Which Stable coin is the Best for Investment This Year

[Ronny29]

Stablecoins are not good for investments, because profit is so low.

[taunitsed]

are u really think that stablecoins are created for investment?)) i always thought they are used mostly for backing up risks of cryptoinvestors... for investing is better to check defi for now or new dex projects (as a suggest)

also don't understand the concept of investing in stablecoins- usually we mitigate risks of cryptoinvesting with stablecoins. i prefer to invest for profit in dex projects, too

besides, just found new dex project - xsigma. looks credible - they have a good business model 

[KennyR]

Stablecoins aren't meant for investment, because the value of will be the same today and after years. There might be very small deviation in the market, but we can't expect big rise in the market. These stablecoins play a big role in the trading practice. Came across a thread Trader made 89% profit in minutes. Have anyone experienced it..?where an user made a big profit trading stablecoins.

[X-ray]

Stablecoins are not good for investments, because profit is so low.

No one will give you advice to use the stable coin as an investment because that's not the main purpose of stable coin. So many people are using the stable coin to earn the passive income from the dividend and lending service.
You can't expect a huge gain from the stable coin caused by it's created to fix the volatility in crypto when people were not able sending their money with the stable value.

[sophwest]

are u really think that stablecoins are created for investment?)) i always thought they are used mostly for backing up risks of cryptoinvestors... for investing is better to check defi for now or new dex projects (as a suggest)

also don't understand the concept of investing in stablecoins- usually we mitigate risks of cryptoinvesting with stablecoins. i prefer to invest for profit in dex projects, too

besides, just found new dex project - xsigma. looks credible - they have a good business model 

i heard about them, besides. they are backed by a public company, and have a team from Amazon and ripple

[LiverLamas]

i don't know about TTN but i agree with USDT, USDC and DAO since i always trade it most of the time

[MCobian]

It looks like the opening post is wrong if you consider Stable coins for investment, because if we invest in stable coins, we can't make a big profit.
Because the price is the same as the fiat price, so investing in stable coins is the same as investing in fiat. I bought stable coins only for saving
trading capital, so my capital will not be affected by the volatile crypto market, so if I find good coins it is at a low price. I will convert the stable coins
I have into these coins. The best stable coins are USDT, besides being most popular compared to other stable coins. USDT is also very high volume,
so it is very safe to buy USDT.

[meldrio1]

He just shilling the titan coin look at the name who started the thread and the titan coin is not a stable coin . I don't know why this OP can tell stable coins are the best investment. Try to hold stable coin for long term then let's see what will happen the price in the future lol.

[frank07a]

I suggest paying attention to Nem coin. In my opinion, the coin has a good upward trend. Here you can see the price prediction for this coin.

[Gorosden]

You can't invest on stable coin, there is no way to make money when holding stable coin so what is OP talking about here? The only way to make money out of stable coin is to lend them out on platform like binance exchange, if you buy 20$ USDT it will remain 20$ forever

[DarkDays]

This is exactly what am I thinking when I read this, you cant gain from holding a stablecoin since the price is stable and doesnt have volatility.. Obviously the best Stablecoin too would be USDT and TrueUSD

Basically all stablecoin tokens are good and have no volatility because their value is always stable and refers to the value of the USD currency in general, this is something that many people have known in the past.

That's true but given the law suit that has been filed against TUSD because their funds have never been audited properly-a huge deal if they don't have all that TUSD backed up by the $ at 1:1 ratio- if I were you I'd keep away from it. Instead, you could use the other stable coin alternatives like the USDC.

TUSD has been a concerning issue for many years and even to this date there has been no proof that their tokens are fully collateralized.

[gaston castano]

but wait, why will you invest in stablecoin that will not give you profit because itsstable and most people use it for out of the market and looking for good opportunity to in.
if you sill want invest to stablecoin so my advice is tether or usdc, that the best stablecoin for now.

[illnino]

I think what Op means is what is the best or most trusted stable coins to convert your digital assets or to convert your fiat, personally on Tether I really dont trust this stable coins because of many issues on past few months no one knows if I will dissolve anytime..busd or usdc is more trusted for me.

It seems to me that DOT is a very interesting option, but so far it remains obscure. It is very difficult to predict what will happen next.
Everything is clear with Ethereum and Bitcoin. I think we need to wait for the decline, or even Bitcoin and Ethereum are at their peak. Therefore, there is no need to make hasty decisions now.

[lixer]

Stable coins are not an investment, and if you check some wallets like Blockchain, these stablecoins don’t have any chart since holding them is the same as holding a dollar, so when you hold a stablecoin you’re not getting any profit, it’s going to remain the same value that you invested there which is one dollar to one dollar.

By the way Tether might be facing serious crisis or maybe not, you should have mentioned that there. From the list you have provided, I am only going to choose DAO and PAX, the two are very good as of now but not sure what our future is having to surprise us; so we need to be prepared to face anything which means we need to diversify if you opt to hold some stablecoin as well.

[Chainsmokers]

I think it's too bad to invest in stable coins because the movement seen on stable coins only defense and it's hard to go up or down to takes a very long time if it pump better to find other coins to invest in one of them some of the top coins litcoin may be one of the best investments

[bounceback]

What for keep investing on stable coins, I think if you wanna keep your money stable better save on the bank or keep hold on USDT value. Better looking for high risk coins to invest when reach up you can get maximum profit but you need ready when bad news could make your coin dump, I think with worth coin to buy ethereum, litecoin and you can try with TWT coin because will list on Binance today. Just waiting with most pump to higher price.

[inanilujimi]

maybe my choice is BUSD, the reason is quite simple if you want to staking BUSD on an exchange or a program that is currently staking on Exchange Binance , you can get new altcoins that will later be listed on the stock exchange, with the BUSD value that doesn't decrease, you can get new altcoins, of course this is a good investment in the long run though the returns will not be as big as when you trade, or the highly volatile altcoin investment.

[Globb0]

A stable coin could be tempting if it will hold to the dollar in the next big dip.

[Globb0]

Stable coins are not appropriate for investing by any means! Stable coins are appropriate for putting away our capital out of the unpredictability of the market. The motivation behind investing is to acquire benefits out of the vacillations of the price. Stable coins is made to keep their value stable, how might we acquire benefits out of it?

Yeah but, can a stable coin go to zero? or not?

[Ozero]

Yeah! There are many stable coins. The most reliable of all them seems to be USDT and Binance USD. TrueUSD is also rather good. Stable coins are not profitable by themselves, but they are useful especially when you expect market collapse and want to fix your earnings or want to get fix price but stay anonymous to your employer.

Yes, stablecoins are very good for dealing with cryptocurrencies, however, they cannot be profitable by themselves. They consistently have the fiat price they are provided with. Stable coins can rise or fall in value along with this fiat money, however, their price will always be equal to one fiat, sometimes with slight deviations.
Soon, the digitized currencies of the central banks of states will appear in large quantities, that is, stable coins of states, and then people will know more about the properties of stable coins.