Post
Topic
Board Altcoin Discussion
Re: DO WE REALLY NEED MORE STABLE COINS?
by
DoublerHunter
on 26/03/2019, 05:48:25 UTC
why do we need more stable coin? at the first place cryptocurrency known because of its volatility. most of the investor invest because of it.
yes that's true that investors always looking for a coin that so volatile which is in order to make a profits and to double their capital. So definitely we don't really need a stable coin in the market because it's useless and it can't help us to become profitable and we can't even make a cents on it.  
We still need stable coin like USDT, you know why? Because for example, bitcoin went down and of course altcoins swinging their price too because of bitcoin movement. Then at that time, you can divert into USDT from bitcoin to cut your possible looses which USDT is stable and it can help you when you are in trading.