Bitcoin is a good way to store money? - page 10.

ethereumhunter

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Quote from: Woshib on September 01, 2016, 10:57:01 AM

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?

for me, bitcoin is a good way to invest. and if the price stay stable, i can keep it for a while and waiting the price is up or i just buy altcoins and sell it when the price is up too and its help me to increase my bitcoin.

jhenfelipe

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Investing is a risk. So since bitcoin price is unstable it's really up to the person if he wanted to invest his money into it. We have different personalities and goals that's why we'll have different answers. For me investing in bitcoin is okay, so my answer is yes it's a good investment, it's just that I don't have enough cash to deposit and convert. What I'm doing is do services, jobs, join campaigns and store my earnings in my BTC wallet since then. I think that earnings can be considered as investment too because I store it and wait for a good moment to earn with price increase rather than withdraw it.

adibe

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I think bitcoin is not a good way to store money, because the price of bitcoin is always changed and it's not good to stored your money into bitcoin. If the bitcoins price increase, it's good for your money, but if decreased, it's not good.

Noctis Connor

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Quote from: Woshib on September 01, 2016, 10:57:01 AM

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?

Bitcoin is good in the way of investing , because we can do many activities in bitcoin currency we can do trading , where do wee need to do is to buy altcoin is small price then we gonna wait until the price is going to high we can also hold our bitcoins until the price will increase

peta4e

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Quote from: groll on September 02, 2016, 08:32:34 AM

You mean buying bitcoins and then having an investment through it. Yes it is. Many people are buying bitcoins as it is the same like if you would buy a stock or any asset that have value. It is a good thing but of course bitcoin price is not that stable. Better not to put all your money on buying bitcoins. But still it is one of the best thing to invest right now.

Yeah price is not too high at a moment and I think we can afford to buy some coins at this stage as price is expected to go higher in future giving us best profits.

groll

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You mean buying bitcoins and then having an investment through it. Yes it is. Many people are buying bitcoins as it is the same like if you would buy a stock or any asset that have value. It is a good thing but of course bitcoin price is not that stable. Better not to put all your money on buying bitcoins. But still it is one of the best thing to invest right now.

Gaswuwade

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if you look at it in a long-term way, Yes. Bitcoin increased in value from $0.01 to $1000 in a time so those investing in it made big chunks of profit. however it's too volatile to store money on short term, we all see how it swings in value by %1 every few seconds. Probably most of the people storing money won't be okay with that volatility.

Haliburton

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If you have a hardware wallet then i would say yes it would be a safe and secure way to store money or in this case something of value to the holder.
I would rather trust in bitcoin than in holding money from all that i have seen so far with the use of currency in my time. Embarrassed

X-ray

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Quote from: ronaldo40 on September 02, 2016, 07:40:03 AM

I think, yeah bitcoin is very good for investment, investment in bitcoin have a good chance to earn high profits in a short time due to price volatility. bitcoin is good to store money, but not too much, because there is always a risk following the.

the price is now quite stable and not too volatile so i think short term investment won't make profit that much in bitcoin,but still worth it for an investment,and as you say bitcoin wallet have a risk to be hacked but by enabling so many securities option this problem could be avoided

ronaldo40

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I think, yeah bitcoin is very good for investment, investment in bitcoin have a good chance to earn high profits in a short time due to price volatility. bitcoin is good to store money, but not too much, because there is always a risk following the.

ardentvolcanoes

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bitcoin could also be bank aside from being your investment , yes it is a good way to store and keep your money if ever you wanted to save some of your money and it would be very great if the price have been raised back to $700 or $800 just in case . for now the price of bitcoin has a slightly stable status so it would be a good time to buy bitcoin and keep it to your wallet like you are saving your money or if you want you can try to grow from a investment you know that can help you make more of it .

vasrasus

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Quote from: Woshib on September 01, 2016, 10:57:01 AM

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?

Coins.ph i use in storing money it is really well and best in doing and promoting the stuffs needed. When we have money at our own hands it seems to be wasted easily. But in bitcoin its not everu investment is pfofitable.

Barbut

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Storing and investing is two different things. Bitcoins are good for investment, cause we expect price to go up over the time, and one day we can sell coins for higher price, that means investment was good and we had some profit from it. Investment is good only if you have profit, and will you have profit depends from choosing right moment to buy and sell. Bitcoins are good for long term investment.

Storing on the other hand is keeping money we already have on safe place, and everyone here know how much bitcoin is unstable. Cause of that is not very safe to keep your money in bitcoins, gold is better option for that, or maybe real estates.

madwica

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Quote from: 20kevin20 on September 02, 2016, 03:30:36 AM

As we've seen, the price only increased since the launch of Bitcoin. Yes, we've had different events like Bitfinex but the price will probably keep rising. I'm trying to save the money from signature campaigns, so I'm not risking anything to loose.

That is what i am doing, i do not invest my money to bitcoin because i do not want to take a big risk even though there is a possibility to get big profit if i put or invest in bitcoin. I only want to store is my signature campaign earnings.

20kevin20

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As we've seen, the price only increased since the launch of Bitcoin. Yes, we've had different events like Bitfinex but the price will probably keep rising. I'm trying to save the money from signature campaigns, so I'm not risking anything to loose.

Mumbeeptind1963

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Quote from: Woshib on September 01, 2016, 10:57:01 AM

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?

I cant say that bitcoin is the good way to invest your money, because bitcoin price is not stable we didnt know if the price will pump or will dump, so it is not good way to invest your money, it is risky so it is not good way for me, So im just eaning in just collecting bitcoin in faucets, selling my services here in bitcointalk.. Im not investing my real money here because i cant take the risk.

x|8y8|x

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yes there is no doubt about this, i think it will be really too good, because bitcoin is so safe and reliable that one can put all him assets in it for without any doubt.

davis196

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Quote from: Woshib on September 01, 2016, 10:57:01 AM

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?

Bitcoin investors need a more volatile price ,so they can make profits.

If the price becomes more stable,all the speculators and btc investors might go away.

If the price really becomes more stable,more online and offline businesses and other people might adopt

bitcoin.

lakisis

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yeah bitcoin is very secure and safe currency so we can store our money in bitcoin without worry and if we store our money in bitcoin we can get a good profit from bitcoin.

pikebu

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Quote from: Woshib on September 01, 2016, 10:57:01 AM

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?

Bitcoin is just for making pasive income for me, and it is not good way for making investment on it. Even if bitcoin's price stay stable, due to it is new things there is high risk on bitcoin.

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