Buying stable coins is a goog or a bad idea?

[rdluffy]

I use stable coins to hold my position in USD
If I'm doubt about the trend of market, usually I use Tether to have USD dollars and them buy again cryptos

I don't think it's a good idea to "invest" in stable coins, as the name suggests, it's stable, and you'll gain money with volatility

[bocyaj]

After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?

If you are new to the cryptocurrency world, buying of stable coin is good idea. Because in starting stages, you are forced to lose some money by the lack of knowledge. At that stage, you can directly inverse on a stable coin. So that, atleast you may avoid the loss.

[3core]

After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?

I don't like stable coins, why bother buy stable coins when you can keep your funds in fiat currency, I only find stable coins useful if they are kept temporarily for trading purposes.

[Xalata]

I prefer investing in stable coins than new coins that I know nothing about. At least the stable coins have been in existence for a long time and its potential in the market has been tested.

[Rinso]

i think alot people know stable coin created for transaction from crypto to fiat. some times some money currency cant buy crypto coin directly thats why this stable coin exist. i think stable coin is not bad for investing tho but it takes really low for profit and wasting time i think. why do invest to stable coin if there's alot another good coin ?

[SolarWindMiningCompany]

Stable coins such as Paxos, usdt, usdc etc all backed backed many monetary instruments including us dollar is to provide cushion to the volatilities of cryptocurrency. It is not designed to offer returns or profits on investment but rather to serve as a fiat with more stable capacity against market reactions. So I will advice you only buy stable coins if you want to maintain the value of your trade without profit nor loss

[dongosquad]

i think alot people know stable coin created for transaction from crypto to fiat. some times some money currency cant buy crypto coin directly thats why this stable coin exist. i think stable coin is not bad for investing tho but it takes really low for profit and wasting time i think. why do invest to stable coin if there's alot another good coin ?

You are right. In addition, stable coins are also effective for securing assets when the market is unprofitable, so that they are not trapped by falling prices which lead to too deep cutloss. That's the strategy that I use often. Stable coins will be more effective if supported by use cases in the real world that are supported by regulations, it may be that someday we will be easier to carry out all payment transactions such as buying coffee with stable coins.

[alt-fire]

The buying of stable coins is good idea if you looking for a holding coin for a long term. If you want fast money - that is not best decision. Some stable coins have a good volume and run own IEO projects on self platform. This is good investment idea.

[Enzo05]

Well if you are talking about investmenting in stable coins like usdt or tusd then it's a bad idea because your investment will still the same. You can use stable coins in trading like for example you have $1000 in bitcoin then bitcoin price pump and now you have $1500 then you convert it to stable coins and then when price of btc decrease you use it to buy btc and then so on.

[litepool.ru]

In some cases, buying stablecoin is a good option. For example, BTC and altcoin collapse, it is best to buy stablecoin to keep your assets safe. And then wait for BTC and altcoin to go to the bottom and buy them

[farraddy]

Stable coins are not designed for investment they have another task. You cannot make money on coins whose price is stable, you can only keep your money, but then is better Fiat.

[KirunBarber]

yeah right, buying stable coins will give us safe risks. but is there any? we should at least know about the coins themselves. how the development ... maybe this is more appropriate for long-term investment.

[zulfi125]

As you know stable coin have not more potential and you can't get more profit so the idea for buying stable coin may be good but I suggest don't buy the stable coin.

[DavethaMan]

How can buying stable coins be a good idea when the whole purpose of it is to keep a stable price thus yielding no returns whatsoever?

[ginobitcoiner]

A true trader is likely to prefer coins that have fast price volatility, if you choose a stable coin just looking for safety, and in my opinion it's just a mental trader who is not good.

[Marnihughes82]

I don't think it's good or bad. But investing in such stable currencies means that you will not be lossless or profit. So it's best to buy gold or dollars for reserves 

[letyouearn]

After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?

What the use of investing in stable coins? Does this makes any sense? They are bound to dollar or some other currency and will hardly bring you x10 profits, won't they? You should consider investing in some STO tokens instead I think.

[South Park]

After reading this article https://changelly.com/blog/stablecoins-an-idiom-of-stability-in-crypto-space/ I started to think about purchasing stable coins. What's your opinion about that? Is it a good or a bad idea?

The first question that comes to my mind is why do you want to buy stable coins? Once you know the answer to that then we could tell you if it is a good idea, if for example there is hyperinflation going on in the country where you live then buying a stable coin is a good idea since that will protect your wealth, however if you are thinking in investing in stable coins in order to get profits then you will be disappointed with the results since the volatility in those coins is minimal compared to the volatility of the rest of the coins in the market.

[firmino10]

I personally feel that buying and using stable coins is a very good idea because it helps you take advantage of the market fluctuations and make profit. You can convert your money to stable coin when the market is high and buy back when the market is low.

[bonyaserg]

Personally, I think that investing in stable coins like Ethereum or Bitcoin is very profitable. So if you have a desire and excellent capital, proudly invest your cryptocurrency savings. And then your capital will soon double.