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Topic: Which cryptocurrency is best for storing money? - page 5. (Read 2046 times)

newbie
Activity: 36
Merit: 0
I think saving crypto currencies is a bit risky because I don't think we can know about the development of investment, maybe that choice
Do you offer to sell everything at once?
sr. member
Activity: 1148
Merit: 252
I think saving crypto currencies is a bit risky because I don't think we can know about the development of investment, maybe that choice
member
Activity: 854
Merit: 21
The best way to preserve the value of cryptocurrencies is to use US dollars backed stable coins. These coins will only fluctuate by a few cents above and below $1 effectively useful for preserving value, buying the dip and also taking profits.
Good examples are USDT USDC, GUSD.
USDT is the most common of all and is still the highest capped in the market.
full member
Activity: 434
Merit: 100
Best choice is holding in top altcoins and bitcoin. It would be great to find 4-5 altcoins and storage your money in them. I think it could be more safer to put your money in several coins, like eth, xlm, ada and others.
member
Activity: 490
Merit: 11
There is a huge amount of coins in the crypto market. And they all have greater volatility. Therefore, I would recommend you to invest in the most reliable coin. This is currently Bitcoin.
member
Activity: 280
Merit: 12
I always ask myself this question too and wish there was a definitive answer. I've been looking more into Ampleforth, formally Fragments, and believe it will be a great way to store wealth. Here's a bit from their website, might be worth checking out. Definitely a unique approach to crypto.

In addition to eliminating the negative effects of inflation, Ampleforth's supply policy naturally aligns with early adopters because even when supply changes, a given holder's percentage of the network remains fixed. Like Bitcoin, gold, and other floating price assets, the system implies a continuum of risk and reward except the difference is reflected in count, rather than price.
jr. member
Activity: 212
Merit: 1
I keep all my main crypto savings in Bitcoin and Ethereum. I treat the rest of crypto currencies with caution and for this I only have a small supply of other alternative coins that are included in the top 10 of the Coinmarketcap site.
member
Activity: 197
Merit: 10
with this market so variable if you are looking for a bit of security should invest in some stable coin my favorite are tether and true usd (is just a personal opinion)
hero member
Activity: 910
Merit: 505
in your case you can switch to stable coin such as tether ,true usd,etc. which is best for you as you are not a trader,you can also invest in potential ico or you can invest all fund into btc. yes it is manipulated but still btc is btc and it will be again manipulated to a new height.as there is no high risk associated with btc,you may think you are loosing fund in terms of dollar value but you will regain it in future.
member
Activity: 574
Merit: 10
i think for now you should so becareful to choose some coin or ICO.
i don't know wich cryptocurrency now is good, because i stop for now to invest in cryptocurrency.
maybe i will start invest again when the price is rise up and get profit.
becareful to choose.
sr. member
Activity: 714
Merit: 250
in my opinion it is not a means to save money but a means of future investment by using technological advances and advancing times
sr. member
Activity: 966
Merit: 254
If you do not care about passive income, only storing the value, then invest into digital gold - Bitcoin and you can be sure, that you have chosen the best one - most people believe in Bitcoin.
full member
Activity: 602
Merit: 100
Personally I continue to hold and buy Bitcoin, Ethereum and Ripple.... these 3 coins still have good liquidity and big capitalization compared to other ones and I think these are less risky in long term.
full member
Activity: 588
Merit: 100
Cryptocurrency is an opportunity to earn by trading or long-term investment, due to the high volatility of the crypto market. High volatility eliminates the notion of stability. There are relatively stable coins - the stable coins of the USDT and some others, the cost of which should be provided with a 1: 1 dollar equivalent.
member
Activity: 714
Merit: 11
BountyMarketCap
Ripple looks a little more stable than others, and has the potential to rise high in the future. so I think ripple is the best for saving our money.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
It seems to me that Ethereum is not bad for storing money, especially now, when the cryptocurrency market is starting to grow and you can buy this coin at a still quite low price.
Subsequently, after the market recovers, it is possible to sell it at a much higher price and get the desired result.
Why do you think that ATH will grow again at all? technologically ETH dies and does not develop. You need to invest only in Bitcoin
jr. member
Activity: 196
Merit: 2
It seems to me that Ethereum is not bad for storing money, especially now, when the cryptocurrency market is starting to grow and you can buy this coin at a still quite low price.
Subsequently, after the market recovers, it is possible to sell it at a much higher price and get the desired result.
member
Activity: 504
Merit: 14
Miracle Tele
     Investments in cryptocurrency are long-term investments. So if you store your money in the top coins, they will grow again after a certain amount of time. Do not panic and especially do not retire if you are at a loss, because you can not do anything else. We can not recommend a constantly growing currency, because there is nothing. You need to take advantage of situations when the price of a coin grows and you will not panic when the price decreases. Try to trade daily if long-term investment scares you.
sr. member
Activity: 644
Merit: 250
Nothing good except us. because a lot of coins actually fluctuate so much. and we really have to be careful when choosing coins that are really good. we know that now only bitcoin is also up and down so sharply
Not even bitcoin. But if he can afford to lose and then it would not be a big problem. Store our money in the major coin should always become the main choice. So far if you are seeing most of people are keeping their coins on the major coin form rather than stable coin to take the advantage from volatility.
member
Activity: 588
Merit: 11
Choosing the hottest altcoins would be nice for you to put up some of your money. Hot coins can pump more but to die less. They are known also as potential coins that can be on the top 10 in a short period of time once reach the some of the major requirements of having more investors and active trading activities. I cannot recommend any strong altcoins for because I assume you knew it already. Good luck
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