Hello Crypto friends!
Recently i have known about tether and also facebook libra.
Is those worth investments or waste investments.......?
Because if facebook libra is stable coin then it is wrong investment choice because many crypto investors look for profit coins i mean unlike stable coins they will like coins which get profits.
In my opinion stable coins are bad to invest.
But facebook will change their decision regarding the libra stable coin or the libra coin will also like another tether.
Thanks!
In the first place, when talking about investments you were not supposed to even think about stable coins, unless you want to use them for lending purpose like the one done on Binance exchange with BUSD. Talking about LIBRA, if and only if it will launch, only institutional investors will be allowed to invest before launch, after launch the purpose won't be for investment anymore but utilization for transactions. Buying USDT or any other stable coin to hold as investment doesn't make any sense ofcourse, I actually laughed when OP asked if stable coins are worth investing in. 😂