Post
Topic
Board Altcoin Discussion
Re: How to store 1 Million $ to Stable coin
by
doomloop
on 08/10/2021, 18:23:25 UTC
Have a plan to sell some of my crypto, Now I can store with USDT, USDC, DAI, BUT There are serious question:
Both USDT and USDC can blacklist any address without any reason, So I dont think this is safe way to store 1 Million $ on them.
USDT is big nowdays So what If SEC Sue USDT? in that case maybe USDT lose Value.
DAI, I think DAI is not safe Can lose value 1 day.
Stable coins are not really my thing, but DAI is a really good cryptocurrency to invest in so if I’m going to be recommending any cryptocurrency to you I am going to say that you should go for that DAI, and not USDT. And another reason why I’m not going to recommend USDT to you is because there has been so many complaints about it having some kind of issues, so DAI is a better choice to go with.

Or you can go for fully decentralized cryptocurrencies like Ethereum, although you are not going to like it, because it is not stable, but you can know for sure that the value can increase over the years.