What's the best way to make a Paracord survival bracelet/watchband?

I really want to make a few paracord survival bracelets, and my two things to ask are what is the best kind of paracord to use for one of these bracelets, and what method on instructables is best for carrying as much cord as possible on one bracelet.

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Check out Stormdrane's Instructables. He has several excellent guides on the subject.
Stormdrane