Hello guys, can i keep my money in LTC, BCH or other wallet like this? Or does it change a lot and i can lose lots of money? I dont keep much money in binance, only like 500-1000$, so would i lose much money if i keep all in LTC for example instead of USDC?
Question about crypto
- Thread starter Sandst
- Start date
- Apr 25, 2011
- 19,848
- 28,296
If you are storing funds then stable coins are best. If you want to (hopefully) get a return on a long term investment then you can hold LTC or something similar; but in the short term that will be much more volatile.
alurosu
Elite Member
- Jun 16, 2020
- 2,188
- 1,658
If you want to be safe and still make some money, keep it in a stable coin (USDT, USDC, BUSD, etc) and earn interest on them annually. It's like keeping them on a bank and you get % of the amount.
All the major exchanges offer this option and if you study a bit you can try DeFi. Take a look at https://app.aave.com/ or https://yearn.finance/
All the major exchanges offer this option and if you study a bit you can try DeFi. Take a look at https://app.aave.com/ or https://yearn.finance/
paisawaisa
Elite Member
- Mar 23, 2022
- 3,972
- 1,079
If you want to remain safe from fluctations, keep all in usdt.
- Feb 19, 2022
- 1,220
- 121
You can convert it usdt. It's safe and secure full. I think it's a better solution for you.