meanwords
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August 12, 2020, 02:53:17 AM |
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Nice try advertising your project as second in the list. lol Tether is so far the best stablecoin in terms of every corner like volume, acceptance etc. And I would list makerdao to 2nd on the list. I have used both times to times for taking profit when coin price gets pumped. By the way, I think I have seen another project with the same name of yours.
As an investment? Not a chance. Almost all stablecoins doesn't even yield profits anyway compared to traditional cryptocurrency. Especially that this are fiat-backed coins that doesn't really change in price at all. Also, Tether is a dangerous investment since they currently have an issue in their audits and they are being questioned all the time. I suggest to OP that he add at least one gold-backed stablecoin since they are hot topics too.
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X-ray
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August 12, 2020, 03:47:08 AM |
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It's stupid if you invest in stablecoins in this market, and you won't make any profit from it. I think you should invest in Defi projects because they are very popular in this market. Prices may be increased several times after listing in exchanges
DEFI is getting a very big hype and it's better to invest on it. The new defi is also really promising right as it has already got so many demand. Stable coin is not to be considered as an investment. As long as you can get the right now and instant return is possible.
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AmoreJaz
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August 12, 2020, 03:54:53 AM |
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It's stupid if you invest in stablecoins in this market, and you won't make any profit from it. I think you should invest in Defi projects because they are very popular in this market. Prices may be increased several times after listing in exchanges
DEFI is getting a very big hype and it's better to invest on it. The new defi is also really promising right as it has already got so many demand. Stable coin is not to be considered as an investment. As long as you can get the right now and instant return is possible. but not all DeFi projects are profitable as most of them are just riding the bandwagon. you need to be careful in choosing a DeFi project to invest with. tbh, better stick to established ones like maybe Chainlink. in terms of investing in stablecoins, you should not expect profit on this because stablecoins is not meant to deviate big from its original value, thats why it is called stable coin. and you are investing on this to avoid volatility in the market and not because you want to earn profit in long term.
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DevilSlayer
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August 12, 2020, 05:25:42 AM |
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In its name which is "stable" you can already find out that this is not good for investment because its price is not volatile where it considered as stuck or stable. I do not think stable coins are best investment because it is just a waste of time and effort especially today where the cryptocurrency market is now trending. Find a cryptocurrency where it has good volume and liquidity while it is trending because for sure there is a high chance that the market will rally due to the emotion of the market which is greed that present in the uptrend market.
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shaheer001
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August 12, 2020, 06:52:28 AM |
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All the stablecoin are not for investments there are good whenever the Crypto market going down or crash and the traders want don't want more losses then they exchange the crypto with these stable coins.
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Erumo
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August 12, 2020, 10:24:52 AM |
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Agree with what above 2 posts say. What a stupid way to invest in a stable coin. Stable means "not changing" or "has no impact" from others. If you invest 10 US dollars in USDT, in 1 year or in 5 years, you will have 10 US dollars. It is same as asking what is the best petrol to fill the car with so it would just start and drive. The answer most probably would be just use any petrol. Dont invest in stable coins, just use them to wait out the storm on the market.
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You mess with the meow meow You get the peow peow
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jpnl0006
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August 12, 2020, 01:29:01 PM |
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Firstly, Investment is any financial commitment that guarantees a proftiable return on investment. I do not see how stablecoins that are peged to specific a fiat would acts as an investment.I know that stablecoins canbe tied to certain assets too but its depending on those assets to increase in value against a stablecoin and not the stablecoin itself.
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lizarder
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August 12, 2020, 01:45:57 PM |
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Stablecoins only help investors secure their capital when the market is volatile, it is not good for you to invest because it will never go up in price and bring you profits.
Actually, it is true that stablecoins are only used to secure capital, but it is possible to invest with stablecoins with savings program and every year we get 5-10% of the total stablecoins we invest, but in my opinion this method is a little useless, especially if you only have a few stablecoins.
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Pasutinmeur
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August 12, 2020, 02:16:13 PM |
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Stablecoins only help investors secure their capital when the market is volatile, it is not good for you to invest because it will never go up in price and bring you profits.
Stable coin is not an investment instrument and it has already made to give the best solution to the volatility problem because there were so many traders and investors who have been getting a lot of problem with the volatility in the market.
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FairUser
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August 12, 2020, 04:55:25 PM |
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Stablecoins only help investors secure their capital when the market is volatile, it is not good for you to invest because it will never go up in price and bring you profits.
Actually, it is true that stablecoins are only used to secure capital, but it is possible to invest with stablecoins with savings program and every year we get 5-10% of the total stablecoins we invest, but in my opinion this method is a little useless, especially if you only have a few stablecoins. How to get that profit? 5-10% a year is a pretty great and stable investment. If someone has a large amount of money and wants to be safe in this market, they can choose this investment.
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StreakW
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August 12, 2020, 05:01:40 PM |
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Seriously? Stablecoin for investment?? Stable that's means stable, you know it, right? $1 today and $1 next year. I think no one choose stablecoin as an investment. We use stablecoin to secure funds if we don't know about market situation, not as investment
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mersal
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August 12, 2020, 05:03:49 PM |
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Stable coins = stable value = no volatility = no profits
So you can't consider a stable coin for investment purpose, all you need to do is to find the coins with volatility, more volatility means more risk and more profits while less volatile coins are less risky and also less profits.
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DarkDays
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August 12, 2020, 05:04:33 PM |
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Lmao, imagine creating an article about which stablecoin is the best, then straight up admitting that your own coin (titan coin) is inferior to Tether.
People only care about liquidity when it comes to cryptocurrencies, so far, Titan Coin has practically none and is highly unlikely to change any time soon.
Do you really think people are going to wait around for Titan Coin to get listed on their favorite exchanges so they can trade it with the pairs they want?
Realistically, that's not going to happy.
I bet that Titan Coin will be an obscure memory by this time next year, just like most newly released stablecoins with nothing new to offer.
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unusualfacts30
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August 12, 2020, 05:10:48 PM |
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I am not really sure about this. Stable coins are generally not for investment purpose but only to use them to invest in other coins. Their growth is stable and there isn't much room for growth so your investment will not grow. I personally think tether is the best stable coin and it has been stable for a long time.
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usekevin
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August 12, 2020, 05:44:24 PM |
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Some of the coin you had mentioned is stable coin. But some was not a stable coin. TUSD is a good stablecoin, but bitcoin and Eth was not in your list. Why? I don't know how you skip the stablist coins, in your list. And with this, people get less profit in this coin. To gain more profit, they should find a potential new coin.
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kindbtc
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August 12, 2020, 06:41:57 PM |
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UsdC is very authentic as it is backed by coinbase and company which is regulated and fully compliant with financial rules, regulations and policies of major countries where it operates so naturally it is the top choice for me.
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rexxarofmoknathal
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August 12, 2020, 06:52:41 PM |
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I think the best stablecoin are those who can offered a significant option to get some profit. If you are a defi fans then you go for those stablecoin that guaranteed profits through lending and some savings featured that generate profits.
I agree with you that among the stable coins out there some are arguably better than others. For instance on some of these coins you can get a healthy return just by holding the coin by means of interest rates which may vary from exchange to exchange. What I can say at least for USDT is that this interest rate can be ~ 8-12% APR which is not bad considering that you're only trying to hold your money. Far better interest rate than a regular institution though
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Sterbens
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August 12, 2020, 06:52:52 PM |
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I only keep coins stable when the market is crashing so I am more secure with USDT or other stable coins because it prevents this risk, but to invest I am not sure because there is no big profit even though there is no fixed risk for me bitcoin and other altcoins profitable to invest.
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albon
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August 12, 2020, 08:15:43 PM |
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Some of the coin you had mentioned is stable coin. But some was not a stable coin. TUSD is a good stablecoin, but bitcoin and Eth was not in your list. Why? I don't know how you skip the stablist coins, in your list. And with this, people get less profit in this coin. To gain more profit, they should find a potential new coin.
Bitcoin and Ethereum are not stable coins but rather volatile coins whose price changes constantly from time to time, As for stable coins, their price is fixed against the US dollar, meaning that if you invested any of the stable coins, you are in this case keeping your money from the risk of changing its price, such as volatile coins. The stable coin that I prefer over the rest of the stable coins is USDT.
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lenovop-70
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August 13, 2020, 04:20:55 AM |
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Stable coin is not for invest, its more like fiat on our daily use like most guys said above, so dont choose it as your saving, if you ask me, ill prefer put in BTC or ethereum as my yearly investment, buy it in the beginning of year, and start sell it on the middle year until end of year. and its work for me atleast 3 years by now. And dont forget to watch good alts project launched, it may be your bonuses of investment.
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