Post
Topic
Board Altcoin Discussion
Re: do we really need stable coin?
by
Fivestar4everMVP
on 29/01/2021, 21:18:09 UTC
think if we should look back in 4 years back in cryptocurrency industry, crypto do very well to be stable in the price value, but is very difficult this days to see crypto that's actually valueable, not until we started seen stable coins in the crypto market but there's no change in the value, Do you think we need stable coins?
Absolutely yes for me, stable coins coming into the crypto market has done alot of good I must say, most especially for traders who might in one way or the other in some situations decide to protect the usd value of their bitcoin or Ethereum from falling or dropping due to price fluctuations, in times like this, stable coins comes in handy cus all you have to do is convert your bitcoins or Ethereum to a stable and convert back to bitcoin or Ethereum when you feel most comfortable with the market condition.