kindbtc
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SAPG Pre-Sale Live on Uniswap!
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December 19, 2019, 04:23:42 PM |
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As a longterm crypto supporter i would say that stablecoins are only good to buy when crypto market has peaked which is very far away right now and expected new peaks time range is from the end of 2020 to the end of 2021, so i would only try to get in stablecoins once we see massive upside run.
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sana54210
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"CoinPoker.com"
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December 21, 2019, 03:53:09 PM |
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Stable coins are really good to lock your profits. Simply stablecoins are crypto formats of our daily using fiats. If you country is having lots of restrictions and you want to store your money in crypto format then you may go for stablecoins. Due to its stable prices, you will be missing what bitcoin kind of coins are providing the opportunity for growth by ROI.
But, I don't invest in stable coins, to me they are not really useful right now, so I'm only investing in the volatile cryptocurrency (Bitcoin), though I so much of an interest in the Facebook Libra and if it's released I'm sure going to make use of it because I know that it's going to be accepted on several platforms like eBay, and a lot more of them where PayPal is accepted, unlike other stable coins that are not being accepted anywhere at all. So, for now, I'm just going to focus on Bitcoin and ETH till maybe altcoins start getting widespread adoption.
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confreslamp
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CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
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December 21, 2019, 04:14:12 PM |
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I am not a fan of stable coins, because of several reasons. First of all, 90 percent of them are centralised. Secondly, what is the point of holding a stable coin, because it does not bring you any benefits. But if you want to invest in a stable coin, it should be DAI.
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Fappanu
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December 21, 2019, 04:24:57 PM |
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I am not a fan of stable coins, because of several reasons. First of all, 90 percent of them are centralised. Secondly, what is the point of holding a stable coin, because it does not bring you any benefits. But if you want to invest in a stable coin, it should be DAI.
Yes im not also a fan of stable coins but the main reason of this article is to protect the value of our money to futher decreasing because of the bearish market. This is the reason why we hold stable coins especially on short term trading or in day trading.
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enhu
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December 21, 2019, 04:41:56 PM |
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Volatility is always an issue in cryptocurrency, you just can't trade profitably without it which is why traders are mostly trading coin/stablecoin. We are mostly trading on BTC/USDT which is why tether somehow becomes very trusted as far as i know its the first stablecoin we have been using until the newer comes along.
The problem with stablecoins is that the owners can steal from us which is why tether was being audited previously. They can release more stablecoins while the reserves are unsure.
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albon
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December 21, 2019, 05:03:21 PM |
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I believe that stablecoins will be more beneficial to novice investors or who want to keep their money with less losses than investing other cryptocurrencies to protect it from market volatility, I am will not buy a stablecoins because I see that linking stablecoins to a central coin like the US dollar becomes a bad investment because stablecoins waste the benefits of decentralization that cryptocurrencies have, If I buy stablecoins now, I will sell it tomorrow and get my money back, so there is no point in buying stablecoins.
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luckyflop
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December 21, 2019, 05:14:20 PM |
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Since 2018, stablecoins have become popular among investors. A lot of people have sold altcoin and bitcoin to hold stablecoin to preserve their capital in this market. In 2020, I think that Bitcoin price and altcoin market will increase strongly and this is an opportunity for investors who are holding stablecoin to buy altcoin and bitcoin cheaply.
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jets567
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December 21, 2019, 05:33:55 PM |
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I must say that the existence of stablecoins is pretty useful in crypto space especially for traders and some investors that wants to protect their cryptocurrency holdings though stablecoins are not good for long-term hold since the price have less fluctuation which is not advisable for someone that is expecting some profit from his/her investment.
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btcdie
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December 21, 2019, 05:54:48 PM |
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Stablecoin is only to help traders / investors only and if you intend to save. Stablecoin was created not for profit, but only helped to condition the crypto market. You save your money in stable form the same way you save at a local bank. The OP said and suggested buying stablecoin in 2020, assuming that I agreed but only but prepared only to buy bitcoin before halving began. Storing stablecoin for too long is boring for me.
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Wysi
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December 21, 2019, 06:11:18 PM |
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I am not a fan of stable coins, because of several reasons. First of all, 90 percent of them are centralised. Secondly, what is the point of holding a stable coin, because it does not bring you any benefits. But if you want to invest in a stable coin, it should be DAI.
Even I am not a fan of stable coin as there is no point in buying and holding stable coins but that's not the purpose of stable coins as they are mainly used to convert your crypto asset post trading to avoid any loss as the value tends to fluctuate. I use stable coin just for conversion purpose like most of us do.
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Ezravdb
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December 21, 2019, 06:20:01 PM |
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when the Bearish market the traders secure assets in stablecoin, this was done so that their assets did not decline rather than choosing to hold btc or altcoin when market conditions deteriorated. but every market has fiat currencies like indodax so traders' choices when the market is deteriorating they can secure assets into fiat or buy stablecoin. but buying stablecoin doesn't earn any profit.
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lolgato1
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December 21, 2019, 08:16:14 PM |
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Stable coins are good only for traders, but why you should hold stable coins instead of money? There is still risk that company that created stablecoin may end. Also if you buy stablecoins, you can miss the opportunity of buying cheap cryptocurrencies.
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tenakha
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December 21, 2019, 09:48:33 PM |
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Stable coins are good only for traders, but why you should hold stable coins instead of money? There is still risk that company that created stablecoin may end.
I am not a fan of stablecoins too, but they are useful for those who trust. Stablecoins are the best solution for daily traders and for those who want to avoid the loss of value caused by the bad market situation. Also if you buy stablecoins, you can miss the opportunity of buying cheap cryptocurrencies.
But, if you know the right time to sell and buy, you will not miss a chance. Stablecoins are meant to take advantage of the decrease, in time of increase is not needed much.
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judaspriest
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C O M B O
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December 21, 2019, 10:45:41 PM |
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Stable coins are good only for traders, but why you should hold stable coins instead of money? There is still risk that company that created stablecoin may end. Also if you buy stablecoins, you can miss the opportunity of buying cheap cryptocurrencies.
to trade daily with little volatility may be very suitable for daily traders, but the benefits also include very small
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Aabcde
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December 22, 2019, 02:33:33 AM |
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Many traders do buy stablecoins to secure their funds from volatility. But for me, Stablecoin isn't very useful. I prefer to make it fiat in local exchanges and keep it there as long as I don't want to trade than to be stable. Because I do not believe in crypto that is backed up with other assets such as fiat or other commodities. That's all my reason. I better buy the commodity directly instead of buying the crypto.
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tianglistrik
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December 22, 2019, 05:07:39 AM |
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Many traders do buy stablecoins to secure their funds from volatility. But for me, Stablecoin isn't very useful. I prefer to make it fiat in local exchanges and keep it there as long as I don't want to trade than to be stable. Because I do not believe in crypto that is backed up with other assets such as fiat or other commodities. That's all my reason. I better buy the commodity directly instead of buying the crypto.
if you trade on a local exchange then you do not need to use stablecoin, because some people use stablecoin on world exchanges because there is no currency in their exchange. but if you don't believe in Stablecoin then there are some coins that can still be called stable like TRX because I sometimes use them when trading on world exchanges
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Xxmodded
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SOL.BIOKRIPT.COM
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December 22, 2019, 05:25:57 AM |
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Stable coin maybe less risk with lower price and become destination for trader to buy and invest with stable coin in 2020, but we don't know which one become stable coin because almost coin right now have lower price, not many coin keep stable with higher price and increase dump more than 70% from what higher price before like eth can raise above $1,5k and now only $130.
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Dalmar
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December 22, 2019, 01:30:49 PM |
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Traders use the stablecoins for protecting their trades from the market volatility and it is the best option instead of converting the holdings to fiat money. The converted cash can cause additional problems such as an investigation by the banks in case of big amounts from the crypto exchange but this is not a case for the stablecoins.
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BitHodler
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December 22, 2019, 01:58:06 PM |
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Traders use the stablecoins for protecting their trades from the market volatility and it is the best option instead of converting the holdings to fiat money.
Protection is quite hard to refer to when people are trading USDT. It's not just their shady nature I'm referring to, but also the counter party risk. If they stop paying out your stablecoins are worthless. Tether has already admitted that they at one point weren't fully backed by dollars. If you see them admit that, something is wrong. Too bad decentralized stablecoins haven't gotten any adoption yet to replace centralized ones.
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BSV is not the real Bcash. Bcash is the real Bcash.
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infarterr
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December 22, 2019, 02:44:27 PM |
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to trade daily with little volatility may be very suitable for daily traders, but the benefits also include very small
That's right, stablecoin tokens don't have a big risk if we buy them, and the profit we get is also small, so for those who don't want to incur a big loss, please buy stablecoin.
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