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

Also what wallets do you use?

  • dandelion (she/her)@lemmy.blahaj.zone
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    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.zoneM
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      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.