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RE: Daily Crypto Markets Live Blog: Let Us Discuss Stablecoins (09/14/21)

in LeoFinance3 years ago

I believe stable coins are what makes the cryptocurrency trading complete. Imagine having only the volatile coins, buying coin and cutting loss during dip will be very difficult.

Normally , stable coins shouldn't be a coin to invest on if one wants to grow fund because it is stable, however for countries with weak Fiat currency , stable coins can help such people to make profit for themselves. It is sad that developing countries have to face this issue but for the crypto lovers , it is an advantage.
Hbd is not doing that bad.

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I disagree, Stable coins can be a good in-between while someone saves up and there are some pretty good ROI on stables in some projects.

They're a wonderful addition to the cryptoshphere

If you read again , I said " if the person wants to grow his funds ". For saving , stable coins are the best.

Oh you did too! Apologies

I think stable coins are the easiest way to compare to current prices of items. At least when it comes to running things as a business, we still need fiat so it makes the process of onboarding more users into crypto much easier.

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