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stonman

Need suggestion Which cryptocurrency is best for save money

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Well bitcoin is 619k so you can buy ripple and etc ethereum classic because this might go high and as ripple is partner with bitpay so it would be in great demands.

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If you see cryptocurrency as a place of investment, that's fine, but there is no safe word in an investment, including in cryptocurrency because threats can occur with or without intentions, like hacking a cryptocurrency wallet, or uncertain fluctuations are a characteristic of cryptocurrency

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What's do you mean to save money do you mesms the stable coins? If you are looking for the very stable coin I think the doge coin will suit you 

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There are some coin that give us a great return in future. You can save mone by investing in Bitcoin, Ethereum or Ripple. Those three coina are the top coin and leaders of present crypto market. Day by day its price will increase and hit the maximum mark. So you can buy those coins and save your money easily.

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16 minutes ago, OnaisKhan said:

The best way to save your money use usd token or same stablecoin. another question if you want also to get any profit.

If you want to save the sale of the cryptocurrency you get, of course a good choice is to buy a usdt or stable coin that has a stable rate, but for investment, certainly not a good choice to store a stable coin because the rate is stable following the US dollar

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If you buy Ethereum you can save your money. Ethereum is very promising coin in 2020. It can break its all time heights record in 2020. So if you buy Ethereum as soon as possible then you can save your money and make profit.

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If you want a stable crypto, then USDT is the right choice. If you want to save and want to get profit because of the increase, then I suggest you save bitcoin.

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20 minutes ago, Monjil22 said:

I agree with you, Bitcoin is the best cryptocurrency to save your money here you can not make free money

Bitcoin is really good to save money but sometimes the bitcoin price can drop $1000 in one day eich this will too much hurt those who owns one bitcoin plus

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For me I’de rather save bitcoin core for safe. As bitcoin core is still the best of them all though I am trying eth and litecoin too for future fluctuate of this coins they are low in withdrawal fees in any exchange.

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Saving money (with a guarantee) is not the same as investing. There are however some stablecoins that at least keep the value of underlying currency. They do however not pay any interest so your investment is declining due to inflation of the underlying currency.


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On 1/12/2020 at 2:42 PM, jewel said:

you can invest in buying bitcoin and leaving it there.if it falls or stay at that price,then buy letter. you can make a few percent per year by that.

I really appreciate your opinion because I prefer to invest in buying bitcoin then leave it there waiting for a good time to see a high price so that I can make a profit later.

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On 10/6/2019 at 11:30 AM, chicck said:

You can invest in buying bitcoin and leaving it there. Wait for the next month if the price of bitcoin goes up, sell it quickly to earn your profits.

Good suggestion you have there as we all know BTC has a good tendency of increasing rapidly within a short period

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On 10/6/2019 at 12:47 PM, stonman said:

I have money. I kept my cash in various cryptocurrencey. I use coins for installment and I'm not a dealer. The circumstance on the cryptomarket has for some time been immeasurable. I'm apprehensive I'm accomplishing something incorrectly and I need to request guidance. 

Let me know, it would be ideal if you which digital money is the best for putting away cash? What is the best coin to pick? What's your opinion about this?

 

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Moderator Desais👮‍♂️

 

Last month we already saw when Iran and usa war issue sprade in crypto market then bitcoin, ETH,LTC and some potential coin  price increase about 10% to 20%. It’s clear proved if you want to save your money you should buy bitcoin and others alt coin.    

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On 10/6/2019 at 10:17 AM, stonman said:

I have money. I kept my cash in various cryptocurrencey. I use coins for installment and I'm not a dealer. The circumstance on the cryptomarket has for some time been immeasurable. I'm apprehensive I'm accomplishing something incorrectly and I need to request guidance. 

Let me know, it would be ideal if you which digital money is the best for putting away cash? What is the best coin to pick? What's your opinion about this?

 

Do not forget the rules for creating topics (topics begin with a capital letter)
Moderator Desais👮‍♂️

 

It is too risky to pay for your installments with cryptocurrencies because they are very unstable and you can't rely on them for paying for something based on predetermined payment dates. Since you said you are not a trader and if you only want to save the value of your money, the best choice for you are stable cryptocurrencies like USDT and DAI. You can convert your cash to these coins and always receive the same amount of fiat from them because they don't change every day. However, if you want to increase your investment, you can buy bitcoin and hold it for a few months until the prices goes higher than your buying price.

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USDT and UDSC 

These coins are most popular and fixed price coin on crypto market.

price always stay on 1 usd.

so make safely balance to usdt

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12 hours ago, Jackmil said:

Bitcoin is a cryptocurrency that can do that. I am sure it will be a good cryptocurrency to save your money long term.

Your thinking is right and I agree that bitcoin is a crypto currency that can provide benefits and jobs for us even thanks to our support and participation. Bitcoin is increasingly popular and bitcoin has a high value in the market so we can save our money by investing in the long term.

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I don't see cryto as a way of saving. The word saving has "safe" in it. Investing in crypto involves risk and is an investment so not for keeping your money safe (unless you invest in tokens that are fixed to tradiotional currencies).


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5 minutes ago, Sapdrx said:

I don't see cryto as a way of saving. The word saving has "safe" in it. Investing in crypto involves risk and is an investment so not for keeping your money safe (unless you invest in tokens that are fixed to tradiotional currencies).

Sure you are right  cryptocurrencies is not the place to save money but it is the place to moneys earnings and spendings, but fiat can be used for savings

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You can profit by buying bitcoin at the moment and then selling it in the coming months because its price will go up

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In my opinion Bitcoin would be best for it. If you buy Bitcoin at a lower price now, you will not be disappointed. Because its price may rise next month. And as prices go up, you can sell them.

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On 10/6/2019 at 6:09 PM, cryptosix said:

My first choice is Bitcoin and then second one is Ethereum, however the price is now dropping so later save your money when it drops even more. See the chart of Bitcoin for one more week, if it falls or stay at that price, then buy later. If the price moves up, then immediately invest in it.

Yes you are right bitcoin should be the first choice of everyone then comes the ethereum whenever the price starts to go up one can invest in it.

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20 minutes ago, Isahbkg said:

You can invest in retail bitcoin and exit it there. delay for the after that month if the fee of bitcoin goes up, trade it quickly to earn your profits.
 

i think the OP ment for the long term , not trading .. best is , buy some btc , put this away  and check after 5 or 10 years .. 


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Personally, I like Bitcoin and Ethereum when it comes to saving my money online, so I will also say gove for Bitcoin or Ethereum, because they are most trusted among other cryptocurrencies out there. This is my opinion anyway.

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The safest investment us probably a stablecoin in a lending investment firm such as bitbond, blockfi, Celsius, cred, nexo, etc. I haven't used any of them yet, I'm filling other investments, but they're next.

 

Cryptos are going to fluctuate a lot. You can HODL and hope they go up or trade the highs and lows, but both of those are risky unless you know what you're doing.

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