Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: Which Stable coin is the Best for Investment This Year
by
ubay
on 15/08/2020, 18:15:48 UTC
Quote from: Blue_oxen on August 10, 2020, 07:52:43 AM
Quote from: Anonylz on August 10, 2020, 07:42:28 AM
Quote from: Francis Freeman on August 10, 2020, 07:32:50 AM
I don't get what the OP means . The name stable coin says that they are stable with some form of Fiat mostly USD . So you are not getting anything by investing in stable coins.

lol, your post got me cracking Grin, i guess the op is not fully aware about the nature of stable coins or he must misinterpret what he meant, whatever the case maybe, it has been said already, stable coins are not for investment rather they are mostly for preserving what you have, i think op needs to go back and do some more reading or we need to do some more reading. Cheesy
LOL! That's so true guys. I think the OP misunderstand between stable coins and altcoins maybe?? Stable coins such as USDT is created in order to give traders and investors a way to store their values without being affected by the fluctuations and volatility of this market. Therefore, the price of stablecoins is almost "STABLE", it means you can't get any profits out of them! If the OP are asking which coin is worthy to invest right now, I would say ETH!

Yes, you are right, a stable coin means a stable value. You will not get profit if you keep it for a long time.

Maybe the OP wants to remind us to keep assets with a stable value for a long time.