►This is an EXCLUSIVE Clip for DAN CLIPS. Q of the DAY – Should I Put My Holdings Into STABLECOINS If The Dollar DROPS?
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1533
Summarize this content to 100 words [matched_content]
#DAN #CLIP #EXCLUSIVE #Put #Holdings #STABLECOINS #Dollar #DROPS
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23 Comments
Moe&Co
need too check out bidaochain, bid/ bai stabelcoin project, just now on uni, binance next.
Anjel Gunnarshaug
Great video Dan.
Andy Liu
u save luke 12%on state taxes in Texas! So its even!
Counselor Corrales
So what STABLECOIN should I buy of the many out there knowing that the dollar will be zero eventually and even though I can store it on Celsius for interest my savings account into crypto will survive on shaky ground since there is no place to hide ❓❓😞
Counselor Corrales
I hear many commentators like Simon Dixon telling me that Europe will go down 1st because they are already socialist and will take the gov’t dig Currency. While here in CA USA 🇺🇸 I will only be able to use my gov’t D C if I get vaccinated and spend my absorbed dollars now gov’t credits like they want 🤬👎🏼 We here in the USA will be forced to take on the CCP SOCIAL CREDIT SYSTEM that Xi Peng uses to track and enslave the Chinese citizens. I’ve studied how the CCP has installed this credit system and mapped and track everyone. Godzilla Google Facebook and Alibaba built this social credit system for the CCP and the wicked Bill Gates and other 🐳 ‘s are in on it’s installation. So it’s ready to go and the banks will be swallowed and the Feds and Central Banks – IMF, Council on Foreign Relations will sweep us 🌊 us into slavery. Alex M. has already stated that if I try to hide my savings in crypto on Celsius and the US gov’t wants to track me or even take my crypto he says that he will do what the government wants. Bottom line is there is no place to hide 😣😞👊🏼
Counselor Corrales
Okay now I’m 75 retired here in Berkeley CA living off my pension from the CA State Teachers Retirement system – CALSTRS . Everything I hear and Alex does not talk about this but George Gammon, Danielle ? , Mark Moss and others are saying the banks are collapsing the Feds already have the government digital currency in place to phase out the dollar and force me by taking my savings accounts and making me take Govt Digital Currency then fully controlling my life 👿👎🏼😞
Counselor Corrales
Great Dan I really needed to hear your ideas on this clip so I am hoping that you will continue answering our questions.😁 I already listen to all your DA presentation s and I think they’re perfect but you only answer questions at the end. But on this clip you gave out a lot of personal info 👍❗️ This is important to me as a beginner since I a beginner and I look at you as my mentor whom I can trust 🐳
Francesco Garofalo
Today, YFII (DeFi.Money) can arrive to all time high. please, after the gain, contact me and send me a little gift. Best regards
tritosac
Another option is NEXO. I am also in Texas. They offer interest earn on stable coin. It's 8% and up to 10% if you buy and hold NEXO tokens which must equal at least 10% of your stable coin balance for you to get the full 10% interest on your stable coin. While I have used NEXO I have mixed feelings. They didn't pay me my dividend on holding NEXO tokens which are paid out once a year simply because I had not provided a picture of my drivers license or passport on time. That's the only beef I have with them. And if the value of your nexo tokens go down below the 10% of the total value of your stable coin holdings then you'll only get 8%. Unfortunately the nexo token value has gone down 10 cents over the past couple of months. If celsius opens up to us Texans I will gladly use them for stablecoin deposits.
Edras
Another channel all this time and I didn’t know. Gotta start catching up on these clips.
Adri San
In my late 30s with kids. 50% crypto, 20% gold, 15% cash, 15% stocks. If I was in my 20s I'd be 90% in crypto.
Randy on Beer
I think it's a good idea to keep some of your reserve cash in stablecoins on a service like Celsius. You earn way better interest rates, still have decent liquidity, don't have to worry about a crypto market dip just when you need the funds, and also don't have a huge tax bill to worry about if you need to spend it. I figure that 11+% will keep well ahead of inflation until if/when the dollar collapses. At that point we'll have bigger problems to worry about. And also that's why you should be putting some money into BTC.
Taking Notes
Ohio wants to know if the dollar goes down does the stable coin go down in price too ??
Crypto Gold
From the Uk.
TrueGbp can earn nearly 12% on Celcius!
Not purchased stable
Coins before, want to put a big portion of my savings in Celcius. Does anyone have an opinion on TrueGbp?
Bubbly Bull
Hi Dan, I’m not sure that the question was about the steadily declining purchasing power of the dollar as much as it was about a shoking dollar devaluation in case of rapid hyperinflation.
Say you need 1 million dollar to buy your coffee tomorrow, why would you trust stable coins today since they are pegged on the dollar and also what should be a good exit strategy when you’d like to cash out on your profit in crypto since you won’t want to sell for dollars? Some like to swap their currencies for gold. What’s your plan?
Tim Sullivan
Heck yeah buddy, I'll support the 2nd channel 🤙
Greg Rickard
Got about 75% of mine in there.
D Si
Thanks Dan… another good food for my brain. 😉
sandrstudios
For 11% why not just get a P.O. Box in another state and use a VPN?
Min Woo
Even though some countries are moving away from the dollar dominance, T bills are still highly regarded as the safest haven asset in the foreseeable future. And the pricing of commodities, esp oil, in USD is still rather inflexible. What time horizon do you personally have in mind for fiats to implode? Just curious about your take Rob.
Edgar Escarrega
Great idea with this new channel excellent thank you
cat car
Can you explain why we should transfer our btc and crypto to a ledger? Why can’t we keep it on the exchanges? Is that unsafe? It seems easier, like a bank. What if we lost our password phrase? Is all lost? Isn’t it easier for a company to retrieve a password? Is it a must? Another gadget In my home, what a pain…
Iona Johnson
Hi Dan,
Can you explain how Stablecoins work in relation to the USD? …I'm not understanding how: if the dollar drops .. Stablecoins can save my $$
…. And is one Stablecoin better than another?
I love your Channel. …. great job!!!
Thank you!!!