Post
Topic
Board Altcoin Discussion
Re: Will Stablecoins have a future?
by
EdenHazard
on 08/04/2019, 17:33:12 UTC
~snip~
For me not, just for investors who has knowledgeable to cryptocurrency they will ignore to invest in stable coin. For them stable coin just for short term trading not use for long term investment, they will choose stock who has had a permission from the government because that place is really safe rather than cryptocurrency especially stable coin. I used stable coin just for short term trading when the price bitcoin meet increasing price, as you know if the price bitcoin fall then many investor or trader will move they money into stable coin like USDT. I guess your question mean is just for the profit that will get by investor for long term investment so I have an answer no, the stable coin will not give a huge profit although we use it for long term investment.