Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
flarenial
on 09/09/2019, 12:20:46 UTC
Quote from: cryptomia62 on September 08, 2019, 04:58:07 PM
Quote from: caribbean_dream on September 08, 2019, 03:51:15 PM
Quote from: Nasbacyar on September 08, 2019, 02:14:08 PM
Quote from: AltcoinsBattle on September 08, 2019, 01:35:52 PM
There are countries in the world where the main currency is the USD. That is, the national currency exists nominally. Using cryptocurrency as the main currency is unrealistic so far. Volatility is sometimes too high.

Well, not all cryptocurrencies are subject to great volatility, for example, the price of USDT changes but not very much. Such a cryptocurrency can be used in such countries.

USDT is a stable coin. The price of USDT depends not from market conditions, it depends from the price of USD.

The price of cryptocurrency is very volatility and it depends a lot from the market conditions. That is why stablecoins are so popular.
Buying such coins, of course, you will not lose your money but you won’t earn much either. This is a good option to wait out another crisis in the market.