GIFZE
Well-known member
In highly volatile markets, stablecoins and volatile altcoins serve distinct purposes for traders on Beaxy. Stablecoins, like USDT and USDC, provide a safe haven by maintaining a stable value pegged to fiat currency, offering protection against sudden market swings. They are ideal for preserving capital and moving in and out of volatile assets without exposure to extreme price shifts.
Conversely, volatile altcoins can offer high-reward opportunities but come with the risk of rapid price fluctuations. In uncertain markets, traders often use a mix of stablecoins for stability and altcoins for speculative growth. Balancing these two can help optimize risk and opportunity on platforms like Beaxy.
Conversely, volatile altcoins can offer high-reward opportunities but come with the risk of rapid price fluctuations. In uncertain markets, traders often use a mix of stablecoins for stability and altcoins for speculative growth. Balancing these two can help optimize risk and opportunity on platforms like Beaxy.