Post
Topic
Board Altcoin Discussion
Re: Stablecoins is a good way to keep and save money or not?
by
bittick
on 08/08/2022, 05:52:34 UTC
Short term use only. Bitcoin now is the best way to keep and save after it dropped in price.
I don't think so. Some stable tokens are reliable enough to be used for the long term purpose. You can see how USDC was very reliable enough to be used as long term hodl to prevent the bearish trend to come anytime. I think that it's not all of stable tokens were not reliable for long term. Some may have very good fundamental that makes the stable token can be used for the long term purpose.