If you are talking about overnight, then you will lose funds on both the transfer in and the transfer out, which is also true of the longer periods, but I should think that in ten years that would be overcome by the increased value.
Bitcoins, I think are a good way to store money as long as you are storing them for long time, because in coming time the price of bitcoins will take a high jump and cross the 1000 USD mark very quickly. 
Topic: Bitcoin is a good way to store money? (Read 7021 times)
I think any BTC bought under $600 is good storage. Sure there will be fluctuations but BTC has been proven resilient through the time of its life, and with possibility of a great increase in price then it's a plus. Way better than storing it in banks
Yes, I totally agree with you that storing money in bitcoin is better than keeping it in the bank. Not only it’s a way to save your money in some place but also is a great chance to gain some profit and when bitcoin’s price keeps rising sky high then I can assure you that profit you make isn’t a small amount of money if you’re patient.
I find it a little bit risky, because you really have to trust yourself with the money and not spend it easily on the internet 
bitcoin is not an option to store money you really need because it is so risky and prices are not stable at all. but if you want to invest with some money above your needs then you may take the risk
Bitcoin is a very good instrument to invest in but not good for storing money. I mean, it is not recommended to change all your fiat money in to bitcoin and store it. The price of bitcoin is not stable. It can increase and it can decrease as well.
A nominal percentage of your monthly income can be invested in to bitcoin, but don't go for any such amount which you can't afford to loose. So play safe!
A nominal percentage of your monthly income can be invested in to bitcoin, but don't go for any such amount which you can't afford to loose. So play safe!
Bitcoin is better ot is stronger and is an investment in itself. Bitcoin will go up in value much faster then any fiat currency or any precious metal. Gold PR silver cannot keep up and having an investment in bitcoin investments is like w double investment.
not to mention bitcoin price can go down aswell so investing in bitcoin isn't really that good as it still has risk specially if the user don't know how to secure their wallet 100%
Besides securing the wallet as you mentioned if bitcoin grows faster then other fiat currencies or precious metals like gold etc then it also drops its price more than them, so if you buy gold right now you have more confidence that its price wont drop drastically when bitcoin does not give any guarantee for that still.
Yes, investing money into bitcoin may become good advantage if we compare with gold or diamond.
Let say for example : you're house got robbed but luckily you're save nothing valuable in your house because you're investing bitcoin !
Investing is completely a new discussion while using bitcoins as a wallet for storing money is something else. Though I think storing is good, but I think you should rather than invest with bitcoins as btc-facebook said because with investing you are storing bitcoins while you grow growing them too. Let say for example : you're house got robbed but luckily you're save nothing valuable in your house because you're investing bitcoin !
Bitcoin is a very good investment if its price will not jump, but will remain a stable currency like the real world. Because of the fact that the course is very volatile, people are afraid to invest in bitcoin.
People should not really worry with the price fluctuations and ups and downs because the price will settle to the same value after a bit of ups and downs, so even if its low today then it will come down to normal price soon and the benefit is that you can always sell on high price and wait when the price is low.
I do both. If I need to purchase something and a seller only accepts BTC, I will exchange it. Most of the time, I do not expect any sort of big investments as I would with alt-coins
Bitcoin is better ot is stronger and is an investment in itself. Bitcoin will go up in value much faster then any fiat currency or any precious metal. Gold PR silver cannot keep up and having an investment in bitcoin investments is like w double investment.
not to mention bitcoin price can go down aswell so investing in bitcoin isn't really that good as it still has risk specially if the user don't know how to secure their wallet 100%
Bitcoin is better ot is stronger and is an investment in itself. Bitcoin will go up in value much faster then any fiat currency or any precious metal. Gold PR silver cannot keep up and having an investment in bitcoin investments is like w double investment.
I think any BTC bought under $600 is good storage. Sure there will be fluctuations but BTC has been proven resilient through the time of its life, and with possibility of a great increase in price then it's a plus. Way better than storing it in banks
I think that into consideration a lot of people to save their money or invest is due to fluctuations that exist in bitcoin too quickly and it would be very risky for you 
I think any BTC bought under $600 is good storage. Sure there will be fluctuations but BTC has been proven resilient through the time of its life, and with possibility of a great increase in price then it's a plus. Way better than storing it in banks
Not only at under $600 but at any price you buy bitcoin you will be at profit because as the time passes the technology of bitcoin gains more strength and people having bitcoin stored will gain more value with the passage of time, so buy and don't care for the price it will definitely increase in the coming future. 
yes it is a fact i think there are too good reason for that the 1st is that it is too safe to save money here and the second is that it will give you a good profit in the end.
If you are talking about overnight, then you will lose funds on both the transfer in and the transfer out, which is also true of the longer periods, but I should think that in ten years that would be overcome by the increased value.
Can you be a bit more clear here? Are you talking about the fee that you need to pay for purchasing the coins, and then the fee to sell the coins at a later period? If that's the case, then it's a very small fee barely worth mentioning. You can buy yourself some coins as low as 0.2% per transaction.
Let's say you have $1000 that you want to store in BTC, then the fee of both buying and the eventual selling, will be just 0.4% or $4 in total.
I think any BTC bought under $600 is good storage. Sure there will be fluctuations but BTC has been proven resilient through the time of its life, and with possibility of a great increase in price then it's a plus. Way better than storing it in banks
Only the people who can take the pressure of fluctuation should store their money in bitcoin because the price of bitcoin is never stable, sometimes it grows and sometimes it drops so if someone thinks he would panic too much if he see it dropping then he should probably not store his money in bitcoin.
I think any BTC bought under $600 is good storage. Sure there will be fluctuations but BTC has been proven resilient through the time of its life, and with possibility of a great increase in price then it's a plus. Way better than storing it in banks
yes that is a fact it is more better to store bitcoin instead of keeping money in banks. in bitcoin your money is more safe and the second good reason is that bitcoin can give you a good profit because the price of bitcoin is still very low and it can increase and reach to 1200 USD very soon. 
It depends on how you define storage. If you are talking about weeks or months, even longer, then depending on the method or wallet that you use, you should be good.
On the long range, there is gold coins, most obviously.
In a midrange, stick with money bills.
For the adventure right now, go for Bitcoin. It's future is still uncharted territory.
With bitcoin you can never be certain what the price will be, but that is not too much important since the ultimate goal is to use it. By using it you need to sore it and since it is on a device it may not be the perfect way to store it on a device. Since electronic devices can break which will leave you with quite some money loss.
It depends on how you define storage. If you are talking about weeks or months, even longer, then depending on the method or wallet that you use, you should be good.
On the long range, there is gold coins, most obviously.
In a midrange, stick with money bills.
For the adventure right now, go for Bitcoin. It's future is still uncharted territory.
Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?
Or we can also store our money there, if the price stay stable?
What do you thing about this?
What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.
It depends on how you define storage. If you are talking about weeks or months, even longer, then depending on the method or wallet that you use, you should be good.
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