know if investing in stable coins is worth it, if the asset value is not gonna increase then what's is the point in investing. I'd rather invest in gold because some of stable coins out there are shady unless the purpose is to preserve the assets value temporarily.
sr. member
Activity: 1183
Merit: 251
The coin is stable, but it is not good for investment because there is no significant increase. this is to temporarily store our assets, maybe it will be effective because prices tend to be stable.
The volatility depends on the fiat market and it will never give instant profit like crypto. It will be wasting a lot of our time to invest in a stable coin. It will never bring us a lot of benefit. I think that reason is more than enough too.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I wonder how we can use the stable coin as the investment as I see the price of stable coin is not up and down much. The stable coin can save you from the down at the crypto market, so you will still have your money at the stable coin, and you can use a stable coin to buy the bitcoin or altcoin when the price is down. The value of the stable coin will not change, and I don't think that stable coin will be a good option for investing.
jr. member
Activity: 48
Merit: 4
The title of this post is inaccurate, because the intention of investing is to sacrifice present wealth in order to gain future profits while Stablecoins have a fixed value both peged with gold and fiat money. And the change in the price of a stable coin depends on the rate of inflation, not by supply and demand, so it is more suitable as crypto deposits or storings. also the title of this post needs to be changed.
full member
Activity: 532
Merit: 114
Not really an investment choice! Because of the market conditions in 2018, many people have found it more lucrative to invest in and exchage stablecoins with cryptocurrency. Therefore they might be a feasible choice for people who choose to wait and watch until market conditions show a clear upward movement. I would suggest USDT!
member
Activity: 334
Merit: 10
It's stupid if you invest in stablecoins in this market, and you won't make any profit from it. I think you should invest in Defi projects because they are very popular in this market. Prices may be increased several times after listing in exchanges
copper member
Activity: 658
Merit: 402
The post of the OP was just a cheap try to create awareness for "his" stable coin Titan Coin.
It really seems this is another thread for promoting his coin which is the Titan Coin. All people who replied here are aware that stable coin is not for investment and no one really thinks that stable coin is good for investment. It's better to invest our money in other cryptocurrencies than putting it in a stable coin. And, for a stable coin, I will prefer to use USDT and BUSD, then we should probably ignore the Titan Coin that OP's promoting. For the best investment for this year, it's better to focus on bitcoin or other strong coins in the market and not on stable coins.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
The coin is stable, but it is not good for investment because there is no significant increase. this is to temporarily store our assets, maybe it will be effective because prices tend to be stable.
member
Activity: 684
Merit: 10
Invest in stablecoins ? hmm OK, but in this case you need to choose the most stable ? but Titan coin doesn't look safe, and neither does the TTNEX exchange.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
Why are you investing in Stablecoin? Its value will never increase so you will never benefit from it, it is better to choose other altcoins to invest. Also I see you mention TTN, which is your project? It has no volume and is not listed in major exchanges, so I quite doubt it
sr. member
Activity: 1722
Merit: 269
The post of the OP was just a cheap try to create awareness for "his" stable coin Titan Coin.
Stable coins are not for investing they exist to have a place where you can put your profits without the need to worry for price volatility.
The only that can happen is that the Stable Coin isn't safe or goes out of business, then all your funds are lost, but i think most big stable coins are safe.
sr. member
Activity: 1442
Merit: 265
I have confidence in most of them but basically these are not for investment please understand this, they are either used to hedge crypto market or yo make payments without fluctuations while staying in crypto so their applications are real and solid and obviously for buying crypto when one thinks it is the best time. Personally my choice of stablecoins is usdc, pax and usdt.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
I don't get what the OP means . The name stable coin says that they are stable with some form of Fiat mostly USD . So you are not getting anything by investing in stable coins.

lol, your post got me cracking Grin, i guess the op is not fully aware about the nature of stable coins or he must misinterpret what he meant, whatever the case maybe, it has been said already, stable coins are not for investment rather they are mostly for preserving what you have, i think op needs to go back and do some more reading or we need to do some more reading. Cheesy

He also includes Titancoin in the list. I'm not really sure how this titan coin to be considered stable since I'm not seeing any token paired to titan at all. But then you must have realise by now that he had been shilling for this project since time.

Stablecoin isn't really for insvest like you said. Its just for hedging the coins in case the prices will dip like what happen during the bear market of 2018. Stablecoin are safe though.
hero member
Activity: 2856
Merit: 667
Stablecoin is just like fiat. You can use them to minimize loss due to market volatility because their prices are relatively not affected that is they have fixed price. Since they do not appreciate considerably I'm wondering how you intend to invest with them except you are considering trade that include pairing them with bitcoin and other crypto. USDT is the most used stablecoin and I will suggest them in this regard

I think that's what OP meant, we are not directly investing in stable coin, but we are investing in fiat. Some people believed on the power of USD, so instead of holding fiat, they just convert and hold it in cryptocurrency where they can easily access and trade it anytime you want.

member
Activity: 238
Merit: 17
Sovryn - Brings DeFi to Bitcoin
OP is just making his post only for Titan coin, I'm even more right if you look at OP username, honestly speaking users having been doing this on this forum strictly for Titan coin only, I will never invest in such coin anyway and I'm surprised you don't know what stable coins are
full member
Activity: 1498
Merit: 129
Stablecoin is just like fiat. You can use them to minimize loss due to market volatility because their prices are relatively not affected that is they have fixed price. Since they do not appreciate considerably I'm wondering how you intend to invest with them except you are considering trade that include pairing them with bitcoin and other crypto. USDT is the most used stablecoin and I will suggest them in this regard
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I didn't know that a stable coin could be an investment. however, a stable coin in value will not increase and will not decrease. however, if in use, I can only suggest using USDT and BUSD because I've used them. however, stable coins are not for long term investment. in fact, it is quite difficult to use in the short term.
full member
Activity: 812
Merit: 142
Stable coins are not for investment. It's like fiat that will eventually goes down through inflation.
They are not investment.
But the clearer thing is you're with Titan coin post.

It does not make much sense though just to build a balanced portfolio some may take 1-2 coins from stable coin and invest just so that they have a wide range of coins covering different startegy which people may be using while making an investment. Else better to go with coins like btc or altcoins which have a much better r potential to give us profits.
hero member
Activity: 1302
Merit: 501
Sovryn - Brings DeFi to Bitcoin
I think stable coins are not very suitable for investing in the long and short term because increases are rare but if I am told to choose a stable coin
I prefer USDT because the USDT pair is always on the market
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