The use of stable coins or no?

[sandra_x]

Stable coins offer a safe haven particularly in bear markets- hep preserve the value of your cryptoassets without needing to convert to fiats.They also serve as a bridge for easier entry into the crypto market.Minting on tether back them always brought some sort of bullish momentum.

[retnoanjani]

I always use stable coins as a trading tool. I think that using stable coins is a good way to lock your profits. The most important thing is to choose the right stable coin.

It is true. This is one of the important tools for trading. Sometimes we are faced with difficult choices, if hold is afraid of prices going down, if it is out but there are still other opportunities, so here is the role of stable coins, maintaining value, so as to maximize opportunities and reduce trading costs as well.

[lousie9]

There are so many things that we can do if the coins will be stable. The market will be on the way. I mean so many things we can do like legalizing it because it is the top problem of all who wanted to make changes in cryptocurrency the volatility. If a specific coin would surpass that volatility and make itself a stable for sure there will be so many people and company would use it. It is still cryptocurrency after all.
Stable coins is good in the economy but not if you've wanted to make profit out of that coin.

Yes, more or less like that because stable coins on the stock exchange or trade have a big impact on the number of investors who are mining. Everyone wants Altcoin to be stable in price, but only a few are categorized as capable, but the current market has not experienced a drastic increase.

[SlimShadyMmp]

Is actually the cheapest way to sell Crypto Issue is there basically or mostly just one stable coin USD no other like Pounds or others so you just have to stick with that but apart from that it makes your work easier and more sublime

[yazher]

If you buy top rated stable coin like Tether and TrueUSD, You will no longer to worry. Two times you can buy stable coin when bear market start and when Bitcoin in bullrun. Now I also support Binance USD coin to use as stable coin.

I also agree with this, the more stable coins we have, the better. especially when the source of such stable coins is from a trusted source like Binance. This is good we need more stable coins because these coins also need some massive volume when a bull run comes.
When the other stable coins are sold out at that time, we can choose another one. so, basically the more stable coins we have in the market the more we can minimize the risk of holding unsellable coins because of the congestion.

[meanwords]

I see what your saying. Yes stable coin is one of the best alternative coin out there to change your Bitcoin to fiat. Because of the creation of stable coins, we wouldn't have to worry about exchanging Bitcoin anymore, we wouldn't have to think about our funds losing its value. If you plan to use stable coin, do it because it's a great alternative.

[dimonstration]

Having stable coin is for those who are scared to risk in the market movement, if we were not to believe that our capital and earnings is not yet in good state, then switching to stable coins can be a solution for peace of mind. If we prefer to wait and once we decide it to trade to alts we wanted. It will only take us away in the idea of seeing our coins too dip or too high. Meaning no profit at some point.

[sammy21]

I see what your saying. Yes stable coin is one of the best alternative coin out there to change your Bitcoin to fiat. Because of the creation of stable coins, we wouldn't have to worry about exchanging Bitcoin anymore, we wouldn't have to think about our funds losing its value. If you plan to use stable coin, do it because it's a great alternative.

this stable coin may help trade and investment because it provides better security for a value that will not be reduced too much. but the steady movement of the coins persists even though there is no other crypto extension. or maybe stable coins also disrupt the growth of altcoin. because trading will be more focused on stable pairs of coins not with other crypto. Does anyone have a view like me?

[spadormie]

You're right. It is actually a safe haven for us in cryptocurrency for us to be saved by some bear market to save our funds from getting harmed. If you're in doubt change your coin to a stable coin, for it to stay on thatkind of amount in USD. It's like a secured amount for your funds.

[lobat999]

If you buy top rated stable coin like Tether and TrueUSD, You will no longer to worry. Two times you can buy stable coin when bear market start and when Bitcoin in bullrun. Now I also support Binance USD coin to use as stable coin.

I also agree with this, the more stable coins we have, the better. especially when the source of such stable coins is from a trusted source like Binance. This is good we need more stable coins because these coins also need some massive volume when a bull run comes.
When the other stable coins are sold out at that time, we can choose another one. so, basically the more stable coins we have in the market the more we can minimize the risk of holding unsellable coins because of the congestion.

Of course! its good for crypto markets if we have alternate stable coins other than Tether because it will naturally increase market liquidity provided that those stablecoins are really backed by fiat currency or any other fixed assets to legitimize it true value.

[hdtqisg]

Stable coins will hold your value when you have not chosen an investment decision in short times. But it will not be suitable for hold in the long time. Because it only has the ability to keep the value or lose value.

[Rikotin]

yes I have stable coins like USDT but I use these investments to exchange instead of the main investment like other cryptowurrency. because I know that stable coins will not get much profit but can minimize losses because the price will not go down and up, I mean moving at a fixed price.

[Metall303]

yes I have stable coins like USDT but I use these investments to exchange instead of the main investment like other cryptowurrency. because I know that stable coins will not get much profit but can minimize losses because the price will not go down and up, I mean moving at a fixed price.

USDT is also now very good for paying for any services. when paying in USDT you are not tied to the exchange rate that changes very quickly for some coins

[cichaescut]

If I am using a stable coins, I always chose DAI, because they are the safest in my opinion. Furthermore, I do not see any use case in other stable coins, because they are usually centralised and manipulated like Tether.

[Sithara007]

If you buy top rated stable coin like Tether and TrueUSD, You will no longer to worry. Two times you can buy stable coin when bear market start and when Bitcoin in bullrun. Now I also support Binance USD coin to use as stable coin.

Who told you that if you purchase USDT or TUSD, you don't have anything to worry? As far as I know, there is no stablecoins out there, which can be trusted. The recent Bitfinex scandal proved that USDT is no longer backed up with real assets (at least not 100% backed up). None of the stablecoins that are currently circulating in the market has completed an independent third party audit of their assets.

Now the Binance USD coin is going to be even more risky. Because it is associated with an exchange. If there is a major hack (Binance was a target of several minor hacks in the past) and the exchange incurs a loss, then this coin can lose its value very rapidly. I am not going to trust any cryptocurrency other than Bitcoin, be it stablecoins such as USDT or altcoins such as ETH.

[Alexandr Kirichenko]

I very rarely use stable coins. This is a tool that is mainly invented for traders. personally, he's useless to me. I don't trust any stable coin. Can be in the future that will change, but now this is so, this simply candy wrappers which nothing not endowed and not backed by in financial equivalent.

[Impaler]

Stable coins are backed by fiat so people don't hold it as investment. But its very useful during convertion. Its not about bull or bear market you can see the volume of stable coin. I used a lots of stable coin.

[Shepard777]

Stable coins are backed by fiat so people don't hold it as investment. But its very useful during convertion. Its not about bull or bear market you can see the volume of stable coin. I used a lots of stable coin.

Please tell me which stable coins you use, since I have been using tether for a long time and have not tried anything else. I don’t like the tether bad news all the time about it. But other alternatives are not credible to me.

[GGmith]

Stable coins only dominate fixed price movements, I observe like USDT, the rise and fall of stable coins depends on dollar price movements. and I don't think it's a bad idea to use stable coins to secure your investment. but I prefer investing in cryptoqurrency which is not a stable coin, even though it's risky.

[Convery]

Thanks to stable coins and platforms like NEXO we can get up to 7% interest per year! This is a huge return that you can't get anywhere else.
But still I see bigger potential in Bitcoin that can make tens of percent per year.