Which cryptocurrency is best for storing money?

[emberbekas]

I saw this post sometime ago but was reluctant to reply to the thread. You mentioned best crypto for storing money, I think you should be looking at stable coins like USDT if you are so scared of the dwindling market situation. But the next option will be to hold some btc or altcoins  with great project backing.

Storing money means we want it to be stable so the value when we store and the value in the long term won't change significantly. And yes, USDT could be the best solution to it.  Most cryptos are so volatile and it fits for investment purposes rather than for storing money.

[BennyK]

For storage of money, Tether (USDT) has recorded the best of all time. The USDT cryptocurrency is designed to bring a safe haven to all crypto investors and holders in times when the market is bearish. It shows resistance to great fall and great rise hence providing apparently no profit or loss when holding USDT.

[Aiberg]

Since you said that you are not a trader and just need a Cryptocurrency to store your funds, it is obvious that you are not looking for profit so the best currency to store is a stable coin like USDT.

[gowobonyok]

because bitcoin shows the most drastic decline, so I think for the future, etherum is safer to save money. although Etherher also fell, but not as big as the decline in bitcoin.

[SwiggHeart]

Nope. There is no kind of cryptocurrency is best to store all you  money in one pocket.

[Nivelir]

As usual, such questions are best to talk about top coins that were already earlier or projects that already have their products and, accordingly, the presence of tokens already carries with it the opportunity to receive dividends.

[hellyah070]

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, are you just focused on keeping your money on track? Or also wanted to earn profit while you just wait? Bitcoin is a volatile crypto, you can store on it at the same time earn profit when its value soar high.

[AUDI_A6]

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?

This is of course Bitcoin. Bitcoin and bitcoin in Africa. Of course, a small portfolio diversification is possible, but not more than 7-8 coins. These are time-tested oldies. If you pick them at the bottom, it will be luck. In any case, if in long-term storage, you will have greater profits.

[Script]

If we are talking about saving money, then I would not advise looking towards crypto. This is not a stable element, it has big ups, like big falls. This is an option for investment. To save money, it is better to choose different traditional options, such as gold. And I would not put "all the eggs in one basket."

[passwordnow]

If your sole purpose is just to store your money, you can use those stable coins. But if you have aim for long term, I urge you to buy bitcoin and store your money there. And before doing that, do you have the courage to take on the responsibility of buying it? I mean that you won't blame anyone for having that kind of risk if something makes your money lesser due to volatility?

[mrkavasaki]

As usual, such questions are best to talk about top coins that were already earlier or projects that already have their products and, accordingly, the presence of tokens already carries with it the opportunity to receive dividends.

POS is the method to help hold coin holders to receive dividends. However, they are not very special and profitable

[Bugatti73]

In bitcoin becouse it is one really decentralized cryptocurrency in all of the world, nobody can touch it!

[daporivera]

before storing your money in cryptocurrency, you have to know it is highly volatile. your money could loose it value and it could also appreciate. you have to ensure you are willing to take the risk. since the crypto market condition is not yet stable, it is better to store part of your money in crypto and what is left in gold etc. that way you wouldnt loose on both ends.

[Huntler1993]

It will be hard to single out one coin aside the few stable coins we have in the system. Therefore you have to to go  in there with much research and with luck on your side you might make it big.

[wesk1212]

It seems to me that Bitcoin is best suited for this business.  Because he is a leader and he is always in the price.  This is the best coin for investment and money storage.

[jouns]

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?

Only Bitcoin is suitable for long-term investing in cryptocurrencies, the remaining cryptocurrencies are too volatile and not reliable.

[welchome]

If you want to store money in a cryptocurrency, then it is best to consider stable coins. These stable coins are of course, less riskier than other coins and therefore is best if your purpose is to only store money. In case you change your mind and want to earn as well, then you can choose from the top listed altcoins for these are also less risky and a good guarantee for profits. You can also use coins in playing games with people across the globe and where you can also profit more. There are also a variety of games to choose from so you can have fun by playing and earning.

[ttcsalam]

The way the market is rising, everyone is very worried by the way. But yes, even after some days Marktart has begun to grow bits. It is expected that the other coins will go well and good position. But I think that both ETH and BNP and XRP will be in good condition .

[slashz9]

you mean stable? so you can change fiat tu USDT that same like fiat but digital version, then you can convert it if you want do payment or transaction.
also BTC is a good way for hold longterm, and you say you're not trader, so you can keep it for some time.
but for short term better hold fiat money or stable coin.

[karagun125]

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.