Polo7 (OP)
Jr. Member
Offline
Activity: 392
Merit: 7
|
|
October 09, 2019, 07:08:43 PM |
|
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.
|
|
|
|
djselery
Legendary
Offline
Activity: 1386
Merit: 1001
|
|
October 09, 2019, 07:17:47 PM |
|
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.
Are you talking about the crypto assets? If that's the case, I think USDT, DAI, and the other stable currencies are expected to keep their value compared to USD. If you have 50$ in USDT or DAI, for example, it's worth 50$ and it is predicted to keep this value.
|
|
|
|
batang_bitcoin
|
|
October 09, 2019, 10:09:42 PM |
|
Why you're not taking bitcoin? so you just want to save that $50 for nothing and let it eaten by the inflation by considering putting it to fiat? if that's what you like, you have said it already. You have choices where you can go like stable coins and that's the most accurate cryptocurrency that you can choose. All of your choices can be your pick. But just to be wise, since it's not that much amount, I would keep it in bitcoin, sit and relax while watching the market's volatility. IMHO it's a good amount to take a risk.
|
|
|
|
leowonderful
Legendary
Offline
Activity: 1624
Merit: 1130
Bitcoin FTW!
|
|
October 09, 2019, 10:19:43 PM |
|
USDT can maintain the quantitative value of your money but you may lose value in the long run due to rising inflation. If you plan to keep your money in the long term, I recommend you to invest in bitcoin or gold, because these assets will not easily lose value. Especially in the globalizing world, they will gain much value and protect your money in the long run.
Bitcoin's got a lot of great potential and I don't doubt that, but just as OP stated, it's extremely volatile at the moment and there are definitely better options to keep your money with at the moment. The same volatility that creates immense gains for holders is also the same volatility that causes some people to lose money. I would suggest against keeping your money in stablecoins for extended periods of time, especially not with something like Tether. Tether's pretty shady in my eyes and I wouldn't risk keeping my money with them, though there's a case to be made with some other stablecoins like USDC. Keeping your money in straight fiat's the simplest option.
|
|
|
|
cryptonx
Sr. Member
Offline
Activity: 1176
Merit: 252
Futurov
|
|
October 09, 2019, 10:53:23 PM |
|
What is the most stable asset or currency to keep value?
Its USDT?
Lets say i have today 50$ 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.
to keep value in what buddy ? because this forum is about bitcoin and other cryptocurrency and if you find a stable asset maybe USDT is the right choice now but, what is the reason ? because if you investing on stable asset, the value of your money is same and never change my friend
|
|
|
|
ryzaadit
Legendary
Offline
Activity: 2660
Merit: 1261
|
|
October 09, 2019, 11:08:40 PM |
|
I have a list you can used for a stable coin, You can use at the list bellow Fiat USD : Honestly, I don't really recommend USDT (Tether) cause we can see their company had really few problems. Like an audit, the exchange, etc also a long time ago the value was descrese to 0.5$-0.7$ and back again to 1$ cause of that i don't really like to use USDT (Tether) GOLD Stable Coin : Since stable coin GOLD was really hard to find, cause almost all project who have a similar project for the purpose of GOLD Digital always failed delivered to the investor or community. I suggest you can try to see Gold Token, The token was really backed by gold and you can see the result of audit by Bullion Star.
|
|
|
|
magneto
|
|
October 09, 2019, 11:09:02 PM |
|
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.
Do you really want to keep your assets long term in something that is only stable in the short term, but will imminently depreciate over the long run? That is the very nature of fiat. Or would you rather put it in something like BTC which may be volatile in the short run, but has a capped market supply that will ever be available which means that it would be a much better long term store of value? I know that I'd personally go with the second option. No matter what you do though, please don't keep any sum of money in USDT, TUSD or other stablecoins for more than a few months. You never know whether or not they are running a fractional reserve.
|
|
|
|
kawetsriyanto
Legendary
Offline
Activity: 2422
Merit: 1139
duelbits.com
|
|
October 09, 2019, 11:23:49 PM |
|
What is the most stable asset or currency to keep value?
Do you mean the most stable in price? For old tokens, USDT and USDC are proven to keep the stability in price. However, those are only the example. I guess there are some others, just find out on CMC. Look at the price history. 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.
Why not Bitcoin? Are you afraid of the decline in BTC price? If you want to take big profits, so you must dare to take risks. Volatility doesn't always mean a disaster. With volatility, everybody can gain big profits through big gaps in prices. As long as you understand how to play the game, then you must know that Bitcoin is still the best choice for investment or trading.
|
| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
[/tabl
|
|
|
kooboat
Member
Offline
Activity: 235
Merit: 10
BountyMarketCap
|
|
October 09, 2019, 11:27:12 PM |
|
From experience and discussions, it is always recommended to keep some funds in a stable coin like USDT especially when you plan on short term holdings. It is always great that way to prevent losing money to the high volatility on the market. I guess Tether is the most popular stable coin on the market.
|
|
|
|
rodel caling
|
|
October 09, 2019, 11:37:39 PM |
|
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.
All currency you said are stable aside from bitcoin yes of couse bitcoin is highly volatility than the fiat currency is stable because we their orice are cintrol by the government unlike bitcoin is nothing can control it their price value are depends on the demands. But investing or holding bitcoin is the best way to get interest earning if their price goes uprise than to keep,a lot of fiat we know they can't get huge of interest keeping into bank.
|
|
|
|
mersal
Member
Offline
Activity: 1204
Merit: 38
|
|
October 10, 2019, 12:05:27 AM |
|
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.
No fist has stable value and literally its depreciating so the only choice you have given is gold to pick. AFAIK,gold has the most stability on value compared to anything.
|
|
|
|
danherbias07
Legendary
Offline
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
|
|
October 10, 2019, 12:20:18 AM |
|
I am really intrigued with this kind of questions. You are in bitcointalk and bitcoin and altcoins are mostly the conversation around here.
But USDT? For what purpose? It will not increase so why? I just cannot understand it fully into why go to so much effort just to exchange your USD to USDT. There is no sense in doing it. There will be no profits even in the long run.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
shinratensei_
Legendary
Offline
Activity: 3290
Merit: 1031
Leading Crypto Sports Betting & Casino Platform
|
|
October 10, 2019, 12:37:57 AM |
|
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.
It's NOT usdt but it should be another stable coin like geminiUSD, TUSD. In my experience and i have experienced USDT has traded below $0.8 last year and this is not a reliable stable coin to be used to keep your money. Buy you have owned your answer and fiat has become your best answer. What do you need to ask more about that? I thought that you don't need to convert your $50 in another form because you have owned it and it's already fiat money. Why do you need to convert it into another form of fiat when you have already owned it in the best form of fiat? You have owned fiat and you are looking for stable asset or currency to keep it and then you forgot if you have owned your amounts in stable currency or fiat money.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
glendall
Legendary
Offline
Activity: 2198
Merit: 1018
Buzz App - Spin wheel, farm rewards
|
|
October 10, 2019, 12:41:03 AM |
|
DAI could be an option rather than USDT, I'm not saying USDT is not good, but I heard DAI has a clear back up of assets, if you want to save in the real world, you better save gold than FIAT, because the price of gold charts always go up, while FIAT experiences inflation every year.
|
|
|
|
josephrioveros123
Jr. Member
Offline
Activity: 116
Merit: 2
|
|
October 10, 2019, 12:44:30 AM |
|
I think you must invest it in the most stable coin. Or if you really wanna invest you can invest in real state because it won't be affected by inflation. But for now I think the best coin to have is bitcoin. Because bitcoin effect the values of other coin but not directly affected by other coin. For me buying bitcoin is just like buying share of stocks to the most stable company in the world.
|
HITMEX ❖ BUY and SELL CRYPTOCURRENCY With Powerful Crypto Trading Platform ❖ ❖ BMEX CRYPTOCURRENCY EXCHANGE ❖
|
|
|
febriyana
Sr. Member
Offline
Activity: 432
Merit: 250
Febriyana Muhammad
|
|
October 10, 2019, 12:57:55 AM |
|
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.
Stable crypto is USDT. But i don't get why you want keep value, if you exchange USD to USDT, that will decrease by fees. Also in the long run the "buying power" of USD will eaten by inflation. If you want really keep value not keep the price. I recommended by real gold. Buy Gold Bars. With gold you can keep buying power, price also up and down, but in the long run the value is still win from inflation.
|
|
|
|
minairia3
Sr. Member
Offline
Activity: 1652
Merit: 326
Vave.com - Crypto Casino
|
|
October 10, 2019, 01:03:20 AM |
|
I think it wouldn't increase that much since the purpose of stablecoin is to be stable in terms of price. This is their primarily purpose actually, so even if you put a $50 on it, the price will move closer to it just by an inch. If youre looking for a good and play safe coin then pick btc or eth these two are stable when it comes to foundation cause of their marketcap.
|
|
|
|
bassbity
|
|
October 10, 2019, 02:35:48 AM |
|
If the digital currency in cryptocurrency is a lot like USDT, DAI, USDX, Tether, USDC but the price will not increase or decrease, but to save your assets in the long run better digital gold I recommend choosing https://cryptex.net/trade/GOLDUSD because they have real physical gold, and the price of gold will increase every year.
|
|
|
|
Periodik
|
|
October 10, 2019, 02:50:38 AM |
|
I am really intrigued with this kind of questions. You are in bitcointalk and bitcoin and altcoins are mostly the conversation around here.
But USDT? For what purpose? It will not increase so why? I just cannot understand it fully into why go to so much effort just to exchange your USD to USDT. There is no sense in doing it. There will be no profits even in the long run.
Probably the OP is looking for the most stable altcoin that will not be affected by the normal rise and fall of prices. Well, you have it already, USDT, USDC, etc. As to why, we do not know. Most probably it is for stability while the prices of the rest of the crypto market is very uncertain or perhaps covered in red. I guess many of us here are also using such stablecoins when we think that the prices are about to fall.
|
|
|
|
Strongkored
Legendary
Offline
Activity: 2968
Merit: 1114
Top-tier crypto casino and sportsbook
|
|
October 10, 2019, 03:55:38 AM |
|
What is the most stable asset or currency to keep value?
Its USDT?
Lets say i have today 50$ 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.
You are so afraid of the volatility of Bitcoin. BTC volatility is unavoidable until now but the ROI of BTC ownership is greater compared to Gold or Altcoin. What do you expect from the stability of the assets? If you have $50 it will remain that much, meaning your assets are still and will not going up, you do not get any benefit from the ownership.
|
|
|
|
|