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?
Stablecoin can't overcome more than 1 dollars. Your 40k USD coin will be 40k after any cryptocurrency situation before bullrun. Before bull market your 40k USD should invest into top coin like Bitcoin. After may Bitcoin halving effect will show pump, how did good last year Litecoin
Speaking of stablecoin, if you going to use your 40k usd as your investment it will still remain at 40k usd after many months. For me, if you going to invest that amount of money and you don't want to lose even single penny maybe try to find a good coins which help you to maintain your capital but can help you to earn income. Yet, it still depend on the situation of the market. We really don't know when will be the bull run started and it's up you if you going to risk that money in Bitcoin and if ever you do it make sure are ready for the consequence because there is only a small chance that after the halving the market will pump.