Kingsley
Valued Contributor
Cryptocurrencies are very volatile and this worries me alot because I always have intensions of storing my money in cryptocurrency wallets, so I would be able to gain more from money money in the wallet rather than having it in a bank where bank chargers will ripe me off.
I also want to stand at a point from the perspective of a person who wants to store his money in cryptocurrency wallets. This is because I do not trust online payment processors when it comes to storing money. But I realise that the crypto wallet has more advantage but at the same time very risky because I might lose my funds.
Since cryptocurrencies are volatile, I might lose and suffer a loss if the value of my stored currency drops, so yes, I do worry about volatility of cryptocurrency.
What's your view?
I also want to stand at a point from the perspective of a person who wants to store his money in cryptocurrency wallets. This is because I do not trust online payment processors when it comes to storing money. But I realise that the crypto wallet has more advantage but at the same time very risky because I might lose my funds.
Since cryptocurrencies are volatile, I might lose and suffer a loss if the value of my stored currency drops, so yes, I do worry about volatility of cryptocurrency.
What's your view?