Most Secure Currency to Hold Funds

[Roboabhishek]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

[ASHLIUSZ]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

Bitcoin can be preferred as a currency to hold funds and the user needs to be active to make profit when it is rising as well withdrawal if the price move is found downwards. As mentioned in the above quote to avoid risks and be on the safer side it's good to hold funds in terms of currency that's been accepted and widely used within the country or in the form of gold which won't fluctuate as bitcoin.

[ufaiz50]

I have many bitcoins I'm wanting to cash out, but I'm debating whether I should do it for gold, or for USD. The possibility of the bitcoin price crashing scares me, whereas it seems impossible for gold to lose all value.

What do you hold the bulk of your wealth in?

cryptocurrency like bitcoin is risky and is not allowed for those who have heart disease , if for safer holding gold wealth any I had more money I always think  to buy gold and it's value of gold not will fall so hard

[taxmanmt5]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

I agree with yo, because you are afraid of bitcoin crashing down or its fluctuating value then for sure you fiat will gonna work for your scaredness, gold can be use too if you want to continue your investment convert your invested coin to gold.

[buharikx31]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

I agree with yo, because you are afraid of bitcoin crashing down or its fluctuating value then for sure you fiat will gonna work for your scaredness, gold can be use too if you want to continue your investment convert your invested coin to gold.

I cannot agree with your opinion because in my country, for the last 3 years the price of my currency goes down x3 times from 1$=8 to 1$ =28. I think better to hold your funds at strong currencies because your risk to get depreciation are high because of goverment

[shield132]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

That's not good choise because some countries don't have good and stable currency + euro, usd is mostly used worldwide and to my mind those currencies are great. OP said usd here, so it means usd is ok for him.
I suggest OP to convert bitcoin in USD when he chooses right time. Gold is also good but.... If I amn't wrong USA has lowered printing dollars and their currency is in a good way. Convert in USD, you won't lose.

[nara1892]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

That's not good choise because some countries don't have good and stable currency + euro, usd is mostly used worldwide and to my mind those currencies are great. OP said usd here, so it means usd is ok for him.
I suggest OP to convert bitcoin in USD when he chooses right time. Gold is also good but.... If I amn't wrong USA has lowered printing dollars and their currency is in a good way. Convert in USD, you won't lose.

not bad. but if OP chooses USD, it means that he will save it in bank. is it still a good idea? well if he is able to find a bank with good system, it would be good to hold USD in bank because holding USD in high amount in your house is not save.

[Xester]

I have many bitcoins I'm wanting to cash out, but I'm debating whether I should do it for gold, or for USD. The possibility of the bitcoin price crashing scares me, whereas it seems impossible for gold to lose all value.

What do you hold the bulk of your wealth in?

If you are that afraid then diversify your investment. Convert some of your bitcoins into USD and others into gold and the remaining one just leave it be in btc form. If in case bitcoin will never go back to its former glory then your losses is smaller since you have converted it to USD and gold. But if bitcoins value has increased again faster then you will earn a lot and you will never regret that you left some of your bitcoins.

[FLoving]

I will not suggest you to cashout your bitcoin at the present time because the value is in the way to increase in value so if you will keep them in bitcoin you may get the profit with price increase while if you will keep hem in USD then the price will be fixed and no chance to earn profit and in gold the profit is much lower.

[Kevin77]

I have many bitcoins I'm wanting to cash out, but I'm debating whether I should do it for gold, or for USD. The possibility of the bitcoin price crashing scares me, whereas it seems impossible for gold to lose all value.

What do you hold the bulk of your wealth in?

It depends in your interest dude. You are free to choose long term or short term, but if I where you much good to buy some of bitcoin then do the trade from time to time for to grow your bitcoin quickly. Although, Gold was also a good investment if you hold in a long term the value increase too just like lot in the real estate.

Actually, the best way that you could hold your funds on is gold, gold has been and will always be the safest investment out there on the market, and their prices go up if you are planning to go for the long term holding like a year or two, but it is not a currency, if not than I would suggest putting money on is of course bitcoin and just keeping an eye on the market.

[stergium]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

Bitcoin can be preferred as a currency to hold funds and the user needs to be active to make profit when it is rising as well withdrawal if the price move is found downwards. As mentioned in the above quote to avoid risks and be on the safer side it's good to hold funds in terms of currency that's been accepted and widely used within the country or in the form of gold which won't fluctuate as bitcoin.

yes i also agree with you. bitcoin is now becoming more and more secure and reliable currency and therefore now people are giving more preference to bitcoin and thy are really making good money from investing in bitcoin.

[genny2kuk]

I have many bitcoins I'm wanting to cash out, but I'm debating whether I should do it for gold, or for USD. The possibility of the bitcoin price crashing scares me, whereas it seems impossible for gold to lose all value.

What do you hold the bulk of your wealth in?

Bitcoin is still very good to hold your money in if you're investing. Only a trader will contemplate exchanging for another currency because of the price slump

[The_prodigy]

I have many bitcoins I'm wanting to cash out, but I'm debating whether I should do it for gold, or for USD. The possibility of the bitcoin price crashing scares me, whereas it seems impossible for gold to lose all value.

What do you hold the bulk of your wealth in?

When you are about to stock bitcoin you should be afraid bitcoin price decrease with in a day and rise after few months this is why people lose money on gambling when they don't sold their coins when the price is at 1200 plus dollar gold is good because it is stable but here in location it is very hard to find a buyer or hard to sell gold.

[aardvark15]

If you just want stability, I would hold funds in USD unless you can buy gold for a low price. Gold seems to vary in value as well as Cryptocurrencies. But if you want an investment to potentially gain value, USD isn't going to help.

[EeroTemel]

I have many bitcoins I'm wanting to cash out, but I'm debating whether I should do it for gold, or for USD. The possibility of the bitcoin price crashing scares me, whereas it seems impossible for gold to lose all value.

What do you hold the bulk of your wealth in?

Actually in such situations you can use btc-e sort of sites because there you can store btc in form of USD and then you can buy bitcoins whenever you want with those dollars and hence you wont loose anything. though the price might increase also and u will regret.

[Marma Kalari]

I think you should hold the currency that your country accepts.
This is because it's value will not go down even if you want to withdraw,
This is how i also do.

I would like to inform you that it will go down in valuation,if you look at forex trade the prices do change daily and it all depends upon your currencies valuation and for people living in the war zones especially in Iraq and Syria and even in Iran it is advisable to hold your funds in dollars or bitcoin rather than in your local currency.

[genny2kuk]

Bitcoin it is. Sure to rise in value in the long term

[Lancusters]

Bitcoin it is. Sure to rise in value in the long term

It seems to me that in order to protect your risks needed to keep their savings in 2 major currencies and bitcoin. When will fall in price in one currency and the other will grow. This strategy means that you make less but the risk is small.

[pixie85]

Bitcoin it is. Sure to rise in value in the long term

It seems to me that in order to protect your risks needed to keep their savings in 2 major currencies and bitcoin. When will fall in price in one currency and the other will grow. This strategy means that you make less but the risk is small.

It also increases your chances of not earning anything if one of your currencies goes up in price and two other go down, or one up one down and one remains flat.
Differentiating is good, but investing in many currencies may prove difficult to handle if you decide to hold 2 fiat currencies and 1 crypto. If fiat crumbles it can take down more than one currency at once.
Anyway, If i had to choose a fiat to hold it would be the currency of the country I'm residing in and it wouldn't be more than 20% of my assets. I prefer Crypto, gold, properties. Everything is better than fiat.

[X-ray]

Bitcoin it is. Sure to rise in value in the long term

It seems to me that in order to protect your risks needed to keep their savings in 2 major currencies and bitcoin. When will fall in price in one currency and the other will grow. This strategy means that you make less but the risk is small.

Too many people have done it, Try to migrate his decimal into another major altcoin such as ethereum and dash. And at the same time make more people to buy more major altcoin and it gives massive pump for the altcoin itself. But i think if USDT is preferable.