knowledge What is the difference between stable cryptocurrency and variable cryptocurrency ?

[Lo97 52]

We all know digital currencies are cryptocurrencies on the blockchain network that have been programmed to facilitate payment operations, and one of the most famous of these currencies is the Bitcoin currency, and this currency has witnessed major price changes throughout its history, for example the price of the currency has increased and there is also the ether currency, which is one of the largest and most famous These currencies and thus the price of these currencies changes from time to time according to the difference in supply and demand in addition to several other market factors that we had previously proposed, and in the presence of these changes, some may ask whether there is a possibility to save money in the world of digital currencies without changing its value after the issuance of these digital currencies Some new currencies that maintain a fixed value despite market fluctuations were launched called fixed currencies, to which investors can convert their changing digital currencies to

[Muhammad umer 193]

The difference between them is that the stable means the value of currency is not changing day by day, and variable means the value of currency is changing after day or some times.

[MK AHMAD 1134]

According to my own understanding on the difference between stable cryptocurrency and viable cryptocurrency firstly we need to know what stable and viable is, so stable cryptocurrency is the currency that have a fixed price which take long time before changing while viable cryptocurrency are currency that are fluctuating due to market situations or market strategies 

[Iman33 0]

Thank you for this clarification. It is important to have fixed currencies in the currency market to lead the market if there is a decline and to maintain their prices despite the fluctuations.

[AL SHAIMON 1293]

I think both stable crypto-currencies and variable crypto-currencies are most important for the market. Traders need both coins for doing there job. Stable coin gives them a chance of holding their coins. That's why they can do their work with their investment. 

[Chaduhary Haseeb 83]

I am not started a work as trading. So I didn't know much about this currency. What is the difference between stable crypto currency and variable currency? I want to now about trading profits and loss plz help me.

[Reyna 576]

Well, not all the stable cryptocurrencies are fixed it's price, like as you said above that USDT (Tether) is one of the stable coin but USDT has a good potential in the market right now by showing some good performance in terms of its price, many people are investing with USDT because it's worth it, they're getting a good amount of profit.

[Techman 197]

Some stable or fixed price crypto currencies like USDt is significant for maintaining the value of cryptocurrencies when the market is not longer favourable for coin while variable coins are good for generating profit such as BTC eth or LTC

[Arslan Ch 2163]

Very informative and useful post and You explained the difference really well.It is a very good post for the beginners to learn about these points so I appreciate you for your good work.I think every trader always look for stable currency for trading as it has low risks of losses.

[SimKyubok 27]

Your post is very informative  but you just named them wrong. These are Stable coins & cryptocurrencies not variable one. Stable coins are backed by some physical thing like gold. So they are not volatile.

[Umair Shahid 130]

Thank you for your such a informative post your post helps me a lot because I am new user. By reading your post I came to know that stable currency is necessary. Keep posting this type of content which is to be useful or helpful for new users.

[jack88 427]

Hello dear friend, thanks for this illustration of the difference between fixed and variable cryptocurrencies. Really nice and can be gotten about the differences between stable and volatile cryptocurrencies. I think it is a good opportunity now to use fixed currency to make good profits in the platform.

[Mohammadnour 1372]

This information is new to me so thanks for this topic, I think it is important to have fixed currencies because they represent a break stage in trading between cryptocurrencies.

[Chakomakasi0123 52]

The difference between variable currency and stable currency is plain because its not something that is difficult to explain to peoples that know it very well but it might be difficult to those that doesn't know well about it.

[MoralStories 1127]

we know that stablecoins are necessary now in order to make trading and keep our money but can you tell us how it is at the same size and it will not move up

[Sandra98 199]

There are many stable currencies now, and these currencies are very important in the cryptocurrency market for traders, in order to stabilize their balance when they expect a general decline in the prices of cryptocurrencies, so that Binance has its own stable currency, which is BUSD.

[scorpiali 5626]

Great post I have enjoyed my time reading the post there is a lot of information that we should know specially for new users who search for knowledge, yes there is a lot of different between stable coins and normal coins 

[milyapsak0901 693]

Both of them are important, all we have to do is deciding when to convert stablecoin. In crypto markets when we make profit from variable currencies and if we think price will decrease we'll buy stablecoins for protecting our profits. If you never convert stablecoins your profit can melt after a while.

[Ali ul murtaza 32]

Stable cryptocurrency is that which does not change with respect to time and the variable cryptocurrency is that which change with respect to time.

[Jack Ragnar 78]

Changes between stable cryptocurrency and variable cryptocurrency is that stable coin may be a modern lesson of crypto cash that endeavors to offer cost solidness and are sponsored by a save resource where as variable cryptocrypto monetary standards that are fluctauting in esteem their esteem shifts. Stable cryptocurrency is more profitable.

[Dabotaifi 22]

Hello guys can someone help me in cyptoltalk to salve me this question because I don't have much knowledge in this topic

[Lion heart 71]

On 11/14/2020 at 1:57 PM, Emma William said:

What is the difference between stable cryptocurrency and variable cryptocurrency ?

 

 

As we all know digital currencies are cryptocurrencies on the blockchain network that have been programmed to facilitate payment operations and one of the most famous of these currencies is Bitcoin, which was the first digital currency that was created in 2009.

After that, many other cryptocurrencies were included, as these cryptocurrencies were divided into fixed cryptocurrencies and variable cryptocurrencies.

Variable cryptocurrencies

The most important characteristic of these currencies is their price change very quickly!
That is, it is never stable!
But why ?

 

Bitcoin has witnessed major price changes throughout its history, for example, the currency's price rose from several cents to $ 17,000 in 2017.

And there is also the ether currency, which is one of the largest and most famous of these currencies, which also started at a price of several cents and recorded nearly 1,000 dollars in 2017.

Thus, the price of these currencies changes from time to time according to supply and demand, in addition to several other market factors

Stable Coins

 

Fixed cryptocurrencies are a digital currency that has been encrypted and programmed on the blockchain network, but unlike variable currencies such as Bitcoin, these currencies maintain their price despite market fluctuations.

What are these currencies used for?

Saving profits: resulting from the rise in the changing currencies in what is known as freezing profits among traders

Payment operations: as they are used to transfer money from person to person like other digital currencies, but with the guarantee of the stability of the currency's price when converting it and the stability of the amount paid

The most famous fixed cryptocurrency

1-USDT
2-TUSD

3-DAI

Question : Do you think that the presence of fixed cryptocurrencies is necessary in the cryptocurrency project ?

Stable monetary standards are significant in the digital money market as they lead the market in case of a market decline, and the red shading spreads among different monetary standards, as financial backers are amazed to move their cash to these monetary forms because of a paranoid fear of additional normal misfortunes.

[Pablo456 400]

The difference between stable cryptocurrencies and variables is that stable ones maintain a price and what can change from that price is almost nothing and instead variables can go down or go up a lot in a matter of seconds that is the difference between a and the other.

[Amelia1971 1338]

Digital money is in general any means of monetary exchange that is made by electronic means, a money transfer is made from one bank account to another using digital money when we pay in a business or pay a card and virtual money is one that it does not exist except in its digital format.

[The Game 2059]

On 1/28/2021 at 9:32 AM, Shittu Dauda said:

A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price. and non-fixed currencies are currencies whose price changes, such as bitcoin and other. this my little submission

Well said mate and to be honest these is a very good explanation that will shed light to a member whom can't differentiate between the stable cryptocurrency and variable cryptocurrency.