Are stable coins really advicesable to invest??

[Fixfin 2569]

You can buy stable coins and stake them in some exchanges that give you some interest between 2-5% yearly. If this is what you want instead of buying Bitcoin and hoping for a better profit. I don't think there is a risk in buying stable coins and they will probably not face any negative restrictions to make them lose in price.

[Sykkuno 2887]

What will be the reason to invest in stable coins? You will not profit but as they are pegged to the dollar you will suffer from the inflation and lose from this investment. It is not advisable to invest in stable coins as it is nothing else but holding your money in your bank.

[Syedbesharat 5423]

On 3/24/2020 at 4:55 PM, Upright said:

Like seriously upon every coin which is on the market, I rarely bit don't even hear of any one having to talk on how investing in This such coins can be profitable,either in the long run or short, but stable coins have continued to be climbing on those which have a market value, and when tops others coins apart from being stable

The stable coin are good for saving which gives you considerable confidence and same value which you invested. Means no loss but their prices always not remain save because excess of selling also drop their price and most of the time coins goes dead. As newbie I did some stable coin investment and then I change my pattern. 

[Brandonsaw 1973]

I do invest in stable currencies since they are a safe investment without losses since it increases your amount of money and safely because the currencies that have a lot of volatility can also fall in price very quickly and will lead to many losses.

[guatazoo 7150]

If you'll be investing in stable coins you'll be earned nothing and gained nothing, so stable coins are good to be used to cover the trading pair in order to trade safely, for example usdt/btc. 

[Adam adam 276]

I do not think that there are profits in stable currencies, as they are rigid in place and their price does not move. So how will the profits be?

[cryptolover45 1187]

Hey mate, you ask a good question about stable coin investment, my answer is stable coin are hold for investment like Bitcoin price increase and that man thought Bitcoin might fall, now they convert bitcoin to stable coin, that's how stable coin help the investment or trade.

[velasco19 1753]

Investing in stable cryptocurrencies can be profitable but it must be clear that a large initial capital is needed. Currently putting your stable coins generates around 10% per year in interest. Without a doubt it is a large percentage but if you enter with little money you will not see results, in that case investing in other cryptocurrencies speculating that they will go up in price is a better option.

[Waqar Qainth 0]

I don't think so. Stable coins are not advisable to invest. Because when ever we invest we want profit. If we invest in stable coins we can not get profit because we can get profit in the case of rise rate of the currency. 

[yonkii 3205]

Friend why will you invest in stable coins as they will not move and they are not a good investment. Having dollars is the same with the dollars stable coins. They are used to trade and not to invest for long term.

[annayks 2314]

I think you are mistaken and you only read the market cap of the stable coins and think they earn in price. Stable means not moving friend. What you see is the stable coins just creating more because there is demand from exchanges that need to cover for trading.

[ajabe2 1485]

There is no good advantages in the stable coins for a investor because the stable coins would not help you to make a great profit as you compare it to other cryptocurrencies. if you want to invest, just go to unstable coins which are much more promising in potentially.

[Ridam 7455]

On 3/24/2020 at 5:40 PM, Upright said:

Like seriously upon every coin which is on the market, I rarely bit don't even hear of any one having to talk on how investing in This such coins can be profitable,either in the long run or short, but stable coins have continued to be climbing on those which have a market value, and when tops others coins apart from being stable

Currently there are many stable coins like Usdt, usdc, busd, Usdj, dai and soon. Some are backed by Blockchain Algorithm and some by real money. There has been so much bad comment about the accountability of stable coins and with such big market cap of usdt, I don't believe each usdt is backed by a dollar bill as the audit report aren't clearly available. So there is even risk in stable coins if we see their fundamentals.

[Upright 2688]

On 11/7/2020 at 2:37 PM, Syedbesharat said:

The stable coin are good for saving which gives you considerable confidence and same value which you invested. Means no loss but their prices always not remain save because excess of selling also drop their price and most of the time coins goes dead. As newbie I did some stable coin investment and then I change my pattern. 

Stablecoin are arguably the best coins to trade, as when having to use the system of option trading, you know you can get more grip of the coin than the bitcoin,but looking as of how the coins are volatile, the Bitcoin dominates as it can drop and climb considerably

[Kenciuu 1729]

I have not try to invest stable coins but I do tried ripple. I do not know what are the stable coins because I know they are changing each day. I do not have any idea about it but reading all comments i got hint. I think it is not good to invest and stable because it gives small amount. But if I would invest, it is ok because i know i am still earning than invest to earn big amount but there is chances of losing. 

[wassim19 645]

There are always stable and classic digital currencies whose value does not change with time, but rather increases gradually. It is the best investment and is suitable for long-term investment and not for day trading, and it is a good option for those who want to store money

[Jromz 2158]

The only good reason I could recognize to invest in a stable coin, namely, USDT, DAI, etc, would be if one's national currency is devaluating against the fiat currency that backs the stable coin, such that one could "protect their savings" in that stable coin when a devaluation occurs. Yet, it would be much wiser to invest on deflationary cryptocurrencies if one pursues such purpose. 

Edited November 9, 2020 by Jromz

[Braulio Eurea 720]

Investments in profitable cryptocurrencies are loaded with high risk, but also with high profits, so you have to make an assessment of the level of risk you are willing to run, be aware that I can lose all the investment quickly, so It is always recommended to invest what you do not need to live, so you can assume the losses without catastrophic consequences.

[Zalaks007 543]

I really don't advice people to invest on stable coins because they profit isn't that much but rather kn bitcoins and other decentralized cryptocurrency. You tend to profit more from this investment than stable coin.

[duncun007 3577]

On 11/8/2020 at 7:50 PM, Ridam said:

I don't believe each usdt is backed by a dollar bill as the audit report aren't clearly available. So there is even risk in stable coins if we see their fundamentals.

yea I agree with you on this one, and this is why when i want to liquidate my assets i try to sell my bitcoin for busd or any other backed coin, because USDT seems like a ticking bomb now.

[Dorjoy12 8962]

15 hours ago, Jibon1 said:

I think stable currencies are stable they are not profitable without giving you more tokens. They are always the same price and you can't get much out of them

Stable  coin is not to get profit but its for keep your your crypto value safe... Such as now btc price around 15.5k usd  so if a member now  want to convert btc to usd then he will   get almost 15.5k usd which is stable and there has no chance to decrease the usd amount while if a member wanted to keep btc all the time and btc dump to 13k usd then he get lose almost 2.5k usd but that member who convert btc to usd still has the same value around 15.5k usd..  This is the profit of stable coin..     

[Jaafar Fahad Hassan 114]

52 minutes ago, Dorjoy12 said:

Stable  coin is not to get profit but its for keep your your crypto value safe... Such as now btc price around 15.5k usd  so if a member now  want to convert btc to usd then he will   get almost 15.5k usd which is stable and there has no chance to decrease the usd amount while if a member wanted to keep btc all the time and btc dump to 13k usd then he get lose almost 2.5k usd but that member who convert btc to usd still has the same value around 15.5k usd..  This is the profit of stable coin..     

Well explained here, you have explained everything if someone invest ,the chances of losing and the chances of gaining am sure the person that asked the question if it is advisable to invest in stable coin should be able to understand more with this your explanation

[ramonn22 731]

I personally dear friends of this great forum sincerely think that it is not profitable to invest in stable cryptocurrencies since you will not have profits because of not having volatility, it is in my sincere opinion if I am wrong that a colleague corrects me
Good luck and big winnings for the whole community
A big greeting

[leakydonney 1402]

1 hour ago, Dorjoy12 said:

Stable  coin is not to get profit but its for keep your your crypto value safe... Such as now btc price around 15.5k usd  so if a member now  want to convert btc to usd then he will   get almost 15.5k usd which is stable and there has no chance to decrease the usd amount while if a member wanted to keep btc all the time and btc dump to 13k usd then he get lose almost 2.5k usd but that member who convert btc to usd still has the same value around 15.5k usd..  This is the profit of stable coin..     

That's right @Dorjoy12 as we can see that stablecoins are becoming increasingly popular as most of crypto traders uses it for exchange, with their market cap reaching $10 billion for the first time in May 2020, although they are not advisable for investing because it's stability doesn’t make them a very high profitable and if anything happens with fiat backed stablecoins, their value is likely to decrease over a time.

[melikf78 987]

What do you mean ? Stable coins like ucdt and usdc ? If you mean that i don't like to invest in this coins because their price is always 1 usd so you wont get any profit but when market is bleeding u should change you coins to a stable coin and wait for a good time to buy.