How to save money in crypto

[Somyt]

I think the benefits of saving money on krypto are also good. because seeing the development of krypto prices every day also increases, so i really believe krypto is one of the good things that we can save money and be safe to get more profits.

[tamango]

Yes USDT is a good way to save your money, however noone has actually proved that this coin is really pegged to USD because noone can check if USD are really bought when USDT are emitted. 
Another alternative can be EURN that is pegged to EUR but it's actually traded only on TheRockTrading Exchange if I remember well

[TERENCIO]

I should have done this before the major crash, but who thought this kind of crash would happen.  Converting my position to tether now, it's already late, but it's a lesson learned that in crypto all unimaginable things is possible to happen.

[altery0518]

Ti save money in crypto is really depends on the movement of our crypto investment because one the crypto market will drops the value of our money is also dropping.

[Contagem]

In crypto, one of the best ways to saVe money especially during bear market seasons is to tether the amount you wish to save. The USDT is a coin which almost does not see any increase or decrease in price irrespective of the market situation.

Yes, this makes sense, but the problem of the crypto market is that it is difficult to predict. Tomorrow the market can go both up and down, therefore, having come out today at USDT tomorrow, if the market grows, you cannot even buy the same amount of coins you had before the sale. It may be better to keep your money in crypto and not sell anything unnecessarily during a bear market.

[Iconetlife]

Yes USDT is a good way to save your money, however noone has actually proved that this coin is really pegged to USD because noone can check if USD are really bought when USDT are emitted. 
Another alternative can be EURN that is pegged to EUR but it's actually traded only on TheRockTrading Exchange if I remember well

Right ... a lot of issues suggest that USDT does not guarantee FIAT, but some people think saving their coins on stable coins is safer to reduce losses, so this is suitable for traders who want to rest.

[Niteroy]

Put your coins in a ledger and forget. I think this is the best way, then when you see news that "bitcoin rocketed", check how your coins are doing.

This is the easiest way to solve the issue, but for those who want to multiply their savings, they can use the opportunity to transfer their cryptocurrency to USDT for a certain time, while a bearish trend dominates in the crypto market, and then when the market reaches the bottom to buy more coins. But I believe that the market is now at the bottom and now is a good time to buy cryptocurrencies with good growth potential.

[Taufiq-yy1]

In addition to trading and investment, money can also be stored on standard coins, coins that barely see an increase or decrease in price regardless of the market situation.

[Goku01]

Indeed, you are spot on the USDT no impact on the digital money advertise, however the truth of the matter is that if something occurs on the monetary market, at that point the outcomes will be indistinguishable to the market of fiat cash.

[justsimpleram]

When I was just starting in the crypto world I keep my money first in my wallet that have fiat so that I will just convert into bitcoin or eth when I'm gonna use to buy or trade it. And to keep save your money don't convert all your fiat to crypto save something in your wallet so that you have real money you can use anytime you need it.

[jet]

The most efficient way to save moneyof you engage in cryptocurrency is to convert it into fiat. Any coin regardless of the project name will be affected if market goes in trouble. USDT may have a slight movement of price but its not guarantee to have a fixed value of your money. In any way, usdt is still a cryptocurrency that is subject for volatility.

[sixexgames]

Do you think that there's a ton of capital sitting in Tether or other pegged stablecoins that are waiting to rush back into the market once there's bullish signs? That'd certainly help to pump the market up if people stopped holding Tether and put it back into Bitcoin and altcoins.

[cryptothief]

Yes tethering is a good strategy but don't forget that USDT Tether is a cryptocurrency after all. And it has risks involved. I wish we had a way to store USD on our Ledger Nano S. That would be epic! And it would be a revolution. We are still in early adoption phase and I think in the future there may be a way to store fiat on Ledger.

Storing fiat currency on a hard wallet defeats the whole object of the cryptocurrency industry, and one of the reasons why it is so hard to get people to adopt crypto as a genuine currency. If everyone stopped thinking of it purely as an investment opportunity, we might see some real adoption, instead of just trying to make quick money and jumping ship. I never use tether either, I know it's the sensible way to manage risk, but can't bring myself to do it.

[Betim]

Perhaps the USDT is not tied to the dollar in fact and it is not suitable for the role of replacing the dollar and a safe investment, but its price on the crypto exchanges corresponds to the price of the dollar and it is a good tool to temporarily exchange its cryptocurrency for USDT if the market moves down and return to cryptocurrency when the market recovers and begins to grow.

[Nazir]

sure, you are right at the USDT nearly no effect on the cryptocurrency market, however the fact is if some thing occurs on the monetary market, then the effects can be same to the market of fiat money.