Is it benefial to store crypto or invest?

[AL SHAIMON 1293]

if you are not good trader you should never invest in cryptos but you can hold or store your coins for long term. when market will grow up you can sell them.

[Fattkidd 1852]

On 1/7/2020 at 10:54 PM, Jalil Baloch said:

I want to know guys whether it is beneficial to store crypto or invest it in something? Or these two things are just the same? And how are crypto currencies  stored? Or invested?

It depend on your coins and funds it good to hold crypto if you have the right coins and have a huge stock of them but if you are not sure if the coin is good to hold then investment is the most logical thing to do.

[Cryptominded 704]

3 hours ago, theghostm1 said:

The two things are the same .. investment is storing cryptocurrencies for a long time for the purpose of profit, so the best currencies are searched for this purpose.

No they're not exactly the same thing. Storing means you just keep they safe in some wallet waiting for price to rally. If price never rallies, you'll have exactly the worth you saved. However with investing, outside the original amount invested, you're going to have addition in the form of interest and so at the end of the day, investing stands to yield far more except if it was in a wrong investment.

[Sasaki 171]

Well it depends, maybe fore I will store it for now and earn more while waiting for the good opportunity to invest it. 

[Ayush Singh 1175]

I would preffer you to invest it because investing can give you more frofits you can use your balance to buy some ethereum and some bitcoin which collectively can give you huge profit.

[Casinoval 330]

Both are good, when you invest in to a good crypto currency you need to store for some time so its value can increase, so you can make profit on the sale.

[Saifchy 94]

According to me it is beneficial to store the crypto currency And sell them in the market when it price get hight. 

[Syedbesharat 5423]

On 1/7/2020 at 7:54 PM, Jalil Baloch said:

I want to know guys whether it is beneficial to store crypto or invest it in something? Or these two things are just the same? And how are crypto currencies  stored? Or invested?

It is best to invest crypto  in market for quick profit we can make it by doing coin trading make analysis of market and make advance orded .Always keep tabs on market so you can catch more opportunities to make more trading on coin.

[Ricardo Walker 196]

I think storing of Peter any other cryptocurrencies much profitable because the market price of most of the cryptocurrencies are now increasing and that is is very profitable for the users those are holding the cryptocurrency.

[Xsimple 441]

It is important to research for that both has risk well if you have legit investment company then it is good to invest but also storing coin is also good.

[Heroshema 0]

Yes its bro .. uts the future as everybody can see and know .. if you invest or hodl crypto in your own wallets and plans you will get an amazing profit 

 

[Rstunirk 151]

agreed it is extremely benificial to accumulate crypto currency for the reason that in long-term you will cause skilled profit from this. I give moreover pay money for countless coin and stored what time the marketplace will be competent I will find gain earning from that.

[MamaPoma 7]

 

It all depends on the period in the industry itself. At some point, holding is profitable, but when you see that the price reaches its peak or vice versa, then it is advisable to sell the currency and buy again.

[Zaino34 0]

The fact that the two methods are profitable, but the best investment, is to store currencies only, but we must choose a reliable and honest site in order not to lose our money.

It is also profitable to keep and sell Bitcoin when the price increases

[iloveyobit 6599]

If you are not good at trading and do not want to lose your time and effort, I advise you to store. As for if you are good at trading, daily trading is the best currently and the most profitable.

[vynz 540]

On 1/7/2020 at 10:54 PM, Jalil Baloch said:

I want to know guys whether it is beneficial to store crypto or invest it in something? Or these two things are just the same? And how are crypto currencies  stored? Or invested?

I think when the price of cryptocurrency gets high, you should invest it earn more, take the risk of losing it and when the price of cryptocurrency turns out very low, you should store it to your Yobit account. As Bitcoin and other cryptocurrencies are not physical money, they are digitally stored on the blockchain. The blockchain is like a giant accounting ledger that stores every single transaction that has ever occurred in the system, as well as the total account balances of each public address.

[Jimmy 437]

If you want to store and didn't expect some income crypto it's not good place since it's volatile but if you want to invest crypto was good option since it's can give you some profit but with higher risk too of course, Just depends which on your needs.

[Win 1015]

For my own opinion and experience its more beneficial for me that Investing is more beneficial for me than storing crypto currency.most specially bitcoin but it is more risky than storing crypto.so i think its youre choice

[Sasaki 171]

Well it depends, for me both are good but before you invest you must know what you're doing and know how the market works as for storing your crypto you must have alot of patient if you're waiting for the opportunity to increase the price of it. 

[Nayan deka 317]

Storing crypto for long time will be beneficial as when crypto prices rise you can sell it for good profit. But when you invest crypto there is always a chance of losing money also chance of gaining profit. So see what best suits you.

[Red-Jones 1150]

On 1/7/2020 at 6:54 AM, Jalil Baloch said:

I want to know guys whether it is beneficial to store crypto or invest it in something? Or these two things are just the same? And how are crypto currencies  stored? Or invested?

 

answer to the first question:

- If you buy crypto and hold for many days, months or years, you will have made more money at Fiat at the end of the period you set, for example:

 

Today you buy 1 Bitcoin for the price of $9300 and Hold until December and the bitcoin price goes up to $19300. You will make a profit of $10,000

If you buy bitcoin and then invest in the end you will have either more Bitcoin or more dollars. for example:

 

Today you buy 1 bitcoin and then buy 1 ETH for the price of 0.019 bTC and are safe until December and the price of ETH increases to 0.025 btc. you will get 1.30 BTC

Edited February 1, 2020 by Red-Jones

[Naga 1250]

On 1/26/2020 at 4:10 PM, Delgboke said:

It depends on the individuals choice for storing cryptocurrency but what if you end up storing the wrong crypto coin, for me I prefer investing cryptocurrency instead of storing unless cryptocurrency that's already valueable I want to store. 

thats the problem in crypto because you never know which coin will die or which one will turn out to be delivering on their promises in the future thats why i day trade.

[Sagor 500]

On 1/12/2020 at 12:36 AM, Imran jameel said:

It is benificial when we are in bearish market. In bearish market mostly coins are in all time low price. We can not sell them in loss. So in this condition store crypto is good for us instead of trading. 

Right in this situation we should hold our coin and after the period you can your coin. mainly holding crypto for increasing is a good way.

[Sapdrx 469]

On 1/7/2020 at 3:54 PM, Jalil Baloch said:

I want to know guys whether it is beneficial to store crypto or invest it in something? Or these two things are just the same? And how are crypto currencies  stored? Or invested?

No storing can be like cold storage (it's just a vault) or staking (you earn money with your crypto just like interest). Investing is the same (because you don't sell)

[Tasrif Hossain 271]

Investing in cryptocurrency is very profitable and I think it will be very rewarding because the current era of cryptocurrency technology has now grown to the extent that its competition has increased due to cryptocurrencyThere is something to be said about it, and that is why I think we should keep bitcoin for now