Should you invest in Stablecoins?

[shadowdio]

Investing in stablecoin is not good idea because it's not really a volatile coin unlike bitcoin, unless the platform has a earning passive which you can invest the stable coin and earn some a little percentage, it's a good way passive income.

[Alcor]

Look at the very large stable coin market and all altcoins also need a stable coin and it is an honor for us to be able to maintain our assets in cryptocurrencies.
So we really should invest in stable coins because these stable coins will really be needed when the price of all cryptic dumps or drops so fast and it is a real and stable asset.

If you are in the dollar zone and buy euros or, say, the yuan, this can hardly be called an investment. You need the currency of other countries for a specific practical situation when you can use them as a means of payment. The stablecoins play the same role. It is bought mainly for use as a means of payment, including for the purchase of various cryptocurrencies. Investing assumes that money is invested in a financial asset that, due to the increase in value, is able to bring profit. A stablecoin as a whole cannot be profitable, and therefore buying it cannot be considered an investment.

[kulkhan]

Yes some times I want to invest in stable coin. Some times it is very important for cryptocurrency traders and cryptocurrency holders. When Market were unsustainable then we don't want to trade or hold because that time is very risky. That time better for stable coin. If that time we want to trade we will be losser so that time is for stable coin. So I told that stable coin is very good for investment sometimes.

[bayiajaib]

Yes some times I want to invest in stable coin. Some times it is very important for cryptocurrency traders and cryptocurrency holders. When Market were unsustainable then we don't want to trade or hold because that time is very risky. That time better for stable coin. If that time we want to trade we will be losser so that time is for stable coin. So I told that stable coin is very good for investment sometimes.

When the Market is fluctuate and unpredictable, we should invest in stable coin to keep your fund.
If you can predict the progress, you can buy more at potential coins.

[Bliznec]

Investing in USDT can be profitable. Today there are platforms where it is possible to mine USDT. Stake on exchanges, cryptocurrency wallets.   

[Peter90]

Stablecoins based on precious metals have multiple advantages. Throughout the century they have proven to have better returns (physical gold etc), even more than stocks when calculated against the devaluation of the fiat currency. Owning precious metals via a digital layer should be appealing to a bigger mass of people. I wonder what will happen with supply, (fiat) prices etc when much more people own a/few gram(s).

Very right: what will happen when billions of people can buy at ease a couple of grams of gold each, through some gold-backed coin?

If you are in the dollar zone and buy euros or, say, the yuan, this can hardly be called an investment.
Investing assumes that money is invested in a financial asset that, due to the increase in value, is able to bring profit. A stablecoin as a whole cannot be profitable, and therefore buying it cannot be considered an investment.

Yes and no.
When you invest in e.g. gold-backed Stablecoins, you are investing in gold, so that can be considered an investment.
In case of fiat-backed stablecoins, it's like you say.
With a caveat: if you are in a strong currency zone, buying a fiat-backed stablecoin ist no investment, as you say.
When an American buys Tether, we don't say he is investing his US dollars in Tether.

But, if you are in a high inflation zone, buying a stablecoin backed by a strong fiat currency can be considered an investement:
- I invested my money in USD. You?
- I invested mine in euros.
Those sentences under circumstances make sense.

[aiviaa485]

We can see a brief statement about the choice of stable coins and cryptocurrencies as below.
If we believe in cryptocurrencies, then we don't need to have stable coins in our wallets and stable coins are needed only for those who are afraid of cryptocurrencies that change every day.
For example, we have Bitcoin for our assets that are ready to be traded every day and we don't need to have stable coins because Bitcoin x Altcoins trading is very dominant in the market than stable coins.

[bitbit97]

Those who invest in stablecoins, what do you expect from such investment? The % you get for sending your stables into some kind of earning programs are lower than 1%. Transaction fees and inflation kills all the profit from such actions. So why then you invest in stables?

[trauchot]

I always keep money in stable coins, because very often the cryptocurrency market falls and at these moments I have to urgently transfer money to stable coins, so it’s very good that there are so many stable coins in which you can safely store your money, and in general, most often I keep my money in either USDT or DAI.

[dekafee79]

I always keep money in stable coins, because very often the cryptocurrency market falls and at these moments I have to urgently transfer money to stable coins, so it’s very good that there are so many stable coins in which you can safely store your money, and in general, most often I keep my money in either USDT or DAI.

I agree , stable coins are good to keep our money while yeh market is really volatile or has been predicted will dump
Convert our coins to stable coins and wait.
When dump, buy coins.
I think It's good way to do as trade or not investors.
Because the nature of crypto currency is always volatile.

[royalfestus]

I don't think any good quality profit can be expected by investing in stable coins.Because the market price of stable coins is always the same for which the coins are called stable coins.However, if you buy coins other than stable coins, you can expect profit if their prices increase in the future.

I expect DEFI projects around stable coin, staking with reward after certain period. In case of ICO, stable coins can be sold at discounted price and have a short vesting period for investors. It is very important for every stable coin has entry into many exchanges with cases on high volume trade. 

[Fenix]

Stablecoins are not meant to be invested for profit. In cryptocurrencies, they play the role of a buffer between them and fiat money or a reserve platform when you need to urgently withdraw funds from certain cryptocurrencies, but the time has not come to invest in other cryptocurrencies. Therefore, stablecoins should be regarded as digitized fiat, with the only difference that they are not owned by the state.

[IyemRoker]

Currently I only have stable coins in the local market because to stabilize the price sometimes the market is very extreme to see.
I feel stable coins are the most comfortable coins to hold because they are not subject to price increases and decreases from altcoins that have been circulating.
I'm also sure with accuracy we can make this stable coin multiply because stable coins are widely traded in various cryptocurrency markets.

[royalfestus]

Does the government tax stable coin on exchanges, if it was not traded in a year?

[pacar_tiri]

Currently I only have stable coins in the local market because to stabilize the price sometimes the market is very extreme to see.
I feel stable coins are the most comfortable coins to hold because they are not subject to price increases and decreases from altcoins that have been circulating.
I'm also sure with accuracy we can make this stable coin multiply because stable coins are widely traded in various cryptocurrency markets.

Yeah when crypto market is very extreme to see, I think we should save our assets in stable coins.
I think It's why we should invest in stable coins.
Always have stable coins to buy the coins when the dip.
I see many investors did it.
But several people also prefer in top coins to save their assets.
It depends on your confidence at crypto world.