Help a newbie choose a better stable coin

[ampere]

I'm looking forward to store some stable coin for future investment, maybe probably when a harder bearish market takes place to buy coins for lesser price but I can't seem to figure with stable coin can make me have a good night sleep at night with zero worries, USDT? BUSD?

Sorry to disappoint you but stable coins are not a form of investment. instead stable coins are rather a store of value so storing stable coins would not increase their value. Secondly, at this time, i think it is very reliable to store stable coins in usdc or busd. And also, be sure to store your assets in a decentralized crypto currency wallet

[AmoreJaz]

I'm looking forward to store some stable coin for future investment, maybe probably when a harder bearish market takes place to buy coins for lesser price but I can't seem to figure with stable coin can make me have a good night sleep at night with zero worries, USDT? BUSD?

Sorry to disappoint you but stable coins are not a form of investment. instead stable coins are rather a store of value so storing stable coins would not increase their value. Secondly, at this time, i think it is very reliable to store stable coins in usdc or busd. And also, be sure to store your assets in a decentralized crypto currency wallet

to be honest, i am more confident with busd rather than usdt. as usdt admitted before about their non 100% backing of assets, what is the chance that they are still not 100% backed even if there are audits happening? but take note that if you are storing a stable coin, you are not aiming for profits here because the value is supposedly pegged always at $1. you are just avoiding high volatility of crypto in the market. the OP should think why he wants to store stablecoin rather than let's say BTC.

[savetheFORUM]

I don't think there are stable coins that are safe anymore, all of them have very terrible risks, seeing some cases that happened to UST makes everyone worried about putting their assets in stable coins because they can collapse instantly when there are some problems in it. for a while maybe USDT is still pretty good, but you have to remember to do it at your own risk.

Honestly, this comment actually leaves me sitting on a fence because to some extent, you are right about your suspicions  and to some extent, you are wrong because they aren’t facts.

A lot may have happened in the past with a few coins but when it comes to stable coins, there’s almost always an exception. USDT had issues time ago doesn’t necessarily guarantee condemnation for other stable coins. Good and reliable stable coins are still in the market. But, there could not be any prime reason for any crypto investor to continuously dependent on a stable coin hence we never need to worry on choosing a stable coin.