Saving bitcoins - page 27. | Bitcointalksearch.org

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Quote from: SFL on February 19, 2017, 01:33:21 AM

Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

save bitcoin will not make you lose, because you will avoid scam and losses. for storing bitcoin will certainly benefit, because the future will be bright and certainly bitcoin already guaranteed price will be higher than now

phaddie

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Quote from: Catswold on February 19, 2017, 03:11:52 AM

Quote from: oktana on February 19, 2017, 03:03:03 AM

Quote from: rainingbitcoins on February 19, 2017, 02:37:22 AM

Quote from: oktana on February 19, 2017, 02:22:36 AM

Quote from: meelvanchris on February 19, 2017, 02:10:38 AM

Quote from: SFL on February 19, 2017, 01:33:21 AM

Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

That's true bitcoin can be the best investment for future as price is increasing at a moment and once it becomes more popular its price will go even higher so try to collect as much as you can as in future it will become more harder to get small portion of bitcoins.

I'm still not too sure to saving bitcoin in large numbers, I'd always swap its 70% in FIAT savings, still uncomfortable with bitcoin fluctuations, I hope I'm wrong about that. I believe more in bonds stock, property or gold.

You have more faith in that only because they are surviving since long time and comparatively bitcoin is still new currency and new form of investment so people don't have that high level of trust in investing their money in bitcoins but a part of wealth should be invested in bitcoins as if bitcoin performs well in future it can bring good profits.

I still consider bitcoin wallet available can't guarantee its users, and Bank can provide solutions to the same problem, even able to track flow of funds in detail until reporting to relevant law. But I slowly look forward to believe bitcoin, and I still learn a lot about this coin.

Bitcoin directed me to more easily get through features of virtual money, I just need more time to believe it.

People who are not aware about bitcoin yet will prefer to save their money in banks as they don't find any other option to save their money but the interest paid by banks is too low so if you save your money in bitcoins then it can give you huge returns in long run.

After knowing bitcoins I prefer to save my part of income in bitcoins so whenever I get my salary I buy some amount of bitcoins and keep them safe in wallet as I think this is the best investment to make at a moment and it will surely give me better returns in compare to saving in banks in long term.

Catswold

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Quote from: oktana on February 19, 2017, 03:03:03 AM

Quote from: rainingbitcoins on February 19, 2017, 02:37:22 AM

Quote from: oktana on February 19, 2017, 02:22:36 AM

Quote from: meelvanchris on February 19, 2017, 02:10:38 AM

Quote from: SFL on February 19, 2017, 01:33:21 AM

Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

That's true bitcoin can be the best investment for future as price is increasing at a moment and once it becomes more popular its price will go even higher so try to collect as much as you can as in future it will become more harder to get small portion of bitcoins.

I'm still not too sure to saving bitcoin in large numbers, I'd always swap its 70% in FIAT savings, still uncomfortable with bitcoin fluctuations, I hope I'm wrong about that. I believe more in bonds stock, property or gold.

You have more faith in that only because they are surviving since long time and comparatively bitcoin is still new currency and new form of investment so people don't have that high level of trust in investing their money in bitcoins but a part of wealth should be invested in bitcoins as if bitcoin performs well in future it can bring good profits.

I still consider bitcoin wallet available can't guarantee its users, and Bank can provide solutions to the same problem, even able to track flow of funds in detail until reporting to relevant law. But I slowly look forward to believe bitcoin, and I still learn a lot about this coin.

Bitcoin directed me to more easily get through features of virtual money, I just need more time to believe it.

People who are not aware about bitcoin yet will prefer to save their money in banks as they don't find any other option to save their money but the interest paid by banks is too low so if you save your money in bitcoins then it can give you huge returns in long run.

oktana

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Quote from: rainingbitcoins on February 19, 2017, 02:37:22 AM

Quote from: oktana on February 19, 2017, 02:22:36 AM

Quote from: meelvanchris on February 19, 2017, 02:10:38 AM

Quote from: SFL on February 19, 2017, 01:33:21 AM

Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

That's true bitcoin can be the best investment for future as price is increasing at a moment and once it becomes more popular its price will go even higher so try to collect as much as you can as in future it will become more harder to get small portion of bitcoins.

I'm still not too sure to saving bitcoin in large numbers, I'd always swap its 70% in FIAT savings, still uncomfortable with bitcoin fluctuations, I hope I'm wrong about that. I believe more in bonds stock, property or gold.

You have more faith in that only because they are surviving since long time and comparatively bitcoin is still new currency and new form of investment so people don't have that high level of trust in investing their money in bitcoins but a part of wealth should be invested in bitcoins as if bitcoin performs well in future it can bring good profits.

I still consider bitcoin wallet available can't guarantee its users, and Bank can provide solutions to the same problem, even able to track flow of funds in detail until reporting to relevant law. But I slowly look forward to believe bitcoin, and I still learn a lot about this coin.

Bitcoin directed me to more easily get through features of virtual money, I just need more time to believe it.

rainingbitcoins

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Quote from: oktana on February 19, 2017, 02:22:36 AM

Quote from: meelvanchris on February 19, 2017, 02:10:38 AM

Quote from: SFL on February 19, 2017, 01:33:21 AM

Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

That's true bitcoin can be the best investment for future as price is increasing at a moment and once it becomes more popular its price will go even higher so try to collect as much as you can as in future it will become more harder to get small portion of bitcoins.

I'm still not too sure to saving bitcoin in large numbers, I'd always swap its 70% in FIAT savings, still uncomfortable with bitcoin fluctuations, I hope I'm wrong about that. I believe more in bonds stock, property or gold.

You have more faith in that only because they are surviving since long time and comparatively bitcoin is still new currency and new form of investment so people don't have that high level of trust in investing their money in bitcoins but a part of wealth should be invested in bitcoins as if bitcoin performs well in future it can bring good profits.

oktana

sr. member

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Eloncoin.org - Mars, here we come!

Quote from: meelvanchris on February 19, 2017, 02:10:38 AM

Quote from: SFL on February 19, 2017, 01:33:21 AM

Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

That's true bitcoin can be the best investment for future as price is increasing at a moment and once it becomes more popular its price will go even higher so try to collect as much as you can as in future it will become more harder to get small portion of bitcoins.

I'm still not too sure to saving bitcoin in large numbers, I'd always swap its 70% in FIAT savings, still uncomfortable with bitcoin fluctuations, I hope I'm wrong about that. I believe more in bonds stock, property or gold.

meelvanchris

sr. member

Activity: 336

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Quote from: SFL on February 19, 2017, 01:33:21 AM

Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

That's true bitcoin can be the best investment for future as price is increasing at a moment and once it becomes more popular its price will go even higher so try to collect as much as you can as in future it will become more harder to get small portion of bitcoins.

SFL

newbie

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Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good. Cheesy

darkangel11

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Don't let others control your BTC -> self custody

Quote from: Farma on February 18, 2017, 01:15:16 AM

save bitcoin is currently a pretty good thing. I never check your bitcoin price in 2 days, and after I saw it, the price has now been increased again. Well, I guess to save bitcoin for now looks so promising, and it might make us really lucky if we keep them until mid-month. maybe when you save it until then, the price of bitcoin has reached the price of $ 1,200.

It's always good to see your investment grow daily. I love this feeling of waking up, checking the price and seeing it's up 1 or 2%. It starts a day for me and I feel great throughout it.
I'd be willing to bet that it will reach $1200 this year, so I agree that it's a good idea to save it now.

Zadicar

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Quote from: Farma on February 18, 2017, 01:15:16 AM

save bitcoin is currently a pretty good thing. I never check your bitcoin price in 2 days, and after I saw it, the price has now been increased again. Well, I guess to save bitcoin for now looks so promising, and it might make us really lucky if we keep them until mid-month. maybe when you save it until then, the price of bitcoin has reached the price of $ 1,200.

Reaching out $1200 price is very attainable on this year and seeing on the current price it really gradually increasing as of now and this price rally would continue it might reach that amount in no time but we still cant be sure because there are really things or unexpected scenarios that would happen which makes bitcoins price to drop again.

Farma

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save bitcoin is currently a pretty good thing. I never check your bitcoin price in 2 days, and after I saw it, the price has now been increased again. Well, I guess to save bitcoin for now looks so promising, and it might make us really lucky if we keep them until mid-month. maybe when you save it until then, the price of bitcoin has reached the price of $ 1,200.

coynedterm

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Quote from: vaxo_nba on February 10, 2017, 01:50:58 AM

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

In the current time no one banks are avalaible which are making deposit of your bitcoin , because of its legality many of the banks trued to make such bitcoin bank plan but failed , But it may be probably possible that in the incoming days it is possible .
But still you have many options to store your bitcoin without any risk in your wallet .
You just need to make backup and export private key , in this way you can easily you can access any time .
Second option you can use cold storage system .
But be careful your bitcoin will not go rise like the fiat in bank but still your profit will increase because the price of bitcoin will increase .

coolcoinz

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Quote from: mornabo on February 16, 2017, 07:05:27 AM

Quote from: SamsungBitcoin on February 14, 2017, 07:49:39 PM

Saving bitcoin is like an investment and it also like saving of fiat in the bank because of the interest gaining for the period of time you put your money in the bank and bitcoin is much better now because of continuous increasing of its value.

true, saving bitcoin will be the same with investing. so when you save bitcoin make sure that you always do the checking to the market price, so when the price is high you can convert it to a fiat and save bitcoin will become profitable

Saving, unlike investing offers much smaller risk. When you invest there's a chance a company will disappear with your money or go bankrupt. There's no such problem when your money are sitting safely in your offline wallet. Also, saving gives you control over your assets, while investment will usually take time to cash out. Some companies offer no early returns, so you get your money frozen for a year or more.

alisus

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Yes for some users, of course, but short term investments should work just fine

20kevin20

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Quote from: mornabo on February 16, 2017, 07:05:27 AM

Quote from: SamsungBitcoin on February 14, 2017, 07:49:39 PM

Saving bitcoin is like an investment and it also like saving of fiat in the bank because of the interest gaining for the period of time you put your money in the bank and bitcoin is much better now because of continuous increasing of its value.

true, saving bitcoin will be the same with investing. so when you save bitcoin make sure that you always do the checking to the market price, so when the price is high you can convert it to a fiat and save bitcoin will become profitable

That is basically BTC/USD trading.. You buy when the price falls and sell when it raises. Many people think it's very profitable but in reality it's risky too. You can buy at the wrong time, for example if you bought a month ago you would've bought at a $1200 price.. Because many thought it'll go even higher.. And now you wouldn't be on profit.

mornabo

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Quote from: SamsungBitcoin on February 14, 2017, 07:49:39 PM

Saving bitcoin is like an investment and it also like saving of fiat in the bank because of the interest gaining for the period of time you put your money in the bank and bitcoin is much better now because of continuous increasing of its value.

true, saving bitcoin will be the same with investing. so when you save bitcoin make sure that you always do the checking to the market price, so when the price is high you can convert it to a fiat and save bitcoin will become profitable

deisik

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Quote from: richardsNY on February 13, 2017, 03:06:45 PM

Quote from: gsrcrxsi on February 13, 2017, 02:48:08 PM

Quote from: chesatochi on February 13, 2017, 01:42:30 PM

I think is better that you buy a portion of your saving in bitcoin. Then you store your precious digital money into a hardware wallet and wait patiently that the price of bitcoin increase over time!

Yes and saving money in banks will give you 2 to 3% annually and inflation will eat all your money but if you save your money in bitcoins then you can expect huge returns as price of bitcoins keeps on increasing and it can definitely give you better returns in compare to banks.

What legitimate investment option doesn't give you better returns than what banks can offer? It's clear that banks don't need our money anymore, and thus it will be a matter of time before negative interest rates become reality on savings. If I look through the banks available in my country, then the best they can offer me is a fixed 1.25% interest rate for the duration of 10 year. If I opt to choose 5 years, then they will offer me an astounding 0.75% interest rate. It's peanuts, really

I don't think this is possible

At least, not in respect to saving accounts of individuals. Some Switzerland banks are (were) already "offering" negative interest rates but these mostly refer to deposit accounts opened by companies which are required by law to use banks for their transactions. Really, if you were an ordinary human, why would you ever become interested in this if you could just save your cash at home without paying anything to banks (that's what NIRs basically come down to)? Someone could object that if you have large savings storing them in a bank could be safer (even if you have to pay for it), but how many rich men store their wealth as money on deposit accounts, to begin with?

Oralmat

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If you want to save your bitcoins, So why not you are using wallet? You know we all of them are using the wallet for saving the bitcoin. And i think you know that no bank accept the bitcoin, than forget to get the profit from bitcoin, than definitely you don't need bank percent age profit on bitcoin. Because bitcoin is already a profitable thing, if you only buy bitcoin than you can make profit from it, only hold it and look after the price of bitcoin.

Jewell

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Quote from: ausbit on February 14, 2017, 06:17:48 PM

if you are thinking to store bitcoin directly in bank while not even converting to flat money..... i think it is not possible right now.... you have to exchange it into flat money before storing into bank so i think if you have to save it you should use any online wallet or any desktop wallet i think it is good for bitcoin

i think still thee is no bank which accept bitcoin. therefore everywhere if we want to store the income of bitcoin we much convert it 1st in fiat and after that we will be able to save them in banks otherwise not a single bank still accept bitcoins.

SamsungBitcoin

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Saving bitcoin is like an investment and it also like saving of fiat in the bank because of the interest gaining for the period of time you put your money in the bank and bitcoin is much better now because of continuous increasing of its value.

Topic: Saving bitcoins - page 27. (Read 32736 times)