Bitcoin saving - page 8. | Bitcointalksearch.org

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legendary

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Quote from: marcoman22 on February 06, 2017, 02:37:23 AM

I dont know about the challenge.
If you want to know whether saving in fiat or bitcoin, which will yield more profits at the end of 52 weeks,Bitcoin would yield you more profits.Even though bitcoin price is highly volatile,now in the current situation,Bitcoin is performing very well.We could see that on the first week of january, most of them predicted that bitcoin price would fall to $500 again, but it didnt happen. Instead bitcoin price recovered from $750 and now its almost around $1015.

Theres really a difference regarding on saving bitcoin compared to fiat and as you mentioned bitcoins price is volatile on which it has really the possibility that your savings would grow bigger because of moving prices of bitcoin which means its really worth it to save it on longer runs. 52week challenge is saving up for a whole year.

ASHLIUSZ

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Whether it is bitcoin or anything else, saving is always important. When it comes to bitcoin the profit or the earning gained is high compared to any other asset saving. 52 week saving plan is a better one, when considered as a additional earning to make living better.

Amph

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this challenge only give you roughly $1300 in a years(52 weeks) i'm not a fan of saving in generally, i prefer always to earn more

as long as you have a better revenue you can spend more, saving only lead to buy less and less and it doesn't help the economy to grow of your country if everyone would do the same as you..

marcoman22

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I dont know about the challenge.
If you want to know whether saving in fiat or bitcoin, which will yield more profits at the end of 52 weeks,Bitcoin would yield you more profits.Even though bitcoin price is highly volatile,now in the current situation,Bitcoin is performing very well.We could see that on the first week of january, most of them predicted that bitcoin price would fall to $500 again, but it didnt happen. Instead bitcoin price recovered from $750 and now its almost around $1015.

erickkyut

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Yes I'am familiar with the 52 weeks money challenge! Actually i want to try it also. I think it will be better to do it using bitcoin because its value now is constantly increasing. Maybe by the time that you are near on your 52 week, the value of your saving has doubled already. Juat be positive about bitcoin.

traderethereum

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i think i am familiar with the challenge and i think many members have the same experience too like you. i am thinking that for saving our bitcoin will work for every people and not just for the OP. i think its depend on how much the price of bitcoin because the higher price will make us to save in fiat, but if the price is down, then the save option is in bitcoin. but i don't think that i like to save all in by fiat or bitcoin, i'd rather to save in by fiat and bitcoin so if the price is getting down, i have fiat to buy bitcoin, and if the price is up, i can sell the bitcoin too.

topesis

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Bitcoin saving is great especially now that people see BTC more as investment than money, but we just need to balance both side, you need to save and invest some BTC so has to growth your portfolio

hajimasan

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I do savings in paytm wallet every month I use to add $20 and keep those money untouched and i also make small small profit by this forums signature campaign due to exam and other barriers i cant post all the months continuously but i make almost $20+ in a month which i post continuously.

mkmdoc

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Quote from: abel1337 on February 06, 2017, 12:06:15 AM

Quote from: basesaw on February 05, 2017, 11:54:16 PM

Quote from: Schuyler on February 05, 2017, 11:46:56 PM

This 52-week challenge is an easy task at first but as the weeks wear on and the amount gets bigger and bigger, it is an extremely “challenging” thing to accomplish. I think I am better off going with another strategy as I currently don’t have a stable source of income and our expenses are somewhat piling up more and more.

yes this challenge is easy task at first but as the challenge runs by. it gets harder from time to time. but if you reach the finish and get the task finished. you will be having a great outcome. this 52 week chanllenge is good for the people who doesnt have a good income. better yet try this if you are still student. you can always adjust the price if you cant afford it.

I do this task last year and I accomplish the 52 week saving challenge , This year Im doing it again and the amount of my saving is being upgraded. I add additional money to save in order to save more in the end of the year.

This is one of the best way to save our money in challenge mode, otherwise it is very difficult to save with the more we are earning. By saving money we can see some big after 52 weeks, otherwise it is not possible even at a time it is not possible for us also to get big amount. Through little by little saving we can able to make big amount.

Arcteryx

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This sounds interesting. Doing a 52 week challenge would be hard to do with the economy the way it is.
And it is good to see how far you can go so it is a social experience to take part in it as well.
Is this an online one where you can post your stats and see who made more than you did during it's duration?

nasipadang

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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'm not familiar with the challenge and after I looked on google maybe I'll try to challenge 52 week money although it would be hard for me every week it Cheesy

what's wrong with trying, it's also nice to save my money.

Golftech

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Quote from: rchstr on February 06, 2017, 12:17:34 AM

Quote from: abel1337 on February 06, 2017, 12:06:15 AM

Quote from: basesaw on February 05, 2017, 11:54:16 PM

Quote from: Schuyler on February 05, 2017, 11:46:56 PM

This 52-week challenge is an easy task at first but as the weeks wear on and the amount gets bigger and bigger, it is an extremely “challenging” thing to accomplish. I think I am better off going with another strategy as I currently don’t have a stable source of income and our expenses are somewhat piling up more and more.

yes this challenge is easy task at first but as the challenge runs by. it gets harder from time to time. but if you reach the finish and get the task finished. you will be having a great outcome. this 52 week chanllenge is good for the people who doesnt have a good income. better yet try this if you are still student. you can always adjust the price if you cant afford it.

I do this task last year and I accomplish the 52 week saving challenge , This year Im doing it again and the amount of my saving is being upgraded. I add additional money to save in order to save more in the end of the year.

that is nice. maybe you can give use your strategy on how you complete the task. we all know that the task is easy in the begginning but as the time goes on the amount is getting higher and higher. so giving advice and strategies will be good if you provide us on how we can complete it like you do.

its needed full determination mate in order to fulfill this and i guess that's why its making harder every week that will passed because of some things that you needed to take for granted in order to complete the challenge, i personally wanted to try this as well but after several weeks emergency things happen and i do need to use my money so still i'm not able to complete this task.

RoommateAgreement

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Quote from: rchstr on February 06, 2017, 12:17:34 AM

Quote from: abel1337 on February 06, 2017, 12:06:15 AM

Quote from: basesaw on February 05, 2017, 11:54:16 PM

Quote from: Schuyler on February 05, 2017, 11:46:56 PM

This 52-week challenge is an easy task at first but as the weeks wear on and the amount gets bigger and bigger, it is an extremely “challenging” thing to accomplish. I think I am better off going with another strategy as I currently don’t have a stable source of income and our expenses are somewhat piling up more and more.

yes this challenge is easy task at first but as the challenge runs by. it gets harder from time to time. but if you reach the finish and get the task finished. you will be having a great outcome. this 52 week chanllenge is good for the people who doesnt have a good income. better yet try this if you are still student. you can always adjust the price if you cant afford it.

I do this task last year and I accomplish the 52 week saving challenge , This year Im doing it again and the amount of my saving is being upgraded. I add additional money to save in order to save more in the end of the year.

that is nice. maybe you can give use your strategy on how you complete the task. we all know that the task is easy in the begginning but as the time goes on the amount is getting higher and higher. so giving advice and strategies will be good if you provide us on how we can complete it like you do.

they are talking about a strategy of saving called the 52 weeks savings plan. you can google this term and find out more about it.
i read a bit about this strategy a while back and tried it but i don't get nor like the strategy for saving money, i just save money based on how much i can get extra from my expenses, i am a lot safer that way.

rchstr

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Quote from: abel1337 on February 06, 2017, 12:06:15 AM

Quote from: basesaw on February 05, 2017, 11:54:16 PM

Quote from: Schuyler on February 05, 2017, 11:46:56 PM

This 52-week challenge is an easy task at first but as the weeks wear on and the amount gets bigger and bigger, it is an extremely “challenging” thing to accomplish. I think I am better off going with another strategy as I currently don’t have a stable source of income and our expenses are somewhat piling up more and more.

yes this challenge is easy task at first but as the challenge runs by. it gets harder from time to time. but if you reach the finish and get the task finished. you will be having a great outcome. this 52 week chanllenge is good for the people who doesnt have a good income. better yet try this if you are still student. you can always adjust the price if you cant afford it.

I do this task last year and I accomplish the 52 week saving challenge , This year Im doing it again and the amount of my saving is being upgraded. I add additional money to save in order to save more in the end of the year.

that is nice. maybe you can give use your strategy on how you complete the task. we all know that the task is easy in the begginning but as the time goes on the amount is getting higher and higher. so giving advice and strategies will be good if you provide us on how we can complete it like you do.

abel1337

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Quote from: basesaw on February 05, 2017, 11:54:16 PM

Quote from: Schuyler on February 05, 2017, 11:46:56 PM

This 52-week challenge is an easy task at first but as the weeks wear on and the amount gets bigger and bigger, it is an extremely “challenging” thing to accomplish. I think I am better off going with another strategy as I currently don’t have a stable source of income and our expenses are somewhat piling up more and more.

yes this challenge is easy task at first but as the challenge runs by. it gets harder from time to time. but if you reach the finish and get the task finished. you will be having a great outcome. this 52 week chanllenge is good for the people who doesnt have a good income. better yet try this if you are still student. you can always adjust the price if you cant afford it.

I do this task last year and I accomplish the 52 week saving challenge , This year Im doing it again and the amount of my saving is being upgraded. I add additional money to save in order to save more in the end of the year.

basesaw

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Quote from: Schuyler on February 05, 2017, 11:46:56 PM

This 52-week challenge is an easy task at first but as the weeks wear on and the amount gets bigger and bigger, it is an extremely “challenging” thing to accomplish. I think I am better off going with another strategy as I currently don’t have a stable source of income and our expenses are somewhat piling up more and more.

yes this challenge is easy task at first but as the challenge runs by. it gets harder from time to time. but if you reach the finish and get the task finished. you will be having a great outcome. this 52 week chanllenge is good for the people who doesnt have a good income. better yet try this if you are still student. you can always adjust the price if you cant afford it.

Schuyler

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Activity: 518

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This 52-week challenge is an easy task at first but as the weeks wear on and the amount gets bigger and bigger, it is an extremely “challenging” thing to accomplish. I think I am better off going with another strategy as I currently don’t have a stable source of income and our expenses are somewhat piling up more and more.

Dudeperfect

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No, I haven't heard about the challenge (but I would Google it now to learn more). Yes based on personal experience, I can say saving actually works but one should also spend some of the bitcoins to contribute to the growth of the network. If one is spending fiat then buying bitcoins with it and spending it would be better option to keep cold storage out of the picture. All the best for your challange.

nydiacaskey01

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This 52 week challenge is popular nowadays in the Philippines because someone posted how much they saved in the span of 52 weeks using a piggy bank. However for someone who who don't earn much this 52 week challenge is going to be a real challenge because by the time you reached the last 3 months of the year, the amount you need to save is big. I'm looking for a formula that I can use in excel, so I can create my own spreadsheet with Bitcoin.

emezh10

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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?

In any aspects you'll save more through bitcoin than real money . And in bitcoin you're the one who will manage your own money via wallet. And not just that the value of bitcoin is changing daily. So you may earn and save at the same time . In fact you'll save more because you are not holding bitcoin because the wallet it self holds all of your savings. I suggest to be patient and do your best . And i know it's a challenge to increase your saving weekly so you may do campaign to earn or do trading at the same time.

Topic: Bitcoin saving - page 8. (Read 8813 times)