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Topic: If BTC is not the best way to save money, What you think is the best ? - page 4. (Read 1557 times)

sr. member
Activity: 1936
Merit: 290
For me saving money another way to bank on my wallet. Actually Bitcoin is the source of extra money with us for me.know him if you have huge knowledge then you will gain for the bitcoin.if you have know more think Bitcoin then I'm not sure what think waiting for you.so another ways to save money bank.
copper member
Activity: 95
Merit: 0
For me bitcoin is the source for saving money. Converting it to real currency and put it into bank, your assets will have interest raise annually. That would be a saving for me
hero member
Activity: 826
Merit: 500
real estate assets, when we save money it does have a huge risk, but it is different if we have an apartment or a piece of land with a luxury building in the middle of the city, that is the most appropriate way of saving, if you do not have enough money to buy assets property in the middle of the city, you can buy assets in the countryside
Cryptocurrency is very risky for the future, as it is now, the price suddenly dropped dramatically from 6500 USD per BTC to now 3400 USD per BTC
newbie
Activity: 9
Merit: 0
I consider Bitcoin to be a good way to accumulate, even despite the falling market, sooner or later everything will recover and even increase. This should not be the only way Fiat is to be ignored early. Smiley
newbie
Activity: 70
Merit: 0
Quote
If BTC is not the best way to save money, What you think is the best ?

Bitcoin is not meant to save money!
If you want to save your money put it on a bank or on your wallet.
Bitcoin and cryptocurrency are meant for earning! profit!
Here you need to be smart to gain! not to save money!

I totally agree with your statements. I believe if people were to save their BTC, they have to put it somewhere. If people still insist on using BTC to save money, instead of earning Bitcoin, they will lose a lot of money.
member
Activity: 308
Merit: 11
A balanced portfolio with a mixture of high risk-high return and the majority in something safe, and if you could afford it property in a nice safe area in a politically stable country that is open to foreign property ownership-the caribbean springs to mind. To some extent it depends on if you have a lump sum to invest for them or a regular amount.  some of the gold backed crypto's look interesting, they could be both a safe bet and a good return, but do your due diligence properly first.   
ict
sr. member
Activity: 466
Merit: 250
In my opinion. if you want to secure or save your money then you better use the media of gold, silver or save your money at a local bank. if you choose bitcoin, in my opinion it's not right because the value of your assets can be reduced at any time because the value of bitcoin always changes every second.
member
Activity: 322
Merit: 10
I have already invested all my money in bitcoin and several other cryptocurrencies. This is the best investment you can come up with today. But if not it would be fiction, then I'd buy gold bullion or invested in stocks would be any big promising company.
full member
Activity: 504
Merit: 100
maybe gold is also a good place to save money, because of that, in the future, BTC and gold are the currencies that many people will be interested in to survive and inflation and deflation.

and banks are not a good solution to save our money.

Sure, gold has been the best investment for ages. When you deal with the cryptocurrencies, you cannot be sure that you will win and earn more than spend. Antique things are also good to buy and resell them later.
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO
Save money? I will pick on bank. Because i think it is safe to keep my money in there without worry about volatily of my currency or anything else that be risk of crypto. If bitcoin maybe i will be trader only.
I strongly agree! Putting my money in the bank is what I will do to keep it safe. Making it a habit, saving money can help us become financially secure and provide a safety net in case of an emergency. It's not that Bitcoin is not the best way to save money, but it's about taking a look at safety and stability. Bitcoin is a breakthrough but let's face the reality that it's not that stable for now, it's still very volatile. However, let's not end our strong support as I'm very hopeful that it will grow and there's more developments to come. Let's all stay positive and patience.

Banks? you still trust them? I wonder why?

some insights ...

If 1% of the population trying to get the cash out of banks at once it will crash.

Limits on every aspect.
and much more barriers
https://mic.com/articles/10304/financial-meltdown-101-10-reasons-why-banks-fail#.saT5WXZZj
legendary
Activity: 1904
Merit: 1000

This post is based on the replies to my other post Its Bitcoin a good way to save money for our kids?

Lots of people say BTC is not a good way to save money, so what is for you a better option??

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...



Saving money must have risks, both large and small. Bitcoin is not the safest tool because the price is too volatile. Besides fiat, property and gold are the two ways that I think are safer if we talk about stability and the tendency to increase asset value.
full member
Activity: 574
Merit: 102
the next question is the best in what context? if you want big profits in a fairly fast period of time, bitcoin is still the best way to save money, obviously the risk is very high. but if you just want to save money (not investment) and don't expect short and long-term profits, go to the bank, save your money while hoping they don't eat it every month. while to save money and expect long-term investment, the property market is still the best choice. buying a house and land prices tend to go up every year, even though it's slow.
member
Activity: 784
Merit: 10
So arguements between bitcoin falls continues to discuss. In my idea, i think it is still good to invest in bitcoin for sure. Because although its price is down now, we have still chance in the future and besides in ita low cost now it is good to buy more bitcoin for future investment.
full member
Activity: 476
Merit: 100
save money and save money the best is in bitcoin because bitcoin has a good future and a very high selling value so my advice to save money we have to hold bitcoin so that the value continues to increase
sr. member
Activity: 1484
Merit: 253
Save money? I will pick on bank. Because i think it is safe to keep my money in there without worry about volatily of my currency or anything else that be risk of crypto. If bitcoin maybe i will be trader only.
I strongly agree! Putting my money in the bank is what I will do to keep it safe. Making it a habit, saving money can help us become financially secure and provide a safety net in case of an emergency. It's not that Bitcoin is not the best way to save money, but it's about taking a look at safety and stability. Bitcoin is a breakthrough but let's face the reality that it's not that stable for now, it's still very volatile. However, let's not end our strong support as I'm very hopeful that it will grow and there's more developments to come. Let's all stay positive and patience.
member
Activity: 434
Merit: 86
Community Manager
Bitcoin is good for saving the money that more or less you give as lost, or you do not care.

If it goes down, it does not matter because you give it up for lost from the beginning, and if it goes up, well, more money.
member
Activity: 378
Merit: 10
I only invest in bitcoin because I really think it's the best investment today. But if it wasn't, I'd invest in gold. It is much slower growing in price, but it is very reliable and time-tested.
jr. member
Activity: 98
Merit: 1
why not, bitcoin is a potential venture to invest your money for your kids to enjoy in the near future. There are many areas that you can invest in so your children can enjoy and the world of cryptocurrency especially bitcoin is also an integral part of it. It is always good to leave a legacy for your kids so they can celebrate and be proud of you when they grow up.
hero member
Activity: 2184
Merit: 531
Save money? I will pick on bank. Because i think it is safe to keep my money in there without worry about volatily of my currency or anything else that be risk of crypto. If bitcoin maybe i will be trader only.

It means that you like to rely on others to hold your money and like centralization. When you keep your money in the bank it's not you holding it in the bank. It's the bank holding it and having total control. What makes you think that a private company won't use your money to save itself and deny you service? Sometimes you go to a restaurant or a bar and they say that they're closed or closing, or for some reason you can't go in. Sometimes you buy a reservation or a ticket somewhere and are denied entry. A bank is like  that. You can be denied entry one day and then what?
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
Save money? I will pick on bank. Because i think it is safe to keep my money in there without worry about volatily of my currency or anything else that be risk of crypto. If bitcoin maybe i will be trader only.
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