What is your opinion on stable coins?

[suryana]

Stable coins are not for investment, but to protect value your assets. Stable coins are widely used for trading so most likely the Libra project will provide convenience for traders in the market. I personally also use stable coins as my trading coins.

[sorrros]

I like the idea of stable-coins. It allows you to hedge against crypto downfall when you predict it, you don´t have to sell your cryptocurrencies and buy FIAT and withdraw it to your bank account. Simply you switch to USDT ERC-20 token and left it in your personal Ethereum wallet. 

[Hellkas]

I think that stable coins are necessary in cryptocurrency world, because it could be impossible to trade cryptocurrency without coins which always have the same price and which don`t depend on market volatility and main market trends

[abokhalel2]

I have already said that for me there are no stable coins.

The price is regulated by the market. Of course, exchanges can make a coin impossible to sell cheaper or more expensive.

In some year, due to bad news, people began to drain USDT and the price began to fall, so it is not a stable coin, just people accepted it as a replacement for the dollar.

[StephenJH]

Maybe you have learned something wrong about stable coins, l can realize it from your topic. Stable coins are not used for investing, stable coins are to save your investment. Like if any coin which you invested in and started getting down, you can convert it to any stable coin and you will not lose more money in this way. l wanted to make something so understandable. For more information, you can also make some research about the stable coins on google.

[Metall303]

I like the idea of stable-coins. It allows you to hedge against crypto downfall when you predict it, you don´t have to sell your cryptocurrencies and buy FIAT and withdraw it to your bank account. Simply you switch to USDT ERC-20 token and left it in your personal Ethereum wallet. 

it is very convenient for traders who have come to this market for a long time ago, but now there are too many stable coins on the market and it is very difficult for people to understand which one to choose. I think that half of the stable coins we just do not need

[jrrsparkles]

Good for investors, to hold their profits because if they convert them into fiat they will lose lot of their margin in the form of fee but other than this nothing more useful.If you think it is a good investment then you have no knowledge about investing on assets.

[dentolas]

A stable coin, as the name implies, should be stable over time and always retain the same value independent of the market changes. These are used as digital fiat currencies to store profits/savings safe from price fluctuations. MAny people take advantage on stable coins converting BTC to stable and vice-versa accodring to btc fluctuations...
in my oppinion stable coins are not an investment

[Flickkk]

Hello Crypto friends!

Recently i have known about tether and also facebook libra.

Is those worth investments or waste investments.......?

Because if facebook libra is stable coin then it is wrong investment choice because many crypto investors look for profit coins i mean unlike stable coins they will like coins which get profits.


In my opinion stable coins are bad to invest.

But facebook will change their decision regarding the libra stable coin or the libra coin will also like another tether.

Thanks!

If you can see a good future with that stable coin your saying. It really needs to prove it capability of being a stable coin. In cryptowolrd regrets is normal . Many people suggested and saw its potential but in the end it will dissapoint your expectation.
So it will be your own risk and it is good to have many people have their opinion so you can decide if youre willingto accept their perspective

[JeffBrad12]

Stable coins are good for all the company and institutions who pays their employees and clients by stablecoins. Why? Because from the name itself it says " stable".

it's not only can be used to pay their employees use stable coins but it can also be used to trade especially to avoid the volatility and stable coin is the best solution too. The existence of stable coins are helping us so much especially for people who didn't wanna trade use the coin to coin as pair.

[24Kt]

Stable coins are good for all the company and institutions who pays their employees and clients by stablecoins. Why? Because from the name itself it says " stable".

it's not only can be used to pay their employees use stable coins but it can also be used to trade especially to avoid the volatility and stable coin is the best solution too. The existence of stable coins are helping us so much especially for people who didn't wanna trade use the coin to coin as pair.

Stability of price is one of the benefits of dealing with stable coin. However, I believe you need to be careful when you decide to hold them for long term. Because you don't know the absolute truth about the asset backing it, as they may collapse anytime when the owners decide to abandon the project especially if the time comes that they do not agree with each other anymore.

[witbla]

I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview

[hwteeer]

I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview

I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation

[witbla]

I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation

The one I can definitely recommend you to have a look at is Centric token. This is entirely new standards on the field with really saturated roadmap

[hwteeer]

The one I can definitely recommend you to have a look at is Centric token. This is entirely new standards on the field with really saturated roadmap

Exciting, but can you please share more details on the solution, please?

[witbla]

Exciting, but can you please share more details on the solution, please?

Of course, yes. Centric is the world's first dual-cryptocurrency payment network. Its innovative and unique concept is engineered to achieve breakthrough as a reliable form of payment. But better Google them to have a closer look

[ahyadinnn]

Stable coins are good for all the company and institutions who pays their employees and clients by stablecoins. Why? Because from the name itself it says " stable".

it's not only can be used to pay their employees use stable coins but it can also be used to trade especially to avoid the volatility and stable coin is the best solution too. The existence of stable coins are helping us so much especially for people who didn't wanna trade use the coin to coin as pair.

in addition to paying employees, sometimes I use coin stable to buy digital products, it really helps because the costs are not much and the process is also fast, besides that I also use coin stable to trade

[nelson4lov]

Is those worth investments or waste investments.......?

Because if facebook libra is stable coin then it is wrong investment choice because many crypto investors look for profit coins i mean unlike stable coins they will like coins which get profits.

Stable coins were originally created to do as their names say, to be stable regardless of how volatile the crypto market is at any point in time. Soon, traders took it as an advantage for retaining their portfolio worth in  fiat currencies like USD and reverting back when the price went lower. This is one instance where using stable coins has been profitable. Aside from that, stable coins will be stable coins. In my opinion, Facebook's Libra tokens will be good for the crypto community not because they're profitable (which they aren't) but because more businesses and organizations will get aboard and support for crypto will span across more businesses.

[Lagduf]

Stable coins are not for investment, but to protect value your assets. Stable coins are widely used for trading so most likely the Libra project will provide convenience for traders in the market. I personally also use stable coins as my trading coins.

I do agree with you and it's more related to protect the value of our assets from the volatility, so many people have been facing huge losses caused by the volatility that happened with their assets, This is the best solution for this problem. Libra is dead dude

[havoc928]

Is those worth investments or waste investments.......?

Because if facebook libra is stable coin then it is wrong investment choice because many crypto investors look for profit coins i mean unlike stable coins they will like coins which get profits.

Stable coins were originally created to do as their names say, to be stable regardless of how volatile the crypto market is at any point in time. Soon, traders took it as an advantage for retaining their portfolio worth in  fiat currencies like USD and reverting back when the price went lower. This is one instance where using stable coins has been profitable. Aside from that, stable coins will be stable coins. In my opinion, Facebook's Libra tokens will be good for the crypto community not because they're profitable (which they aren't) but because more businesses and organizations will get aboard and support for crypto will span across more businesses.

Totally agree! Stable coins were created for store-of-value purposes. When people need a place to keep their capital away from the volatiles of the market. Stable coins don't have a lot of things to do with profit-earning transactions since their value doesn't fluctuate too frequently and dramatically. I think stable coins are the important factors of the market where we can store our money without worrying about losing value.