Post
Topic
Board Altcoin Discussion
Re: What is your opinion on stable coins?
by
Ludmilla_rose1995
on 21/04/2020, 14:49:00 UTC

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!
For me, stable coins are not to be invested or are not coins to make a profit. Stable coins can only store the value of an asset when there is a cause that can decrease the value of an asset.
for example, if you save bitcoin, you will lose value when their prices drop. But it's different from tether which doesn't have volatility.