Topic: Keeping money and keeping bitcoins? are they similar? - page 16. (Read 2387 times)
In my opinion it's very similar. Keeping bitcoins is easier for someone who is already saving money. I've noticed this several times in my own circle of acquaintances. People who fail to save money usually fail to hold onto their bitcoins for long either. I don't think it's random either. Some people are good savers and others have an urge to spend their money as soon as possible. Whether it's fiat money or cryptocurrency.
Both of the example given is basically just saving, whether it's money or BTC it's the same. BTC is considered currency. if you keep 0.5BTC today, for the next 5 years, it will still be 0.5BTC. It is the value of BTC that is volatile which in 5 years it could be more valuable.
I have not seen this massive awareness though.
Is that massive awareness that you are saying was the likes calling people to withdraw BTC from exchanges?
I have not seen this massive awareness though.
Is that massive awareness that you are saying was the likes calling people to withdraw BTC from exchanges?
The massive awareness to keep bitcoins for as long as possible promotes people to develop the attitude of saving, just like saving money. Do you agree with this that people who are very good at saving money become very good at keeping bitcoins when they finally start doing cryptocurrency? Or do you feel that there is no similarity between keeping bitcoins and keeping money?
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