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+--- Thread: GOOD STABLE COIN 2023 (/showthread.php?tid=6228243)
GOOD STABLE COIN 2023 - noname12345 - Nov 23, 2022
Usdc is coinbase and circle.
Busd can binance collapse?
Usdt in hot waters. People saying it can collapse.
Dai still good?
Don’t want to hold a stable coin that has no potential of going up but can go to zero like ust
Opinions on a good stable coin to hold in? I’m currently split up between the 4
RE: GOOD STABLE COIN 2023 - Vitaly - Nov 23, 2022
(Nov 23, 2022 12:52 AM)noname12345 Wrote: Don’t want to hold a stable coin that has no potential of going up but can go to zero like ust
lmfao am I reading this right??? brother... this has to be a troll
you shouldn't even be keeping a lot of money in stables, leave some small bullets in stables so that you can deploy capital at a moments notice, but don't keep a significant amount of your portfolio in stables imo.
you should also just spread through a combination of stables.. i use BUSD/USDT/USDC
RE: GOOD STABLE COIN 2023 - Omniscient - Nov 23, 2022
Why not hold multiple stablecoins? Or none of them? I suppose if I'm trying to keep my shit stable, I'd go USDT or Dai.
RE: GOOD STABLE COIN 2023 - noname12345 - Nov 23, 2022
(Nov 23, 2022 12:52 AM)noname12345 Wrote: Usdc is coinbase and circle.
Busd can binance collapse?
Usdt in hot waters. People saying it can collapse.
Dai still good?
Don’t want to hold a stable coin that has no potential of going up but can go to zero like ust
Opinions on a good stable coin to hold in? I’m currently split up between the 4
(Nov 23, 2022 10:19 AM)Vitaly Wrote: lmfao am I reading this right??? brother... this has to be a troll?
you shouldn't even be keeping a lot of money in stables, leave some small bullets in stables so that you can deploy capital at a moments notice, but don't keep a significant amount of your portfolio in stables imo.
you should also just spread through a combination of stables.. i use BUSD/USDT/USDC
How are you suppose to take profit if you don’t sell them into stables?
I sold everything at 40k and keeping it between usdt/busd/dai/usdc. My question is in your opinion what is the safest stable coin. I don’t want to be stuck in a stable coin that ended up like ust (which went to zero)
I do not want to move my funds and sell them to usd and put them in the bank because how centralize and shitty the bank is (why I love crypto so much)
I’m predicting the markets will go lower because of the s&p 500. Why would I not hold in stables???
RE: GOOD STABLE COIN 2023 - Vitaly - Nov 23, 2022
(Nov 23, 2022 11:15 AM)noname12345 Wrote: ?
How are you suppose to take profit if you don’t sell them into stables?
I sold everything at 40k and keeping it between usdt/busd/dai/usdc. My question is in your opinion what is the safest stable coin. I don’t want to be stuck in a stable coin that ended up like ust (which went to zero)
I do not want to move my funds and sell them to usd and put them in the bank because how centralize and shitty the bank is (why I love crypto so much)
I’m predicting the markets will go lower because of the s&p 500. Why would I not hold in stables???
you can sell to stables, but you would then withdraw to your bank...
there is no 'safest stable coin' it's all about which you trust the most.. do you believe they actually have the reserves to redeem 1:1? USDC/BUSD/USDT you are just putting your trust in Coinbase/Binance/Tether
UST was flawed design, it was a literal ponzi. USDC/USDT/BUSD are backed 1:1 with real dollars not a shitcoin, but if you love crypto so much and want to stay 100% risk averse then sure just take your pick of multiple stablecoins and spread out your cash
trusting stables with your entire net worth seems braindead to me but you do you
RE: GOOD STABLE COIN 2023 - noname12345 - Nov 23, 2022
So sell everything and send it all to the bank?
RE: GOOD STABLE COIN 2023 - Omniscient - Nov 23, 2022
Honestly, I'd just buy a lot of LTC and BTC right now and fuck the stablecoins.
RE: GOOD STABLE COIN 2023 - SUI-3183372 - Nov 23, 2022
(Nov 23, 2022 05:59 AM)Focus Broken Wrote: Tether is multichain, but I'm not entirely sure about the others. Is BUSD only issued on Binance chain? Is USDC only issued on Ethereum?
USDC lives natively on 8 blockchains: Ethereum, Solana, Avalanche, TRON, Algorand, Stellar, Flow, and Hedera
BUSD is on BNB, Ethereum, Avalanche, and Polygon.
RE: GOOD STABLE COIN 2023 - noname12345 - Nov 23, 2022
(Nov 23, 2022 11:49 AM)Admin Wrote: Honestly, I'd just buy a lot of LTC and BTC right now and fuck the stablecoins.
damn wish i made this thread sooner ltc pumped almost 2x