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Topic: If BTC is not the best way to save money, What you think is the best ? - page 5. (Read 1557 times)

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I can tell you that there are worst ways to "save" your money and do not trust large financial institutions to do it for you. I had a policy with a large finance and investment firm and I paid a monthly contribution for them to manage my funds in that investment. After about 40 years, I remembered that I had this policy and I requested a report to monitor it's growth.

The result was shocking and these people just kept quite, because they knew it was not performing and it would have been better if I just deposited that money into a Bank.  Angry    Tongue
sr. member
Activity: 532
Merit: 250
If you want to keep your money, then bitcoin is not suitable for this. You can only invest what you are not afraid to lose. The rate could fall sharply in value and you will incur losses.
really so to save money so that you don't reduce the road better you can deposit it into the bank so you can get profits as well and your money will be safe from the name of the loss etc.
member
Activity: 322
Merit: 11
Bitcoin may be the best option if you choose the right time to start investing.

Now the market is very dangerous and for short-term investments I consider only Euro and Dollar.
member
Activity: 686
Merit: 30
the best way to save money for kids ? i think investing on gold , and a land  because that two are really needed by people and the price keep growing
legendary
Activity: 3374
Merit: 1824
There are many ways to save or to earn money.
Real question is how much you are willing to risk your money.
If you want to be sure 99% you can just put your money in the bank account.
It's very low risk but also very low interest.
All investments in the markets comes with risk.
Higher interest always comes with higher risk.
I think that the best strategy is diversification, to invest part of the money in the crypto market, part of the money in stock market, part of the money in the bank etc.

member
Activity: 420
Merit: 10
Saving is the best choice to save the money we have so that your future will be guaranteed from the amount of your savings that always blooms every month.
full member
Activity: 640
Merit: 104

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...



bitcoin is not to save money, but to save your money and benefit from it, if you want to save money it would be better if you do not spend money or shopping as needed.
jr. member
Activity: 154
Merit: 2
A fixed deposit account is another good way of saving money. Bitcoin can't be regarded as a way if saving money it's an investment a just like every other investment it is unpredictable
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
If you want to save your money then save it as gold bars which is the one thing which never lost its values so it can be good storage of value than fiat and you just need to understand that bitcoin is not an investment or storage of value it is just currency and it will have value based on the market situation.
hero member
Activity: 1274
Merit: 516
Bitcoin was never meant to become an investment and bitcoin still got a lot of rejection from government, this situation makes bitcoin future not too clear, it got the chances to go up very high or it can be completely ban, fiat is not the correct investment because of the inflation rate, the best option maybe gold or stock
member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
Bitcoin is indeed one of the tools that can save money with long-term investment, we know that bitcoin has a value that is more than gold, and bitcoin does have a future, I think many who agree with bitcoin are the future. Besides, that land can also be a safe investment and has more value for the long term.
newbie
Activity: 28
Merit: 0
If you want to find something that can help you save money, btc is not a good choice for that. Bitcoin is just a good investment, especially long term investment.
member
Activity: 798
Merit: 10
If we planning invest for our kids, bitcoin is good saving. But we should diversify our investment in several instrument and i think gold and property is good option to invest because its already known as good investment
full member
Activity: 448
Merit: 102
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.
full member
Activity: 812
Merit: 102
If you want to keep your money, then bitcoin is not suitable for this. You can only invest what you are not afraid to lose. The rate could fall sharply in value and you will incur losses.
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO


Still hope you're a troll because parents shouldn't be this stupid to ask for financial advice here.

OH man, no question is stupid!

what is so bad from your view to say " Ask for financial advice is stupid"?

Here are a bunch of high intellectual people around. Never bad to see things from other views, my friend.

full member
Activity: 616
Merit: 100
i think investing in bitcoin and save money in bitcoin is a high risk, and i think it will more save if we save it on the property, and i think bitcoin is a good option if you want to get the high profit with high risk
legendary
Activity: 2814
Merit: 1192
It depends on whether you want to put money to work or just save yourself from theft and inflation. If you want to put it to work Bitcoin is one of the best options at the moment. You could also start a business, but there's some degree of risk in that too.
If you only want to save yourself from inflation buy something that is accepted around the world. Gold, jewelry, watches, things like that will always have value. You can also buy good whisky but that will be much harder to carry.
I have my money divided between real estate, cash, and cryptocurrencies and I feel rather confident.
brand new
Activity: 0
Merit: 0
Put it under the mattress and don't touch it. Or buy safe, drill hole in the wall and put safe there. Dig a hole in the ground and put money there. Or in socket, but I would personally go with safe.
I would say gold personally if you want to have an alternative to crypto, Nice stable market and one would have to assume it will remain strong once global economies face pressure over the coming years because of bad depth. My two sathoshies!
That would be investment  Roll Eyes
legendary
Activity: 2030
Merit: 1028
Here's the risk comparison for your investment purpose

Save in Bank , gain interest monthly ( Less risk )
Make deposito , gain more interest monthly
Buying gold or property such as house or apartment
Play stock exchange ( risky )
Gambling on Vegas
Gambling with crypto ( The most risky )
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