rodskee
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Activity: 2548
Merit: 205
yahoo62278
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October 10, 2020, 04:08:33 AM |
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Stablecoins might be a safe haven for storing one's assets but they provide very little or no room for growth except the user keeps hedging funds sold at the peak back to stable coins.
Why need to invest in stable coin when the sole purpose is to hold? we will still in waiting for a small profit,while if we risk in Ethereum or other altcoins that may grow in not longer than 1 year now? i will still keep on holding Bitcoin,Ethereum and Ripple than stable coins like usdt or other same form.
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Stavri
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October 12, 2020, 08:46:44 AM |
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there is no safe currency in crypto market. compare the prices between 2017 and now. There is no more than a few major coins that is higher at the moment. (Only bnb) When you invest in crypto be ready to loose them all.
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masterrex
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October 12, 2020, 02:44:32 PM |
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I think using the "SAFEST" word for investment or trading was not really right.
Because all investment or trading always have some risk and if you comparing the between other assets with cryptocurrency. Cryptocurrency has riskier but also the risk with profit still kinda worth it.
And about GSX, is really backed by gold? how we can verify that's. You know right all project who offering similar project like this especially "backed by gold" almost all of them was bullshit. The project i know who really backed by gold was GOLD Stablecoins, because they can prove it with the audit from Bullion Star. The price of token since the first time they publish the project was really following the price gold they rate using 1 Token = 1 Gram Gold.
I agree with your observation mate, The DIGITAL GOLD Stablecoins backup Gold is verifiable and you can do it here! https://www.bullionstar.com/myaccount/audit using this account (17081) and you can verify all the serial numbers of the Gold cast bars that were stored in Bulleonstar Vault in Singapore anytime you want thats why It has a guarantee that each DIGITAL GOLD Token in circulation is backed by physical gold. I believe that the Gold-backed stable coins are considered as the Safe heaven in crypto investment, But I'm not also throwing the potentials of the top cryptocurrencies like Bitcoin, Ethereum, XRP, BNB, and XTZ my top five choices.
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usekevin
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October 12, 2020, 04:05:07 PM |
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Only bitcoin and Ethereum was a good option on your list.Because you made a word of safest Because uniswap will not be a safest one from my knowledge.And USDT is the safer coin and not a safest as like bitcoin and Ethereum.Ripple is a good project as like a ETH,but it price was a stable one still now.
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hahay
Legendary
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Merit: 1056
Leading Crypto Sports Betting & Casino Platform
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October 12, 2020, 04:56:58 PM |
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Bitcoin, Ethereum, XRP, LINK, and next you can customize depending on your ability and confidence for long-term hodl. But for me personally, there are currently a lot of cryptos that will at least be good in the future and therefore, if you only invest in top coins, whether it's stable coins and / or other elements but at least they are ranked in the top, I think it's still an option which is good for long term hodl. Indeed, there is at least some reason to be long term hodl, but I personally only believe that there is still time for top-ranking coins to reach their new ATH when the crypto season comes.
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Shallow
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SmartFi - EARN, LEND & TRADE
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October 12, 2020, 06:01:37 PM |
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Having in mind that the crypto space is unpredictable and volatile, I won't say there is any coin or coins that is the "SAFEST". Price volatility is one of the things that drives people into looking into stablecoins but are stablecoins safe? I don't think so. This is because since most stablecoins are centralized rules out the idea of being safe. UNI on the other hand is very much early to start thinking it will keep being good, let's give it a bit more time to know if the team are equal to the tasks ahead. But yet, assuming that the word "SAFEST" can really work, then I would start by agreeing with your first coin and that is Bitcoin. Bitcoin will always remain the best to be in everyone's portfolio and this is followed by Ethereum. Another I would give attention to is BNB, reason being that the team are actually the best in terms of crypto exchanges. ADA and XLM are the other two that can make up my 5 Safest cryptocurrencies.
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MCobian
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October 12, 2020, 10:54:05 PM |
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For me there is no safe cryptocurrency to buy, even though Bitcoin has made me suffer a loss. So I am not buying safe cryptocurrencies, but rather profitable ones. So far what I know is probably the safest invest in stablecoins, because the price is always stable at $ 1. But what for investing in coins that are safe, but not profitable. Even though investing in Bitcoin and Ethereum not 100% safe, I still do it, because I want to get a big profit.
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Silberman
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October 14, 2020, 04:03:19 PM |
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For me there is no safe cryptocurrency to buy, even though Bitcoin has made me suffer a loss. So I am not buying safe cryptocurrencies, but rather profitable ones. So far what I know is probably the safest invest in stablecoins, because the price is always stable at $ 1. But what for investing in coins that are safe, but not profitable. Even though investing in Bitcoin and Ethereum not 100% safe, I still do it, because I want to get a big profit.
What people do not seem to realize is that something by itself is not safe you need to make it safe by your own actions, as an example lets look at driving a car, driving a car can be made safer by the way you drive and there are many people that have never been in accident caused by them, on the other hand you can also be a reckless driver and drive under the influence of alcohol or other substances and become an irresponsible driver, investing is the same, even if you invest in the best coin of the market which is bitcoin you could still make bad decisions, like those that bought at the top of the 2017 bubble, a decision that without a doubt was reckless to say the least.
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sgenuine
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October 14, 2020, 09:34:13 PM |
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there is no safe currency in crypto market. compare the prices between 2017 and now. There is no more than a few major coins that is higher at the moment. (Only bnb) When you invest in crypto be ready to loose them all.
I do agree. It will be a mistake to talk about some “safe” cryptocurrencies. The crypto market is always volatile, and the events in traditional financial market affect it a lot. The “safest” one (if we can use this word here) is Bitcoin only. BTC is the currency, which is going to live a long life.
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Sirait
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October 14, 2020, 11:39:01 PM |
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there is no safe currency in crypto market. compare the prices between 2017 and now. There is no more than a few major coins that is higher at the moment. (Only bnb) When you invest in crypto be ready to loose them all.
BNB, BTC, ETH, TRX & DOT are cryptocurrencies that are worth buying right now. I am not interested in DeFi coins because I think they are just hype and have no future. do not put your investment in the wrong crypto coin because it is very detrimental.
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grandpix
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October 15, 2020, 02:55:27 AM |
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there is no safe currency in crypto market. compare the prices between 2017 and now. There is no more than a few major coins that is higher at the moment. (Only bnb) When you invest in crypto be ready to loose them all.
BNB, BTC, ETH, TRX & DOT are cryptocurrencies that are worth buying right now. I am not interested in DeFi coins because I think they are just hype and have no future. do not put your investment in the wrong crypto coin because it is very detrimental. You recommend coins that are great for investing but you should also be interested in defi coins. If invested in the short term, they will probably bring great benefits to investors. Many major coins want to return to the top of 2017, which will take a long time.
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leea-1334
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October 15, 2020, 12:05:29 PM |
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You recommend coins that are great for investing but you should also be interested in defi coins. If invested in the short term, they will probably bring great benefits to investors. Many major coins want to return to the top of 2017, which will take a long time.
For the short term for sure,,, because at the moment it seems that Defi coins are like ICO coins. Fast growth and high boom periods but then long long bust periods. I am not getting my hands into defi for this definition,,, that they cannot even last 1 year.
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cryptofirm
Sr. Member
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Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
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October 16, 2020, 03:09:22 PM |
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I think using the "SAFEST" word for investment or trading was not really right.
Because all investment or trading always have some risk and if you comparing the between other assets with cryptocurrency. Cryptocurrency has riskier but also the risk with profit still kinda worth it.
And about GSX, is really backed by gold? how we can verify that's. You know right all project who offering similar project like this especially "backed by gold" almost all of them was bullshit. The project i know who really backed by gold was GOLD Stablecoins, because they can prove it with the audit from Bullion Star. The price of token since the first time they publish the project was really following the price gold they rate using 1 Token = 1 Gram Gold.
indeed, because all kind of investment is risky, especially in cryptocurrency and maybe the better words is low risk not safest and for sure the lowest risk cryptocurrencies to invest is bitcoin and ethereum
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whyrqa
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October 16, 2020, 04:43:27 PM |
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The top 5 safest cryptos to buy right now would probably be:
USDT USDC TUSD DAI
but if you want to be rich, you need to take some risk so take a look at $0xMR for a potential 100x.
Stable cryptocurrencies, which are practically the equivalent of the dollar, are only suitable for buying during a period of strong instability in the cryptocurrency market in order to minimize their losses. But in order to implement the plan for the acquisition of cryptocurrency, you must first set a goal for yourself, what exactly a person wants to get through their investments. You can not take much risk, and invest in Bitcoin or Ethereum, as well as in other rated cryptocurrencies on a long-term basis, and if you take full risks, you can study the DeFi projects market.
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#business #forextrader #bitcoinnews #invest
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