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Author Topic: Most stable asset or currency?  (Read 662 times)
ethereumhunter
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October 15, 2019, 03:22:20 AM
 #81

I think there is no stable crypto in the cryptocurrency even for stable coins like USDT, USDC, USD, PAX. The price will always follow the market condition. There will be a fluctuating price every day, and you cannot see the stable coin. If you choose USDT, USDC, USD, Pax, or else, you don't have a chance to make a big profit because that coin cannot increase so high depends on bitcoin or altcoin. If you want to make a bigger profit, then you should choose bitcoin only and don't afraid of the volatility of the price.

The volatility of the bitcoin price is good because you will have the opportunity to buy bitcoin at a low price and sell it at a high price. But that's only for people who can accept the risk of the fluctuating of the price. But you can hold bitcoin for a long time if you don't want to see the price will going to go up and down every day and I think you will make a big profit in the future.

If you have $50, then I suggest you save in bitcoin and move that bitcoin in other wallets and don't check it for more than 1-2 years. You can recheck it if the price can increase so high so you can sell your bitcoin at that time. You will make a lot of money from your $50.

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October 15, 2019, 03:38:21 AM
 #82

What is the most stable asset or currency to keep value?

Its USDT?  

Lets say i have today 50$ so where i should keep it?  Eur?  Usd?  Pounds?  Gold?  Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.
For the cryptocurrency enthusiast, it is preferable one save funds in USDT for more stability and to cut losses as well. One of the main reasons why it is good for cryptocurrency enthusiasts to choose USDT over gold, EUR, USD etc is because converting from USDT back to any other cryptocurrency is very easy as compared to the rest.

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October 15, 2019, 04:05:28 AM
 #83

I think there is no stable crypto in the cryptocurrency even for stable coins like USDT, USDC, USD, PAX. The price will always follow the market condition. There will be a fluctuating price every day, and you cannot see the stable coin. If you choose USDT, USDC, USD, Pax, or else, you don't have a chance to make a big profit because that coin cannot increase so high depends on bitcoin or altcoin. If you want to make a bigger profit, then you should choose bitcoin only and don't afraid of the volatility of the price.

The volatility of the bitcoin price is good because you will have the opportunity to buy bitcoin at a low price and sell it at a high price. But that's only for people who can accept the risk of the fluctuating of the price. But you can hold bitcoin for a long time if you don't want to see the price will going to go up and down every day and I think you will make a big profit in the future.

If you have $50, then I suggest you save in bitcoin and move that bitcoin in other wallets and don't check it for more than 1-2 years. You can recheck it if the price can increase so high so you can sell your bitcoin at that time. You will make a lot of money from your $50.
This market is only safe when you hold Fiat because any coin appearing in this market has its own risks in investing. In fact USDT, USDC is just a means to help you ensure assets in this market and the value does not change. If you choose to invest in Bitcoin, it can be a very good choice but the high volatility of Bitcoin may affect your profits in the future.

There are many different ways to make money in this market and consider carefully before making investment decisions because not every coin can bring you big profits.

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October 15, 2019, 05:14:10 AM
 #84

What is the most stable asset or currency to keep value?

Its USDT?  

Lets say i have today 50$ so where i should keep it?  Eur?  Usd?  Pounds?  Gold?  Usdt?

Bitcoin is not, maybe in future but right now bitcoin has too high volatility.
Well, since it is not bitcoin, then the only reliable coin that you should invest in is the gold, out of all those that you mentioned, there is still possibility that their system would eventually fade away in future, but gold is one thing that has existed for years, I mean thousands of years and it is not in this generation that it would become valueless, gold will continue to appreciate and till so many decades time, gold will continue to have its popularity, so dear, go for gold.

Tether that I would have advised you on, since it still part of cryptocurrency is a stable coin, it would never appreciate, and would remain stagnant that way for the rest of its life, while gold may still appreciate which you will get a higher value when you need it in future to do some personal stuff.
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October 15, 2019, 05:19:02 AM
 #85

if you have 50% capital, I suggest you keep it in crypto like Usdt, but if you want to keep it in the original currency I recommend using Usd because a stable coin value won't make you poor, I mean you don't worry about rising and falling prices stable coin.
The USDT exchange rate is indeed stable, but for the bitcoin exchange rate changes every second. so in my opinion that should be in every altcoin price has to change. if you want a stable price in cryptocurrency it will be a little difficult to find because cryptocurrency is very volatile. price changes are quite fast

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October 15, 2019, 07:31:41 AM
 #86

if you have 50% capital, I suggest you keep it in crypto like Usdt, but if you want to keep it in the original currency I recommend using Usd because a stable coin value won't make you poor, I mean you don't worry about rising and falling prices stable coin.
The USDT exchange rate is indeed stable, but for the bitcoin exchange rate changes every second. so in my opinion that should be in every altcoin price has to change. if you want a stable price in cryptocurrency it will be a little difficult to find because cryptocurrency is very volatile. price changes are quite fast
Coins like USDT, TUSD etc can easily be used as stable coins. Ofcourse there will be some slight ups and downs in the price but it doesn't matter much as long it is not much volatile like Bitcoin etc. Even the Fiat currencies like EUR/USD varies daily too.

 
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October 15, 2019, 08:25:39 AM
 #87

USDT is just one of the stable coins in the crypto space, which might be used to fix the value of one's asset, but talking about fixing just $50 for a long time, is like being lazy with one's asset, which should be used as means of increase. It is better to risk, by investing in a promising coin, such as BTC. BT for now still has a low value with the tendency of increasing in future. You might go for that option, if you are not able to identify a good altcoin.

Agree, if you only have $ 50, it's better to invest in coins that have high fluctuations and trade to double the value of your investment. To trade on coins that have high fluctuations, we must understand and be able to read market movements so that we do not lose

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October 15, 2019, 08:35:17 AM
 #88

if you have 50% capital, I suggest you keep it in crypto like Usdt, but if you want to keep it in the original currency I recommend using Usd because a stable coin value won't make you poor, I mean you don't worry about rising and falling prices stable coin.
The USDT exchange rate is indeed stable, but for the bitcoin exchange rate changes every second. so in my opinion that should be in every altcoin price has to change. if you want a stable price in cryptocurrency it will be a little difficult to find because cryptocurrency is very volatile. price changes are quite fast
Understanding volatility will give you idea in what assets to hold while you are still inside this investment currency. Stable coin will base with how crypto works and there's no accurate amount to expect due to fluctuating market trends.

You have to embrace the system and learn how to choose the right assets to store inside your wallet.

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October 15, 2019, 08:43:44 AM
 #89

Stable coin will base with how crypto works and there's no accurate amount to expect due to fluctuating market trends.

stable coins are independent and mainly have a 1 usd value like a dollar  . they dont depend on how crypto works because no matter how crypto moves , stable coins are still stable coins and there is an accurate amount to expect on them  .

@op  .  all of the assets that you said on your post are i think stable  .  just choose if where you are comfortable with  .  if you love something online then go for usd but if you need something that you can see and feel then go for offline assets like gold and usd ( local currencies )
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