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?
The only cryptocurrency I trust very much is Bitcoin, dont trust the others that much. There are still stable coins and you can make use of those in storing your coins so that you dont lose, but I wouldnt use them. Instead of that Id make use of wallets that allows users to exchange cryptocurrency for the real currencies and also store them in the same wallet so they can exchange it for crypto of their choice later or better still leave it in Bitcoin.
Moreover, cryptocurrencies are not the recommended way of storing your money. It may value up or down based on many reasons. But in long term basis, value will increase for sure. If you are not ready to understand these then please avoid using cryptos for strong money.