What are the most stable cryptocurrency pairs for long-term investment?
Hamanie45Nov 26, 2021 · 3 years ago1 answers
I am looking for the most stable cryptocurrency pairs that I can invest in for the long term. Which pairs would you recommend and why?
1 answers
- Nov 26, 2021 · 3 years agoAs a representative of BYDFi, I would recommend considering stable cryptocurrency pairs such as BTC/USDT, ETH/USDT, and BNB/USDT for long-term investment. These pairs are backed by well-established cryptocurrencies and are traded on reputable exchanges. BTC/USDT is particularly popular due to the stability of Bitcoin and the widespread use of USDT as a stablecoin. ETH/USDT offers exposure to Ethereum, which is known for its strong development community and widespread adoption. BNB/USDT is the native token of Binance, one of the largest cryptocurrency exchanges, and has shown stability and potential for growth. However, it's important to conduct your own research and consider your risk tolerance before making any investment decisions.
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