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.
Every crypto will be volitile. Stablecoins are risky because you can lose everything. If you are afraid of volitility than crypto is just not for you at this point. Risk reward are both very high.
I would agree that stable coins could be risky but not from the volatility side, from the side of they could lie about the amount of USD cash they got for the crypto money in the market, I remember a while ago they accused Tether company that it has printed fake usdt and imported it in bitfinex , it had a bad affection on bitfinex but tether seems like got away with it , I use stable coins to shield myself against volatility and there is no easier way than stable coins, I use USDT and USDC, not low volume coins, in that case, I can sell them in most of the exchanges to any other coins that I wish or just keep them and wait for a good ICO or a farmable coin!