Bitcoin Forum
June 15, 2024, 06:14:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: There is no ROI if the crypto is a stablecoin  (Read 341 times)
tabas
Hero Member
*****
Offline Offline

Activity: 3038
Merit: 747


Top Crypto Casino


View Profile
July 09, 2020, 09:35:45 AM
 #61

That's the right description about stable coins but it's not that many of them at all. There are actually a few of them that are popular.
Does anyone invest in stablecoin? I have never heard although it's possible to get a little profit sometimes. However, people use stablecoin to fix their profit or stop their loss by converting their coin to stable. There's no other use of stablecoin then this.
Probably a newbie that doesn't understand it if he/she buys it, they will think that they have invested on cryptocurrencies.
You are right, sometimes there are few people who have never or lacked research into the coins that they will invest in and think about if they buy at a good price for long-term even though all of that is wrong. There are still many newbie with minimal information about stable coins.
I have encountered some of them before that they thought that they have already invested as long as they buy a coin of their choice. But the part that they didn't know if they buy a stable coin, there's no volatility in it.
The value remains as is and they can't profit from its movement.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
Mighty_crypt
Member
**
Offline Offline

Activity: 784
Merit: 21


View Profile
July 09, 2020, 09:39:35 AM
 #62

Stable coins developers don't create stable coins to raise funds like many ICO projects, the purpose of these coins is to keep your USD valued at a stable price digitally, its a very very useful use case, that's why many new stable coins are showing up this days, be careful which one you choose

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬   DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
tiang_tower
Full Member
***
Offline Offline

Activity: 826
Merit: 100



View Profile
July 09, 2020, 10:23:47 AM
 #63

Stable coins developers don't create stable coins to raise funds like many ICO projects, the purpose of these coins is to keep your USD valued at a stable price digitally, its a very very useful use case, that's why many new stable coins are showing up this days, be careful which one you choose
True, stable tokens that are made to keep dollar prices in general are good stable tokens that are very useful for everyone, and if someone chooses another stable token or a new one, then the risk will obviously be huge for him.
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!