Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 7 of 7

    Thread: Where to store money in regular currency when not trading?

    1. #1 Collapse post
      Alexthedefender04 is offline
      Senior Member Alexthedefender04's Avatar
      Join Date
      Nov 2017
      Posts
      557
      Thanks
      0
      Thanked 28 Times in 22 Posts
      SubscribeSubscribe
      0

      Where to store money in regular currency when not trading?

      Where to store money in regular currency when not trading?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #2 Collapse post
      Alexthedefender04 is offline
      Senior Member Alexthedefender04's Avatar
      Join Date
      Nov 2017
      Posts
      557
      Thanks
      0
      Thanked 28 Times in 22 Posts
      SubscribeSubscribe
      0
      You can choose stable cryptocurrencies as everyone guessed. Very rarely, there may be changes in the values of these cryptocurrencies, but I do not think there will be a problem in their long-term preference. It would be a good thing for you to research about the stable crypto project you will prefer.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. #3 Collapse post
      darexgeorgieviya04 is offline
      Senior Member darexgeorgieviya04's Avatar
      Join Date
      Feb 2018
      Posts
      625
      Thanks
      0
      Thanked 16 Times in 16 Posts
      SubscribeSubscribe
      0
      If I want to store money in regular currency, I usually prefer a decentralised wallet with USDT balance. When I trade BTC with USDT, I would never store it in an exchange because there’s a high risk in getting hacked. It’s a lesson learned from a close friend of mine who have traded BTC in an exchange and just stored it for a long time.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #4 Collapse post
      PALM is offline
      Senior Member PALM's Avatar
      Join Date
      Jul 2018
      Posts
      500
      Thanks
      0
      Thanked 33 Times in 18 Posts
      SubscribeSubscribe
      0
      Just deposit minimum amount for trading and do not store all USD to exchange especially if the trading site is not well known with no reviews and has no representatives in twitter or Bitcointalk. I dont know if its the same process but im using my country's local wallet provider and send my local currencies there. Coinbase might support USD pair holding.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. #5 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      703
      Thanks
      60
      Thanked 75 Times in 58 Posts
      SubscribeSubscribe
      1
      If you have an e-wallet that you really trust then I guess that is where you should store your money. However, often times, you still need n exchange site in order to convert the coins. In that case, make sure that the site is trusted and verified.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    6. #6 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 88 Times in 82 Posts
      SubscribeSubscribe
      0
      You can simply store it on your e-wallet-- even better if you have a hard wallet to store your funds in. An offline wallet is more secured for me.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. #7 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      931
      Thanks
      32
      Thanked 89 Times in 84 Posts
      SubscribeSubscribe
      0
      Well, keep it in a bank. E-wallets are also great for easier transaction. But I would recommend putting it in the bank for interest rate.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •