Hello,
I have never really used stablecoins so far, my question simple:
Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.
Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)
It is very rare to find a stable coin these days but if you've seen USDT as stable, you should stick on it and do not be stumbled by seeing it fall down a bit. Just by simply looking at their market cap and by posted by some, Tether USDT is at the top. It can already be seen as a sign that it is the most recommended stablecoin as of now. Just always be mindful and always monitor the changes occuring at the coin to know if you should stay or not anymore.
I dont think that there is a stable coin because as far as I know cryptocurrency is volatile in terms of price and we all know that, because in every transaction there are some changes in price. Just think of it every minute, every second there is transaction happening twenty-four hours in seven days. Maybe it is dumping or pumping, and trading is famous in this case because whenever the price is dumping they should have courage to hold it until the price comes back to its high price and also they should have patience because just like what happened from 2017 until now, the price is not recovering yet just like what happened in that year.