Less Volatile Coins

[Akiko]

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.

there is no benefit at all it is the same as storing your money in a place where other people cannot redeem it and it's only you can have that if you secured it in your wallet. But If you are looking for investment that's not a good choice it's better to deposit it in a bank at least you will interest annually than buying it in stable coins which will not give you any interest.

[hwtee]

Hey there. What I wanna say tech based solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

That's true. From my point of view, strategy that helps - getting deeper into the niche you are pretty experienced in. Because it makes it easier to analyze the found solution and understand its real value

[hwtee]

Yes. I am following bots prevention services. And the field is developing fast, even though there are not many unique solution on the market

The field is definitely in demand. Are there any bold solutions you can recommend?

[Wapfika]

there is no benefit at all it is the same as storing your money in a place where other people cannot redeem it and it's only you can have that if you secured it in your wallet. But If you are looking for investment that's not a good choice it's better to deposit it in a bank at least you will interest annually than buying it in stable coins which will not give you any interest.

There is so low ROI in banks as well they deduct fees yearly, it's not advisable to invest in bank or save a lot in bank as it didn't grow at all, better invest in stocks and wait till the market recovers. Bank is only good to store your emergency funds and some savings but not as a investment. If newbie find crypto trading too risky then they better study first the stock market and only invest in their known companies, or companies they used in daily lives not just to be a customer but as a investor this time.

[Febo]

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.

Stable coins are not cryptocurrencies. They are just coins that are backed by fiat money. USD, EUR or whatever. They will always be worth 1 unit of fiat they are backed by. Cryptocurrencies are volatile compared to other asset. Bitcoin and Monero are least volatile of all. Why? Because thy have use case and are also used beside just being speculated with.

[bigcash2011]

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.

It is useless to invest in or hold stablecoins like usdt or others, infact you can hold usd cash in your hand that will be better because you are not investing or making a wise decision by holding stanlecoins.
To be part of crypto market and take advantage of it you have to invest and hold crypto coins like btc, eth etc. The volatility of the coins is where the beauty lies and have changed many people financially.

[BayAngelo]

There is a reason for calling those coins stablecoin. you have nothing to loose they are available to hedge your funds to avoid heavy loss in the market. it is also available in the forex market where you can exchange your stock to fiat in order to avoid liquidity. if you wish to invest in stablecoins like USDT or dai and the rest, you have nothing to loose and nothing to win.

[Lorokan]

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.

Firstly, it is never profitable when you invest in stable coins, because it does not pump or dump. Secondly, investments options does not have favorites, instead you figure out what choices of tokens to invest in, do your own research about them, and make an investment choice.

Crypto currency is a volatile space

[carlfebz2]

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.

You wont be here on this forum if BTC isnt on your consideration but if you do get interest in USDT or GUSDT then its your choice but to think that if you do aim for profitability then you'll surely love volatile coins.

If you do tend not to risk your money on volatile coins then so be it and you do have the free will on whatever you should do but you can actually differentiate between things.

You are free to switch anytime 

[StephenJH]

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 altcoin without any volatility will tend to lose in both way commissions and this is not the way smart investors do on a regular day. The purpose of stable coins mentioned in your post is for protecting the trades from extreme volatility and instead of selling in fiat investors will prefer to wait for the right time in stable coins. Volatility is low on top-ranked coins in CMC and you can start with LTC, for understanding the basic trading.

[Distinctin]

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.

They are complaining sich a thing because, in the first place, they are investing in a thing that they never understand. Why there are a lot of people investing Bitcoin this time? Investing isn't magic, buy now, and gain profit after? No, it was not like that and sometimes it takes days, weeks, or even years to wait for us to gain more profits. Those people who suffered losses after investing Bitcoin are those you are impatient people, and they shouldn't have to complain because that is their fault also, not Bitcoin itself and the market.

[Emitdama]

Go invest into USDT if you do not want any volatility. Crypto is volatile and people are aware of this, they have always been aware of this and I do not think that anyone can deny the fact that when you get involved, that is one of the first things you find out about all crypto currencies.

If you do not want volatility, go invest into gold, there are few moments in golds history that made it volatile but 99.99% of the time gold is very dormant and you can basically buy and forget and in 50 years it will be very very high compared to fiat you are using.

If you want a bit more volatile than gold go buy stocks, specially trustworthy good old stocks, like banks or google or whatever, they will go up and down time to time but they will never be bankrupting that easily, unlike some small coins that go under 1 cent. Crypto is volatile, if you want to be here, you have to accept it.

[Jackl87]

Welcome to the crypto world OP.
The coins that you mentioned USDT and Gemini are so called stable coins, which means they have a fixed price of 1$ (maybe sometimes 0,99 or 1,01).
So if you want to invest money to make profit out of it you shouldn't buy this coins. They exist to store your funds without volatility.
Of all the other coins BTC is probably the one who has the lowest volatility of all.

[tvplus006]

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.

They are not investments. Those stable coins means nothing as an investment if that's what you're thinking.
There is no risk and volatility with those coins as if you're just holding a plain cash such as USD.

Keeping your savings in stablecoins is just as dangerous as in altcoins. If there is no goal to increase your capital, but only to save it, it is better to continue to keep your money in dollars or euros. Well, if there is such a desire to make money on the volatility of the cryptocurrency, then the first step should be to buy bitcoin and Ethereum.

[mersal]

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.

there is no benefit at all it is the same as storing your money in a place where other people cannot redeem it and it's only you can have that if you secured it in your wallet. But If you are looking for investment that's not a good choice it's better to deposit it in a bank at least you will interest annually than buying it in stable coins which will not give you any interest.

Saving our money in the bank is also not really a good advice, it would be a big achievement even if we make 1% per annum through the interest because to get the net returns we need to subtract inflation rate from annual interest rates.Staking stable coins also do the same thing as saving money on bank accounts but both are not really worth it.

[southerngentuk]

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 don't really understand why invest in stablecoins?
Stablecoins are bought to trade on cryptocurrencies, but now many exchanges allow trading in fiat / cryptocurrency pairs.
Read this thread, here you will find many helpful tips and titles of books to read
https://bitcointalk.org/index.php?topic=5262967

Some times the local currency of a country is so volatile that people would rather shield their money even against that , countries like Venezuela, Iran , Cuba , have difficulties with keeping the value of their money and I think Stable coins are the best ideas for them .

[kenelmark]

Some times the local currency of a country is so volatile that people would rather shield their money even against that , countries like Venezuela, Iran , Cuba , have difficulties with keeping the value of their money and I think Stable coins are the best ideas for them .

Yes, but only a few countries are like that, not included in all countries, but for stable coins I think it is very suitable for use by anyone and in any country, especially if the aim is to protect the value of assets or currency.

[emrecemsan]

In the cryptocurrency world, the price of a coin can change so quickly. Dramatic changes like increases or losses of the value of coins should be considered in the bitcoin exchange since it is a very volatile market. If you cannot take this risk, I think the cryptocurrency world is not the right place for you. It was said above that bitcoin prices are stable but I strongly disagree with this. You can better understand what I mean if you take a look at this year’s bitcoin chart.

[isaac_clarke22]

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.

Lost or made a loss?
If you mean by lost, then it's either they got their wallets hacked and lost all their BTCs. If you're responsible to your wallet as well as your private key, you don't need to worry.
If you really mean by losses, then you shouldn't worry for coins like BTC if it is even volatile. It's been like that since, and people are still holding and believing on it. The volatility isn't so bad when you finally get used to it.

[Novatech8]

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.

You have a lot to learn, I suggest you should spend time learning about the difference between altcoins and stablecoin, for example Tether ( USDT ) and Gemini USD are both stable coins, investing on them won't earn you a dime, you buy 1$ worth of stable coin you will get 1$ forever, you aren't qualified for earning yet, spend time on learning first.