Stable Coins Necessary?

[torrantz]

Stable coins are everyone's choice, because stable is defined if the price will go up or down, it can be predicted well. calculations, analysis and predictions can be applied because they are stable. this makes it easy for investors / traders. the more coins are stable the more choices. I think it's good to indicate Crypto has a stable trust too

Stable coins are used for liquidating the trading earnings and if there is a rumor about downtrend then selling cryptos and transferring to stable coins are necessary.

That can be used not only to secure your profit but your money too, we need this one but we don't need a bunch of platforms that always created more and more stable coin without getting any audit by the trusted party.

[matricaria]

Yes, it seems to me that stable coins perform a very important function in the cryptocurrency market. Especially at a time when the entire cryptocurrency market is going down.

[aokiji06]

everyone would want to be profitable, so coins are stable with the price increase being very necessary, not stable prices that don't rise.
if the coin price can be stable with price increases, then the coin electability will increase so that coin users will definitely increase because there is no fear of loss, but clearly the benefits gained

[tamango]

I don't believe in actual stablecoins even if I think that they can really be useful to eliminate the need to change to fiat to protect your investment, but none of actual ones are certified by a trusted third part so we can't really know if they are really pegged to something because we can't check if money is real in a bank as a guarantee.

[sempak]

The market is now stable, only the price is still low. But every coin has increased trading volume. Now trading daily I think is more profitable. In the last few days, I benefited from several coins that were able to go up and down.

this kind of thing is indeed advantageous, for a stable coin there is a usd replacement which is in the form of token or coin conversion, with the increase or decrease we can benefit

[manishanand]

I think it is necessary as it helps to quickly cash out in fiat money while doing trading. Just think it as a tool in trading and nothing more.

[Moore234]

The predictions about stable coin is not a reality,  sometimes the coins are doing well, and market isn't stable. It's vice versa and recently I can say some coins are kinda stable within 48hrs , maintaining a stable price .. but right now, we can be sure if there's a stable coin for now. But the market is good.

[joshy23]

I think it is necessary as it helps to quickly cash out in fiat money while doing trading. Just think it as a tool in trading and nothing more.

That's the easiest thing to think so you won't be bothered to think a lot about this coin, just use it for its sole purpose take the advantage each time
you've got the opportunities, it's all about how you manage to deal with certain project according to its usage, most of the time stable coins is for
trading purposes finding a good pair and use it as a tool.

[tenakha]

I think it is necessary as it helps to quickly cash out in fiat money while doing trading. Just think it as a tool in trading and nothing more.

If you do not think they are scam like me, stable coins are the best choice to keep your money stable. But, in my opinion, this is not appropirate for the nature of crypto and is only useful for trading. Also, it will not help us in the future. They were fixed to today's money, and an unnecessary entity that could only be useful as long as fiat is used.

[Koobtcgal]

I think stable coins are necessary to maintain our economy. In crypto, in times of a continues downward trend, we need a stable coin to exchange all our coins into so that we do not feel the losses. Imagine if I exchange my 1 BTC which was worth $19K to usdt, I can get 4BTC now if I want BTC but if I held BTC till now, my 19K will be worth only 3.8K today. So stable coins are good.

[Ranly123]

Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.

But do you think it's really necessary to have so many stable coins?

Depends on the understanding of the person that will be going to invest on those stable coins. But for me, it would not be necessary since we already have Fiat and what we need is a reliable coin that would bring profit to our pockets.

[JohnMacZeppelin]

The question is really interesting, because in some, or rather, in most cases, such projects could really save our deposit with you. But you understand that now there are a lot of such projects and such projects can really only contribute to scam projects.

[sujonali1819]

Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.

But do you think it's really necessary to have so many stable coins?

Yes stable coin necessary for keep alive crypto market. But one question I also want to know that how much stable coin needed? Many stable coin are launching day by day.  I don't think that more than 2-3 stable coin is needed.     

[mamahdedeh]

Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.

But do you think it's really necessary to have so many stable coins?

Indeed we need a lot of stable coins. This stable coin is very useful because if the coin price is stable then the crypto currency market will also be stable. Stable coins will also bring long-lasting public trust. If the coin is very volatile then it can damage people's trust. If people's trust has been greatly reduced, it is very difficult to rise again. Therefore, maintaining the stability of the coin and the stability of public trust are challenging.

[Ucy]

Stablecoins are more like a safety net for those who need them. A regular trader in a volatile market would find it useful.
 If you are a cryptocurrency trader you would understand why it's so neccesary

[sinta23]

Stable coins are everyone's choice, because stable is defined if the price will go up or down, it can be predicted well. calculations, analysis and predictions can be applied because they are stable. this makes it easy for investors / traders. the more coins are stable the more choices. I think it's good to indicate Crypto has a stable trust too

Stable coins are used for liquidating the trading earnings and if there is a rumor about downtrend then selling cryptos and transferring to stable coins are necessary.

but if in my opinion the crypto currency will never be stable because every minute it always experiences price changes, but for good coins you can choose bitcoin and ethereum to make investments

[dimonarka]

It is necessary for the project itself to create a stir to raise the price of the token. In general, as for me, volatility is normal for any cryptocurrency without exception

[criket]

It is necessary for the project itself to create a stir to raise the price of the token. In general, as for me, volatility is normal for any cryptocurrency without exception

Yes everything is indeed normal for cryptocurrency. but to achieve the increase and decrease that occurs suddenly everything needs a cause. While the market now looks more stable look depends on your not too much price movement.

[Beccaman]

I'm fine with this market and coin situation. People make money on volatility and if you need a stable coin, you can use usdt

[hell_slayer]

I think that the main reason why the market requires stablecoins, is the refusal of banks and traditional regulators to recognize cryptocurrency and legalize operations with them. Buy / sell cryptocurrency for fiat money is now quite problematic, because these operations in many countries are taxed, and often regulatory authorities may require documents confirming the origin of your money. In order to solve these problems, stablecoins were created. If dollars are just as easy to buy and sell on a crypto exchange without any taxes and certificates as it can be done with usdt, tusd and others, then stablecoins will very quickly lose their popularity and leave the market .