Post
Topic
Board Altcoin Discussion
Re: Which cryptocurrency is best for storing money?
by
Qurelal
on 31/10/2018, 23:19:41 UTC
I trusted Bitcoin. I feel I lose a lot of money when storing Bitcoin. I don't know and do not want to follow the river course jumps. I want to learn something new. I believe It's possible.

You only "lose" money, if you panic and sell early.   My best advise for you would be to look at Bitcoin investment as a long-term investment and to buy bitcoins and to forget about them for a few years.

If you buy bitcoins and you check the price every 10 minutes, then you will start to panic due to the short-term volatility and you will sell way too early.

Buy and forget about it.  Wink

I'm not a trader, I don't follow the course every 10 minutes.
I use cryptocurrency to pay for various services.
I'm not sure that bitcoin is best for storage. I could be wrong.
I want to hear your opinion.