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Stable Coins Forum / Re: Should you invest in Stablecoins?
« on: May 05, 2024, 09:09:21 PM »Yes, USDT can be a good choice to hold stable money because it has the top position in cmc and its liquidity is higher than other stablecoins. USDC is also very popular and has the top position in cmc with high liquidity. But I trust USDT the most and I use it as a stable coin but when we hold stable coins it is not called investment. It is only to keep the money stable. Investment is called when you get profit return from it Will buying and holding a stable coin increase its price? Stablecoin prices may rise against FIAT money but not against the dollarUSDT is the most popular stable coin and is in third place on the CMC, clearly this is a safe stable coin. I also always save my assets for trading there when I see the market has a downward trend, I concentrate my assets into USDT and wait for the market to rise again to buy some potential coins for tradingAs for my side ,if is table I will invest but I will consider is it registered?stable coins offering less volatility from the other crypto, however stable coins may be pegged to cash value they don't carry protection as money held in bank,tis mess we should also aware that there is always risks all timesMaybe at this time, the safest stable coin is USDT, I always use stable coins when the market experiences a decline which is likely to be bearish for a long time I will store my coins in stable coins and wait for the bottom then buy potential coins again