Which cryptocurrency do you guys use or do you just purchase crypto when you need it?

Also what wallets do you use?

  • Vanessa@lemmy.blahaj.zoneEnglish
    1·
    3 months ago

    I like using Bitcoin Cash (BCH) and Litecoin (LTC) because they have low fees and are really easy to use. I’ve had to use Bitcoin a few times though, when the merchant doesn’t accept anything else.

    I use Kraken Pro to buy crypto because of its really low fees. But I also invest, so it’s easy to buy bigger amounts of crypto there.

    My favorite wallet is Coinomi, but I like the Bitcoin.com Wallet too.

  • dandelion (she/her)@lemmy.blahaj.zone
    7·
    3 months ago

    these are questions for Matrix for lots of reasons, but here are my 2 cents:

    just use BTC, only purchase what you need and when you need it, and IMO the only wallet you should use is a local wallet (using Bitcoin Core, it’s bitcoin’s reference implementation)

    Strongly advise against treating crypto like an investment or safe store of value - better to think of it as a short-term currency to facilitate a transaction.

    • Jorunn@piefed.blahaj.zoneMEnglish
      4·
      3 months ago

      Buy a bit more than you need so you don’t accidentally get screwed over by fluctuating values or the transaction fees and such!

      Edit: I personally use the electrum wallet.