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Even with crypto you can still save your funds without it going down in value. That's why the stable coins are there. But I respect your choice.I prefer to save my money in the bank.for a long time now the bank have proven to be the most safe method of saving your money. That is why the bank always finds favour
Your funds won't increase much under USDT unless your country's fiat currency falls well adrift in the forex market before the USDT will increase whilst in your country's fiat value.This is the reason why I am so happy now that I am saving my phones in my cryptocurrency wallet and to be precise I I am saving my money in USDT and since I have been doing that my money has been increasing as I always use it to trade cryptocurrency.
I agree with you on the fact that stable coins should be invested in as a way of saving money because it is the safest way to safe money through crypto currency. A friend of mine invested in VTHO when the coin was $12. Right now the coin reduced to $3 which is a great loss in the investment.You may also lose money if you save money in crypto wallet when the price of crypto decreases. However, I think the value will increase eventually, but it will certainly take a lot of time for the coin to reach the peak value. This is why stable coins should be used to store funds and this is my personal opinion only and not a professional advice.
I agree with you on the fact that stable coins should be invested in as a way of saving money because it is the safest way to safe money through crypto currency. A friend of mine invested in VTHO when the coin was $12. Right now the coin reduced to $3 which is a great loss in the investment.
The agreement that I am talking about this actually when my local Fiat currency actually decreases in price and knowing Nigeria my country this is like a daily occurrence with our naira so I have been a huge benefit saving my cryptocurrency in a stable coin like USDT.Your funds won't increase much under USDT unless your country's fiat currency falls well adrift in the forex market before the USDT will increase whilst in your country's fiat value.
Crypto currency price instability is one thing to put off one away from the business but once you understand the market,it will be very easy for you to know when to invest,when not to invest and which coin to invest in.Price fluctuations is one of the most scary aspect of investing in crypto. This is why people should never invest in coins that are more likely to get fluctuated by the passage of time. As far as VTHO token is concerned, I have never even heard of it before. I believe that Kava coin is performing well.
You're there, when the value of USDT increases in the forex market that will surely have a positive effect via your own funds saved via USDT.The agreement that I am talking about this actually when my local Fiat currency actually decreases in price and knowing Nigeria my country this is like a daily occurrence with our naira so I have been a huge benefit saving my cryptocurrency in a stable coin like USDT.
It is good that you continue to use this as a way to build your cryptocurrency portfolio though because that is very important, especially with how the price is expected to rise in time and this can set you up for a lot of profits.While saving my earnings, I do kind of divide them into two parts. One goes into my bank account Incase am in need of funds and the rest goes into crypto wallets for long term investment
I prefer leaving my phone in the commercial banks but others may prefer shaven or phone using cryptocurrency wallet which is not also a bad idea.As my friends recommend to try a crypto wallet where you will be able to keep your e-money and anytime you want to invest in something crypto wallet is the best for keeps.
Well I have noticed that the price of usdt also increases and the market and decreases too, but what I have noticed is that the increment is very little and is also much significant difference to your asset.You're there, when the value of USDT increases in the forex market that will surely have a positive effect via your own funds saved via USDT.
Crypto currency price instability is one thing to put off one away from the business but once you understand the market,it will be very easy for you to know when to invest,when not to invest and which coin to invest in.
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