Which cryptocurrency is best for storing money? - page 2.

sarrpora

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Quote from: tsurpalglobe on May 25, 2019, 04:32:35 PM

Do you want to say that there are solutions that help to evaluate the market rationally? Kinda with machine learning or something. To have a deeper understanding of the industry...

Yes, of course. I am not sure that there are several, however I am aware of a truly advanced solution, Vespucci. If you are in somehow deeply in crypto, I believe you must have heard of them

tsurpalglobe

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Quote from: sarrpora on May 25, 2019, 04:27:35 PM

I would probably agree with you. Every person is interested in different industry, thus what is good for one person may be not that good for another. So the question is definitely controversial. However talking about the market in general, of course it is important to evaluate the coin before investing. And of course, in here we should use advanced solutions

Do you want to say that there are solutions that help to evaluate the market rationally? Kinda with machine learning or something. To have a deeper understanding of the industry...

sarrpora

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Quote from: tsurpalglobe on May 25, 2019, 04:25:56 PM

This is a pretty controversial question. How can we call the cryptocurrency being good or bad for storing money? I mean from my point of view, this is basically about everyone's personal opinion. How can we be objective in here?

I would probably agree with you. Every person is interested in different industry, thus what is good for one person may be not that good for another. So the question is definitely controversial. However talking about the market in general, of course it is important to evaluate the coin before investing. And of course, in here we should use advanced solutions

joseyphil82

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It depends on the one storing the money ,if the person prefer long term storing I'd advice to go for bitcoin ,that can bring better value to your holdings in near future but if the person wants to store for short term its better to use tether or usdc

tsurpalglobe

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This is a pretty controversial question. How can we call the cryptocurrency being good or bad for storing money? I mean from my point of view, this is basically about everyone's personal opinion. How can we be objective in here?

prof7bit

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https://youengine.io/

Quote from: Amejoaquim on May 24, 2019, 09:28:23 AM

For storing money you need to invest in bitcoin or NEM because bitcoin and NEM is very stable than another alts (My opinion), when you talking about storing, all you need is stable coin.

I don’t believe in NEM at all, this is a very dangerous investment. If you compare the coin with Bitcoin, then it definitely should be Ethereum.

Amejoaquim

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For storing money you need to invest in bitcoin or NEM because bitcoin and NEM is very stable than another alts (My opinion), when you talking about storing, all you need is stable coin.

voloda1985a

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ADONX - A New Exchange Era

If your main goal is storage, then use stable coins, the rate of which is almost unchanged and you will always be with your money.

mahibul49

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i think ETH,BITCOIN,LITECOIN,XRP AND ADA is best to hold your money!you can buy and hold for a long term and they will make you rich

MOProgress

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Quote from: Qurelal on October 28, 2018, 05:42:38 PM

I have a cryptocurrency. I kept my money in different currencies. I use coins for payment and I'm not a trader. The situation on the cryptomarket has long been incomprehensible. I'm afraid I'm doing something wrong and I want to ask for advice.
Tell me, please, which cryptocurrency is the best for storing money? What is the best coin to choose? What do you think about this?

There are only two coins I can advise anyone to keep their money as storage, because of my past experience, and that is Bitcoin and Ethereum.

rarkenin

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Top coins are clearly best for storing the money, it is a determination of the trader which coin has a better store of value. I can suggest XLM, BTC for holding a long term but the last decision should be made by you.

minersday

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Ethereum and Bitcoin can be considered as a best way to store money but the only problem with these crypto coins is that they both have the power of either increasing in their market value or decrease. But if you are only interested in just storing your money without getting any passive increase in its initial value then I will suggest you store your money in any of the stable coins available in the crypto ecosystem such as USDT. Such crypto coins have no depreciating factors.

2tang

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Undeads.com - P2E Runner Game

investing varies can indeed be a good trick to avoid total losses but it can also be a potential way to hinder your capital growth because there may be some types of coins that you choose that are detrimental and that will reduce the profits you make from good coins , therefore it is better for you to only invest in coins that have proven good, for example, bitcoin

shoreno

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Quote from: 2Kool4Skewl on May 22, 2019, 09:58:21 AM

As for me, bitcoin should be perfect for this business. He and more stable and very well is gaining momentum for growth. And its best to use.

I agree when you say bitcoin is the best for this business because bitcoin has a huge price point and that means we can double up our interest pretty easy if ever bitcoins price increases however i wont agree with you when you say that bitcoin is more stable . Bitcoin is actually the most volatile type of crypto among other coins but its not a problem at all because its high voltility can also be the reason on why it can pump too fast and too much

roadwell890

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Quote from: 2Kool4Skewl on May 22, 2019, 09:58:21 AM

As for me, bitcoin should be perfect for this business. He and more stable and very well is gaining momentum for growth. And its best to use.

good growth and Bitcoin can become Bullrun later, if Bitcoin rises chances are Altcoin will also follow up.
to choose, we must investigate and not choose the wrong one because not all Cryptocurrency is good and we must be good at choosing it.
Bitcoin is the king of coins so he is the best choice and the risk is not too big because he is stable.

syamster

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Quote from: karagun125 on May 22, 2019, 06:04:58 AM

I think if storing for a long period of time, it is good to store it in BTC, because bitcoin is good in a long term investment, and also bitcoin is good to store money with because of its trading volume, ranking the first and most volume coin in the market.

Same as you I really think that bitcoin is the best coin which has largest potential and it has high capacity to overcome your lose, it has higher trading value and an investment strategies, I think till now no coin has been that capable to give investors that much profit only for holding as bitcoin gives, recently bitcoin was best to buy for low price but now time to show patience for huge reward till end of 2019, bitcoin is the best.,

abbccoin

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The most logical choice would be Bitcoin for several reasons: it currently has the largest market cap among the crypto market; it is among the most highly-traded crypto daily; it is the most adopted crypto as mode of payment in various shops and services; and majority of altcoins have it as their trading pairs.

In terms of utility, it is widely-accepted as the gold digital currency, alongside other altcoins like Ethereum and Litecoin. Also, despite volatility, Bitcoin's bullish movement is evident, and suitable for either short or long term investment. Even if other altcoins might be in red, BTC will not be directly affected. But still, you have to be smart and careful in handling crypto, keep yourself updated to foresee what might affect the market stability.

2Kool4Skewl

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As for me, bitcoin should be perfect for this business. He and more stable and very well is gaining momentum for growth. And its best to use.

tsaroz

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Quote from: Qurelal on October 28, 2018, 05:42:38 PM

I have a cryptocurrency. I kept my money in different currencies. I use coins for payment and I'm not a trader. The situation on the cryptomarket has long been incomprehensible. I'm afraid I'm doing something wrong and I want to ask for advice.
Tell me, please, which cryptocurrency is the best for storing money? What is the best coin to choose? What do you think about this?

It would be bitcoin.
Though you can't expect a huge gain, you'll always be sure, you'll be one of the highest gainers and lose lower.
Bitcoin has performed well in every bull and bears and is one of the most trusted crypto.
It has huge buy and sell orders making it much stable than any other coins of its nature.

bastian466

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PredX - AI-Powered Prediction Market

The best coins are chosen like the top 10 in coinmarketcap, but if you want the best, only bitcoin is right because it is now increasing

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