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49481036 No.49481036 [Reply] [Original]

Is there any way to profit from stablecoins? If so, which one should you choose? Sorry I'm new on this

>> No.49481079

mhmhhmmhmh, no (?

>> No.49481083

>>49481036
Stablecoins are designed to peg to fiat, primarily USD. You can really only speculate if the coin massively depegs from its host currency. I made some good Money on UST a few weeks back when it was pumping. But no, you cannot profit from USDT, USDC, etc. normally.

>> No.49481085

of course, you just have to...

>> No.49481125

the only way for this to happen is for the token to fall for the time being and then return to its stable value

>> No.49481136

>>49481036
Fucking kek grandpa is bacckkk, he thinks he's gonna be richer than mee ahhahahahaah

>> No.49481141

exchange it for real money and invest it in a real business

>> No.49481150

>>49481141
the speculative market is a real market

>> No.49481155

>>49481036
By earning interest, you're welcome

>> No.49481159

>>49481141
stonk market is better and safer, pls don't waste ur time here thx love u

>> No.49481210

>>49481036
Sure, little gay OP, you can stake/farm with stablecoins from 5-70+% APY.
Especially usdn is giving you the highest rewards currently. I think it's about 80% or something like that

>> No.49481215
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49481215

>>49481136

>> No.49481220

for example USDN dropped below 0.90, it was a good opportunity to buy and profit from it

>> No.49481227

>>49481210
DAMN 80% APY for stablefarming is crazy

>> No.49481235

>>49481159
love u too anon, do you like cats?

>> No.49481240

>>49481220
True, that was a golden opportunuty and i took it faster than lightening

>> No.49481243

>>49481210
5% sounds like a joke if you compare it to the rest

>> No.49481245

>>49481036
Well certainly not by just holding them but you can earn interest ,lending them to several protocols....

>> No.49481254

>>49481210
Where can I farm stable at 80%?

>> No.49481259

if you are confident and knowledgeable enough you can test in future markets

>> No.49481262

>>49481220
IT WAS, TOO LATE now what is poor OP going to do?

>> No.49481274

>>49481210
80% is a lot? you sure you read that right?

>> No.49481280

>>49481235
how do you know omgomgomg, i love those tiny little things and want to squish their facesssssssssssss

>> No.49481307

>>49481274
it's not, just accept it and enjoy

>> No.49481316

>>49481210
that sounds too good, but good advice for op, you have a good heart

>> No.49481322
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49481322

>>49481280

>> No.49481340
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49481340

>>49481243
What's the rest?

>> No.49481347

>>49481155
boooooooooooooooooring

>> No.49481353
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49481353

>>49481036

>> No.49481359

>>49481280
>>49481322
KEKEKEKEKEK You should get married or something

>> No.49481360

>>49481347
like your face lmao

>> No.49481417

>>49481036
Short the ones you think will depeg.

>> No.49481430

>>49481036
Short it on an up day for the stable coin, long it on a down day.