Post
Topic
Board Altcoin Discussion
Re: Help a newbie choose a better stable coin
by
SirLancelot
on 22/05/2022, 07:04:30 UTC
I'm looking forward to store some stable coin for future investment, maybe probably when a harder bearish market takes place to buy coins for lesser price but I can't seem to figure with stable coin can make me have a good night sleep at night with zero worries, USDT? BUSD?
Cryptocurrency is an umbrella term used to describe digital currencies that are built on the blockchain, many cryptocurrencies also have powerful utility functions such as smart contracts, cross-platform interoperability and lightning-fast transaction speeds. There are also cryptocurrencies whose value rarely fluctuates and they are known for their stability compared to others like Bitcoin, Ethereum, and more. Such coins are called ‘Stable Coins’.

Stablecoins are cryptocurrencies that are pegged or tied to a stable external asset. In view of this, I strongly believe that in as much as there are good stable Coins out there, if anyone has the privilege or opportunity, he or she should rather invest in Bitcoin.