Where shud i keep my crypto?

[Harnur]

Put it into ETH and then stake it.

You get 6% APR, and you cant touch it.

Where do i need to keep ETH to get 6% APR?

 

[Harnur]

Than btc is not for you
Get back to fiat and put it on the bank
Never heard of someone want to "hodl" USDT for 2 years

As i said, i don't want to make money off my crypto investment. I just want a coin whose value will be the same 2 years later as it is today.

 

[Dot Mirror LTD]

Just withdraw them, and put them into a bank!

 

[frakkio11299]

I don't want to touch my crypto for the next 1 year.
I don't wish to invest it either.

I just want to store it in some currency and probably sell it after 1-2 years when I need more money.
So,

1. In which currency shud i keep/store my crypto?(something that doesn't fluctuate at all). Is USDT safe?

2. Where shud i store/keep my crypto? Shud i keep it in Binance(or other crypto websites) or buy a personal crypto wallet? Someplace where I can keep and forget without worrying about theft/security.

If you want just hold, yus Binance Crypto.com, Uphold ecc... put your crypto on stack and let them grow too

 

[awesomewebsites]

Holding USDT for 2 years ? Just because you do not want movement ? Very surprising.

 

[xStewie]

Maybe op doesn’t want to pay that money taxes now… just convert it to a stable coin

 

[Gogol]

As for those who think USDT can't be grown, binance does have a staking program for exactly that (might not be active in your account though).

Check this out:

https://www.binance.com/en/defi-staking

As far as I can see, they are offering 5.67% apy against USDT.

Do consider the risks too nevertheless.

 

[soppymain]

Use Electrum and store it in USDC

 

[Kurt angle]

you can keep your crypto on the Coinbase platform, if you wish. However, it is not recommended. I would definitely advise you to move your crypto from Coinbase once you have bought it, as exchange wallets are the least safe types of wallets..

 

[Harnur]

You could also put it into usdc and collect the APY from different places that allow yield farming or other incentives. No worry about that going away for a year.

If i stake USDC for 6 months to 1 year is there any risk of losing money?
I saw on Binance that the APY of USDC is 9.49% which means, I get a guaranteed 9.49% return at the end of the year, or is there any risk involved?

 

[Scorpion Ghost]

if BTC goes down(which is possible). ETH, ADA, and all other coins go down.

True, but they won't all go down at the same rate.

Like the recent drop that happened, they all dropped, but for example Cardano didn't really drop below a point where most people purchased it. Plus you get staking rewards with Cardano, making you interest on your coins.

Anyway, up to you man, but I'd hate for my money/crypto to just sit and gather dust.

 

[provocative]

BTC or ETH - Trust Wallet

 

[DJPaulyD]

I don't want to touch my crypto for the next 1 year.
I don't wish to invest it either.

I just want to store it in some currency and probably sell it after 1-2 years when I need more money.
So,

1. In which currency shud i keep/store my crypto?(something that doesn't fluctuate at all). Is USDT safe?

2. Where shud i store/keep my crypto? Shud i keep it in Binance(or other crypto websites) or buy a personal crypto wallet? Someplace where I can keep and forget without worrying about theft/security.

BNB coin is good, they're a solid exchange and the coin keeps going up over time

 

[jongmr]

I don't want to touch my crypto for the next 1 year.
I don't wish to invest it either.

I just want to store it in some currency and probably sell it after 1-2 years when I need more money.
So,

1. In which currency shud i keep/store my crypto?(something that doesn't fluctuate at all). Is USDT safe?

2. Where shud i store/keep my crypto? Shud i keep it in Binance(or other crypto websites) or buy a personal crypto wallet? Someplace where I can keep and forget without worrying about theft/security.

you can keep them in my wallet.

 

[Scorpion Ghost]

you can keep them in my wallet.

Or mine...

 

[psytrance]

I believe the most safe stablecoins are USDC (coinbase backed) and BUSD (binance backed) imo

 

[solidguy_82]

Because, what's the guarantee BTC won't fall down in next 2 years and if I buy BTC, I won't be able to sleep at night, I'll keep checking price frequently.

Price can be down/up with every crypto currency.
If you have to keep money safe in crypto I think bitcoin or ethereum is safest option. Other wise if you want to be more safer keep it in banks.

 

[Kurt angle]

Bitcoin is the best option to keep your crypto.. the safest one Usdc

 

[PinguSpy]

Metamask for eth, bep, based.
Core wallet for btc.

 

[SuperKonstax]

I personally think the best thing to do would be to sell all bitcoins right now and invest in sites. Let's say you buy 5-7 sites right now, then develop them until their monthly rofit doubles or triples, and then sell all sites with a very good markup.