Post
Topic
Board Altcoin Discussion
Re: What is your opinion on stable coins?
by
ije07
on 19/06/2020, 17:30:52 UTC
Totally agree! Stable coins were created for store-of-value purposes. When people need a place to keep their capital away from the volatiles of the market. Stable coins don't have a lot of things to do with profit-earning transactions since their value doesn't fluctuate too frequently and dramatically. I think stable coins are the important factors of the market where we can store our money without worrying about losing value. 
Very true, I agree with what you say, because as many people already know, stable coins are very suitable in terms of preserving the value of one's assets and for storing temporary assets in the market before being used for other things such as trading.
Stable coins can be categorized as coins that can maintain the value of your investment. as we have seen that stable coin movements are only significant at fixed prices and this will not make you lose the investment value. on the other hand stable coins are often used for trading because they can maintain their value too.