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Author Topic: Should you invest in Stablecoins?  (Read 12300 times)

Offline Goldlife

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Should you invest in Stablecoins?
« on: April 18, 2021, 07:00:25 PM »
The long answer:
 
Yes, but possibly no. To begin with, it is important to clarify what a good financial investment means to us. For some, interest rates of 2% at your local bank is considered a good financial investment. To hedge funds, returns rise to about 20-25% before it is considered a good financial investment. For the sake of argument, let’s say that anything above what the market would give you at relatively low risk is considered a good investment.
 
Due to the fact that stablecoins involve diving into the highly volatile cryptocurrency space, the risks involved are bound to be higher — meaning that that base returns should reflect that. The simplest and least risky method for you to make a good return on your investment into stablecoins would be lending them out, for which you can make about 6% interest. This is significantly higher than what banks offer you, but not nearly as high (nor as exciting) as using them as trading assets to speculate.
 
So, if you are happy with 6% — stop reading here. But if you are feeling like this doesn’t tickle your risk seeking nerve endings enough, keep reading.
 
Betting on stablecoins can be highly profitable in the long run, but the key words here are “can” and “long.” “Can” implies that if you bet against the right macro trends, stablecoins will be a key catalyst to insure your risk in cryptocurrency. This is the “long” bet that most crypto investors are making. If a doomsday scenario occurs, central banks will be affected drastically by their governing country’s situation. This can cause fiat currencies to plummet, and your wealth along with it. But, if you have your wealth in Bitcoin, the idea is that you are protected against these black swan events. Stablecoins offer something in between, more or less the best (and worst) of both worlds — a hedge that gives you time and power to decide where you want your wealth to be allocated.
 
The long view in this case also depends on macro social, economic and geopolitical trends. As global digital transactions increase, so will the demand of stablecoins, and with it the number of tokens in circulation. If you leverage your stablecoins, depending on the underlying blockchain and applications available to you, by staking or providing liquidity then you can also earn some of the network’s transaction fees. The more demand for your stablecoins, aka transactions, then the more fees you can ultimately earn.
 
But once again, you are betting on both the “can” and “long” variables that are very much out of your control. There is also the problem that if a black swan event occurs, chances are that it can drastically cause a plummet in demand for collateral to which your stablecoin is pegged to. A new battery can plummet the demand of oil, making oil-based stablecoins worthless. Any good investor will tell you that in dire times you should diversify your investments, and maybe that is the correct approach to investing in stablecoins as well. On the low end, it may be worth setting aside more circulated stablecoins like USDT and lending them out for interest rates that are higher than banks. On the high end, maybe you can experiment with a wide array of digital assets that are pegged to different things to make sure you are protected against a single, doomsday causing black swan event. But then again, if Bitcoin is poised to replace the USD, what would be the coin in staking a stablecoin pegged against it like the USDT?
 
In summary, stablecoins can be a good investment if you are doing so for the right reasons. Short term speculation is probably not that reason, but investing in the right projects can net positive results in the short run. The more realistic scenario would be investing in the industry. In this case, investing in the growth of the pie rather than the size of your piece could be the smarter thing to do!
 
See our solutions, visit our website www.stably.io
 


More info: https://www.stably.io/post/should-you-invest-in-stablecoins/
 
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Should you invest in Stablecoins?
« on: April 18, 2021, 07:00:25 PM »

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Offline masudginanjar

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Re: Should you invest in Stablecoins?
« Reply #1 on: May 21, 2021, 03:31:37 AM »
Indeed, we should invest in stable coins because these stable coins always pair with various cryptocurrencies in markets such as Binance, Huobi, Bittrex and Upbit.
I am only talking about myself who always have stable USDT coins on various exchanges because USDT is very simple to send, especially using the TRC20 blockchain whose transfer fees are very cheap when compared to USDT from OMNI and ERC20.
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Offline Fenix

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Re: Should you invest in Stablecoins?
« Reply #2 on: July 10, 2021, 07:54:45 AM »
It's all the same as asking whether it is worth investing in the US dollar. Stable coins are just money and cannot be profitable for their holders. Of course, except for the case that the national currency, which secured the stablecoin, sometimes strengthens in the exchange rate in comparison with other currencies of the states. Stable coins are created as a buffer between cryptocurrency and fiat for the convenience of working with cryptocurrency.

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Re: Should you invest in Stablecoins?
« Reply #3 on: July 10, 2021, 02:43:12 PM »
Circle co-created USD Coin through a joint venture with Coinbase and a consortium called Centre. Circle also helps other companies adopt stablecoins. Stable Coin Most recently, Coinbase started offering high yields on customer USDC holdings. As of this week, retail investors.

Offline kent47400

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Re: Should you invest in Stablecoins?
« Reply #4 on: July 12, 2021, 05:27:57 PM »
Stable coins are a valuable asset to make us safe so that we can buy more crytpocrurrency because I believe that cryptocurrency cannot stand without stable coins and I am sure stable coins are coins that can make us calm when there is a dump for all crytpocrurrency .
So it's only natural that we have to have stable coins in every Binance wallet or exchange because as I said earlier this stable coin is the best opportunity to support cryptocurrency prices.
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Re: Should you invest in Stablecoins?
« Reply #5 on: July 13, 2021, 07:04:04 PM »
I will definitely invest in stable coins when crypto winter comes to protect my assets. I don't like farming myself, so maybe I just stake my USDT on Binance for 5% APY and wait for the BTC Halving 2024 to buy the best cryptos.

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Re: Should you invest in Stablecoins?
« Reply #6 on: July 17, 2021, 12:23:46 PM »
If the purpose for investment, I will never choose stable coins. I buy stable coins if I want to save my funds temporarily, or if I want to convert my crypto assets to fiats. While for a long term investment, I prefer to buy crypto coins that have high volatility but they are trustable. For example ETH, BNB, DOT, TRX, XLM, ADA, LINK, or LTC
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Re: Should you invest in Stablecoins?
« Reply #6 on: July 17, 2021, 12:23:46 PM »


Offline jonathancool220

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Re: Should you invest in Stablecoins?
« Reply #7 on: July 19, 2021, 01:44:30 PM »
If we don't have stable coins, then of course we can't buy cryptocurrencies because for now we have to deposit using Fiat which is a very stable coin.
Stable coins should indeed be invested because I see this as the best opportunity to hold all cryptocurrencies, whether it's from a bear market or actually for investment or trading.

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Re: Should you invest in Stablecoins?
« Reply #8 on: August 03, 2021, 07:35:08 PM »
In a sense, DAI is likely going to be the “true” stablecoin later on if USDT and USDC get tracked, and other coins that require assets to be burned to mint like UST from LUNA might also become more desirable.
If you’re building a big stablecoin bag or staking the stablecoin for yields DAI and UST might be the coins of choice
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Offline sacrotic

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Re: Should you invest in Stablecoins?
« Reply #9 on: August 04, 2021, 09:57:33 AM »
Stable coin is similar with gold, guarantee our asset will not loss in high number but of course with small profit. This coin not interesting for people who like challenge but favorite for trader/ investor with safe method. 20% from our asset should become stable coin, will reduce high risk and also solution when high fees or busy network for transactions. Market is place for possibility and risk, stable coin is the right choice for both of it.

Offline damsix

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Re: Should you invest in Stablecoins?
« Reply #10 on: August 06, 2021, 07:45:59 AM »
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.

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Offline Chloe Shappe

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Re: Should you invest in Stablecoins?
« Reply #11 on: August 17, 2021, 03:29:30 PM »
IMHO it is not a good idea to invest in stablecoin but it is a good place to safekeep your crypto asset rather than putting on the bank to prevent money laundering.

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Re: Should you invest in Stablecoins?
« Reply #12 on: September 22, 2021, 10:48:02 AM »
It's all the same as asking whether it is worth investing in the US dollar. Stable coins are just money and cannot be profitable for their holders. Of course, except for the case that the national currency, which secured the stablecoin, sometimes strengthens in the exchange rate in comparison with other currencies of the states. Stable coins are created as a buffer between cryptocurrency and fiat for the convenience of working with cryptocurrency.

True, for fiat currency backed crypto it is. However to me personally stablecoins with fiat are a paradox. Fiat currency is void of anything, so digitization further that nothing, I do not understand. Yes perhaps from a payment system perspective, not from a monetary one.

I personally like physical asset-based ones better, precious metals for instance.

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Re: Should you invest in Stablecoins?
« Reply #13 on: September 22, 2021, 10:52:12 AM »
Stable coin is similar with gold, guarantee our asset will not loss in high number but of course with small profit. This coin not interesting for people who like challenge but favorite for trader/ investor with safe method. 20% from our asset should become stable coin, will reduce high risk and also solution when high fees or busy network for transactions. Market is place for possibility and risk, stable coin is the right choice for both of it.

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).

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Re: Should you invest in Stablecoins?
« Reply #14 on: October 16, 2021, 07:04:13 PM »
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.

 

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