Stablecoins (1:1 USD pegged) should be part of any crypto portfolio…

@BehiverOnNoiseApp 17 April 2021 more from that month

Stablecoins (1:1 USD pegged) should be part of any crypto portfolio in order to ensure stability in bearish markets. In the same time those can be used in DeFi project with impressive gains so another reason to have them. But what weight (%) should the stablecoins in anyone's portfolio? I am thinking somewhere about 20%, but wanted to grasp your mind on this... so what's the golden number to hold those in the portfolio? #Leofinance

+KT
+BCH

4 comments

t@thedOnNoiseApp 17 April 2021

i have around 30%. just because nexo pays bigger interest for them than btc or bch
U@Ugomarc 17 April 2021

As a rule, my LP tokens must be a combination of a stable coins and any other alt. I never choose two alts for LP in my DEFI investments.
- @BehiverOnNoiseApp 17 April 2021
  
  That is an interesting choice and while I have LP paired with Stablecoins, I have also paired between altcoins. Not sure if that is good or not... any thought of an inconvenience in doing so...?
  - U@Ugomarc 17 April 2021
    
    More like my strategy trying to reduce my risk in the event of impermanent loss. This way I am only exposed one way instead of two. I am much more comfortable this way. Most defi tokens are quite volatile and have not been in the market for long. Especially LPs with high APY/APR