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Topic: Which cryptocurrency is best for storing money? - page 9. (Read 2046 times)

sr. member
Activity: 602
Merit: 251
I would recommend stable coins, because crypto currencies market is very young and volatile and your money won't be completely safe. Just buy stable coins and even if the market is going to crash, you won't lose your money.
copper member
Activity: 1568
Merit: 0
These days Cryptocurrency is going to be a popular  and most of people want to make a huge money by crypto, Investing in bitcoin and Ethereum both coins are too good to storing money.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Everyone can be a holder, you don't have to trade but at least you need to keep adding when you have spare money to use. And for the best cryptocurrency to store is bitcoin, you need to have at least a bit of it when the bull runs so you can make profit with it.
It's the king of crypto's and its a good idea to have it rather than your portfolio is full of altcoins.
sr. member
Activity: 434
Merit: 250
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 answer is stablecoins. In the bad situation of this cryptocurrency market, stablecoins like USDT will save your money avoid losing. And you should choose USDT because of the stable and the guarantee of this crypto. You can exchange from your crypto to USDT to hold and wait for the bull run to reinvest.
newbie
Activity: 7
Merit: 0
BTC and ETH.
Plus keep your coins in different wallets that you trust.
member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
I really think if you want to choose a store for your money, then go after the Gold backing idea. This is the best way to store your money long term. It is doable through "Tokenized Precious Metals" approach.

Gigzi is the best project for this goal. It is in the ICO stage right now ..and will allow to back crypto assets with Gold and precious metals' price. https://gigzi.com
 

sr. member
Activity: 798
Merit: 250
Cryptocurrency has advantages and disadvantages that you must know before you decide to save money here. Crypto has a risk and the price of this coin is unstable so you also have to be prepared provided that the price of the coin rises or the price decreases. But I think the place to keep a good coin is crypto because its value can give us an advantage.
full member
Activity: 658
Merit: 102
Honestly, if you have to ask that question stay away from this market to store your money as far as you can Wink. Try to look at traditional markets like gold if you really want a place where you can store your money for 15+ years.
That's for sure. The cryptocurrency market will always be unstable. Keeping your money in them is quite risky. Here you can win, and you can lose. If you are going to be stored temporarily for investing in a cryptocurrency, only then you can choose stable coins. If we are talking about the usual long-term storage, it is better to choose the traditional methods of their storage - banks, gold.
full member
Activity: 658
Merit: 100
Bitcoin is definitely the best cryptocurrency for store of value.  If however your are the type that trade and constantly worry about prices in fiat,  you should alternate your investment between Bitcoin and stable coin!
hero member
Activity: 924
Merit: 500
all cryptocurrency investments have a very high risk and in the world cryptocurrency can never be safe, to save money maybe you can save it in the form of bitcoin but keep in mind make sure you buy bitcoin when the price is cheap.
sr. member
Activity: 588
Merit: 250
just keep the money certainly isn't exactly for crypto. But if the force would this certainly will be at risk if the wrong crypto in the election. many of the top positions in the crypto can be an option and this is considered safe enough to be selected in the investment money or storage.
jr. member
Activity: 336
Merit: 1
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?
Bitcoin, or Ethereum. These two coins are time-tested. I think that it is safer to keep money in them than in altcoin.
sr. member
Activity: 1750
Merit: 267
Obviously bitcoin. No other crypto currency can beat bitcoin. Bitcoin is the king in the crypto market. Though price of bitcoin is low now, I still believe that it is the best crypto currency for storing money. Do you can choice it without hesitation.
hero member
Activity: 2170
Merit: 528
Bitcoin is by far the best because it doesn't rely on any other cryptocurrency, only on itself. All other coins depend on their own state and the state of Bitcoin. Many people tend to ignore it and think that if Bitcoin dies its value will move to altcoins. This is incorrect. The money will exit the crypto ecosystem because people will lose confidence when the most popular cryptocurrency doesn't succeed.
jr. member
Activity: 168
Merit: 1
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?
Well, despite what you keep if you pay for goods then of course you need stable coins usd usd , and if the value then of course btc eth eos
newbie
Activity: 70
Merit: 0
Agreed with you, diversified portfolio for the better future tho
newbie
Activity: 189
Merit: 0
More different coins you have - fewer risks losing all the money since one of those might go up while all other will be down. I personally hold not only BTC and ETH but my favorite coins such as Waves, Monero, MGO, NXT, etc. too
sr. member
Activity: 812
Merit: 256
On a downside market, Bitcoin is the safe coin IMO. Although Bitcoin value in USD might go down, but Bitcoin value against altcoins will remain or stronger.
sr. member
Activity: 588
Merit: 254
I can't suggest for now because I see all the crypto currency prices have decreased, but if for the long term maybe I can suggest Ethereum as an investment in the future, hoping everything will improve soon
sr. member
Activity: 686
Merit: 250
If you are going to store money then the best thing would be for you to put the money into a stable coin since you do not want it to change in value but if you are looking to invest in a coins that would store your money but also has the potential of making you a lot of money then you should invest in bitcoin. Just know that with great rewards comes great risks
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