Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MaxzDoss on September 22, 2018, 02:11:14 PM
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I want to sell some of my bitcoins into stable (I mean price to USD) altcoin - is there any which I can trust ?
USDT is not good (and not cryptocurrency), as I understood.
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Why do you want a stable coin? You should invest in altcoin, which fluctuates in price faster. Because you can take advantage of price fluctuations. How do you take advantage if the coin is stable?
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I couldn't say it is bitcoin and ethereum because it drops down too much and on its current manners it shows a misbehavior sign. I think ripple is the stable one.
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I think for now, more stable coin is Ripple
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I want to sell some of my bitcoins into stable (I mean price to USD) altcoin - is there any which I can trust ?
USDT is not good (and not cryptocurrency), as I understood.
I think this cryptocurrency exist? Perhaps it should be tied to some more or less permanent physical asset, for example, oil, gold, etc.the Venezuelan cryptocurrency ElPetro comes to mind, but I do not know where it is sold and whether it can be purchased.
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I do not know stable crypto coins. If you need stability, invest in gold. Although gold tends to grow in value. You yourself understand that the crypto market is unstable and therefore attracts investors.
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Despite its constant criticism of its transparency and decentralization, Tether (USDT) is at the peak of stable coins with high market values compared to its competitors.
The report, published by the digital value company Blockchain Luxembourg SA, announced that Tether is the leader in a stable coins with a 98% trading volume. This means that approximately 60% of Bitcoin's daily trading volume is carried out with Tether.
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you can try with EURN, it's pegged with EUR and it's really backed in EUR in a Switzerland bank.
You can trade it only on TheRockTrading actually.
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Many experts believe that BTC as an uncorrelated asset, which is most similar to gold. However, bitcoin has certain advantages over precious metal. This is the ease of transmission and the ability to act as a medium of exchange. Despite these advantages, bitcoin has not yet formed as an effective payment system or a viable currency.
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As it stands,i dont think there is any stable coin now since all fluctuates. The best thing to do is invest in one or couple and then hope for good markets.
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I don't know a stable altcoin in the current trend. You can buy Binance Coin. This altcoin is associated with the exchange. Now this is a relevant option in the cryptocurrency world.
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For Altcoin. There are two Coins that I think are stable for trading or investing. That is Ethereum and Ripple. Both of them are a few of the many good and potential Altcoins in the future and have a relatively stable market even though it is still a new improvement. But that might suit you. that's my advice and input for you.
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I want to sell some of my bitcoins into stable (I mean price to USD) altcoin - is there any which I can trust ?
USDT is not good (and not cryptocurrency), as I understood.
You can choose from these stablecoins, https://medium.com/@kingsleyadvani/the-top-6-stable-coins-in-crypto-e6f53e9b03be
Basecoin
MakerDao/DAI
TrueUSD
Havven
USDX
Tether
If you don't like Tether, you can choose from below, they're also stable coins...
Bitshares
BitCNY
DigixDAO
Basis
Carbon
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Aside from tether(usdt) you cant find stable coins in crypto market, even those high volume coins in coinmarketcap are also experienced huge dump.
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I want to sell some of my bitcoins into stable (I mean price to USD) altcoin - is there any which I can trust ?
USDT is not good (and not cryptocurrency), as I understood.
Decentralized cryptocurrency generally can never be stable in nature. Due to high volatility, it will always grow and fall in value. The USDT coin is really hard to call a full-fledged cryptocurrency, it is most likely a buffer between cryptocurrency and fiat. However, it is very convenient to use and necessary in the market.
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I don't think that Crypto is stable at this time. But what is close to Stable is Ethereum and Ripple, even though it still falls in price but there is great potential in the future to be able to rise and continue to rise until it reaches its maximum price.
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In my opinion, there are two coins that I think are stable for trade or investment. That is Ethereum and Ripple. Both are some of the many Altcoin that are good and potential in the future and have a relatively stable market even though it is still a new increase.
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Crypto currency can not be stable. I think that this is what attracts so many people. But probably the most stable token is USDT. But many people do not trust this token.
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BTC and ETH are relatively stable coins. But otherwise there is nothing really stable as such in the crypto world. Do your own research before investing and aim to invest into something which is going to be around in the long run.
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in my opinion the most stable cryptocurrency is tether because it allows users to enjoy the ease of transfer, the storage of records is very transparent.
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It also depends on how much money do you want to invest.
Ripple is quite stable abut it's still too cheap. I would also invest in Ethereum if you have more money.
And Bitcoin seems to be the one that will rise much, but its even more expensive kind of investment.
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I don't think that there is a cryptocurrency that is stable because the market is a full volatility and there is no exception to that and that is the reason why i believed that there is no cryptocurrency that is stable and they all undergo to the natural behavior of the market and that is volatility.
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I do not know stable crypto coin. if you want stability, put money into gold. even though gold has a tendency to grow in cost. You yourself understand that the crypto marketplace is volatile and therefore attracts investors.
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At the moment I can't say which coins are stable, because crypto market conditions are currently experiencing a very far decline, but I think with Ethereum, I think Ethereum has a bright future.
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I want to ask you, why do you sell bitcoin? currently there are no stable coins, the crypto market has experienced a very sharp decline, in my opinion bitcoin has remained stable.
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Bitcoin and Ethereum of course :)