We are saving for a house down payment of 40K. I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months. Is a stable coin the best option? Thoughts?
Stable coins are priced at US Dollars and I think there is no point in investing in stable coins, it's better to keep them in the bank. I think it's too risky to use a down payment on a house to invest in crypto because crypto is high risk. No one can guarantee the price of crypto will rise after 6 months because it could be that the crypto we invest in prices will fall dramatically. It's better to use idle money to invest so that we are more calm and relaxed because crypto price movements are very high