Should we invest in Stablecoins? | 10% @tron-fan-club
Currently there is instability in the crypto market. That is why many investors in the crypto market are worried. So many investors are leaving crypto or the interest in crypto is declining or many are coming to crypto again. The ultimate truth is that no one wants to lose their investment. We all want to make a profit by trading or investing. No one wants to be harmed.
So now those who do not want to lose their money or take the rickshaw. All those people can invest in stable coins. But keep in mind that the stable coin is a stable one. It is never likely to be more profitable. Because the stable coins are designed in such a way that its price does not fluctuate much.
If you are interested in getting involved with cryptocurrency. But you can't beat the current wave of crypto market volatility or you have no interest in it. Then Stablecoin may be a good option for you to invest in cryptocurrency. But one thing to keep in mind here is that it is foolish to expect good returns from investing in stable coins.
Because we have all heard the name USDT which is a good stable coin. The prices are pretty much the same and fluctuate very little every year. Again if you want you can only get through your stable coin savings which is through risky approach. You can also earn some money by lending to someone. However, there is some risk in all of them. But last but not least, the cryptocurrency is a risk. Earlier this year, Tether was investigated by the U.S. Department of Justice for bank fraud involving USD executives. But last but not least, if you are interested in investing in something and do not want to face any instability then stable coin can be one of the best ways to invest. If you use some techniques like saving or lending to someone, you can make a profit.
Much Love And Best Wishes To All
I am Md. Kawsar Hasan. I am a Bangladeshi. I feel very comfortable to introduce myself as a Bangladeshi. An assistant teacher by profession. A writer intoxicated. So I feel very comfortable writing content on different topics. It’s great to know the unknown and learn something new. Love to travel.
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Yeah, it's true what you said, that's why we have to be very careful in the Crypto world.
We have to invest in cryptocurrency by better research and thinking..
Well explained...
I have learned a lot through your post. In fact, there is a lot to learn in the market. Thank you very much.
Personally I feel if we were investing we should be aware of the consequences and the risk involved
https://steemit.com/hive-183397/@victoh78/risk-management-in-trading
I employ you to read this post about trading risk
Also stable coins sent volatile hence the possibility of making profit is low as well as the risk
But what is investigating if not risk taking
Discussed a very important topic. Brother, we really need to know this. Thank you very much for discussing this