I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
Gemini USD is a stable coin, buying it is just like you’re still holding dollars because it’s still going to be that same dollar amount you have invested and nothing is going to change. And that’s the same thing with Tether. I have know Tether for long now and it’s the first, they are just stablecoins and are being used by traders to save their value and nothing more.
You can’t invest in these two and expecting profit with time as you would do when you invest in Bitcoin. Even if you see a coin that seems to be stable, it’s just happens for a while and before you know it they will burst. Bitcoin has also been stable recently around $10,000.