The dollar is on the rise, and stablecoin blockchains like Solana and Tron are looking good. Is there anything else that's too risky to hold or invest in?
That sounds a bit too neat to me. Holding dollars or stablecoins can make sense if your goal is parking value, keeping dry powder, or avoiding volatility for a while, but calling them the "best assets" is stretching it. A stablecoin is mostly a transport wrapper for the dollar. It's useful, sometimes very useful, but usefulness and upside are not the same thing. A screwdriver is useful too, I'm not marrying one.
Dollar stablecoins, you mean USDT, USDC, USDe, etc.? Those are all pegged to USD in a digital form which is totally centralised. I don't see them as an asset which gives value unless you are holding them against a country's weak local currency like mine (NGN), but then again the risk of calling such an asset and recommending its safety is very risky; you can't consider an asset which can be frozen while held in your wallet to be completely safe.
Honestly, mine used stable coin for short term to avoid the volatility. It also becomes my medium of exchange when i wanna buy a hedging asset. However, it's kinda stupid when you hold it for long term, except you can stake it, then get APY that will help you to fight against the inflation.
My reason caled it terrible to hold stable coin with long term frame due to the inflation. Inflation will always eat its purchasing value. So, a very wise investor will only use it as short term medium to avoid the volatility. They will convert it back to the hedging asset such as gold or btc in order to fight the inflation.
To conclude, the usefulness of stbale coin is totally depending on the owner itself. So, it's gonna be the best when the owner used it wisely. That's why stable coin for short term, yes, but for long term, no!
Risky or not is matter of perspective, Dollar has been falling against euro in the past few months yet I'm willing to bet that you didn't notice because you judged value of things based on USD and you still consider USD as non risky asset to hold.
Same with me but I don't consider anything else to be too risky before doing any research, bitcoin is still worth to hold and has shown resilience against the tension in geopolitics and even in oil crisis.
You have to know that SOL and TRON are not stablecoins, they rise and fall although stablecoins like USDT can be minted in their blockchains. Stablecoins also fluctuate but very small so their net change is insignificant. If you want to invest in asset that you aim to make profits from, consider investing in volatile assets like SOL and TRON and even Bitcoin but you must give them enough time to generate the profit. The market is at a good point for buys as prices are very low.
This is completely not true at all because solana, tron go up when the price of bitcoin is going up. Bitcoin would have gone up more, later consolidate and the coins will go up more. This is the reality. They are all following the price of bitcoin.
I think you are still a beginner, you have a lot to still learn but not bad to ask questions on this forum.
To mind you, even they're stable coins the risk[1] isn't gone especially if you're holding a centralized stable coins from those networks of sol and tron. This time, there's another thing that has happened with the USDC and they have frozen millions in some wallets but they're hot wallets or have some suspicious activities that were done.
[1] Circle Froze Millions in USDC Across 16 Wallets Now Its Rolling It Back