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Author Topic: Why Stablecoin is so important in cryptocurrency?  (Read 5594 times)

Fariwala

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #30 on: October 20, 2021, 01:03:10 PM »
In cryptocurrency stablecoin is treat as conventional currency. It's kind of a digital asset that helps us to stick in profit even market moves in downward. It's designed to minimize the losses cause cryptocurrency market is extremely volatile to control.Thank you so much.  You have presented very nicely why we need cryptocurrency stable tokens.  Thank you so much again for arranging it in such a beautiful way.  You have arranged it in such a way that others do not have any difficulty in understanding.
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #30 on: October 20, 2021, 01:03:10 PM »


KKH84

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #31 on: October 20, 2021, 06:34:35 PM »
For me personally it is very important, stable coins have no difference with banknotes, in the amount of value (usd).  I often exchange my crypto assets on the exchange with stable coins if there is a lot of bad news that hits bitcoin because it can create a price dump, by exchanging it makes our portfolio not decrease and we can buy it back if the situation improves.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #31 on: October 20, 2021, 06:34:35 PM »
:)

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #32 on: October 21, 2021, 10:28:58 AM »
The cryptocurrency stablecoin is treat as conventional currency. It's kind of a digital asset that helps us to stick in profit even market moves in downward. It's designed to minimize the losses cause cryptocurrency market is extremely volatile to control.Stable Coins are very very important for crypto market. Without stable coons people will face many problems. Because if the crypto market goes down all coins holders will get losses there is no way to stop losses without stablecoin. Because of stablecoin they can easily trade and make more profit. Stablecoins are a game changer for crypto trading
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #33 on: October 24, 2021, 04:52:40 PM »
Stablecoins help investors have a place to store their assets during periods of high market volatility. Stablecoins are also considered a standard for calculating returns in the investment process. If the market does not have stablecoins, safety will decrease and the community will have less interest in participating, the flow of money into the crypto market will decrease and we cannot have bullrun.
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #34 on: October 25, 2021, 11:11:20 AM »
Stable coins are very important in the crypto world! I use them to hold my capital anytime when I'll be finding a new coin/token to trade or to buy and hold. Also, I use stable coins "USDT-TRC20" to make transactions between exchanges, I'm a day trader and P2P trader, so most of the time I'll make USDT-TRC20 trades to BTC between Gate exchange and LocalBitcoins.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #35 on: October 28, 2021, 07:50:55 AM »
Stablecoins are very important in cryptocurrency because they help relieve stress, which is very important for trading. After all, when a trader transfers his assets to stablecoins, they are relatively safe. Altcoins are very volatile and in just an hour you can lose more than half of your deposit.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #36 on: November 14, 2021, 10:25:45 AM »
I learned a lot of good information.You yourself are a very wise man.And your posts are very informative.Thank you very much.I think the stable coin will come in the next few days Will go to the leading position. And it will make the market much more sustainable.And I hope that will provide some additional benefits
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #37 on: November 14, 2021, 10:34:48 AM »
Stablecoins are very important in cryptocurrency because they help relieve stress, which is very important for trading. After all, when a trader transfers his assets to stablecoins, they are relatively safe. Altcoins are very volatile and in just an hour you can lose more than half of your deposit.
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #38 on: November 22, 2021, 09:30:22 AM »
We can think easily that all cryptocurrencies will continue to rise until the price is unpredictable like Bitcoin, but behind all of that, there are a lot of altcoins that die and continue to fall slowly so that their value is also worthless on various exchanges.
If we refer to stable coins, the ones that can support and trade the declining altcoins are stable coins, so that it is a wise choice to avoid a huge dump in our portfolio.
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Goldlife

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #39 on: December 05, 2021, 04:51:46 PM »
Many of the stable points I will review below are considered to be convenient coins. We often scramble the dollars when there are dollars left after buying and selling tokens so that we can keep our money safe. Below are a few samples.  USDT, USDC, DAI, BUSD, TUSD, HUSD, PAX, JST, USDN, KRT, QC, MUSD, USDK, SUSD, GUSD,
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TOKEN IS WORTH YOUR ATTENTION
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owej90

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #40 on: February 18, 2022, 11:36:12 AM »
Job holders in cryptocurrency related firm can get their salary on the basis of stablecoins and remittance fighters can use it to send their remittance to their native countries within few minutes.
Interesting remarks Malam. About the first one, not only job holders in crypto related firms can get their salary in Stablecoins. As long as employers and employees agree on it, salary can get paid in stablecoins everywhere. In the Telegram channel of Kinesis there is a guy saying that as soon as the Kinesis debit card is ready, he will start paying his employees in kinesis currencies (with his employees agreeing on that of course).
But your remark about remittances is even more interesting, because this is exactly what Kinesis is implementing in Indonesia, where they are working with the Indonesian government in order to give the option to the Indonesian work migrants who work abroad, particularly in Malaysia, to send home their remittance in kinesis currencies, with the Indonesian government getting a part of the transaction fees collected by kinesis. As far as I know, at the moment those migrants use mostly money transfer services like Moneygram or Westernunion, whose fees are much higher than kinesis fees.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #41 on: February 22, 2022, 03:06:03 PM »
Maybe in the past year, more than 2013 back, this stable coin was not very interested in because what is certain is that Bitcoin, Ethereum and DOGE can still be obtained at a very cheap value and of course these stable coins have not provided good things in the cryptocurrency market.
After 2016 until now, this stable coin has transformed into a Rook in the game of chess and it is truly extraordinary when viewed in terms of its marketcap which is able to be in the top 5 Coinmarketcap.
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.      BUY EGO      .

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #42 on: March 03, 2022, 09:10:54 PM »
Stable coins are very important in the crypto world! I use them to hold my capital anytime when I'll be finding a new coin/token to trade or to buy and hold. Also, I use stable coins "USDT-TRC20" to make transactions between exchanges, I'm a day trader and P2P trader, so most of the time I'll make USDT-TRC20 trades to BTC between Gate exchange and LocalBitcoins.

Yeah, You're right. Stable coins are also important coins, to do several transaction and keep.our fund.
not easy to keep money when market is really volatile.
Sure, stable coins is the solution.
Stable coin is also good for pairing in trading, because we can estimate loss and profit easily.
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #43 on: March 19, 2022, 04:46:25 PM »
agree with above opinion.
Stable coins is important because will keep our fund when crypto market soo high volatile and unpredictable.
Stable coins are also suitable for trading pairs, It's more easy to calculate loss and profit.
I always need stable coin in my crypto transaction.
That's the fact.
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