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Author Topic: Less Volatile Coins  (Read 1373 times)
Xembin
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September 25, 2020, 12:39:37 PM
 #41

You can invest on less volatile coin if only you can carry out your personal research to know the less volatile coin to invest.
I guess bitcoin should be the less volatile you can invest your coins which it hard to lose profit at the end of the investment. As a newbie like you, you will found some newbie, who are into volatile coins to take the risk and start making profit in the investment.
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September 25, 2020, 03:03:24 PM
 #42

You cannot earn profit with the use of the movement of the volatile if you make an investment with a stable coin. The trading on this becomes nonsense because there is no movement. Also if you want to have a less volatile coin mostly they are the centralized coins and the people who have a lot of investments are the only can possibly make a large movement of uptrend or downtrend.

If you want to avoid the risk it's better to store your funds with the bank by this you don't need to worry about getting volatile.

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September 25, 2020, 08:42:50 PM
 #43

You can see OP is a newbie when he starts talking about "volatile coins likebitcoin".

If you think Bitcoin is the volatile one you should spend some time in the altcoin section Wink Bitcoin is actually one of the least if not the least volatile.

I keep telling you people taht stablecoins cannot be used as investments. You are better off investing on forex than trying to make money holding USDt.
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September 25, 2020, 08:51:52 PM
 #44

I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

If you need to invest in tether, it is better you keep your investment in fiat (US Dollar).  Also note that investing in Tether is risky, because it is not fully backed up. Not many people know about about this.

I never keep my funds in Tether.  Either i have bitcoins, altcoins or fiat currency.









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September 25, 2020, 09:02:11 PM
 #45

You can see OP is a newbie when he starts talking about "volatile coins likebitcoin".

If you think Bitcoin is the volatile one you should spend some time in the altcoin section Wink Bitcoin is actually one of the least if not the least volatile.

I keep telling you people taht stablecoins cannot be used as investments. You are better off investing on forex than trying to make money holding USDt.

Actually OP is comparing bitcoins with stable fiat currency. Since the fiat currency is non-volatile, many people who are new to crypto currencies may find bitcoin to be very volatile. However who are using bitcoins and altcoins for some time, will know that bitcoin is the least volatile coin amoung all digital currencies.

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September 25, 2020, 09:32:20 PM
 #46

I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

So what's your point on investing on stable coins? since you might now get a return from it if you prefer to hold, But it coule give you a security if you don't want to get caught by volatility if your away. But you can also use that for your trades since its still have pairs on several exchange.

But you will miss the big opportunity of bitcoin once it pumps harder, try to see and read some articles on what happen on year 2017 and might it will get your interest on volatile coin but just select the top since this is most likely been chosen and have higher chances to revive back once the dump happens.

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September 25, 2020, 09:54:38 PM
 #47

It is true that as a newbie, there are a lot of doubts about these fast movements since you never know what is happening or why is that happening. The best thing to do is just to invest and eat up your fear. When I first joined, I hesitated and instead of me buying at a three-digit price, I bought late when the price is already increasing. For now, bitcoin may be volatile but it could be anywhere in the near future rather than a USD.

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September 26, 2020, 01:57:26 AM
 #48

I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.

Stablecoins are just that, if you want not to have volatility, the safest thing is that you look for a project based on gold, any altcoin will depend solely on Bitcoin, and the volatility in those currencies will be much stronger than Bitcoin.

Some coins survive in the exchanges due to the practices of the Pump and Dump, but taking into account the events of this year, it is very difficult to find an altcoin with low volatility, they will always obey the movements of Bitcoin.

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September 26, 2020, 07:35:11 AM
 #49

I was once a beginner investing in coins, I had doubts about investing in digital currencies I was afraid my money would be lost, I got a suggestion from a friend to buy Ethereum coins and save it and now I get a profit, my advice is a beginner to buy potential coins and you will benefit like me.

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September 26, 2020, 08:54:21 AM
 #50

I was once a beginner investing in coins, I had doubts about investing in digital currencies I was afraid my money would be lost, I got a suggestion from a friend to buy Ethereum coins and save it and now I get a profit, my advice is a beginner to buy potential coins and you will benefit like me.

nice of you that you have a supportive friend unlike to the friend i know that he did not share his crypto knowledge to us his friends but we did stand up on our own and now we are as good as him .

eth was once a good coin and a newbie friendly but now eth is now complicated  . we are lucky that we are early to know eth but for the new comers eth can be a little tricky  but theres more of those coins that have a potential not just eth  . less volatile coins are a perfect fit to the beginners
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September 26, 2020, 08:57:59 AM
 #51

I was once a beginner investing in coins, I had doubts about investing in digital currencies I was afraid my money would be lost, I got a suggestion from a friend to buy Ethereum coins and save it and now I get a profit, my advice is a beginner to buy potential coins and you will benefit like me.

If you invest in a crypto coin, you will face every coin's volatility, and if you can not find the potential coins, you will not make a profit. You are lucky to have ethereum as your investment so that you can make a profit. In the crypto market, you will find the other potential coin difficult because you need to analyze one by one to get that coins. If you want to invest in the less volatility coin, you can use a stable coin that is not too volatile than the other coins, but I don't think that the profit will be bigger than the other coins.
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September 26, 2020, 09:38:12 AM
 #52

I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
Investing in Tether doesn't make any sense: best case scenario, Tether keeps costing $1 per coin, and you have the same sum you invested (minus the fees). Worst case scenario: following investigations proving that this coin is not as backed up as it should be, people start panic selling and the coin explodes, so you lose the investment. Bitcoin is not that volatile lately. So yeah, you might lose, but you can also win, especially long-term.

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September 26, 2020, 10:04:52 AM
 #53

I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
I'm not a newbie and at the same time I'm not an expert in investing but I don't see any reason why you need to invest on dollar-pegged coins like tether, GUSD, BUSD and the like.

In cryptoworld, all of the coins are volatile except for these dollar-pegged coins so if you want to invest in to crypto always take note that the risk is high in this since the volatility can eat your money in just a few days. Many lost their money already into this because they can't take the volatility of it. Still, I don't see any reason to invest in dollar-pegged coins and hold it for quite some time unless you are trading in futures then you will buy USDT Cheesy.

 
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int03h
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September 26, 2020, 12:04:06 PM
 #54

If you invest in Gemini USD or Tether, it's best to leave your money alone. The returns are almost zero with the above.
Investing in cryptocurrencies requires both technological, industrial, and market knowledge. It's best to learn before putting your money into something.
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September 26, 2020, 06:02:32 PM
 #55

I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
Less volatile? Tether is not volatile in anyway, it’s a stablecoin. So, if you invest in Tether it would be just like when you’re holding the USD in your wallet. I make use of the Blockchain wallet and they have two stablecoins in their wallet that you can make use of : Tether and USD-D, if you’re holding these two coins you’re just holding dollars and that’s why they don’t have any chart on the platform, your $1 is simply that same $1 all year.

If you have plans to make profit you will have to still go for the coins that are volatile just like Bitcoin and Ethereum. The thing is that you have to raise money that you can risk and invest in these coins at the right time.
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September 26, 2020, 07:09:06 PM
 #56

Stable coins are not an investment but you could save yourself losing value in the long term if you sell some of your bitcoin for stable coins while its up high then later when it crashes use your stable coins to
buy more bitcoin. It's probably better to diversify like I just said then go either one way.
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September 27, 2020, 10:20:12 AM
 #57

Stable coins are not an investment but you could save yourself losing value in the long term if you sell some of your bitcoin for stable coins while its up high then later when it crashes use your stable coins to
buy more bitcoin. It's probably better to diversify like I just said then go either one way.

Somehow we can call it a temporary safe asset but actually we can earn with on this by using it on tradings since it has so many market pairs which is volatile and for me somehow its a good coin selection for those people who easily get panic with the bitcoins movement or other since they can leave the stable coins without worrying for the price to get dump. But the holder of table coins cannot earn on it when price of alts became alive since this coin doesn't move and not good for long term holdings if we seek some profits from it.

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September 27, 2020, 11:44:05 AM
 #58

I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
Actually it depend on your capital, if you spend huge money like $5000 then you will see how volatility of USDT or another stable coin, your capital will increase and decrease quickly depend on market movement.

For newbie, I think there is no safe place/coin to invest, it will be better to you to learn first about crypto currency and learn how to trade for at least the basic knowledge to trade. So as you will know when a good time to buy the coin or even you still have a chance to hold it for long term investment.
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September 27, 2020, 02:43:49 PM
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I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
But what you are going to make from investing on a stable coin? It is neither going to increase or decrease which means it is not really an investment though.Bitcoin is highly volatile but its highly profitable unlike other shit coins so don't waste your time and money when you are a newbie it will result into a hate against crypto investments for the rest of your life once you picked the right coin.
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September 27, 2020, 02:47:45 PM
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with customs on authorization as uses with the past terms of manage with literacy on blockchain, student might defines of one on decision as referring use of limit as expending risks and resource to work on distinct with strategy, and gains on extent as exchanging expends with the returns on possession.

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