Bitcoin Forum

Since we all know that the price of the BTC is going up and down and we can't clearly know what's going to happen in the next month, few months, a year... Would it be "better" maybe to keep 51% of your btc in fiat? or some other proportion IF the bitcoin price somehow crashes like it did when it came from 1k to about 200$ so if that does happen you can still cover the "loss" of your btc in fiat and if the price goes up you can still convert that % of the gained btc to fiat, so you always have a backup in some dark case. Thoughts?

I personally would store everything I got in BTC because I trust BTC and I know that we will reach the moon , eventually at least . Also people should think logically in this matter , take in consideration halving block reward , and services that start accepting bitcoin each day etc ... 6,5 billion dollar marketcap can't die between one night and another just like that .
But if you can't afford to lose anything then yes , I suppose it's better to store little bit in Fiat and some in Bitcoin as -well .

i personally would choose bitcoin than fiat and even though prices bitcoin is very unstable i do would take my own risk with believe bitcoin as my current investment

It greatly depends on your entry point. If you got in at 200 I would keep most in bitcoin. If you got in recently, a spread may be better if you are afraid it can drop 100 USD for instance.

I would put as much as you are comfortable with in bitcoin at the moment, but never your full savings. Also pit some in a regular savings account, gold and stocks.

remember that storage in btc get an intrinsic highly level of  volatility !
but if you need to "hide" some funds, or you want the control of it ... btc is the best solution!

You should never invest in something you can't afford to lose or recover from.

That being said, it's up to how comfortable you feel.
Investors diversify, which would be the backup you are talking about.

i would choose bitcoin for sure, now it is the best investment option that can give the most profit and that has a lot of potential in growing

I personally set aside some extra so that when in dark times, I have something to pull.

Cheers  :)

In my case, I prefer having my money on bitcoin. I save the coins for long term savings so the small changes that has happened on the bt price these past few weeks doesn't really affected it's value. Also I believe that the incomming halving will make a price hike before it happens so as of now, it's best for me to keep the coins.
I do convert some coins to fiat occassionally tho, whenever I need to withdraw it in fiat because bitcoin is not et really known widely in my country.

I am not the kind of person who buys Bitcoin and store them in fiat currency. I am the type that tries to earn his Bitcoin by signature campaigns or the odd programming job I get. Bitcoin is going to really take off, and everyone here will be rich. It happened once before the Mt. Gox fiasco but Bitcoin is recovering.

i prefer both, bitcoin price is not really stable so i have some money in btc and some in fiat

I think it's better to be in bitcoins, i'm all in bitcoins no fiat balance at all atm.(i will have some fiat balance when btc will be above 500$)

For near future I think those invested in coins will see the better return.  How high will it go? No one can say but difficulty has been jumping a ton.... should effect price.

I will say if you have fiat there is really no variance you are for better or worse locked into a value.  With BTC you have pretty big up's and down's.  So they are really two very different storage methods.

Yes you can recover your lose. The value of the bitcoin is not stable but the problem is your time if you can wait for a long time you can recover your lose if the is high.. Bitcoins still the best to choose as investment because the bitcoin will still increase month by month.
So if you want to make a profit right now. wait again for the low price. This time is not the time to buy, The price today is very high and there's a possible that the price will crash.. wait for the low price below 400 and then buy bitcoin after that hold your bitcoin and wait for the price to increase..
Don't forget the halving after halving the price should be increase above 500. Let's hope that the price must 500 above..

Gold and BTCs, avoid  fiat money if possible due to inflation and great public debt all over the world.
It could turn easily to nightmare everything in relation with money in next few years.

Storing as bitcoin is the best option than going for fiat. The volatile or fluctuating nature also earn you some price, but the fiat won't earn any profit as well its very risky to hold for long.

Dude, if you pay your bills and rent in fiat, buy your groceries, give money to bums and tip strippers in fiat then you ought to keep most of it not in bitcoin but fiat.  Bitcoin is unpredictable in case you haven't noticed, and you could lose it all.  OSS "knows" it's going to the moon but I am not so confident and such confidence in the face of uncertainty most likely will leave teeth marks on your butt cheeks. 

Bitcoin could yield a profit, and it's just up to whoever holds the bitcoin to decide whether or not to take that risk of holding bitcoin and hoping for a profit, or holding some fiat and making a few thousandths of a penny or losing a penny. Bitcoin is for a slight risk taker, and fiat is for the guy who likes currency that has a very stable value (most of the time.)

I personally would store my wealth in neither. BTC is still in its startup stages and the price is too volatile. I'd store my wealth in gold, for now.

I think BTC is the best way to store your money in right now, because the bullish trend is quite strong. However it still involves risk. But not fiat, never fiat.

Whatever I put into bitcoin stays in bitcoin.
I mean I have invested what i can afford to lose so I have no reason to put money into fiat in case bitcoin drops.
There was a big reason for the drop you mentioned and I doubt that will happen again anytime soon at least to that extent.
The only time I would sell bitcoin is in the hope I can buy more for cheaper not because of the illusion of safety in fiat.
Only invest what you can lose and forget the rest or it gets annoying.

I agree with you that we have some in bitcoin and some in fiat. some in fiat for backup when something happened or emergency. and storage in bitcoin, i think it's fine. like today the price of bitcoin is increase.

Gramps used to always tell me that you don't put all of your eggs in one basket.  ;D

Totally agree with this one. I always play with multiple cards.

Cheers  ;D

i prefer storage or invest my money in bitcoin than in fiat, however it's risky but it's prety much high return but if you have a lot of money, i think the best way to storage them is invest in property but you must remember  never put yourself in a position where you are forced to sell.

you can't just set fixed numbers like this.
if you want to invest in bitcoin for long term then you should but whatever amount you can afford to risk and don't think about small daily changes.
but if you want to trade bitcoin daily then you should do it completely not half ass. which means buy all and sell all your investment in appropriate times to take the biggest profit.