The way you store your rope is important.

Tying the rope too tight and leaving it in that state for long periods can damage the rope as it forces it to open up, separating the strands and promoting high-stranding, as shown here:

As shown below, you can fold the rope the same way, but with less tension in the wraps, and making sure the loops created are long enough so they don’t force the rope to open

While the folding style shown above is practical as the folded rope is compact and allows you to pack a set in minimal space, when your ropes are not in use, it’s better to either let them hang loose.

You can also fold them in a less compact way, as shown here, for instance: