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Topic: [POLL] Do you prefer your money to be in cash or bitcoins? - page 6. (Read 17570 times)

legendary
Activity: 3080
Merit: 1500
I certainly prefer my money in to cash only and not in bitcoin due to the less acceptance of bitcoin in my country. However, I certainly will keep some of my savings in to bitcoin and prefer not to withdraw in any situation for next 5-7 years.

Because, I don't want to waste my bitcoins for buying groceries or mobile recharge. I certainly want them as an investment. So I will keep cash in local currency to meet my daily expenses and keep a certain percentage in bitcoin as an investment. I think that is the wise thing to do.
sr. member
Activity: 266
Merit: 250
Invulner
50:50 is my answer. I cant put all my money into bitcoin, I still need it for my daily life. Unless I  can pay all my daily needs with bitcoin then I will think to put all my money into bitcoin.

that would be the answer for me too,i prefer to have a balance and i like the concept of virtual currency and since i am not a bitcoin millionaire i would like to have both in my day to day activities Smiley
I think more of us wanting to have both, bitcoin is an investment and fiat for our daily used. Having a bitcoin has a chance to make us rich in the future to have us other source of income beside on our regular job.

Definitely. I think it is always good to diversify and never have all your eggs in one basket. I'd like to keep a portion of my savings in bitcoin and another portion of it in fiat or other investment to reduce risk.
hero member
Activity: 714
Merit: 531
50:50 is my answer. I cant put all my money into bitcoin, I still need it for my daily life. Unless I  can pay all my daily needs with bitcoin then I will think to put all my money into bitcoin.

that would be the answer for me too,i prefer to have a balance and i like the concept of virtual currency and since i am not a bitcoin millionaire i would like to have both in my day to day activities Smiley
I think more of us wanting to have both, bitcoin is an investment and fiat for our daily used. Having a bitcoin has a chance to make us rich in the future to have us other source of income beside on our regular job.
sr. member
Activity: 319
Merit: 250
50:50 is my answer. I cant put all my money into bitcoin, I still need it for my daily life. Unless I  can pay all my daily needs with bitcoin then I will think to put all my money into bitcoin.

that would be the answer for me too,i prefer to have a balance and i like the concept of virtual currency and since i am not a bitcoin millionaire i would like to have both in my day to day activities Smiley
hero member
Activity: 756
Merit: 501
I do believe into bitcoin and i do know my fiat even changing a bit wont allow me never to get 3-10%, my fiat can grow against others currencies but the local prices will keep, unlike bitcoin, that its change will mean more local currency into my hands. Soo there is a huge advantage of bitcoin against my local currency.
hero member
Activity: 784
Merit: 1000
I prefer to be my money in cash because there is nothing like cash in present conditions. I also say some good amount should be in Bitcoin as well to have some money available all the time. In real world and its need are revolving around cash where it still has central position which has been proven in disastrous situations. Bitcoin is more safer to be instead of letting money in deposit account at banks.
legendary
Activity: 1554
Merit: 1054
I prefer my money in bitcoin, because bitcoin can become a valuable  investment, and the inflation rate of the fiat is too fast so if i keep my money in fiat my asset will decrease shortly and then i predicted in the future bitcoin  price will keep on rising, so it will be a great idea to store your money in bitcoin
Yes, it is always better one should keeps his money in bitcoin, because when you keep it in bitcoin there are big hopes that the value of your money will increase through the value appreciation of bitcoin but when you keep the money in gold or other things, small increase in value or at least not in quick time. Moreover keeping simply in fiat may get as devaluation due to inflation.
hero member
Activity: 1022
Merit: 517
50:50 is my answer. I cant put all my money into bitcoin, I still need it for my daily life. Unless I  can pay all my daily needs with bitcoin then I will think to put all my money into bitcoin.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
I prefer both, and I feel safe only when I have both, bitcoins in wallet and cash in pocket. I live in such country where I can`t do much with bitcoins, so I need to sell bitcoins from time to time, to fill my pocket with cash. Cause I spent cash much more then bitcoins.
This can only change if bitcoin takes bigger roll in this world, and my country. For now it looks like that is far away, I don`t see that my country doing much about adaptation of bitcoin. In this dual system I can`t choose just bitcoin or just cash, I like bitcoins more, but I can`t live without cash.
legendary
Activity: 1442
Merit: 1008
There should have been a "depends on the situation" option.  I like to use both, but since not everyone accepts bitcoin (obviously), transacting with cash is a must sometimes.
soon or later once bitcoin become more popular and people get interested in bitcoin , they would treat bitcoin just like cash even more. but yeah we should admit the current situation couldn't make us to do everything with bitcoin , i mean to buy anything with bitcoin are not as easy as when we use cash. just let's see in the next few years ahead how bitcoin developed.
sr. member
Activity: 364
Merit: 250
The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow?

State why you prefer your option. Smiley
I think it is still best to keep our money in fiat becouse use bitcoin in regular basic is not so easy I still have to convert it into fiat first. But keep money in bitcoin is good too. So I just need to make a portion to save my money in fiat or bitcoin. It the proportional percentage is 10 % in bitcoin and 90 % in fiat. Becouse of bitcoin is good to for investment so I still need to keep my money in bitcoin. That is the best portion, isn't it??
full member
Activity: 532
Merit: 100
There should have been a "depends on the situation" option.  I like to use both, but since not everyone accepts bitcoin (obviously), transacting with cash is a must sometimes.
sr. member
Activity: 350
Merit: 250
Bitcoin can beat the cash.
Why? Because many countries considers the bitcoin as a true currency. So I'll go to bitcoin and I will also consider bitcoin as a good investment for all time. I believe that bitcoin will be more successful soon.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
I prefer both, since this is not my main income in real life, each time I receive bitcoin I keep it as it is, and put part of it in my exchange wallet because  sometimes I take advantage of the price, when the price increases, I sell my coins, but never withdrew my earning, and when the price drop, I buy again... So it depends...   Smiley
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
Depends. If I want to buy things over the internet I prefer Bitcoins, if the site doesn't accept the BTCs, I use a service site where I sent the BTCs to them and they pay my bank slip. If I need to use the currency on my daily life I prefer my local money, because it's hard yet to find stores accepting bitcoins on our cities.
full member
Activity: 210
Merit: 100
Yes i always prefer my money to be in bitcoin because. If I get my money in cash then i still have no option top increase my money in my wallet but if i get my payment in bitcoin then definitely it's rate will increase in 2 3 months and then i could make another small profit our of it. So that's the reason of my choice.
legendary
Activity: 2912
Merit: 1068
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When the Bitcoin price is high I prefere Bitcoin. Thus I can save a lot of money. And it's more convenient then to carry cash around with you. I don't feel comfortable with that. Having some cash is more like a back up. But in the future we will use less and less cash, that is for sure.
legendary
Activity: 1400
Merit: 1009
I'll go with bitcoin. i can spend bitcoins anywhere i want with the help of debit or credit.(i can fund it with bitcoins) i don't have to deal with banks at all.
hero member
Activity: 896
Merit: 1000
Bitcoin is more better than fiat money and this one has no comparison with that old method of currency, in fact I am just holding my reserve into that bitcoin has more bright future, but fiat is still my first priority to use in my town unfortunately it is hard for me to use as normal cash.
sr. member
Activity: 854
Merit: 250
I prefer to have all my money in Bitcoin for many reasons that have been discussed here thousand of times but atm most of my assets are in cash, not because I don't trust Bitcoin but because I can't buy everything I need with it.Hopefully, more stores and sellers will realize the advantages of Bitcoin and start accepting it as a payment method.
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