Post
Topic
Board Altcoin Discussion
Re: How to make profit by buying stablecoins
by
o_e_l_e_o
on 27/10/2018, 09:24:58 UTC
May be its not a smart question to ask but I need to know how to people profit from buying sablecoins?

The way to make profit from stablecoins is to change from BTC to your chosen stablecoin when the BTC price is high, and then change back from stablecoin to BTC when the BTC price has fallen, thereby increasing your BTC holdings (although your holdings in terms of fiat won't have changed, until BTC price rises again).

Either that or figure out some way to short Tether in the next few months before it completely collapses.