Bitcoin saving - page 4. | Bitcointalksearch.org

PokerFace3

hero member

Activity: 700

Merit: 500

Quote from: naidray on March 31, 2017, 11:40:26 AM

Quote from: Rinder on March 31, 2017, 11:35:57 AM

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

In long term perspective you never need to worry about current situations of bitcoin, you can ignore them and you can concentrate on saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.

It may seem other investments are profitable right now. But I believe they are only for time being and you never could expect long term good returns from them. But, bitcoin will always ensure good returns in longer haul.

As safe as it seems to just save bitcoin and forgot about it for a while until you come back and reclaim your profit from it, but ignoring the fact that right now and in the current situation and the problems that the bitcoin is facing the price may change constantly so you may have to keep an eye on the market and pick the right time to sell otherwise you will be waiting for ever.

Saving bitcoin for long haul had become possible for some people who had forgot it completely. Those who are keeping on checking about the price levels might had taken improper decisions out of curiosity.

bitbob82

hero member

Activity: 630

Merit: 500

Quote from: naidray on March 31, 2017, 11:40:26 AM

Quote from: Rinder on March 31, 2017, 11:35:57 AM

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

In long term perspective you never need to worry about current situations of bitcoin, you can ignore them and you can concentrate on saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.

It may seem other investments are profitable right now. But I believe they are only for time being and you never could expect long term good returns from them. But, bitcoin will always ensure good returns in longer haul.

to me i like long term investment, as long term investment is a safe investment as there are very little chances to lose money, while in short term investment there are always chances to lose your money in shot term investment and specially if you do not have any experience in short term investment.

KingdomHearts

hero member

Activity: 896

Merit: 514

Quote from: bep42 on March 29, 2017, 06:18:41 AM

Quote from: cryp24x on March 29, 2017, 05:57:13 AM

Quote from: jacee on January 16, 2017, 01:07:40 PM

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

I believe saving with bitcoin will work in that 52 week challenge. Forget about saving fiat currency since it is destined to depreciate. With Bitcoin there is an option for you to appreciate or even double in figure if it performs well in the market. Even with this blocksize debate, peopel will get used to it and eventually focus on the good thing of Bitcoin.

Yeah and bitcoin saving is always good as the value of bitcoin keeps in increasing over a period of time so if we save good amount of bitcoins then in future it can give us best results as everyone is hoping to see much higher price of bitcoins in future.

yeah saving bitcoin is very much profitable for the future of bitcoin because bitcoin increasing its price more by more and its very profitable way to grow up your bitcoin and make a big profit from bitcoin.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: Rinder on March 31, 2017, 11:35:57 AM

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

In long term perspective you never need to worry about current situations of bitcoin, you can ignore them and you can concentrate on saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.

It may seem other investments are profitable right now. But I believe they are only for time being and you never could expect long term good returns from them. But, bitcoin will always ensure good returns in longer haul.

Rinder

hero member

Activity: 868

Merit: 500

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

romero121

legendary

Activity: 3192

Merit: 1213

Enterapp Pre-Sale Live

Quote from: ice098 on March 30, 2017, 01:31:35 AM

Quote from: jacee on January 16, 2017, 01:07:40 PM

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

Yes sure just try it, as long as you are able to earn it. Lot of determination and patience are needed in order for you to obtain it. A bigger amount of money will be save if you are successful to it. You need to be wise in all your transactions to save money. Do it as long as you can. You can do it, just think that you will have save money when the year ends.

As said it needs to have more patience. The price of bitcoin varies with regards to time, so have a fixed number in terms of fiat. Whether the price increases or decreases you need to spend particular amount of fiat every month to save bitcoin with it. This will make your savings with the week plan a successful one.

sobsitesearch

sr. member

Activity: 406

Merit: 250

Quote from: Text on March 30, 2017, 02:50:28 AM

That is what I'm doing now too, it went viral on the internet before the year ended. I think I'm failing because I've already get what I have kept that went through my expenses but I'm still confident to continue it, I will get back when I sell my coins soon because I'm saving on the fiat form.

Just wait for a little dump now and trade in again to bitcoin, i feel that bitcoin value will go higher soon it was like last year big dump happened and more users do panic selling and they do not save again to bitcoin but before year end the bitcoin value boost its price. That is why i have amount retained in bitcoin as my investment and fiat to buy if dump comes.

Text

hero member

Activity: 2394

Merit: 589

Bitcoin Casino Est. 2013

That is what I'm doing now too, it went viral on the internet before the year ended. I think I'm failing because I've already get what I have kept that went through my expenses but I'm still confident to continue it, I will get back when I sell my coins soon because I'm saving on the fiat form.

Ipwich

hero member

Activity: 1050

Merit: 529

Student Coin

Quote from: ice098 on March 30, 2017, 01:31:35 AM

Quote from: jacee on January 16, 2017, 01:07:40 PM

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

Yes sure just try it, as long as you are able to earn it. Lot of determination and patience are needed in order for you to obtain it. A bigger amount of money will be save if you are successful to it. You need to be wise in all your transactions to save money. Do it as long as you can. You can do it, just think that you will have save money when the year ends.

I heard of that also and it can also be applied when you are saving bitcoin but it doubles the risk because it's not saving alone but the main purpose is investing. The value of bitcoin overtime may rise and fall and you will only get what you expected if the price will continue to increase.
Everyone is hoping for a greater return but we are not all discipline to save but this method is good if we will only be able to execute it accordingly.

ice098

hero member

Activity: 1498

Merit: 586

Cryptocasino.com

Quote from: jacee on January 16, 2017, 01:07:40 PM

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

Yes sure just try it, as long as you are able to earn it. Lot of determination and patience are needed in order for you to obtain it. A bigger amount of money will be save if you are successful to it. You need to be wise in all your transactions to save money. Do it as long as you can. You can do it, just think that you will have save money when the year ends.

daringdiscovered

hero member

Activity: 700

Merit: 500

Quote from: cryp24x on March 29, 2017, 05:57:13 AM

Quote from: jacee on January 16, 2017, 01:07:40 PM

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

I believe saving with bitcoin will work in that 52 week challenge. Forget about saving fiat currency since it is destined to depreciate. With Bitcoin there is an option for you to appreciate or even double in figure if it performs well in the market. Even with this blocksize debate, peopel will get used to it and eventually focus on the good thing of Bitcoin.

Yes, it will be effective, only if you are not going to convert your bitcoin into fiat because you need. Saving bitcoin is the best idea so far rather than spending it on to something that is not worth bitcoin to be spend for, like in gambling, many people are addicted to it because they want to earn bitcoin in an easy way, but the truth is just they are losing their bitcoin instead of earning.

That is why, it would be nice if we are going to save our bitcoin not just for 52 weeks but for a lifetime, because it is a long term investment where you could earn profits in the long run.

dwieyani

full member

Activity: 252

Merit: 100

after the feast later I will choose to take on the challenge as a refresher for me later on and therefore money-saving lifestyle segai nati fore.
I think saving with bitcoin will get satisfactory results? actually i have tried with a new challenge.

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: bettercrypto on March 29, 2017, 03:33:23 PM

Quote from: Ducky1 on March 29, 2017, 02:19:20 PM

Saving bitcoin for future is a good habit as price of bitcoin will skyrocket in future so if you have saved large volume of coins then it will surely give you some good profits in future and if have not saved yet then start saving now.

I agree one of the unique characteristic of Bitcoin is its deflationary nature. With finite number of coins to be mined and lost private keys with growing market. Bitcoin will definitely increase in value and price value. With this being clearly seen, it is really advisable to save Bitcoin for the future.

How all the markets work in this work are based on a demand and supply the less supply there is the higher its price gets, and that applies exactly to the bitcoin marketif people start saving and not spending their bitcoin the demand will grow large and that will make the price go up, but the problem is that there are big whales who poses a large amount of bitcoin and if they don’t save they affect the price in a large way.

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: CryptoCurrencyInc.com on March 29, 2017, 07:38:50 AM

Whatever bitcoins I am earning I save them for future as it will hold more value in future and whenever I get paid from my day job I put a small part of it in buying bitcoins which also helps me in growing my coins on regular basis as its better to save money in bitcoins instead of saving in fiat.

bitcoin patient remains in the store because it will surely yield great results and beneficial if you want to save any income that you can. certainly benefit will be double if prices rise

stephanirain

sr. member

Activity: 756

Merit: 257

Freshdice.com

Quote from: FasTroy on March 29, 2017, 07:51:13 PM

Quote from: bettercrypto on March 29, 2017, 03:33:23 PM

Quote from: Ducky1 on March 29, 2017, 02:19:20 PM

Saving bitcoin for future is a good habit as price of bitcoin will skyrocket in future so if you have saved large volume of coins then it will surely give you some good profits in future and if have not saved yet then start saving now.

I agree one of the unique characteristic of Bitcoin is its deflationary nature. With finite number of coins to be mined and lost private keys with growing market. Bitcoin will definitely increase in value and price value. With this being clearly seen, it is really advisable to save Bitcoin for the future.

You are definitely right mate. As you said bitcoin coins are finite : ''With finite number of coins to be mined and lost private keys with growing market".
Exactly, In result bitcoin price will increase more in next few years. so saving bitcoin is one of most great investement for now. you can earn a lot of money in few years. Like peoples when they saved bitcoin from 2009 to the end of 2017. They get a big profit.

Yes, as its suplly get shortened and its demand gets higher, that would give huge money for its holders. That is very similar in trading with crypto currency. As long as there are so much buy orders, and sell order is less, expect that coin to increase simultaneously.

FasTroy

sr. member

Activity: 434

Merit: 250

Quote from: bettercrypto on March 29, 2017, 03:33:23 PM

Quote from: Ducky1 on March 29, 2017, 02:19:20 PM

Saving bitcoin for future is a good habit as price of bitcoin will skyrocket in future so if you have saved large volume of coins then it will surely give you some good profits in future and if have not saved yet then start saving now.

I agree one of the unique characteristic of Bitcoin is its deflationary nature. With finite number of coins to be mined and lost private keys with growing market. Bitcoin will definitely increase in value and price value. With this being clearly seen, it is really advisable to save Bitcoin for the future.

You are definitely right mate. As you said bitcoin coins are finite : ''With finite number of coins to be mined and lost private keys with growing market".
Exactly, In result bitcoin price will increase more in next few years. so saving bitcoin is one of most great investement for now. you can earn a lot of money in few years. Like peoples when they saved bitcoin from 2009 to the end of 2017. They get a big profit.

bhadz

hero member

Activity: 2408

Merit: 564

Quote from: jacee on January 16, 2017, 01:07:40 PM

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

This is a good challenge but too bad I didn't started my new year with this 52 weeks money challenge. But to apply this saving with bitcoin, it's only applicable for those people that has a lot of source of income but for small time, this is going to be hard. While you are going to do this challenge with bitcoin, you are more of investing and saving which is good.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: cryp24x on March 29, 2017, 05:57:13 AM

Quote from: jacee on January 16, 2017, 01:07:40 PM

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

I believe saving with bitcoin will work in that 52 week challenge. Forget about saving fiat currency since it is destined to depreciate. With Bitcoin there is an option for you to appreciate or even double in figure if it performs well in the market. Even with this blocksize debate, peopel will get used to it and eventually focus on the good thing of Bitcoin.

Saving fiat is only a necessity in terms of having money aside for when you need it. That's why you can't just discard saving fiat because its value is becoming lower overtime. Other than that, Bitcoin is a great investment, but directly also a great hedge at the same time. From there it will be an easy choice for Bitcoiners to save a large portion of their coins for the long term. Holding/saving requires zero effort.

bettercrypto

sr. member

Activity: 1372

Merit: 269

★Bitvest.io★ Play Plinko or Invest!

Quote from: Ducky1 on March 29, 2017, 02:19:20 PM

Saving bitcoin for future is a good habit as price of bitcoin will skyrocket in future so if you have saved large volume of coins then it will surely give you some good profits in future and if have not saved yet then start saving now.

I agree one of the unique characteristic of Bitcoin is its deflationary nature. With finite number of coins to be mined and lost private keys with growing market. Bitcoin will definitely increase in value and price value. With this being clearly seen, it is really advisable to save Bitcoin for the future.

Astvile

sr. member

Activity: 1484

Merit: 276

This will b3 a good challenge for all bitckin enthusiastd and users.It will help make a blow and invcrease goku's power

Topic: Bitcoin saving - page 4. (Read 8783 times)