Hi guys. I’m having a bit of a pickle deciding if not to use any stable coins or not. I made some gains in DGB and I fixed some profit in DAI in order to put that DAI to work after the Bitcoin halving during the crash that will come. How do you feel about Stable coins and what are your favorite? I’m asking this, because I don’t trust USDT, due to the lack of auditing of their reserves. It’s no point using something that in the end is the same dirty rotten system that we are trying to move away from. Thank you for your replies!
I’m really confused as to how investing in stable coins would work.
I use DAI when the probability of a market crash is high. I sell my trading BTC position for DAI, wait for a dump in BTC price and sell my DAI for more BTC.