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Topic: Which cryptocurrency is best for storing money? - page 6. (Read 2046 times)

member
Activity: 448
Merit: 12
Holding your coin is quite different from you saving it, and there are some risks attached to it, which you should understand before you invest into it. So save yourself from loosing, you should either save in stable coins like GUSD, TUSD and others or you buy coins that are well established. Such as coins like BTC and ETH, but it will be good you buy them when their prices are low, such as what we have now.
jr. member
Activity: 370
Merit: 1
I've seen and followed this project for months now, it's a hedge fund. Countinghouse (CHT) is the most stable coin I have seen in the past year. Irrespective of how the market moves, your Fiat value is always same most times it increases in value.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
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
legendary
Activity: 1722
Merit: 1014
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?

Nobody will help you to win here, on crypto market. You should learn by yourself, create your own portfolio, get your own experience. Make some tests, analyse your mistakes, and gain knowledge.
member
Activity: 308
Merit: 10
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?
I don't think you can store money with cryptocurrency, you can make a profit from it but you can also risk it if you don't understand it, my advice is you should stay away from it when you don't understand it.
full member
Activity: 868
Merit: 106
Cryptocurrency is more appropriate for you to use as a trading tool, but if you want to save your money in coins, the best choice is bitcoin because, in my opinion, the most influential coin is bitcoin for now and in the future.
copper member
Activity: 648
Merit: 159
You said that you're not a trader, so I can give you advice to choose stable currency like USDT. Of course that coin can be store in world wide, just need to exchange it to paypal balances. I'm not choose btc or eth cause its so volatile, its so risky for you as well. You can look at the chart of these coin, since 2018 till now there is just going down to the bottom.
jr. member
Activity: 350
Merit: 1
FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET
You need to decide this, but in my opinion the most optimal investment was and will be Bitcoin!
copper member
Activity: 118
Merit: 0
You must remember Cryptocurrency  is an asset not a fiat money,  and every asset is not stabilize so if you want just store cryptocurrency for payment and service i will recommend bitcoin and USDT the risk of this two coin is very low !!
full member
Activity: 1134
Merit: 103
If you don’t want to take a lot of risk, then it’s best to store in BTC or ETH, you can also choose one of the 10 top coins, but it would be more correct to analyze each coin and who is behind it, so that the decision was not hasty, but conscious.

Even those prices are also kept falling in the market which makes us lose value because most of the people will not patiently wait for their money recovery. But both the Bitcoin and Ethereum are the best coins for holding them for the long term in order to get more profit.
member
Activity: 532
Merit: 10
No crypto can guarantee safe to save money. the ablest to happen is it has a big risk when entering money inside. at least if you want to choose crypto then look at the top of the ancients where much crypto is good enough and stable enough. among the many existing ripple can be used as a recommendation as a place to save money.
full member
Activity: 426
Merit: 100
If you don’t want to take a lot of risk, then it’s best to store in BTC or ETH, you can also choose one of the 10 top coins, but it would be more correct to analyze each coin and who is behind it, so that the decision was not hasty, but conscious.
full member
Activity: 1316
Merit: 126
No mater what anyone would say, I would store money just in two cryptos: Bitcoin or Ethereum. The others seems to be manipulated more that these two
As mostly people's choice but to think also that there is no stable price in crypto and it change anytime.  Though storing your money in this two coins is good but never assured that it will be safe forever. The risk for now is getting stronger and you might just prepared for what are the possible things to happen in the near future.
jr. member
Activity: 336
Merit: 1
There is really no coins to safe money rather its investment and you have to bare in mind the risk involved so it's either it appreciate or depreciate, you can never get constant value for your money while storing your money in cryptocurrency but it's advisable to chose stablecoin when storing your money in crypto
full member
Activity: 546
Merit: 100
EndChain - Complete Logistical Solution
No mater what anyone would say, I would store money just in two cryptos: Bitcoin or Ethereum. The others seems to be manipulated more that these two
member
Activity: 574
Merit: 10
The best crypto for storing money is usdt or dai. Stable coin helps your to save value without fluctuations. To my mind every person should hold part of funds in stable coins and in case of black swan he will be able to purchase crypto currency.
full member
Activity: 769
Merit: 108
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?
We can't predict which coin is the best because crypto is anonynim, but my suggest is 50 : 50.
50% in cryptocurrensy like bitcoin, ethereum, ripple, xlm and etc, split your 50% funds in many kind of coins
And another 50% choose fix price cryptocurrensy like TrueUSD(TUSD), Tether(USDT), your fund safe because this coins based on usd. And also this is more safe than bank because no fee
sr. member
Activity: 1009
Merit: 328
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?
The only cryptocurrency I trust very much is Bitcoin, don’t trust the others that much. There are still stable coins and you can make use of those in storing your coins so that you don’t lose, but I wouldn’t use them. Instead of that I’d make use of wallets that allows users to exchange cryptocurrency for the real currencies and also store them in the same wallet so they can exchange it for crypto of their choice later or better still  leave it in Bitcoin.

Moreover, cryptocurrencies are not the recommended way of storing your money. It may value up or down based on many reasons. But in long term basis, value will increase for sure. If you are not ready to understand these then please avoid using cryptos for strong money.
Yes I agree on that bitcoin is the most amazing crypto currency and it is really a good for investment, but is we don't understand how bitcoin works maybe we are easily get loss on it. So we need to understand everything first before doing bitcoin action to earn a huge amount of profit because we can also possibly loss on it of we are going to make action without proper understanding.
hero member
Activity: 1022
Merit: 538
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?
The only cryptocurrency I trust very much is Bitcoin, don’t trust the others that much. There are still stable coins and you can make use of those in storing your coins so that you don’t lose, but I wouldn’t use them. Instead of that I’d make use of wallets that allows users to exchange cryptocurrency for the real currencies and also store them in the same wallet so they can exchange it for crypto of their choice later or better still  leave it in Bitcoin.

Moreover, cryptocurrencies are not the recommended way of storing your money. It may value up or down based on many reasons. But in long term basis, value will increase for sure. If you are not ready to understand these then please avoid using cryptos for strong money.
newbie
Activity: 61
Merit: 0
Well, perhaps unsurprisingly, the answer to this question is Bitcoin, simply because it's accepted as a payment more widely an it is less volatile than any other cryptocurrency. It’s also the most widely invested cryptocurrency
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