2025-12-25 09:30:15

So $KGST is a stablecoin. I thought it would have the same potential for appreciation as other currencies, but it turns out this thing just maintains a locked price. To be honest, I didn't understand its mechanism at first and was hoping to profit from price differences. Looks like I need to update my understanding of various cryptocurrencies.

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StrawberryIce

· 11h ago

Stablecoins are just stablecoins, what can you do... understanding the mechanism earlier is better than blindly expecting.

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CountdownToBroke

· 11h ago

Stablecoins are just scams, really. I've been duped too, thinking I could double my money.

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New_Ser_Ngmi

· 11h ago

Stablecoins are just stablecoins. Why are you still trying to profit from price differences? Isn't that asking for trouble?

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StealthDeployer

· 11h ago

Stablecoins are just stablecoins. Want to make a profit from the price difference? Bro, you're just looking for lottery tickets in a casino.

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GamefiGreenie

· 11h ago

Oh well, that's how stablecoins are. I've also fallen into that trap.

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StopLossMaster

· 11h ago

Stablecoins are just stablecoins, what else can you expect... If you want to make money, don't mess with this stuff; look for more volatile assets instead.

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Token_Sherpa

· 11h ago

ah so you just discovered stablecoins aren't lambos, got it. classic velocity trap right there—people always chase the appreciation narrative instead of understanding actual tokenomics

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