Bitcoin Forum

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?

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?

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.  ;)

In terms of saving, at first glance it might look the same for everyone. But in terms of saving Bitcoin and saving money, there is a slight difference that may be very basic for someone to feel, because someone who is good at saving money may not be very good at saving Bitcoin.

Why is that, because one needs to choose a very special and truly secure wallet to store the Bitcoins he/she has. Meanwhile, to save money, one only needs to prepare a safe or the safest bank to place the money. So in terms of saving, of course there is a slight difference, even though at first glance these things look almost the same.

I think its like saying saving gold, saving silver, saving money and bitcoin and bonds etc. Just saving and nothing else really. What you are suggesting here is idea to save but in different formats of "money" or "asset" which carries a proper value to exchange with something equal in value. I don't think we should be confusing this with the bitcoin and fiat. They are both different in terms of utility, values, and may be supply too! Saving in bitcoin can be far more beneficial than money because of obvious reasons. Despite of that the points, its savings, it could be in any form of valuable asset.

Keeping money and keeping Bitcoin are not not entirely similar in a way. But I believe it's more easier for some people to keep money than to keep Bitcoin mostly especially those that are not patient and those that get excited easily. What I'm saying is that when you're keeping money there's no probability that your money is going to increase or decrease so if you keep $10 in the next 10 months you're still going to meet the same value of money i.e $10 but for Bitcoin there is a probability that the value of your Bitcoin might increase or decrease so some might get excited when they see their Bitcoin increasing in value and then immediately swap to usdt or any other stablecoins ( which in this case mean same thing as money). so for money you don't have to worry about its value while for Bitcoin you  have to.

True, it really doesn't matter the kind of currency one is in possession of. If one doesn't have money discipline, as in, cannot keep fiat money, how will keeping or saving Bitcoin suffice?
Although, while fiat money is easier to save because it more safe from hackers, and ease of which it can be spent, Bitcoin requires strict monitoring of visited sites and security updated regularly.

Someone who can save fiat currency for a long time,can also save bitcoin for a long term,if he knows how to keep his wallet safe from hackers. Saving is a habit which must be practised for it to be part of you. If you are an extravagant spender, you might not be able to save fiat money due to your life style, also if that person has bitcoin he may also not be able to keep it.

I know of a lady that loves saving all her income and wouldn't touch it because she depends on her husband's income to run the house. It is easier for this kind of person to save in bitcoin because they will hold for long,as long has they know the value of their investment.

Holding bitcoin is how i learned saving. I got suddenly more interesting in saving my money as it was so volatile and exciting. My fiat money wouldn't have done anything but maybe losing value slowly. It was so boring. Buying BTC lead me understanding how charts work. How trading works and how things are valuated. I learned to buy stocks too and lots of markets in general.

It's basically same but saving money is more boring and not rewarding or exciting at all. Yet it's good to have some of your saved money as fiat money.

People who are frugal or prudent with their money with do so with bitcoin. It is a skill or behavioural attitude which I firmly believe is transferrable. They simply see it as their fiat changing form. That is from tangible to intangible. In fact, they will even become super prudent when they see that they are actually in control and that they do not have to spend any money on maintenance fee.

Saving money either as investment or for future use is a habit. There are some people who are easy spenders, regardless of how much they have or earn, they will always spend all. These set of persons would always identity both relevant and irrelevant means or avenues of spending thier funds. I think people that have develop the habit of saving fiat might have the ability of keeping bitcoin for a long time. This might be the case because both cryptocurrency and fiat are all medium of exchange, therefore what an individual would do with one might be similar to what he might also do with the other.

It is also important to state that saving fiat might not be the best option because it is prone to devaluation and might never appreciate in price (this is the case of my local currency). But there is every possibilty that the price of bitcoin might appreciate in future, which makes is a good hedge against inflation and a viable investment platforms.

I could say that there might be some difference and that would be pertaining about "CONFIDENCE"

when you do save up money then you wont really be bothered about volatility which is something a main issue when you do hold up Bitcoin but due to the earning opportunities that it do gives then you might just ignore it out in the end.The similarities on here is that when it comes to self discipline and control because if you are really that good on saving up in fiat money then same goes when you are saving up bitcoin specially for long term.Just make it sure that you wont really be that too active when it comes to watch the market every now and then which would really be affecting you because of the moving
prices.

Saving money is entirely different than saving bitcoins. In saving money, you are not gaining anything and your money will still be worth the same when you first kept it. Whereas in saving bitcoins, you are getting some profits off of what you're keeping that it will somewhat tempt you to take it out when it received some form of appreciation. That's the main difference, and that's what makes saving bitcoins harder than saving money - there is always the possibility of realizing profits in a short span of time.

I would say what someone who is used to have savings for the long term will have no problem when comes to buying Bitcoin and holding as well for the long term.
That is one of the usual Bitcoin investment strategies, after all. However, we cannot ignore that the effectiveness of Bitcoin and FIAT as saving vehicles are very different, no one (few people, I assume) keeps money as savings, because the inflation, while Bitcoin is deflationary.

That itself makes it better than FIAT in long term.

saving money and saving bitcoin are the same thing, but there are only slight differences.
save that money
financial management efforts aimed at preparing funding requirements for the future.

whereas
save bitcoin (Invest bitcoin)
Investment is defined as direct or indirect investment, with the hope that the investment owner can benefit from the capital he has invested or the assets he has purchased.

but the use is the same, both are preparing funds for the future, only the method is slightly different.

Yes, the same thing, keeping bitcoins or money is similar, whoever succeeds in keeping money succeeds in keeping bitcoins and whoever wastes money will also waste bitcoins.

This is related to the culture or nature of people. Some people tend to spend money without awareness or real need on things that have no value, while others keep money to carry out successful projects that provide them with good income in the future.

After all, Bitcoin is a currency that means money, and people will behave the same way either way.

I see that they have many similarities but there are also many differences, like what I know about now, btc is increasingly popular and widely known in many different fields. However, they are not really being used in everyday life, when the economy is still operating through money, in which crypto is only seen as a small area for it. Like some people here I keep both crypto and money, but going into the financial investment aspect, it's a long story to discuss, btc or money also needs to be appropriate for each person's life. We adapt to changes that have always existed, nothing will last forever, everything will change in different ways.

Bitcoin is still money, so a person who wants to save can apply those strategies or techniques on how to save money using bitcoin. There are differences in spending; for example, in the traditional system, if you have a spare coin or money, you will save it or put it in the piggy bank, whereas in bitcoin, you cannot unless you set up another wallet to send those amounts. Though there are terms like "saving bitcoin," the meaning for the holders is to invest in it and hold it for a period of time to gain profit, but in fiat the actual value won't be increasing over time if you hold it in the piggy bank.

I recently heard a very good expression: "Saved, consider it earned."
People are different, and their needs are also different. Let's take the simplest: it is enough for someone to eat simple oatmeal, and he is content with it, even having the opportunity to eat better, but someone cannot live without delicacies. If you transfer these things to more serious things, you can guess what a difference in money these people make.
Accordingly, we ourselves control our desires and lives. Those who have a goal are usually more solid and very careful about their investments, but those who are impatient can be wasteful and will not be good holders when it comes to cryptocurrency investments.

All depends on the in-flow of cash, those who are able to save more money probably have a job that pays them good money and also maybe have lesser responsibilities, than those who who struggle to save..
Using the scenario above, it is easy to know that being able to earn more money equals to the ability to buy more bitcoin and hold for a longer time, compared to those that are not able to earn as much money to cater for their day to day expenditures, let alone having extra to invest in bitcoin, when this type of persons invest in bitcoin, the chances that they are not going to hold it for a long time is imminent due to obvious reasons. 

There is possibility for this because saving of money takes alot of sacrifice that you have to deprive yourself of certain luxury to accumulate your money either in the bank or at your closet. In other words, it is the same thing with bitcoin hodling as it is the same process of deprivation for that time of accumulation and savings. However for bitcoin, you will be more encouraged to do so because of the high expectation of increase in the value of what you are hodling in the future. For example with the last month that bitcoin has been appreciating, it is also reflecting in the portfolio of hodlers certainly which is an added advantage to the culture of hodling of bitcoin.

There is similarity in both and that is the spirit of savings that you still have to retrain yourself from unnecessary spending for fiat and dumping for bitcoin.

Bitcoin is something you save to have more gain in it; however, keeping money is different from keeping bitcoin in that you can come and take it as it is being kept and no matter how there will be a monthly bank fee deducted from your savings; bitcoin price may rise and you got many profits there that you can't imagine; however, we don't save money and think that you are expecting profit from it; as a result, keeping bitcoin and keeping money are not similar.

Obviously it will be a good capital for those who are used to saving in the long term and then start investing in Bitcoin,
indeed when we invest in Bitcoin of course our goal is to make a profit,
long-term investment in Bitcoin is of course the opportunity to generate much greater profits.

Long-term investment is an investment with a fairly long duration and not everyone is able to do it because everyone's level of patience is of course always different for this. Especially if the motivation is to make a profit, it's certain that some people will immediately sell when they see the number of profits they get even though they haven't invested too long. So this certainly will not be the same for every investor even though they invest in the same asset, namely Bitcoin.

First, we need to establish the reason for the keeping of the money before linking it to the keeping of Bitcoin. No one is keeping Bitcoin because they just want to save it, they are holding it in the belief that it would one day increase in price and they will benefit from it, which is a pure investment. But in savings, many are doing it for some projects and reasons and might rely only on interest accrued which is nothing to celebrate compared to what Bitcoin might give at times. Also, most fiats don't appreciate, and they lose value, notwithstanding, some carefully selected ones like the USD might help but not substantially.

Conclusively, Bitcoin is better for savings if it's targeted towards investment but must be carefully planned with proper speculations.

Imagine having a 100 dollars in your pocket, and the next day they turn into a 20 dollar bill, or maybe 200 dollar bill.

These move differently also it depends on your need or where you use this since in bitcoin you can either lose your money due to volatility or can able to earn more huge if price pump but this is not easy as other people think since this one need critical thinking and discipline before you can earn profit with this. In fiat you might lost a value due to inflation but the beauty of this is you can use this anywhere you go also for sure you will not encounter any physical issues with this, so in the end of this still depends on where you want to use it since individual investors have different opinion regarding on this two currencies.

I will try to focus on this question. Yes, they will be able to do that, because it's the same as saving, but maybe in a different form. When they have the habit of saving money well, it will be easy for them to do that to anything. But the question is, how much trust does this person have in bitcoin? if they really believe, then they will because it is tantamount to saving money.
I will not try to explain the difference between bitcoin and money, but in this context they have something in common, yes, in storing it, we must have a special place. Security in storing money and bitcoins will really need more attention.

There's no similarities with Bitcoin and fiat money because they were two different things entirely, if you keep money in fiat, it will loose value with time because it may not be able to afford buying the exact rate of what it has been affordable for in the past, inflation is the key factor that affect the value with money, it depreciate and the bank also deduct their own charges from it, Bitcoin has nothing to do with alll these because it's a profitable investments though volatile, it appreciates with time without been influenced by inflation.

I believe in that because of the principle and practice that has been developed. If you're good at saving money then you should also be good in keeping bitcoin and any other asset because you've been through with it and had an experience on how you should keep it.
It's about the discipline that's been made for which it's going to be applicable to anything that you're seeing of a great value and you'll be keeping it for good.

That's what I think as well. But keeping bitcoins has also become easy. All you need is a hardware wallet and it's easy to saving without constant monitoring. Indeed it can be stolen by a housebreaker, but that can also happen with fiat money. You should definitely protect yourself against such an event.  :)

People who are financially literate and always research what they invest in will have no problem with any investment, and that includes Bitcoin. On the other hand, for the majority it is not the case since they keep their money in banks, which is a very simple procedure that does not require you to be too intelligent. This is why many make a big mistake by putting banks and crypto exchanges in the same basket and treat fiat and Bitcoins in the same way, which is completely wrong.

Storing Bitcoin is therefore a challenge for everyone, first of all a security challenge, but also a challenge resulting from a lack of understanding of the market and panic that often causes many to sell at a price lower than what they bought. Some research says that less than 5% of world's population has anything to do with Bitcoin, whether it's a simple investment, trading or paying with it, which means that the average person is not ready or interested in Bitcoin at this time.

I don’t see any difference on saving between Bitcoin and Fiat because Bitcoin has a fiat value too. Only volatility is what makes this two different but they are the same when it comes down to saving.

Bitcoin is a money too which is in form of digital currency/ crypto currency but it has same value with fiat. People that good in savings of fiat will definitely do the same on Bitcoin if he will not look on the price in regular basis.

Saving money and saving is very similar but different. The difference is if you save money in the bank, maybe the return will not be big depending on the amount of money you keep in the bank. But most people who save money in the bank only pay fees from the bank instead of getting interest on their savings.

But if they keep their money in bitcoins, chances are they will get a very large return if they can constantly save in bitcoins until before the bitcoin price gets its long rally. But that will depend on the person because most people still prefer to keep their money in the bank.

I do not see that there is a difference between them, as they both represent a form of savings. The only difference is in what each type of savings requires; Saving money does not require more than opening a bank account and depositing money in the bank, which will take care of guarding those savings in return for a commission, while saving bitcoin will not cost anything except that the person has sufficient knowledge of how to install and use the wallet and deal with private keys.
Bitcoin can be saved just as savings are done through banks for a commission, but unfortunately the central platforms that provide such services cannot be trusted and it is never recommended to use a central platform to save bitcoin or any other cryptocurrency.

The fact that the other choice has a tendency to increse concerning market price, makes the difference obvious. Storing in Bitcoin will give you the opportunity to  ern peofit but risk would be present. Keeping your wealth in fuat on the other hand will secure your wealth but won't generate that much of profit. Thus, your preference would be the bottomline. Some would go with investments because of profit tendencies but some people would prefer a safer wealth. Which one would be better then? As I've said, your preference would be the bottomline. If you cannot afford engaging to risks then avoid engaging to this industry in general, volatility is the main factor.

Both are actually good practices. It shows wise handling of our funds since savin is necessary, especially during the inflation crisis that we're facing right now. However, saving Bitcoin will be more beneficial because you can make a good profit from it if you buy at a lower price and hold until it reaches a good value.
Saving money will also be a good idea though you can't expect profit from it unless you save it in banks that also offer a minimal anual profit. Both would be better but it all depends on your purpose of saving.

owning bitcoins is like owning cash. Self-control and perseverance are needed. Like cash, bitcoins can be held for long-term gain. Like high-interest bank accounts, bitcoins may appreciate over time.

Bitcoin, though, is my preferred currency. Bitcoin's scarcity gives it an advantage over conventional currencies. The maximum supply of Bitcoin is 21 million. Inflation hedge due to limited supply. However, governments produce typical fiat currencies, which may lead to inflation and a progressive loss in purchasing power. Bitcoin's decentralized nature makes it hard to control. Bitcoin's decentralization makes it safer and more convenient.

As technology improves, investing in bitcoin or another prominent cryptocurrency like Ethereum is a wonderful way to diversify our savings. Given the current rate of development, bitcoin, not gold or the US dollar, will likely be the preferred savings asset in the near future

I don't look at the outcome but the process. The outcome, as you said, is different, but the process is very similar.
When someone is good at saving money he should also be good at saving bitcoin because this attitude is a habit and a part of our personality. I'm good at saving, I'm a saver not a spender and this manifests in being a good holder. I also save up fiat money, I used to do that a lot when I was at school but now I spend more fiat and try to save up as much bitcoin as I can.
I know a few spenders and they just can't keep money at hand. If you hide it from them they will live like normal people, but give them some cash and it's gone.

Obviously yes, people are very good at saving money will be good in all the aspects related to keeping assets safe throughout their lives. This habit is not specific to just fiat, it's about controlling your habits and maintaining the lifestyle. So yes it's obviously similar to keep your bitcoin and keeping money. But yes investment in bitcoin is easier i have seen some people making some trades in between their holding period of bitcoin and increase their overall holdings.

The only relationship between saving fiat and bitcoin is that those that were used to saving fiat will be able to save bitcoin more easier than there counter part because they have already had the experience to endure and be patient. Now the difference is bitcoin requires its knowledge than saving fiat. People believe fiat remains the same when it is saved but the knowledgeable one knows it is loosing value. And in term of bitcoin ones the value fluctuates it also looks to as once is loosing when it is in bear market but the an investor that has bitcoin knowledge knows it is same.
So to me saving bitcoin requires more knowledge about when to leave and enter, but for fiat it requires less or no knowledge at all

Bitcoin is money. Maybe you meant fiat currencies. Then in this case I think it's worthful to save only in Bitcoin currency, while avoiding to hold large sums of money in fiat, due to its accelerated devaluation which happens in a weekly and sometimes daily basis.

If you have a lot of fiat saved, better that you use it to invest in BTC or in properties, as the long term potential of such investments is quite decent, when compared to the alternatives banks offer us, which are usually unprofitable after all.

That should be a lesson taught at schools since we were kids, but unfortunatelly we only learn about it once we reach adult life and see on practice how fiat saving accounts and fixed income offers are a big joke over investors.

Just similar with minor differences, OP. You're saving something of a value that you might be able to use it for future uses and a plus factor for Bitcoin is that it could grow in value overtime, the usual investment stuff that we are always aware of.
Even though price of Bitcoin might decrease at one point, 1 BTC = 1 BTC.

Oh and another point worth mentioning is that saving Bitcoin won't have any authorities involved.....depending on where you store it.

That is one of the use of Bitcoin, as an investment instrument but it was only optional. It's main use is still a currency, the same with fiat money. Keeping BTC and money are quite similar if we look at them in the outside but from the inside, they aren't different anymore because like you said, BTC value is growing but fiat is stable and sometimes decrease in purchasing power due to the inflations.

We can still keep money in our own possession and not in a bank. That way you will never pay a fee but you only need to make sure that you keep your money properly or store in it in a vault with a passcode that you only know so that it won't be stolen by someone else.

Some people may be good at saving money, but I doubt if most of them can be as good at it as they are at saving their local money when it comes to holding bitcoin. Bitcoin has volatility attached, and local money can be inflatable. The saver may not be too concerned with the inflation of money because they know it is not in their hands to stop it, but when there is volatility in the crypto market, they may not possibly have the zeal to hold on, so they sell off due to panic. They may think that selling off helps them reduce what they have already lost or what they should have lost. @OP, please understand that I am not saying that all savers cannot be good at holding bitcoin, but most are only good at saving money because they are more comfortable with it than dealing with bitcoin volatility. 

If we separate Bitcoin from "money" as it's not a traditional form of currency, then yes, since you cannot clone your money and save these backups all over the place. You have many advantages with BTC compared to classic money. With fiat you either save it on a bank or keep the bills somewhere safe, with BTC you can save your private keys in a million forms whether it be physical or digital.

I'd say both. Personally, I'm someone who is decent at managing my finances and has always saved money in order to have purchasing power at any moment and because I like having money at hand. I do the exact same thing with Bitcoin: I save every bit I receive. Although I believe that because Bitcoin is perceived as a valuable asset that is likely to be worth more in the future, it may encourage saving for some people who aren't as capable of saving money in fiat currencies.

There is no similarity or comparison whatsoever in my opinion. This is because they both have different reasons. People who save money in banks do so for the raining days. People who keep bitcoins do it to protect their wealth. They also do it because they know that when the value appreciated they are going to have increased a percentage of their wealth. You see two different reason and they are not in any way similar.

Regardless, it's the same context, only saving.
But the difference in this case is when you save in the form of money no matter how long you save it, the number count will still not change because the value will still be the same, different from bitcoin because indeed with the existing fluctuations and with conditions where increases and decreases are certain what happens is what makes the difference.
It would be great if we kept it for the next few years because we could get more benefits from the savings we made.

I agree because people who are good in saving money had already created a good foundation on their character that is needed to be able to withstand the temptation of spending spree.



Holding bitcoin is different from holding fiat currency.  Money is a currency issued by the government while holding bitcoin is like holding digital currency that is decentralized and no central authority.  The difference between them is that money is more widely use as medium of exchange while Bitcoin is not yet widely accepted.  They also have their own set of advantage and disadvantages so keeping money and keeping bitcoin is not the same.

It promotes people to develop the idea of investing money in Bitcoin. If Bitcoin was a safe haven investment the financial institution won't have invested in it.

Is about discipline, and fully understanding the benefit of Bitcoin.
There's different between saving and investing in Bitcoin, despite how they look alike. Keeping funds can also be analyzed as storing or stacking cash but when you invested your storage fund into Bitcoin for the long term is when you keep Bitcoin.
"The golden goose is only good if only it lay eggs"

The main difference here is the value which we know that keeping bitcoins could really make your savings even more worth due to the potential of the money you are holding could really increase in value which what

the thing that sparks most peoples interest and there's no surprising.If you are really that good on making up some savings then it wont matter whether it would be sticking into bitcoin or into fiat.

You arent that blind nor dumb enough not to be able to point out those differences which you could eventually take out some advantage if you wanted to.

the main difference is your money in fiat form will decrease in value take look this image the US Dollar lost its value in the early 1900 till this date

and yes after through many economic disaster :( keep the value even lower

bitcoin on the other hand like this it against the inflation too

Of course it's different, the movement of bitcoin which is like a roller coaster makes us have to be vigilant and don't use all the money for bitcoin, many people are stressed because selling assets to buy bitcoin and the prediction of profit turns out to be different, the best advice is to save bitcoin with not a large amount so we don't panic if the bear market occurs again.

My assumption is the same as saving Bitcoin and saving money but different in value.

  If you are good at saving money, you should also be able to save Bitcoin, but not all of them are sure of the very fluctuating conditions of bitcoin, so they cannot do this except for what is stored in a bank because they will believe in stability compared to bitcoin.

Meanwhile, my assumption is to save bitcoin because its value will increase for the long term, for example 5-10 years, while money, unlike bitcoin, will actually be more inflationary or recession, which means that money will strengthen down and become weak, so I prefer to save bitcoin, even if it's only a little bitcoins in my hands.

Those people who can save money in fiat and can refrain themselves not to spend it for long period probably have a good financial standing wherein their earnings are consistent and not struggling financially. If your situation is like this and you'll invest in Bitcoin then chances are you can hold for long period without worries since you are doing fine even without the money that you invest. So it depends on your situation, because you can still be good at investing if you are really determine to keep it and has a goal that want to achieve.

Anyway, keeping your money regardless of the form of currency has similarity because you're still saving and not spending. However the difference is, if you save your money in fiat even you let it sleep for long period, you'll not get worried that it might lose its value. While if you keep your money in Bitcoin, the risk is, the price is unstable. The reason why it is not advisable to invest using the money that you can't afford to lose because you'll never know what will happen in the future.

Yes, if you are good in saving money, it will really help you to improve in the community because it will be easy for you to buy Bitcoin when the price is low in the market and hold for the price to increase higher before you can sell to make a good profits which is a best strategy many potential traders are using to improve their wealth in the country. Many potential traders in the environment started saving money to watch how the cryptocurrency market move so that they will not invest their money in Vail than to understand the movement of the market price very well before using the saving money to purchase Bitcoin for long holding to achieve something big in the future.

Logically I think holding money and holding bitcoin have similarities but technically and practically it has many structural differences, keeping bitcoin deflationary and free, keeping money subject to inflation and the government knows what you keep and what you do with your money. In my opinion, being good at saving money is a virtue to be encouraged. In a time of economic downturn, saving is great but I'm not sure they would be a good holder of bitcoins themselves.

As long as you practice saving fiat, most likely it will also be effective when it comes to saving bitcoin because both require patience and long term goal. That is why if you find it hard to save money because you end up using it due to unexpected bills or expenses, same case will also happen to saving bitcoin. You will not succeed from it and just like others, you may even buying it a high price and selling it at a lower price, which means you only save at a loss.

When you save Bitcoin you are actually saving money. But this time it is not the paper money or CBDC the government issues but a digital currency that is decentralized. Remember money is a medium of exchange that can be in the form of notes or coin that can exist both digitally and physically. So if you save Bitcoin it is the same as saving money because your coin can be used as medium of exchange either directly through p2p exchange or swapping through exchanges.

You’re right, if you have discipline, you’ll be good both in saving fiat and saving bitcoin because it allows you to stay focus on your goal, and that is to save and be profitable in the future. Otherwise, you’ll only save temporarily and then spend it later on because you lack the discipline and you take actions that are already out of your control. And that makes you very ineffective as a saver not only for money/ bitcoin but even to different assets that you want to acquire.

Bitcoin is a very good and promising investment so it's worth our choice, if we have large finances then it's time to put money in bitcoin because the profit potential is very promising, but as investors we must understand that the opportunity for bitcoin loss is also very large so we must always do a deep analysis.

It will be the first choice for people who already know the potential of bitcoin in the future and can provide big profits. But people who don't know bitcoin won't think like us. Even though someone has invited them to join or they see lots of advertisements from the internet or around them about the potential bitcoin they can get, they still won't try it. And it's up to them if they still want to keep their money instead of trying to save their money in bitcoin because by keeping their money in the bank, they feel comfortable and not afraid because they get guaranteed protection from the government.

Fiat and cryptocurrency is very different. Storing fiat doesn't have any risk like volatility, but I don't want to store fiat in the first place because it doesn't have volatility unlike Bitcoin. But for a newbie, maybe he will have a hard time at first when he invested in cryptocurrency because it requires basic knowledge to know what you'll do in certain situations. The only thing I want about Bitcoin is I am sure that in the long run, it'll give me high profits that I couldn't find in fiat.

There is lost in just keeping our money in fiat or in bank, as inflation increases our money saves might still be the same in number but no longer in value once we use them in purchasing. If we're not into crypto then it can be better to invest in stock market or properties. Use only fiat for emergency savings and daily transactions.

Storing your fiat in your home means you will make no profit because it will devalue over time, also storing it in a bank you will make a small profit over time, and the risk is very low. If you hold bitcoin, there is a risk, as it is now called an investment, but you will gain profit over time and it is bigger than storing your fiat in bank, but that doesn't mean that it is easy to get that profit. You will lose also, but this is good for risk-taking people compared to playing it safe, like storing money in a piggy bank or your local bank.

Bitocoin and what you call "money" are quite different. Fiduciary -fiat money can be printed at leisure by central banks whereas bitcoin has a limited and know supply. That is the major difference in economic terms, but there are other questions like embargoes, account freezing, etc... that are also quite important for many people who think bitcoin is superior.

For me, the only thing that I believe stops people from keeping or HODLing their Bitcoin is not having financial sustenance for other things you have to do in your daily livelihood just like the same applies to keeping money in your bank account.  If you have the financial means to take care of other means then the need to sell your BTC wouldn't arise just like the need to withdraw your fiat savings wouldn't arise.

The principle is the same, namely the goal is to accumulate money or wealth in the long term, but this is of course different because when we save fiat it cannot be said to be an investment because there will be no profit that will be obtained in the future, it will actually eliminate the exchange rate of money in the future because it is eaten by inflation, while saving bitcoin, of course, provides benefits in the long run because the exchange rate continues to rise as we have seen from the introduction of satoshi to the world until now.
Indirectly that this is different even though the principle is the same, namely saving.

You want to advise many people not to panic and not feel stressed when market conditions change for the worse. Actually this is a good suggestion, because to be more precise, everyone should be able to share their finances into a number of ways, including investing in Bitcoin besides having to save it to live a normal life. So this thing is about how to manage finances and distribute them in a structured way.

I think it will be different because they are 2 completely different asset classes. The value of fiat does not volatile, so it will be simpler to hold them, whereas bitcoin is a very volatile asset, so holding it will become more difficult and require a lot of patience, as well as controlling fear can hold bitcoin. It can be said that bitcoin is not for everyone, only those who like to take risks and take risks can invest and hold bitcoins, but saving money anyone can do it.

This may be a correct judgment, because if a person knows how to save money, then he will be able to apply this skill to bitcoin as well. And even more so it will make it much more interesting with bitcoin, because when we save money, inflation eats it up over time, and bitcoin is protected from this. Moreover, bitcoin will rise in price and make a profit, which will be much more interesting.

But here many other questions arise, when to buy, when to sell. This will require certain knowledge.

I think that these are completely different concepts.For a simple example, for example,I spend money more often than I save for savings,but I don't touch my cryptocurrency reserves for a long time,I trade part of it, but part of it lies idle and waits for better times.When the price suits me, then I will sell.cryptocurrency is my contribution to the future and my savings for many years to come.

That's clear to say these two are not similar at all, by holding fiat money you are actually putting yourself in danger of losing the value of your hard-handed money because of inflation because the 100 dollars of money you invest in the bank won't be worth 100 dollars anymore even after a few months depending on the country you live and inflation rate on the country, while by inventing on bitcoin even if the fiat loses it value you still have your money and you can have the chance of getting more after exchanging back to fiat in long term. While the one bitcoin you bought is still one bitcoin.

Though bitcoin and fiat are different, but the practice of saving fiat and saving bitcoin is just the same. You would not be successful saving bitcoin if you are not used to saving money in the first place, so that creates more positive outcome if you yourself knows how to keep your money properly in the long run. If you can be good in saving money, then most likely you’ll also turn to be a keeper of bitcoin for good.

Hmmm if you are not m that sure to invest maybe try a little bit, if i will be the one in your case instead of waiting for more pump days and bulll days  I will take some portion to my bitcoin and will invest it. It is not bad to take some risk, doing nothing is actually a risk as well. We should be used on a kind of market that we have a we need to get used to the behavior of the market.

Keeping money and keeping bitcoin are not the same thing. With money, even a dime cannot be added to over a year, and at the end of the term, you will have it exactly as you kept it—not that you put it into a business, just kept it. But with bitcoin, you can keep it for a long time and still make a lot of money—you might even have double what you invested. That is how they are comparable.

conceptually very different. if you save your money in a bank, in terms of security it is the main reason why many people choose to save in a bank, the bank has a layered security system. Another advantage is that you also have access and freedom to make transactions. So, it's very easy to get many transaction options. Not only that, convenience is increasingly felt in today's digitalization era take advantage of mobile banking or internet banking. Whenever needed, you can withdraw money from your savings without significantly reducing it. Maybe less save money in the bank the value or nominal value of Savings at Banks Difficult to Develop and There are limitations such as daily cash withdrawals at ATMs or certain payments and purchases.

Unlike Bitcoin, Bitcoin is not controlled by any country. Bitcoin is an investment in nature, its price fluctuation can go up and down, for example we need money and the price is not friendly, that's what makes us lose financially, but if we save it for the long term, it can be a tremendous advantage. profit

The similarity is both need good management to keep them safe. If you keep money in a careless way, you probably lose the money. For example, if you keep money in a place where you probably forget it, you may difficult to find it in the future or you may lose it forever. It is the same as you keeping Bitcoin, you need to keep the Bitcoin in the right place. If you keep your Bitcoin in a CEX (Centralized Exchange) or you keep it in an untrusted wallet, you may lose it when there is a problem with the CEX or the wallet. Always keep your Bitcoin in trusted wallets, for example in Segwit wallet or in trusted hardware wallets.

However, keeping money and keeping Bitcoin is different.
When you keep your money, it means saving. You commonly keep fiats to have reserved money. But the value won't change, it is always the same.
But, when you keep Bitcoin, it means an investment. The value of Bitcoin increased gradually, you will get profits in the future. If you keep it in a proper way and you know how the scheme of Bitcoin price increases, you should multiply the value.

They are the same in terms of the word "Saving" but the volatility here is different, because of the money, how much money you put aside is that and it cannot be changed.

In addition to this, bitcoin does not have a fixed amount of value, because bitcoin is volatile, there are high chances that its value will decrease or increase in seconds, minutes, hours and days depending on market demand.

Both have pros and cons, if you talked about the cons of money, which is the loss of value caused by inflation, then you also need to talk about the volatility of bitcoin, bitcoin is not only profitable but also It is very risky to invest in it.

In short, both are good and necessary for our life, money needed for daily transactions and savings for emergency work. While bitcoin serves as a store of wealth, a scheme to increase wealth for the future.

Basically the same but saving in bitcoin is more oriented to investment or to take capital gains just like stocks, in the system but like most people bitcoin has quite extreme volatility even though basically the same bitcoin and fiat are currencies but in my opinion it depends on the person looking at it for that matter.
In my opinion, goals and expectations are definitely different in saving in bitcoin and fiat currency, but if the goal is to finance old age it is better in bitcoin because as we know bitcoin will provide wealth to those who hold it in the long term.

There is some correlation between good saving habits and being successful at holding onto bitcoins, but it's not a direct link. People who are disciplined with their finances and have experience saving money tend to have a better understanding of how to manage their resources, including their digital assets. However, holding bitcoins requires understanding the specific risks and rewards of the cryptocurrency market, which may not be related to one's savings habits.

Because I am good at saving money and holding it for a long period of time without spending a penny on it, does not guarantee I will also be good at saving when it comes to Bitcoin, because the value of my local currency which I am saving will always remain the same in my locality, unless on the international market that I might experience little to know the difference in change. But when it comes to bitcoin saving/Hodling it requires determination, just imagine buying Bitcoin told @23k$ and you plan to hold it for about 4 years, and waking up the next morning and you happen to check your wallet and your yesterday's Bitcoin which was valued at 23k$ is now worth 30-40k$, will you still hold on to it or not? , and if it happens that you overcome the temptation that very moment after some days you started seeing the price dropping at a very high speed what will you do? what will first come to ones mind is to sell at that point and buy back later when the price goes below the average, and most times after selling off your holding the price gain back by 10-30% which will make buying back a very difficult situation for you since you can no longer get the same amount at the old price, then at the end of the day u realize that you have sold out your holding which you never planned for.

Keeping money and keeping bitcoin isn't the same in this case I assume you are talking about the fiat as money so lets see what happens when you save and keeping the money either in your bank account or piggy bank, if you keep money on bank account the interest provided per annum will be 4% just for example and for piggy bank its 0% well you also need to consider the inflation rate lets assume 3% inflation in general so you are actually making 1% if you keeping in bank and your money loss its value by 3% on your hands.

Whereas keeping bitcoin is different cause it has its own value so the price goes up or down depend on the market supply and demand as far we look the growth the bitcoin grown a lot over long period so in case if you are keeping bitcoin for more than 3 years then it should be atleast 5x times thanyour investment amount.

What you are comparing is like saving and investing. Although keeping money in a bank or piggy bank will not be profitable even if you keep it for a long time, with these savings, you are very safe and can use them anytime you want, even in case of an emergency. While you keep all your money in bitcoins, and if you need money urgently and bitcoin is in a bear season, your assets drop more than 50% in value then you are in bigger trouble than depositing money in the bank.

According to me, fiat and bitcoin are not the same, so they cannot be compared, fiat is for savings, daily consumption, and bitcoin is a long-term investment, the comparison is lame.

As I've mentioned earlier, I'm saving both money in fiat and bitcoin, but the latter is much more meaningful since it's probable that it'll be worth more in the near future. Both are necessary. On the one hand, fiat currencies are always handy in our daily lives, whether we like it or not, while on the other, investments are a great way to increase your value. Fiat currencies are inevitable, but it's certainly best to diversify and at least attempt to invest some of your savings in Bitcoin or stocks. Personally, acquiring Bitcoin has been one of the best decisions I've ever made, without too much hassle, and despite the bear market, I'm just a little off my DCA.

No, that's definitely different. A small example, if you save money in an automatic tax account, interest will eat away at the balance which will be reduced, including the value of inflation, if your money is in large amounts and you want to withdraw everything directly, it will be difficult and there will be many questions from the bank. It's different if you keep Bitcoin in your wallet. For example, if you save 1 Bitcoin for a long period of time with high volatility and the price is getting more expensive then you have the advantage of not having to do anything. Tax-free, interest-free and you have full control if you really want to convert it to fiat.

They are not, keeping money is something that will cause you to lose, because if you have 100 dollars today, what you can buy with that 100 dollars will not be the same as what you can buy with that 10 years ago, or 10 years later.

However, the hope is that bitcoin is not like that, people hope that if you buy bitcoin today, you could buy more things with it in the future, because it has gone up all the time. Look where it was 10 years ago, barely started to get some attention, and we are seeing it be huge last year and even bigger in the future hopefully. That's why it's so important to have some sort of understanding where it can lead to and I believe it will be great.

Saving money on piggy banks is not the way if you are shooting for long-term investments, I'll just throw it out. Inflation fucks evrrything over and that includes the value of your money. Thus, when you keep your mkney in a piggy bank you are basically just collecting piles of money that would not mean squat in let's say, 10-20 years in the future (although for coin collectors this is perfect, but I digress). Anyways investing your money is pretty similar to buying bitcoins if you aim to increase wealth with such purchase. You buy an asset, hold it for a set amount of time, and if all goes well you profit. As with keeping money in let's say a trust fund or a bank, the same thing applies.

Maybe there are similarities between people who are good at saving money and also good at saving Bitcoin. However, people who save money tend to be more relaxed, but they don't realize that over time the value of a currency can also decrease even though the numbers remain the same. Meanwhile, people who save Bitcoin tend to feel anxious, this is caused by fluctuations in the price of Bitcoin. But people don't realize the value of Bitcoin is increasing even though the Bitcoin numbers are fixed. I think money and Bitcoin are polar opposites in terms of the long term. Maybe Bitcoin is almost the same as storing gold.

If we think smart then saving money in the bank is not profitable, bank interest is only about 12% per year or 1% per month and then subject to other fees and maybe only get 0.5% per month or 6% per year, then inflation is around 5% so that a year it only increased by 1%, but if we save bitcoin then we have the opportunity to profit, in 2022 the price has skyrocketed by more than 100% so it is a good opportunity to save bitcoin.

I think they are both same to people who are aware of Bitcoin's future. But for me, saving money is keeping your money to decrease its value over time. Inflation and all the other stuff gradually decrease the value of money that you hold. On the other hand, when you hold BTC, its price may decrease in bear market or other time, but its future is clear. It will bounce back up for sure.
For me, I will prefer to hold BTC and not money. But those people who are expert in saving money, they are expert on hodling BTC too. So I agree on that.

saving is one of the disciplines that is applied by a person (the term of a person's financial control ability) and if that person has good discipline in saving fiat then that person will also easily implement his/her saving abilities if he/she switches to cryptocurrency.


although basically there is no difference, people who are used to fiat will definitely have a difference when they are keeping bitcoin. for example, if you are in a country that uses US dollars then your habit of keeping bitcoin will be affected by the price of US dollars vs Bitcoin, because the price of bitcoin is very volatile then you will definitely determine how much $dollars will you spend every day - week or month to buy bitcoin. cmiiw

Of course bitcoin and money are different things, fluctuations in bitcoin that use the concept of decentralization make its value difficult to predict, 13 years ago bitcoin was not popular and cost around under $ 1, but now the price of bitcoin has reached $ 23k even in 2021 it has skyrocketed to $ 68k, this is a strong indication that bitcoin is a valuable asset and in my opinion better than money.

Bitcoin is slowly becoming trustworthy as any national currency, just that you have to take good care of it and operate your digital wallet. You can be the manger of your own bank without anyone monitoring your cash like how much you've spent, transfer or even how much you have likewise money that someone from the bank that you have your money can tell how much you have.

You can save  your funds for a very long period of time and the growth of your account would occur as a result of supply and demand, but with money if they don't trade your money to gain interest, it will be the way you left it, so I prefer keeping Bitcoin to money.

The only thing that's similar in your question is KEEPING.

Even though it's better than regular money or fiat in other words, it doesn't mean that everyone should forget money in favor of Bitcoin. Because as long as money can still be used for payment and also to buy Bitcoin, there's nothing wrong with continuing to use money even though Bitcoin is better than just money. After all, liking lots of things and having multiple payment methods would also be better for everyone because it can also be very helpful in shopping for things that are needed.

Of course this depends on us, if we want to see our money have a fixed value in a year then we have to choose money, many people prefer to save bitcoin in the hope of getting a profit from rising prices, this is natural because the growth in the number of bitcoin users is increasing rapidly, especially Currently, many countries have legalized bitcoin.

The two examples above are still in the context of saving, someone who likes to save will find it easier to save Bitcoin if they already know Cryptocurrency. But saving in Cryptocurrency (Bitcoin) is riskier than saving money in a bank or elsewhere. Price volatility is an unavoidable risk, you must have realized that Cryptocurrency prices can change very quickly.

Saving in Bitcoin is very tempting but has its own risks or in other words, high returns always provide high risks. Although basically the goal is saving, however these two activities have different advantages and risks.

The context in this case is saving. when looking at this context it is clear saving bitcoins and saving money are something the same thing.
But the difference that happens is that when we save money, the nominal value will still be the same even in the next few years, it's different from saving in bitcoin because this will change in terms of value considering the fluctuations as you said.
The difference lies only in terms of risk because saving money does not change in terms of nominal value, so it can be said that there is no risk except maybe the value of the money will obviously decrease when there are unwanted conditions such as inflation etc. but for bitcoin there is definitely a significant change either in terms of value or in terms of nominal value in fiat due to the fluctuations themselves so this is a priority risk.

  They are similar in some aspect i.e both involves savings but saving Bitcoin is more valuable than saving ordinary money. Let's consider this two people:
Man A saves 2 million naira in early 2020 but this money ends up losing value till this moment.
Man B uses 2 million naira to buy Bitcoin in early 2020 and now has made more than ×5 of his/her investment now.
  Therefore buying Bitcoin is highly better than saving your money directly in bank for long.

To me one is more valuable than the other, in my local currency it sucks to keep your Fiat in the bank, some may say that Fiat is more safer in the banks but not in my country, unnecessary charges and deduction of your money is very common and also the value of the Fiat decrease in time, holding Bitcoin gives me peace of mind more than holding my Fiat in the bank, 80% of all my money are in crypto and the 20% are in Fiat for survival.

While fiat money depreciates in time, bitcoin value continue to surge high year after year. So keeping both of them has different effects in the future. But when asked if saving money in time develops the attitude of saving bitcoin as a long term investment, yes it is. Because once you started as a good saver in fiat and you have practiced it especially when you’re still a kid, then most likely you will be good enough to save bitcoin without hassles. That is when you also have high faith in bitcoin too that you can save it without being bothered by price drops.

80% of your entire assets on Bitcoin or crypto is a bit risky i should say and leave out 20% on fiat.Im not a fiat defendant but we do know that we could entrust them out.The only thing which is really that we cant

avoid is that inflation rate which is an inevitable and it does really happen along the way.Saving up some fiat in banks for some security isnt really that bad but it wont really be that more bad if you do consider on making out some investment options that we do currently have today and most of us is really that eyeing on crypto or simply with Bitcoin.

Keeping or saving would be similar? Yes, in action but not on the potential profits that it could give.We know the main differences of a volatile and non-volatile thing.

If the person knows the risks when it comes to btc market, he should know that gaining profit is not always you will expect.
But sure, a person who knows how to save money would find it easy also how to keep some of his bitcoin.
But with volatile market, he should know to what extent he can hold this kind of currency.
This is why some people still prefer to store their funds in the bank because of the low risk, even if they are earning dust of interest.
At least they know when they wake up, their money is still intact. However, in crypto, you can see a roller coaster ride of prices.

You don't have to keep holding your bitcoin forever. As long as you want, you can sell whenever you want (profit or loss doesn't matter, but if you have to sell, sell it). And it is not the same thing. People that save fiat money doesn't have to worry about any volatility. So they don't have any tendency "to sell" since the value of their money won't fall or rise in short period of time unlike holding crypto currencies. And then there are those FUDs that causes a strong urge in people to sell their coins.
So it's not the same thing to be honest. And I am pretty much sure, most of the people don't "save" their money in crypto. They just invest and holds it. Not the same thing.

The only similarity that I see in keeping fiat and keeping bitcoin is that they are both money, in different forms and with different values. And I do agree that someone who is good at saving fiat will be more patient in saving or keeping bitcoins without becoming a victim or FUDs or etc. But, I don't think saving money and saving bitcoin are similar.

I personally would feel more secured and relaxed if I have saved fiat, since I wouldn't need to keep an eye on the market or worry about what might happen if there is a price drop, which is what I'll be facing if I have saved bitcoins for short term targets.

Yes definitely, saving money in today's world requires some form of personal constraint to not give into all the consumption we are being offered every day. When I open the internet in the morning I am already receiving a lot of special deals which always have a limited time or number of deals to it so that it seems much more exclusive. Every year new gadgets like phones and laptops come out with new features that are a must have. It's really hard to not give into all the consumption madness and stick to older products and instead try to save some money. Any person who has managed to successfully budget their monthly expenses and save money on the side will be doing well in the crypto world. Bitcoin is the great example how well you would be doing if managed to save all your coins from the start.

People who can afford to save Bitcoin's in my experience already have a fairly stable fiat currency setup and were saving money elsewhere before jumping into cryptocurrency. People that have enough excess money to start spending some of it on speculation or "investing" have reached the point where they are financially stable compared to others who live paycheck to paycheck or fall deep into debt. There are similarities in the behavior, however if you go to sleep one day with a $100 dollars, there is a relatively high likelihood that the things it can buy when you wake up are similar. The same is true with Bitcoin, however it has much higher swings and volatility in comparison.

At least people who are used to and disciplined in saving money will have good discipline in collecting bitcoins and holding them. But saving money and saving bitcoins are certainly two different things. Money is prone to be affected by inflation and its value can decrease over time. But bitcoin has high risks and high opportunities if stored for the long term. Money will not grow if you save it. but Bitcoin has the potential to grow in value if stored long term. although of course the risk is also great when holding bitcoin.

Discipline and commitment for saving money and bitcoin is a difficult thing, we will be tempted to shop or buy things that we like when we feel we have a lot of money, the temptation is increasingly difficult for us to avoid because it is easy to shop online, of course it takes effort and hard work to be able to Commitment and discipline when we want to save money and bitcoins.

Actually, they are really similar and the value depreciates when the forex or crypto market moves. Holding a fiat is really helpful in terms of emergency or personal funds which you can easily pull up when you needed that's why some people are holding them in their bank and also goods if they are offering interest rate per month depending on how much you have deposited.

And other people are also holding fiat to buy BTC when the value drops which I think is a good move if you are buying 25% of your money/salary. 

They are similar in the sense that both require certain level of financial discipline and long term planning. However, they are also different as saving money in traditional banks is easier because of its  familiarity and stability of the financial system, whereas Bitcoin is highly volatile, decentralized but has seen unparalleled returns over the past decade, surpassing other assets.

The attitude of self-discipline to save enough both money and bitcoin is actually a good character. Both can be profitable but in different ways. We can't expect good returns when saving in banks and can't make a good profit if we can't deal with Bitcoin's volatility. The attitude of saving can work successfully if we'll also accompany it with enough knowledge and understanding about how both things work.

If it is for savings, we don't need much knowledge. Just store your money in the banks, and you keep it there as long as you want. Surely, no specific knowledge you need here.

But it is different when you invest your money in Bitcoin. You must have sufficient knowledge about Bitcoin investment. You must know when the right time to buy and when the best time to sell the Bitcoin is. You also need a strategy to ensure that you optimize the potential profits. If you don't have enough knowledge, you may just waste your money in Bitcoin. It is very volatile, it has a high risk!

What defines A might not define B. Keeping Bitcoin requires a lot of Patience which means you will have to hold onto it for a while before it start yielding your desirable profit for you whille in terms of money, I don’t think money can be held onto for a very long time because one would always need money for a lot of financial support at every point in time, which you won’t have any other choice than to tamper with it compared to BTC. For example, it is easier for me to remove from a particular money that I have been holding for a quite a while because I am in an urgent need of a money, whereby I am determined to return it back once I am financially stable again but in terms of BTC, It won’t be as easy to tamper with compared to how easily for me to have deduct from the money I have been holding on to. People see keeping bitcoins as another means/source of investment. In other words, you can keep a particular sum of money for maybe a duration of 2 years or probably 3 years without removing a dime from it, while it is possible to keep a particular amount of BTC for a duration of 5 years or even more. When you are financially down, it is easier to remove form the sum of money you have been keeping for the past 2 years compared to tampering with your BTC.  Lastly, money and BTC are 2 different things and they serve quite different purposes at one point or the other.

We do really need knowledge when we do invest on bitcoin because it does really give out that kind of money making opportunity or making profits which you do need to take some action on the time that it do really make out some significant move specially when it is really that uprising and make out some gains into your entry point which its never been bad to secure profits.When you arent that confident on embracing up the risk
in correlation with crypto investment then it isnt really for you and its better to make your fiat money sit into those banks and wont really be earning something but if you do like to take up some
risk just for the benefit of some potential income then you would be needing to make a step forward.

It's might seem clever trying yo coin simarities in this way but I don't buy it. Saving fiat money and hodling bitcoin aren't the same thing. One of the reasons is the fact that, bitcoin isn't just money or a currency but, an asset. For people we buys assets, invest in real estate, you can't exactly term that as saving. Same way you shouldn't really refer to hodling cryptocurrency in that regard.

You save faith money with the purpose of just making it available for use in a few days, weeks, months or even years but, you hodl bitcoin because you have in mind that, it would appreciate in price/value which makes it some good investment.

True. Sometimes even if you save bitcoin but then exit at the very wrong time ... you are in deep negative instead a profitable green one. That's always happened. Once in our life the unfortunate moments always come , be prepare for it ... and minimize it by what so called discipline and knowledge of course.

Once you have acquired it all , you will never worry on picking to save fiat or bitcoin , both are so full of benefit in the right hands.

Of course there is a big difference, both in terms of benefits, safety and in terms of benefits. for example someone saves money in a bank, the benefit side is that when they need it they can easily take it, as well as guaranteed security and will also get interest if the amount of money they save.
but if Bitcoin or other crypto that we save is not as easy as taking the saved money, sometimes when we need the price to drop, then of course we have to postpone it to avoid a lack of value. in my opinion very much difference

One of the problems with bitcoin, in my opinion, is that it is becoming less and less anonymous. Cash is more anonymous. The second problem is that bitcoin's yield is decreasing over time (altcoins give much higher yields).

I think peoples tendencies to do things spread across all spectrums of their lives, not just when it comes to one specific thing.  For example if you're good at saving money you're probably good at saving other things as well as being dedicated and disciplined.  Most people that I know from my days of working in finance tend to bring their strong financial behaviors to all "sectors", so those clients I have that I know own bitcoin, and are good at "saving" it, tend to be good with saving money and other investments. 

In my opinion, both fiat money and bitcoin work well as a store of value. 

Fiat money can be transferred to a deposit account, or it can be transferred to a bank account denominated in grams of precious metals (gold, silver, platinum, palladium). 

Bitcoin is a deflationary asset that increases in value over time....  I am ready to save both bitcoins and fiat money. 

But there are big temptations nearby - these are girls.  Girls are very motivated to spend men's money - fiat money, gold and bitcoins.

Saving money and holding Bitcoin are not the same.

When someone saves money, he doesn't need any specific strategy and no need to have sufficient knowledge about the money. As long as he saves it at the safest place, it is enough. He only needs to plan when he probably uses the money in the future.

While holding/keeping Bitcoin, it requires a strategy and sufficient knowledge about it. You must understand when the best time to buy and when the best time to sell Bitcoin in the future. To know this, you need to analyze the market trends and the Bitcoin price history. Analyzing the market trends or BTC price history requires knowledge. People who have no sufficient knowledge, cannot do it. Also, people must understand where the safe place to keep Bitcoin and understand how to transfer it themselves.

The main problem arising from keeping money is the decline in its purchasing power. The main advantage of keeping bitcoin is that the value of bitcoin can increase over time, while the main disadvantage is that the value of bitcoin can fall to zero.

It is like saving, with high patience. But the impact will be quite different. Bitcoin investment will have a higher value in the future. Although the amount of Bitcoin is probably still the same, its conversion to our fiat will be rising up this is why Bitcoin becomes one of the worthy assets for long-term investment. It is different from money from which we may not get high profits from it. But how we have the patience and willingness to keep our money in the fiat bank or in the Bitcoin is actually the same, to make it as saving for the future, with certain purpose and goals, including the target that will determine how high we will probably take the profits.

Its like a double-edge sword and this is why getting all in is never been recommendable if we do speak about holding and accumulating Bitcoin as much as we can or something that do tells about putting up all of your fiat into conversion into Bitcoin which is suicide.Im not saying that Bitcoin is not really good but we do always have that risk.Only invest and put up money which you could really afford to lose because no one really knows on what would be the future looks like but if you could be able to bare up the risk then go ahead but be sure that you would be that prepared for whatever things that you might encounter ahead.
Savings are similar in both ways but we do know on what their potential if we do speak about earning opportunity.

Holding money and holding bitcoins is essentially an analogy to the act of saving that people's minds want to orient towards. 
Keeping money - create a backup fund for living, emergencies, health, entertainment…
keeping bitcoin - create speculation, a passbook for the future, payments, store of value… Review  In terms of benefits, I think whatever for the purpose?  Bitcoin holding is proactive and future-oriented.

They might have the same concept except will differ in terms of interest and the alike, what do I mean... say you keep your money at home in a safe, this money won't gain any interest on it as it's idle as compared to bitcoin whose value is determined by supply and demand and depending on the time of the year markets could either be bullish or bearish and in a bullish market expect your portfolio value to go up but should you be in the bearish market you might lose some value here. So technically both have their advantages depending on market conditions, in a bearish crypto market.. Keeping money at home is better but in a bullish crypto market you want that crypto to bring some interest to grow your portfolio.

I guess there is no difference between keeping money and keeping bitcoin because each of them share the same goal, that is to save for long term. And both should possess discipline and self-determination so they can achieve their long term goal. However, there is more advantage to save bitcoin than to save in fiat because if you save bitcoin for long term, it’s value increases along with time, while fiat depreciates its value from time to time.

The advantage of bitcoin is its volatility, which means that you can take advantage of it by holding it because there's a high chance that you'll gain profit, though in fiat you can still save it and at the same time earn profit by depositing it in the bank, which most of us don't prefer, so we tend to save it on our own. Still, they are both the same: to save because we need it in the future, but in bitcoin, it is more advantageous than in fiat as we can call it investment, unlike in fiat, where we just call it savings.

I think each orientation is very clear because the purpose of holding Bitcoin is for greater profits in the future and the purpose of saving fiat money is to be better prepared financially when unexpected troubles occur in life. For example, as you mentioned, and I think it is really the right thing to do and there are no significant problems for both of them because they are still in a better scope.

that's true but I have a different view for both, Saving money for something when needed at any time while saving Bitcoin is an investment which of course has a risk of loss or vice versa.
for now holding Bitcoin is very promising with insignificant price movements, in fact lately continuing to have a positive trend is of course very profitable, but we all don't know how and what will happen in the future with Bitcoin.

so I think there is a difference between the two between saving money and saving Bitcoin, even I do or suggest doing both in different portions and capabilities, investing and saving for the future.

Almost the same
Tt is very risky to save bitcoin if one day the price goes down, but you can still get profit if the price goes up.

Keep paper money at home, there is a risk of theft and if you save it in a bank, you can deposit and get some benefits.

But if we compare, maybe it will be more risky to save bitcoin

Yes, they are both similar because we save money to enable us to embrace the opportunity when the price of Bitcoin is low in the market, which is the best time for traders to buy and hold until the price increase higher before they can release them for sale. we save Bitcoin to enable us to make our bright future a reality, because if you can hold your bitcoins like 3 or 4 years show that when the price increase higher in the market,there is a hope of achieving something special from your long term investments. But investing a huge amount of money on Bitcoin is more favourable to humanity than saving the money in the bank because it will be hard for you to make a good income from the bank.

At present most Exchanges apply KYC, if it does not apply KYC then it cannot withdraw, and of course this is an easy step to know other Bitcoin or Altcoin owners, and most coins that have high privacy are now abandoned so it is difficult to compete in the market.

Keeping money is different from keeping bitcoin,money is stable while bitcoin may rise or fall, bitcoin is risky yet profitable if we are lucky holders a big profit is waiting when we are lucky and btc price rise while it is in our hands, it is about how we understand the risk of crypto if we don't want to take risk then holding btc is not advisable by the expert.

Unfortunately I cannot agree. Fiat money is not stable! Inflation increases every year and money loses more and more purchasing power over time.
This is the case all over the world and some countries are particularly badly affected.  :(

Here is a small overview:
https://i.imgur.com/3zzAvvD.png
Source: https://de.wikipedia.org/wiki/Liste_der_L%C3%A4nder_nach_Inflationsrate

Both are different one,when you hold the money.It will be remains same for n number of years.Instead you keep in bank,you may get of interest.But to get more money,the only way is to do crypto currency trading.Because trading make you to earn good money than holding as a fiat.Only thing is you need to find the correct crypto currency to inverse your money.Because holding in good crypto currency will helps to get 10x of invested money.When the pump to the longer period,you can easily earn 50x or 100x of invested money in crypto currency.

For me there is a big difference between saving fiat money and saving bitcoins. In the past I have been more lose with my crypto currencies and used them regularly for purchases, one of the things that I regret deeply. Today I am much stricter and if I need money for a bigger purchase I would always take it out first from my fiat savings account. Another thing is that I can transfer money out of my savings account very quickly, whereas with bitcoins I would have to go to an exchagre. This extra layer makes it better to save in crypto currencies than in fiat money, and its easy to create different wallets for different purposes, at the bank everything is kept in one account. Then there is the issue of paying taxes on my crypto profits. Every time I would sell bitcoins I would have to realise capital gains and pay taxes on it. In my savings account I can use all my money without worrying about taxes. And then there are the opportunity cost for saving in fiat money, right now inflation is around 10% and the interest being paid from the bank is around 1%. So I am losing 9% value from keeping my money in a saving account. Saving in bitcoins instead gives at least the opportunity to make some of that loss back by rising prices. Any savings account has not the same upside potential as bitcoins.

But when compared to bitcoin, money is much more stable, inflation causes money to depreciate in the long term, and in the short time, you won't see much volatility. For bitcoin, in the short term very volatile and risky, it can be said that it is not safe if you want to hold bitcoin in the short time, but in the long time, bitcoin is a better choice than fiat. Both are good, both have different use cases, so it's not necessary to distinguish which one to keep but allocate accordingly.

I think there is a huge difference between the two of them.
For me when you keep your money (Fiat) it is like saving it, but when you keep your Bitcoin (crypto) it is an investment.
Investment and savings are not the same, investment gives you profit or could lessen your capital if it isn't working well.

I'm surprised that you think investment and saving are almost the same.  :o
TBH, I have a very different understanding of them (investment and saving).
Investing in Bitcoin requires sufficient knowledge because it is a high risk. While keeping money in the bank, you don't need any knowledge because I see no risk at all. You only need to understand about how long you will save your money and how much you will pay to the bank monthly. It is very different when you invest in Bitcoin. If you invest in the wrong way, you probably get a loss because its value is volatile and unpredictable. While money (fiats) is quite stable, its value won't change drastically as Bitcoin value.

Probably once you’re an effective saver, be it bitcoin or fiat, you will definitely succeed in it because you have the discipline and determination to save. Because you have set a goal to earn and save now, and make profits later. So if you are good in saving money, then whatever you intend to save, you will really achieve it because you have the right attitude that you have developed even from simple saving of your extra money.

The first thing that is needed is the willingness to save.
Someone who is used to saving can easily combine their savings in any form. Money is one of the easiest media to save, while Bitcoin requires a detailed understanding, from how to buy it to finding a safe wallet to store its assets. The rise of saving in Cryptocurrency because it is considered to provide protection from inflation, Cryptocurrency can reduce the inflation rate of fiat currency which is often excessive.

Behind all that of course, there are risks that must be considered, the first risk that needs to be watched out for is fluctuation. Price fluctuations that can occur at any time cause sizable losses for investors. Cryptocurrency also has a higher risk of fluctuations when compared to other investment instruments.
So before you choose a place to save money, you must consider the risks that might occur.

If we have right knowledge with self discipline in both things either money or bitcoin we will be good in savings money or cryptocurrency because they both have market values. Huge people earn good money after investing on bitcoin, if you are doing anything with self discipline then it will be profitable in the future. Otherwise, you will only keep collecting information and advices but you can't do good in anything weather keeping money or bitcoin. In my opinion   bitcoin is worth for investment instead of keeping money.

Very different if we save it can be a very useful asset in the future different from money whose value is very low because it is influenced by inflation

I will not call call it money I want to say it saving asset or making asset . When we save our money on bank it will have the stable amount and also gives some percentage of interest but on the others hand if we saving our fund on bitcoin then it becomes an asset because in long term strategies bitcoin brings big profits . I will find some similarities and also find some more profit by doing bitcoin saving . But we have to mind it that bitcoin has the High volatilities but at the end and day by day the usage of bitcoin is creasing and the demand is also increasing so it can be confirmed that it price will be also increase.

that is very different from storing bitcoins, you can also say that you can save assets that have the potential to increase and will be very useful in the future, even though their nature is very volatile, different from saving money in a bank or cash. it can be said that it is just silent about our assets because the value of money decreases every year due to inflation, remember the two are very different
what do you think?

When you store money, the only thing you can observe over time is its gradual depreciation. When you store bitcoin, its price may fall - but there is always a chance that the price may rise. Another important difference is that bitcoin currently has interstate liquidity (unlike money). That is, you can exchange bitcoin for any country's money.

There is certainly a similarity between keeping bitcoins and keeping money in the sense that both involve a mindset of long-term saving and investing, rather than short-term speculation or spending. People who are naturally inclined to save money, plan for the future, and resist the temptation of impulsive purchases may be more likely to adopt a similar approach when it comes to holding and investing in cryptocurrency like Bitcoin.

However, there are also some important differences between keeping bitcoins and keeping traditional fiat currency. Bitcoin is a decentralized and volatile asset that is not backed by any government or financial institution, and its value can fluctuate significantly over short periods of time. This means that holding and investing in Bitcoin carries a higher level of risk than traditional savings, which are generally more stable and less volatile.

Additionally, while traditional savings are often insured by government entities like the FDIC, there is no such safety net for cryptocurrency holdings. This means that individuals must take extra precautions to secure their digital wallets and protect their assets from potential theft or fraud.

Money and bitcoin are of course different things, if we are keeping money then the value will continue to decrease due to inflation that continues to occur, but if we are keeping bitcoin then there are 2 opportunities namely loss or profit, if the market continues to improve then we can get profits up to 100% even more in a year, conversely if the market is red then we will lose money.

Keeping money and keeping bitcoins are totally not the same. Money is a traditional currency or what we so called fiat that is issued by a government authority, while Bitcoin is a decentralized digital currency that operates on a peer to peer network. The difference of the tow is that money is physical paper that we can literally hold while Bitcoin only exist in a digital form. Physical money value is stable and it is backed up by the government, while the value of Bitcoin is high volatile and is not supported by the government. The only similarity of bitcoin and money are both they can use to make purchases and store value.

Fit and bitcoin are very different. Let's say that a person is very good at saving because when he has a penny, he will put it in the piggy bank for his future. In bitcoin, you can't do that because you will need a certain amount to buy small bits. Also in saving the return for you is securing your future, or having plans for it, like buying a car or stuff. Unlike bitcoin, which is more of an investment approach, if you gain profit, you'll purchase this one.

Bitcoins and money is not the same because bitcoin is unstable while money is stable, saving money is different from saving bitcoins, but i believe that if you are a good saver of fiat you are also a good holder of crypto coins, because saving fiat also needs patience to make a big savings you need to have a big patience also, almost the same in crypto the longer you hold the more profit you will get if you have patience and you never sell at loss.

Saving money to yourself and saving money in Bitcoin, are two completely different things. For example, the money you keep with yourself or in your piggy bank will stay the same. If you save in Bitcoin then you have the potential to get a good return of Bitcoin on the money you save. However, saving money in bitcoins can make you gain or lose money. Those who are timid, weak and get excited easily when they see money dwindling. Better not to store their money in Bitcoin. However, long-term investment in Bitcoin has a high potential for good returns. For example some families spend half of their income on family and save half for the future. They save that money for a long time. If they keep this money in Bitcoin for a long time, they can be very profitable, and the money invested can even double. Because long-term storage in Bitcoin increases the potential for profit.

Keeping money and bitcoins look the same but there are different things because of different concepts, bitcoin with a decentralized concept has the potential to skyrocket or fall so that the value of bitcoins can change depending on market conditions, while keeping money will have a fixed value but usually will decrease because the value of money every year will be reduced due to the effect of inflation.

Anyone who can save money can actually save whatever they have despite anything but those who hardly save money can not save bitcoin even though they planned to store it for about 2 years or more. The reason most people do not save bitcoin is that they only wanted to make instant gain and take a leave, while some may be one problem and the other.

of course it differs very much, if you save money for a long time then its value will not change and it is very different when choosing to save Bitcoin, because the movement of Bitcoin is very volatile allowing everything to happen in the future, it could be that the price of Bitcoin will decrease and we will experience a loss or vice versa the price of Bitcoin will increase and we will get a profit.
this is definitely different, and I prefer to save Bitcoin than save money.

Those who still wish to keep Bitcoins for two years or more while they have no other savings in their lives or other income in their lives, it will be difficult to do so because they will always exchange Bitcoins for fiat when they get Bitcoins in any way. Because everyone cannot hold back the consumption of basic needs that they must always fulfill, so it will be difficult for them to carry out the storage plan.

Whereas those who have difficulty saving money in their lives are still not necessarily difficult to save Bitcoin because maybe they have to always use their money so as not to sacrifice the Bitcoin they have stored properly in their wallet. So not all of them also those who have difficulty saving money can find it difficult to save Bitcoin, because they remember the unstoppable need so that the money they have will always be used for life's needs.

Some people can fine tune their income and expenses and plan their investments too. I can assume that signature campaign participants can still save 50% of the total bitcoin they earn from the campaign for long-term investment, while the other 50% is for daily needs. But of course it's much better to hold 100% of those bitcoin in the long term if you have enough other sources of income to make ends meet.

Everyone doesn't need to withhold their basic needs just because of an investment plan, that should be it. However, this policy will of course be very different from one user to another because I also agree that some people push their investment plans too hard.

Investments basically don't need to be forced if they don't have a budget.
You can save to invest, but you don't have to starve just to have it. Planning investments is good, but you still need to invest something in your health with sufficient fulfillment.

Money savings or Bitcoin savings are both called savings. Both have the same context. Anyone who can save money can also save bitcoins. The difference here is that those who save fiat money will not grow their money. Moreover, even if there is some increase, it will not be noticeable due to inflation. On the other hand, those who save money in Bitcoin will have the opportunity to earn huge amount of money after a long period of time due to its demand. So I think depositing money in Bitcoin is more suitable than depositing money in any other platform.

First of all I want to say that saving money and saving bitcoins are not the same thing. Two different things.  People save money to keep their money safe and use that money in the future but people buy bitcoins for profit. 

Most people around the world now save money, with a small number of people buying bitcoins. After buying Bitcoin with your own money, when that Bitcoin is left in the wallet, you can gain from that Bitcoin and lose from that Bitcoin, that is, it is a completely risky matter. But there is no such risk in saving money. If you deposit money in your account, that money is safe and there is no possibility of it decreasing even if the amount of money increases, that's why people consider it more safe to deposit money from Bitcoin.

The amount on the account will not change, but inflation will make it so that for the same money, after some time you will be able to buy less than you could do it. Look at the current inflation rate published by the government and you can be sure that real inflation will be even higher.

And bitcoin is able to protect your money from inflation in the long run. Bitcoin will rise in price and it will also bring you profit, and the money that is in the account will not bring you anything, no profit.

It is still not completely true that it protects you from inflation; it is an investment because you earn profit. No one can skip inflation because that is really in our economy. You can just counter it by having extra income like investing in bitcoin, on which you'll earn profit so that you can buy more foods and stuff. That is why other people right now have multiple jobs and side hustles so that they can still afford to buy those things they need.

they are of course different. bitcoin is a digital asset that can fluctuate while fiat can only inflate if it is held. if it is used for everyday money it is better to use it for shopping purposes it is easier while bitcoin is suitable for developing your current assets in trading and making profits taking advantage of coin prices that move very quickly.

Bitcoin isn't just money but also an appreciating asset therefore only those who are good at assets management can keep their Bitcoin for future gains. Mind you people don't see Bitcoin as a currency or money but see it as an asset and that's why they're investing in it. Those would store money might find it easier to keep Bitcoin but not for long.

When the market drops they'll panic and sell their Bitcoin, the money they store doesn't lose value to them but it does due to inflation but they won't notice until they want to use the money but when Bitcoin price falls, they'll see it immediately and sell so they don't lose more.

It may seem to you that bitcoin is not able to protect against inflation, due to high volatility, but if you look at the bitcoin chart, you will see how it grew and this movement significantly outstripped inflation. The issue of bitcoin is limited and with an ever-increasing amount of fiat money, bitcoin will continue to rise in price, these are the elementary laws of the economy. We are still in a bear market and have good growth ahead of us, so now it is definitely worth hold bitcoin and not fiat money.

Saving money and saving bitcoin is not a similar way because in bitcoin a person will always be in thoughts about the ups and downs so sometimes people get afraid of these situations due to wrong concept but in case of saving money there is not such higher risk like that of bitcoin.

Not everyone can control their emotions so instead of lossing money because of your emotions one should avoid keeping their bitcoin and try to find an appropriate way to save money. A person can also save money with themselves but those individuals who don't have need to multiply this amount while putting into some business means that you have to increase this amount by using a Considerable amount of money.

I think people can save their money as well as they can save their bitcoin but the main thing is their controlling ability of that situation which are against you and do not make a sudden decision.

Interesting obrservation about saving money and saving bitcoins. I think both of these actions preserve the value of a person's assets over time. In either case, individuals can choose to hold onto their funds as a way of accumulating wealth or protecting against inflation. Additionally, both money and bitcoins can be used to purchase goods and services, making them valuable assets for individuals to own.

if we break it down deeper there is also an important difference between saving money and holding bitcoins. Money is a physical currency that is widely accepted and regulated by governments, whereas bitcoin is a decentralized digital currency that operates outside of traditional financial institutions. This means that bitcoins are not subject to the same regulation and scrutiny as traditional currencies, which can make them more volatile and riskier to hold.

According to me, it is comparable. It will be much easier for you to hold onto Bitcoin for a long time if you have a healthy saving practice with fiat currency.i have reason of saying this because I have friend that sell off is Bitcoin investment because he was not good in saving fiat currency. I and friend were both introduced to Bitcoin at the same time and were told that it was a good investment and that if we had money, we should invest in Bitcoin that if we are able to hold it for a long time, it might be very beneficial for us in the future. This is why I am saying this because I have a friend who spends money lavishly due to his extravagant lifestyle. He doesn't like saving money for any reason and will just use it anyhow once it comes into his hands.

Later, my friend was able to invest in Bitcoin with me and hold it for a while, but after only a few months, he started selling it off for no discernible reason. Assuming he was a person who was adept at saving fiat money, he might not have sold off his Bitcoin investment.

Nice question about which one better saving money or Bitcoin? one thing between saving money or bitcoin is the same planning for some one want to save their assets or property at the future as their investment needed but have one difference between saving money or bitcoin. Saving money has inflation values at the future but our money keep safety when saving in the bank but when saving money in bitcoin we are trying with investment. Has two possibilities when saving money in Bitcoin because price not stable and potential up and down we got chance for our saving assets increase up one day later.

Seems interested with keeping bitcoin than keeping money or saving in the bank, but depend how people mindset want to be their saving as investment assets or not.

I have never thought about this before but looking at it, I think there will be similarities though it may not be 100%. For anyone who is good at keeping money or things that person must have longsuffering to hold and is determined, so when such a person comes to Bitcoin and made a decision to buy and hold this certain amount for years it won't be difficult for such a person to achieve it.

And that's why it's almost the same, the difference only is that we keep Bitcoin and not fiat. But the goal is the same why we're keeping it and first of it is that Bitcoin is an investment and holding it is a good strategy.

While keeping money and most of us do it on the banks, there's no way that it will grow as much as Bitcoin because it has a stable value and also, it's more affected by the inflation that most countries are experiencing.

But at these situations, if you've got cash to save, save or invest it. Either of the two will work while keeping your Bitcoins as well.

I mean for the record bitcoin is money, just in a different form. So it just makes sense for saving habits to translate into proper holding virtues when one finds themselves investing into bitcoin. For the kost part, the manner is the same. You go to a place of deposit, a bank for fiat and a cold wallet for bitcoin, you deposit your money in there through certain manners, and then you keep them there until such a time when you’ll need it. Although arguably, it’s much better holding bitcoin than saving money, all because of the fact that there’s higher profitability in keeping bitcoins than letting somebody else get rich from using your money to invest in other forms of assets. Might as well give the chance to yourself yeah?

In terms of keeping they are obviously the same, but when it comes to giving value in the future they are different from one another.
Because of saving money, whatever amount you have saved for several years is still the same amount for sure and nothing has changed.

Whereas with Bitcoin, what is the amount you have saved now, after just a few days, weeks, months, or years, the amount will be different which can increase or decrease due to the volatility that Bitcoin has which is the opposite of money which is not.

IMO, holding bitcoins by saving is a different matter. saving is saving money in fiat, over a long period of time, and it continues to add up significantly. while saving money in the form of bitcoin can be called an investment. however, saving money in bitcoin can be categorized as a risky investment, that's because the money you save in bitcoin can increase or decrease. it's just that many people recommend doing both. saving, and investing is a very good thing for the future.

Saving Bitcoin and money is quite different in my opinion, let me explain from my perspective. When saving Bitcoin, your chances of being able to get high profits in the future are very wide open, but the risk that the value of your assets decreases is also quite high. In contrast to saving money, the money you keep in a bank or safe has a fairly stable value, very rarely a currency's value drops significantly, unless the country's economy goes bankrupt, other than that the value of a currency tends to be stable. And for the risk of loss, between money and bitcoin there is a risk, but in my opinion the risk is much higher for money to be lost when you keep it in a bank or safe, the bank could go bankrupt or your safe could be stolen. Storing Bitcoins in a wallet is much safer, if you can store private keys safely, the chances of your Bitcoins being lost are very small, almost impossible. Not to mention when you save money in the bank, they can use your money for their benefit, whereas for Bitcoin you can manage it securely in your wallet. That's the difference.

You are correct on this, to save money and hodl Bitcoin requires discipline and without discipline it will be impossible for one to save or hodl Bitcoin.  When it comes to hodling of bitcoin those who are used to the habit of savings find it easy to hodl without any distraction because that discipline is already there. If one finds it difficult to save money I don't think it will be possible for the same person to hodl Bitcoin because the two things needs some exercise of patience.

It is not certain that people who are good at saving can also take advantage of the advantages that exist in bitcoin, because maybe their awareness is different from seeing both of them. Ordinary people prefer to save money for various reasons and considerations, while people who have business skills and are good at managing finances will choose bitcoin, because so far only bitcoin is an asset that is able to maintain value and is able to provide large profits at certain times.

Obviously it's different when you save money with bitcoin, when you save money in the next 5 years the price will depreciate whereas if you save bitcoin in the next 5 years it will increase in value, so the two are very different and that's why bitcoin is very suitable for investing in the long term.

Bitcoin increases in value overtime, money decreases in value overtime so they are not similar. Btc is more of an asset than a legal tender which is why it can not be similar to money completely. Although they both hold great importance only that one is more valuable than the other. When it comes to making a real life choice among the two, i will rather go with the 20-80 rule  ;D

You should know that the bitcoin price is very volatile if you don't convert all your money to bitcoin investment, don't forget the risk of unpredictable bitcoin price movement patterns so it's better to invest 30% of all the money you have to reduce the risk if the bitcoin price drops significantly , so both are still the best choice but the use of bitcoin is still limited so you have to make bitcoin as a long term investment.

agree with the opinion that the value of bitcoin will continue to increase from time to time, although sometimes it will also experience corrections, but if it is invested in the long term it is certain that those who hold it will get a very large profit compared to other investments.
I also agree that investing in bitcoin is very risky if you are not wise in investing. if you already benefit from the investment, immediately sell it so that the results of the investment can be seen, will continue to return when the price is corrected and buy for further investment. keep doing it according to the development every time of the bitcoin value.

What you said is spot on. Bitcoin? An occasionally turbulent rocket. However, if you can keep your cool and keep holding on to it for the long term, you will have a digital treasure on your hands.

Investment in Bitcoin? Fighting this is like taking on a rabid grizzly. thrilling and maybe fatal. No risk, no reward, so keep that in mind. When your digital wallet begins to jingle with riches, it's time to cash out. Get your hands on those profits and watch your wealth grow.

And that's not all! Punctuality is a fine art. Take advantage of the dip in price that occurs when Bitcoin has a temper tantrum and other cryptocurrencies follow suit. Keep your finger on the investment pulse, keep up with Bitcoin's winding story, and adapt as necessary.

Bitcoin was still a money but the only difference is that it has a limited supply which means it is more immune to inflations so keeping bitcoins is also important as keeping hard money. The reason why need physical money is that not all times bitcoin is accepted and then there are times that internet and electricity is unavailable for us to use a bitcoin.

People who are good at saving money might not perform the same on saving a bitcoin because bitcoin is too unstable and it might scare them when they saw that its value is dropping hard and seems not going to recover anymore. They will still need to learn bitcoin first in order to be good at it.

That's why it would still recommended to not invest all of your money like 70/30 or 60/40 for keeping money and the rest for investment so it wouldn't hurt your funds since you still have bills to pay. But it's true since Bitcoin is much more complicated than saving money with the volatility involved which could risk your funds. So it might take a lot of time for you to perform well in Bitcoin as you still need to study and gather some knowledge about it. Plus if you would need money realquick you couldn't just transact in Bitcoin since there's also issue about the transaction time. So separating savings is recommendable.

Apart from what already has being said about the main differences in keeping money and keeping bitcoins (stability vs rising potential; centralisation vs decentralisation; tracking and transparency vs anonymity) I also would like to add some phycological, if to say so, aspects, which makes those two activities not similar at all. Keeping money, in my opinion, makes you vulnerable to temptation to spend them when you feel such a necessity. More likely you wouldn't search for alternative ways of getting some extra money if you already have some savings. it could be a little bit of pity to get into your savings pocket and pend what you have managed to hold over, but there is a high possibility you would do this in case of emergency, you would consider this as the best option.

On the contrary, when you hold bitcoin, you tend to think at what price you bought them, and what is the price at the moment, are you losing or gaining if you spend them right now. They become more valuable in either cases: is the current price is higher than the buy price, you wouldn't want to lose more potential gains to pay for something right now. If the current price is lower comparing to the buy price, you wouldn't want to realise losses. That is why you would probably look for some other options to solve your immediate issues. Bitcoin ownership makes you more prudent and reasonable and even more creative in solving such problems, because you wouldn't desire to sacrifice you valuable bitcoins in order to spend them for something you can reach in other ways.

Because there are improvements from time to time that makes Bitcoin more suitable as an investment in the long term. Because if the investment is only for the short term, I think it's not much different from a trade that some people also often do in the short term. But if investors who like Bitcoin and invest long term, I don't think those investors will make a focus on selling in the short term nor will they give up arbitrarily at prices they don't like. Because usually investors who have several investments will prefer to keep their assets by not throwing them away at a low value.

Its a question about Centralization vs. Decentralization. Do you want your money to be regulated by central banks and governments. In this case they control its supply, circulation, and monetary policies.

Indeed bitcoin is prioritized to hold in the long term. For the short term I prefer to do it with altcoins, whereas for bitcoin at least until the bull run comes for me to keep holding it, that is at least a short amount of time to hold bitcoin. But most people are impatient in holding for the long term, they will be tempted by profits when they see their portfolio increase, which is natural because that is what we are aiming for. It's not a problem when we are still selling in a profit, but it's not uncommon for many people to panic so they sell when they lose.

Saving Bitcoin and saving money are different things. Because When we consider to store Bitcoin. Bitcoin is a very valuable currency and asset for the future because its price fluctuates. It can get bigger profit if its value goes up in the future.

On the other hand, saving money in fiat currency has tight security so that it makes our money safe. however Inflation can affect the purchasing power of our money over time, there is also the advantage that saving money tends to be more stable and widely acceptable in day-to-day transactions. His decision to keep Bitcoin or fiat currency is largely down to personal preference and knowledge of the bitcoin market and technology. But it would be nice if we have both savings.

You make an interesting observation regarding the correlation between the ability to save money and holding onto Bitcoin or any other form of wealth. Personal financial habits, including saving money, can indeed play a role in an individual's ability to accumulate and hold onto assets like Bitcoin. It's often the case that individuals who practice disciplined saving habits are more likely to hold onto their wealth, regardless of whether it's in the form of traditional fiat money or cryptocurrencies.

It is highly discouraged to keep 100% of your budget in bitcoin for any reason. Bitcoin gradually continued to grow year by year and bitcoin was adopted as a currency due to all the characteristics of money present in it. Bitcoin has the characteristics of money like durability, portability, fungibility, scarcity, divisibility, and recognition as stated on the bitcoin.org site. (https://bitcoin.org/en/faq#why-do-bitcoins-have-value) But however, anyone is not advised to put 100% of their money in bitcoin because of the risks.

As many other users have said, bitcoin has the potential to be a good investment asset that is profitable compared to bank deposits. Fiat is losing value over the years, but it is still needed in this centralized world. Keep both, buy bitcoin and hold it long term investment asset while you also need fiat for day to day transactions.

Keeping money and keeping bitcoins is of course a different matter, keeping money will not make us rich because its value never changes but usually goes down due to inflation, while keeping bitcoins is something that can make us new millionaires, there is a lot of evidence that they are buying bitcoins for $1 or less and have tens of thousands of bitcoins are now the new rich people.

Of course it is very different if we store money and bitcoin, because storing money the risk is not too great in decreasing value will also be difficult to occur because money is a currency that is already stable, while bitcoin we have a lot of risk both in price drops and from hacker attacks that have become a target today because the value of bitcoin can always make surprises for users, If the value can increase then we will definitely get a large profit from the capital we once spent then now smart people prefer Bitcoin to be stored as future savings.

You're correct that saving money and investing in Bitcoin are different approaches with varying levels of risk. Saving money in a traditional bank account is generally considered a low-risk option as it provides stability and the assurance that the value of the money deposited will not decrease over time. The primary objective of saving money is to preserve its value and have it available for future use.

Keeping money and bitcoin are similar in the sense that both involve in storing value for future use. Money is a physical currency that is issued and controlled by governments, whereas bitcoin is a digital currency that is decentralized and not controlled by central authority. This means that while government can print more money, the supply of bitcoin is limited to 21 million. Money is widely accepted as a medium of exchange for goods and services, whereas bitcoin is still relatively new and not as widely accepted. The number of businesses accepting bitcoin is growing and it is increasingly being seen as a legitimate form of payment. The value of money is relatively stable and predictable, whereas the value of bitcoin is highly volatile and can fluctuate rapidly. It only means that while storing money in a bank account may offer relatively low returns but also low risk, investing in bitcoin can offer higher returns but also higher risk.

They are entirely different because one is a stable currency, and the other is a highly speculative asset. So you can hold both, money used for savings and daily living expenses. While bitcoin is a long term investment and a way to grow wealth in the future. But I recommend holding more bitcoins than fiat, as fiat depreciates over time while bitcoin always increases in value over time.

for me crypto lovers storing bitcoin is the main choice because its value will increase if the price of bitcoin reaches a new ATH and we can get greater profits, but if we save money the value never changes like when we first save even though there is interest but only a little, but if saving in the long term I feel a little disadvantaged because the value does not change, This is certainly very different from the value of Bitcoin, but the risk is certainly different and depends on our respective beliefs, so just choose which one we believe in because both are indeed our future assets.

Quite an Old topic, Seems like Op was in his Initial days on the forum when he created this topic and now, He is even working with the mixer campaigns.

So after spending a quite decent time in the market and on the forum now I would like to ask you What you've got about it and please modify your Answer on it. Because I want to know is your Stance on Bitcoin changed or not, More likely if you are marking my Quote there are high chances that now your asked question will bring Laughter to your face. Let me know if I am wrong.

Saving fiat money and storing bitcoins are completely different especially when storing them for a long time or long term. For myself, it's better to save bitcoin from now on and use it as an asset to guard against global economic chaos rather than keeping fiat. Because the price of Bitcoin may increase significantly so that we get profits, this is very different from keeping fiat money. The analysis is like this, What if the government chooses to block all banks due to war or tension? Inflation is real, fiat money will lose value.

If you save Gold, gold is difficult to carry everywhere. So Bitcoin is the perfect way to save money because we can leave the country or migrate and just know how to access our wealth from our usual cloud/wallet.

Yes, that's right, saving money either in the long term or in the short term is very much different, because fiat has a fixed value while Bitcoin fluctuates causing price charts to always change, saving in Bitcoin is one of them you can invest not just saving, and if they are someone who is engaged in cryptocurrencies, of course they will keep it in Bitcoin, although not all, because they also need fiat in their daily life for the economy and maybe their family.

When viewed from a Volatility and Risk perspective, BTC is known for its high volatility. The value of bitcoins can fluctuate significantly in a short period of time, which poses a higher level of risk than holding a stable fiat currency and in terms of Accessibility and Acceptability of bitcoins is still limited when compared to fiat meaning not all businesses or individuals accept bitcoins as a form of payment whereas Cash Fiat is widely accepted, easily accessible through traditional banking systems, and can be used for a variety of purposes.

In Saving, For fiat money involves traditional financial institutions For example Banks, while depositing bitcoins requires knowledge of blockchain technology, digital wallets and methods of secure storage which means the skills and strategies for managing traditional finances may not directly translate into the complexities of managing cryptocurrencies.

The objective of saving itself differ between people. The main purpose for which savings is preferred is to be financial strong during emergencies, to overcome unexpected job loss or to meet unexpected needs, have debt free life, enjoy retirement.

When one saves in terms of fiat and when one save in terms of bitcoin, both way of savings is for the betterment of life. With this in mind it is always good to prioritise savings and further get into investment with fiat/cryptocurrency depending on the user. When we hold bitcoin the volatility will give the added advantage and better profit whereas savings will give mere interest. With bitcoin there is risk, but long term focus will always successful. With savings at times the user gets notified with bankruptcy. >:(

Very different meaning keeping money or keeping bitcoin,  value of money remain almost same but bitcoin  prices are increasing with each passing day so if you want to keep anything for purpose of savings keep bitcoin.

Keeping money and keeping Bitcoins are not similar because if you keep BTC it might appreciate or diminish in price and this is an investment but keeping money is just like keeping it in your home just like that, the only benefit of keeping money is that you can access it at anytime you want it and it won't go down without you spending it on something or tampering it.

They are similar in the sense that the person is saving money for future use.  The only difference is the degree of fluctuation of the savings.  We all know that fiat money tends to be stable while depreciating as time pass by while Bitcoin is highly volatile so we don't know whether we are in gain if we decided to convert it in the future.  One that assures us of Bitcoin gaining value is its historical record where every 4-year cycle, it tends to break it all-time high which can lead the holders to gain huge profits especially when he bought the Bitcoin during bear market or at its dip.

very different. money can be inflation, not with bitcoin, money is easier to use in life. not with money . both have their advantages and disadvantages. we can only be truly fair to both of them, use bitcoin as the development of our assets as a means of investment and use money for shopping purposes with cash. it would be wise, because the two complement each other, bitcoin exists for people who want financial freedom, but we also need paper money because regulations are clearer.

success in saving in the long term consistently is success in managing the income he gets. when they save the money they get consistently, it means they are successful in managing their expenses and saving some of their income. meaning, if he starts investing in crypto, the chances of them succeeding are also very high. that's because they only need to put in a few more percent of their salary to invest in crypto. for example, if so far he has managed to manage his income, such as 30% for saving, and the rest for personal needs, then 30% of the savings can be used as 20% for savings and 10% for investment, or it could be higher. I think it's pretty much the same as saving, so people who are successful at saving can also be successful at investing in crypto in the long term.

People who are good at saving certainly have targets for the future, they will not touch their savings for unnecessary needs. People who are good at saving money will also be good at saving Bitcoin, both have the same purpose even though they are stored in different forms of assets.
Bitcoin is starting to get a lot of attention from investors because it is considered digital gold. Saving using Bitcoin is more profitable than fiat money, Bitcoin which continues to increase makes the value of your money increase more than what you budgeted for when saving. Its limited supply allows its value to increase in the long term, unlike fiat money, which has a fixed value.

Well I think its a big difference for keeping fiat money and then keeping bitcoin. Fiat money is just like having a stable coin like USDT, USDC, or DJED. It is safe to store these stable coins with not having a risk of losing values.
But I need to think every day if my bitcoin will lose value. Always on my mind how my portfolio is going to be effected just with some news about crypto. Like the SEC can news shows how a announcement will take away months and years of profits away from hodling.

It depends on what period you are talking about, because in a bull market it is worth accumulating fiat, not bitcoin, and in a bear market, the accumulated fiat funds are worth investing in bitcoin.

It will be possible to achieve results only if you have a strategy and an understanding of how the market works. If we just hold fiat, then inflation will eat it up, if we just hold bitcoin without taking profits in a bull market, then we will also miss a good opportunity to increase the number of our bitcoins, but even without this investment in bitcoin shows very good growth in the long run.

Money and Bitcoin of course 2 different things, as a comparison, for example we save $ 1 million in money and $ 1 million in the form of bitcoin, then in 24 hours there will be differences, the value of bitcoin is very fluctuating, within 24 hours can go up or down to 10%, and This is certainly a consideration for us for Bitcoin investment.

Saving money and saving bitcoin, in my opinion, have differences, but on the other hand they have similarities too, because both of them also act as a medium of exchange. But what distinguishes it from a system that applies to both of these things. Just like bitcoin is a crypto currency, which can be used as an investment asset and also as a medium of exchange or transaction tool. While money is also an object that can be used as a medium of exchange as well. So in my opinion, if you save money or save bitcoin, in essence, there are similarities, because both are also valuable as a medium of exchange.

But if you save bitcoin, it is very likely that in the future the price will get higher and will continue to increase, if bitcoin market conditions continue to increase and money will most likely continue to be consumed by inflation, if the world economy does not improve. Maybe this is the absolute difference. Because if in terms of saving money it is saving, whereas if saving bitcoin is usually referred to as an investment. And both of these terms, all lead to the same use, namely for finance in the future.

These are definitely not similar. Pretty sure many people explained with scientific terms but I will go simple: When you save a money you are affected by price increases because money's value is lost every minute you wait. On the other hand Bitcoin is very different. Its power can be increased and decreased. Its always one way - down - with fiat money. But with Bitcoin you have better opportunity save your wealth. If you buy bitcoin at near perfect low prices you will keep making money and you will be able to buy many things you buy VS. saving fiat money will never give you this opportunity.

Keeping money and bitcoin are 2 different things, although they are different but we should do both, as we know that we need money in life, and almost all transactions in our life need money, while bitcoin is an asset that can function like money and if we hold it long term can get big profit.

If it is about saving, they are both the same as you keeping it for your purpose, but if we talk about the value, that is different. As fiat depreciates over time, you'll say your $100 is not worth $95 next year due to inflation, but in bitcoin, it fluctuates also, but it doesn't mean that it will go high as it depends on the price, which there are instances that it will go up, then you'll gain profit, and also you'll lose if it goes in the opposite direction.

What you say is true when it comes to the benefits of bitcoin, and it does not exist on fiat. But we should also not overlook a few more downsides to holding bitcoin, such as its volatility, which can cost us money without a plan or knowledge of it. Moreover, the future of bitcoin is still uncertain, it can be very profitable but can also make us homeless if we put all our money into bitcoin. Fiat loses value over time, but not faster than bitcoin (if it crashes). Both have risks, and that's what they both have in common.

There are distinct differences between saving money and holding Bitcoins, and they are not similar at all. Such as traditional  fiat currency is subject to depreciation overtime, whereas Bitcoin is inherently deflationary due to its limited supply. That's why it is commonly considered as hedge against fiat currencies. However, It is worth mentioning here, that holding Bitcoin requires patience as is very volatile and unpredictable asset. Nonetheless, holding Bitcoin for long term can potentially yield substantial returns.

If you don't really feel secure about this investment, then you should spend a little money to give it a try. While it is true that doing nothing can mean missing out on potential growth opportunities, these risks are not necessarily bad, as greater risks often come with greater returns. So understanding market dynamics and having a clear investment strategy will help us have a more intuitive view. This further reduces the risk ratio. In short, while taking calculated risks can be beneficial, remember that we can still reduce the odds with the plans you already have in place.

Exactly, you could start by a small amount for the experience so you could understand what people are trying to say. Investing in a volatile nature Bitcoin of course there's a risk involved, but if you could understand that you can take advantage with those volatility then you might earn a lot than saving. Just gather more experience and study some knowledge about it such as strategies and techniques it could lessen the risk as you know what you're doing with your assets. Do it on your own phase since people if they see other people putting such a huge amount they might do it as well which is not a good idea. Invest the money you afford to lose always.

I think there is a similarity between both because both are methods of saving methods. Just to compare both options, they have their own differences. For example, saving fiat money will be considered as waiting in cash in today's conditions so it allows to invest in possible opportunities. However, with the depreciation of money in the face of inflation our savings unfortunately lose their purchasing power in this period. Saving Bitcoin causes losses on the basis of fiat currency in case of a possible loss of value on the Bitcoin side due to volatility but this is entirely due to investment risk. This situation, similarly, leads to an increase in savings on the basis of fiat currency in case the market is caught in a positive environment.

In short, both methods are saving methods and have similar features in this respect but both methods have their own advantages and disadvantages. This means that savings and investment should be controlled by risk management.

people need to understand the risk they are getting involved with if they decide to explore the crypto market. not all people are lucky to find their way to earn money from this very volatile market. if you are a beginner, don't rush on things, be patient and use small funds to learn the ropes.
if you are not certain with your financial decisions, there's no harm in keeping your money in fiat. at least, you know that no matter what, your money won't disappear from you.

When it comes to investment versus savings, they are indeed different. But what if a person holds Bitcoin for the purpose of daily transactional needs? They store their money in the form of Bitcoin, but that doesn't classify as an investment. Because in due time, their BTC balance will be exchanged for the goods they desire.

Remember that Bitcoin can also experience significant price fluctuations. This does not guarantee that every accumulation of savings they make will grow into a multiplying asset. It cannot be assured.

Storing BTC with speculative intent is a decision with high risks. One must be aware of their purpose for holding money in the form of BTC.

Simply it doesnt really have that assurance and this is why on the time that you do have choice in between things then you should really be considerate about the risks involved on putting up investment on crypto even if we do speak about Bitcoin. There's no assurance into it but somewhat it does really have that potential which we arent that blind on how far it did able to reach out after a decade. So its up into your own choice whether you would really be pushing such decision on focusing on Bitcoin investment when it comes to savings or would really be still loyal to fiat. Its your money then its your choice to make but we arent that dumb
on not to see about their main differences about its value and some potential devaluation or inflation specially with fiat.

Saving money is similar to saving bitcoin. Both savings are priorities for the future, but one(bitcoin) has greater volatility that, if saved and protected from hackers, may make you a fortune than the other(fiat).

Anyone who can save will undoubtedly be able to save bitcoin, but that doesn't imply that all individuals who spend their fiat money extravagantly can't also hold onto their bitcoin for a long time. It all comes down to choices and being ready for the future. I've seen someone who lives a lavish lifestyle but will never touch his bitcoin funds, no matter what because his whole target and vision is to save bitcoin for the future. He's been holding onto his Bitcoin savings and accumulating more for at least a year.

Savings is same, the volatility makes bitcoin savings differ from the fiat savings. Different people have difference of opinion which is the best way of savings. For now limited people were aware of bitcoin and this makes majority of people terming fiat savings as the best way to save money.

There is advantage with bitcoin savings against fiat savings and things have been made easier with the existence of more choices available for buying cryptocurrencies. When we save in fiat we easily take and use it whereas with bitcoin the direct acceptance is limited, atleast for that reason people will try to hold and save more than cashing out to spend.

But the thing is when you just save money it will not grow, sometimes we just need to take a risk but before that we should learn that market is very volatile and it will be very hard to control our assets. But for me it is better to invest in crypto rather than keeping it or staying it in banks because I do not trust banks here.

They are similar in the sense that they are both currency, but there is a huge difference in the volatility of them. Most major currencies like the dollar, pound sterling, euro, etc. will move fairly slowly and may stay roughly the same value across a long time period in comparison with other currencies. However cryptocurrency like Bitcoin have changed by vast amounts in fairly short periods of time, so if you went to bed it was possible to wake up being worth 20% more and then by the end of the day you might be worth 10% less on some of the most extreme swings. So yes, you must definitely be aware that volatility makes a huge difference and detracts from it's usefulness as a currency in some respects.

Keeping money and keeping fiat money is not the same. The main difference is Bitcoin is far more volatile than Fiat money. If you can hold your Bitcoin for a long time, there is a chance you can gain massive profit in the long run. Also, if you sell it at a lower price than your buying price, you may lose some money as well. However, even fiat money can decrease in value when inflation hits your country. So, nothing is safest actually. If you have a decent amount of money, you can keep a potion of it in Bitcoin and keep some fiat as well.

This is a novel viewpoint. Contrasting Bitcoin with fiat savings, it's akin to likening a wild horse to a sturdy oxen, right? But let's discard traditional wisdom for a bit. Your pal hoarding Bitcoin with such resolve, it's a unique strategy. He's either a monetary prophet or a thrill-chaser with a crypto wallet.

To those attracted to digital currencies, his plan is brave and intriguing. Fiat savings, they're secure. Bitcoin, though, is the thrill-seeker's cash. Its value swings like a metronome, yet the prospect of immense growth is tantalizing. So, cheers to the audacity of crypto-fans. They're the pioneers of this digital frontier. What will the future bring? We trust in Bitcoin.

Even though it looks the same but we have to understand that saving money in bitcoin is a risky thing, many people are too excited to invest in bitcoin so they sell anything to buy bitcoin, when they face a red market they immediately panic and sell bitcoin at a loss, of course we must always wise when you want to invest bitcoin.

Both are risky because they depreciate in value in fiat because of inflation. You may save right now, but the value in the near future will be less even though the value is the same because stuff becomes more expensive, unlike Bitcoin, which we clearly know will go green or red over time. Though the process of saving both is very different because one is tangible and the other is digital,

If you have money to keep then don't ever made the mistake of having it in fiat currency, try as much as possible to invest in bitcoin for so many reasons that will be of an advantage to you than when having them in banks currencies, bitcoin is an asset and also not only do you have it as an asset but as an investment that is profitable, it will also give you the control you need over it, you will be decentralized and free from government regulations, there's privacy and security as well and you don't have to fear about tomorrow uncertainties.

Keeping money and keeping Bitcoin both are very positive think. Saving mentality always good i think. But i know there are many different keeping mony and bitcoin. Money is physical but bitcoin is virtual so both are different. Money regulated by thats countries government and control by government or central bank on the other hand Bitcoin han no regulatory authority. Bitcoin is decentralised anyone cannot control bitcoin. Bitcoin's transaction are very easy, anyone can sent any where in the world with low fees.But money transaction is not too easy and it’s cost high from Bitcoin. So overall considering i will tell there has many different ot many and bitcoin. Some similarities has Betweem money and Bitcoin.

It is risky because it is an investment and all investments has got their level of risk and for Bitcoin, it's highly volatile so the risk is too high.

That's a wrong thing if they're selling everything to buy bitcoin. It's fine if they know what they're doing but not understanding what they do is a mistake.

I've seen people did that without understanding bitcoin and when the bear has come, they're all panicking.

You must have financial management to determine the amount of funds for investment and savings, because these are two different things and for different purposes, if you feel confident to invest in bitcoin then increase the funds for investment and leave some funds for saving money in the bank, it is important that do not convert savings for bitcoin investment. The best option if the money savings are also divided into gold investments.

Price uncertainty is part of the risk, so it must be considered wisely to handle bitcoin investments, unless they have used funds for long-term investments by determining funds according to the allocation of financial management, so bitcoin is certainly better than fiat money savings, but because the use of crypto is not full legal from the regulations of each country, so we still need fiat money for daily needs, secondary needs and emergency needs.

That is fiat which will only be affected by inflation if it is stored for too long while the need for an increase in price is what we are experiencing at this time, just use fiat as a tool for our daily shopping or other needs, don't just save on fiat, it is not good.
I said it will be different from keeping bitcoin even though it is between bullish and bear but one day the price will rise even though there is high volatility still bitcoin will increase over a long time, not that I despise fiat but saving fiat will not have any benefit in the future only inflation.

Keeping money and bitcoin is of course a different thing, as we know that the best investment trend right now is cryptocurrencies and of course bitcoin is the first choice for most people, but we must always be vigilant when keeping bitcoin because the opportunity for price drops can happen at any time.

Like why not??Fait is physical money while cryptocurrency is digital money.Fait and crypto are majorly related,to us that fully understand the crypto forum properly,or the informations and choices pertaining to cryptocurrencies and traditional banking.;Expect you're uneducated.So why would any person that knows the lifetime benefits of saving money not want to save money or even save his or her bitcoin,that's completely outrageous.

So long as you know the outcome/benefits of saving money,at the mention of bitcoin you wouldn't want to hesitate or even miss your chances.Although,they both have their financial disadvantages,and we all know that these choices are not for the faint hearted set of  person's.Crypto savings accounts can yield higher returns, but are also subject to market volatility and risk,traditional savings offers stability and covers emergencies,So, yes it is a very good practice to invest wisely and largely and have little amount in your savings account.

Both money and bitcoin have price inflections, but when money is infected, it recovers much less.  However, when the price of Bitcoin falls, it recovers again and rises much higher than the previous price. so I don't think fiat money and bitcoin are the same thing.  Money is money but Bitcoin is a valuable and powerful asset. So no one can consider these two as one.  And I don't think anyone who does has full knowledge of Bitcoin. yes Bitcoin is a form of money but it is very strong

Amm, I would like to say these both are different from each other let's say you have $1k in your bank account and after 5 years your money will gain no value it will same from the first day you started your savings. So, the best is that if you want to do savings hold them in the form of assets like Bitcoin, Real estate, or gold these assets gain their value over the passage of time.

Besides this when we talk about Bitcoin let's say you have $1k in Bitcoin and you have bought it at very low price and with the passage of time your money will increase and you may see 2x, 3x... in your portfolio so investing in assets worth more rather saving money in fiat. Bitcoin is a volatile currency your amount can be reduce or can be increase so buy accordingly after some research or if the market condition is good and you see profit in the market you can invest in Bitcoin. it will be best/recommended part if you do your own research before taking any action. Many Thanks

.True! Even though saving up money is important, it is also most important to invest or have an investment, because saving up money in a bank is just letting your money sit for nothing. I mean, you could get interest, but it's too small, so you are letting your money die out and not grow. I understand that saving up money is preparation for the future, but don't let that mean you will be only content with saving money; have some investments and make your money grow in the most efficient way possible, especially in this world where the inflation rate is also rising, so you need to keep up.

So holding bitcoin is the most practical way of saving money and at the same time earning, yes theres a risk but what is risk if you will have a good profit of you do it right, dont be contented to what you have now be more a little ambitious in order to become successful in life.

People who are skilled at saving money might also be adept at holding onto Bitcoin due to their high tolerance for resisting panic selling, fostered by their habit of saving and the historical tendency of Bitcoin's price to rise. However, I'm less confident about other cryptocurrencies, which exhibit high volatility. Owning them requires a strong risk tolerance, as their value could plummet even overnight, especially with altcoins.

Those who can save money will of course also be able to save Bitcoin in the long term and they will not give up their Bitcoin when it experiences a decline because they believe that the price of Bitcoin can return to high levels. If we don't understand altcoins well then it would be better for us not to collect them. there are a number of altcoins that we don't believe in because this could wipe out the money we have if we choose the type of altcoin that could lose its price at any time and not be able to come back as if it were getting better.

When you talk about money, Bitcoin has exhibited the characters of money and that makes it money, but I expect you to go further to elaborate this base on fiat money and Bitcoin, but the difference is that Bitcoin is deflationary whereas fiat currency is inflationary; therefore it means that while you keep fiat currency overtime, it loses its value, meaning that the purchasing power of the money you save today in bank, take you for instance $1000 won't buy exactly what it should buy as of today in the next 1 year, whereas Bitcoin increases in value overtime, you could see this by comparing what the price of Bitcoin were as of 2009 when it was lunch to its current price today of $60k.

The bottomline is that even people that are not good at keeping or saving money will even learn to save money with Bitcoin knowing that it will increase in value overtime.

Keeping money and keeping bitcoins are not the same from my point of view. Because when we store money the value doesn't change but when we store bitcoins the value changes very fast and multifold. So if we review everything including time environment and past statistics and save Bitcoin then from here we will get many times profit which is not possible by saving money. Again, there are many people who don't like to take risks, so saving money will be preferred but there are people like me who like to take risks, they will definitely prefer to save Bitcoin. We know one can never succeed in life without taking risks so let us take risks keep BTC and put ourselves on the pinnacle of success.

They are two different things. Lets take for example those that normally save money, if they are introduced to Bitcoin holding they might be good in HODling but where the problem comes is volatility. Holding fiat vs holding bitcoin are two different things. HODling bitcoin to some people is a risk expecially when the price has DIP they will feel uncomfortable because they are afraid of losing the value of there money in bitcoin. And may never hold anybody responsible. But they feel safe and secure when they are Holding fiat because even if fiat losst it value, they can still withdraw the fiat at any given time. But some body who knows the important of bitcoin HODLing who was good at saving Fiat may utilise the opportunity than others who don't know how to save or HODL.

Both saving and hodling are alike. One is not discipline in saving money will find it difficult to hodl money,  both savings and hodling needs patience,  good decisions needs to be make. In savings and hodling money is involved and which the same habit is require to achieve good result from the both, just that in hodling one needs to plan well and to be sure of going into it. In saving you can easily break your decisions at anytime to start up a project with your savings but in hodling it is just difficult to sell out at anytime, when making decisions to sell out one must be sure if that is the best time, and if profit is being gained in hodling.

If you lack discipline it will be hard to keep  money and bitcoin because they are both currency and they both need the same characters to make it possible keeping money and bitcoin.

Saving money and Bitcoin does have similarities and it's an advantage for someon who value saving whatever they have because the discipline in it will help the consistency and attitude most especially if someone will take part in a volatile investment such as Bitcoin.  As we all know that saving needs more patience depending on how long are we trying to hodl.

What is certain is that the goal of both is to achieve financial freedom in the future. However, personally, the two are different, although there are still people who equate the two. But in reality, the two are different things.

Saving is the most commonly used way to manage finances. However, while saving is important for building emergency funds and achieving short-term goals, saving alone may not be enough to achieve long-term financial goals.

On the other hand, saving btc or investing in btc can provide greater potential profits than saving, but also has higher risks. By saving, the amount of money will not increase and its value will change. However, investment in bitcoin is a fixed amount but the value will increase every time the price rises.

Storing BTC in one's own wallet tends to be similar to storing money, and to a large extent, storing BTC is much stronger than storing money. The amount of money you save will be the same amount later, and the amount of BTC you save later will have the same amount of BTC. There will be no more or less in the amount of BTC and money. More or less is based on value. That is, as much BTC as you keep today, you will get as much BTC in the future, but the value of BTC is more or less constant. Money goes up and down in value but BTC goes up and down in value at a multiple rate. However, there is a security issue between these two storages, that is, if you save physical money in a bank, it is unlikely to be hacked, but if you keep it in a wallet, the possibility of being hacked is much higher. However storing BTC is much more convenient and profitable than storing physical money.

In storage, for me, there are two different things, Bitcoin and money, if we look at the value, they are certainly different, the value of money does not increase while the value of Bitcoin can increase, depending on the development situation of the crypto market or the price of Bitcoin.

So if we save money we don't make a profit because the value doesn't increase and if we save Bitcoin there is a big possibility that we can make a profit, Likewise, if we store Bitcoin, its value can decrease when the price of Bitcoin falls. The point is: the two have differences in terms of storage and final value.

There is nothing wrong with taking risks and everyone should do it, but one needs to make sure that they are taking calculated risks and aren't risking all their money and life-savings and then regretting their decisions when they have lost their money because you don't get anything back once that happens. So when you are taking risks with your life, make sure that it isn't a risk that can create problems for you.
In my opinion, a person should be versatile with these things and they should diversify their savings. There should be some savings kept in fiat, and then some of it should be used for investments and stuff so that if there are emergencies and stuff, money saved in fiat can be used.

Fiat and bitcoin are almost the same but they have few differences, Bitcoin is a digital asset while fiat is just for the process of exchange of services rendered or process of purchasing good and services, fiat does not act as an asset, but bitcoin act as an asset and money, the only disparity is that bitcoin is not a physical money in handy nature unless is been converted to fiat if the need arises, fiat is very inflationary but Bitcoin is not because it anonymity and safe custodian nature, no personal entity has a final decision to make in bitcoin, but general Bitcoin was created to solve more money problem and I really sense, bitcoin is more than money because it's characteristics has surpass money functions.

That's what I've been doing all this time, I save in the form of fiat money and I invest in bitcoin. The reason is that we don't know what kind of emergency will come to us later, so it must be an anticipation for us to prepare everything. When we only invest, it becomes a risk when an emergency comes, we are lucky when we have made a profit from Bitcoin, so when the emergency comes, maybe we will immediately sell it without thinking, but when we haven't made a profit or we are experiencing a loss, of course that's the case. a tough thing because we couldn't possibly sell it at that time.
Everything must be prepared well, it will make things easier for us in the future.

There is a similarity between the two. You keep or save money because you're patient and the same goes for holding Bitcoin, you are patient when you're holding. The principle of saving is being upgraded into holding bitcoin but nowadays, when you save money in the banks, you're just decreasing your purchasing power because of the inflation that no one is able to skip it. What matters now is how you grow your money and do everything in your capacity to hedge against inflation.

in my opinion it is a different thing to save money, we know the nominal amount of money that we save, even though the money is subject to inflation every year, but the nominal value, we know, is different from bitcoin, if we save bitcoin, the price of bitcoin will go up and down depending on whether people are ready or not for this. people down 5% instead sell bitcoin, their mentality is not ready to save, you have to be really consistent and have a different mindset, that's why someone says if you can't hold on to coins you won't be rich

From my point of view I would say holding money and holding bitcoins can never be the same. Those who work in bitcoins who are involved in bitcoins must always have the highest bitcoins because they know about bitcoins and know about the return of their money in bitcoins. But to a person who doesn't know about bitcoin, bitcoin has no value, money is everything to him. If I give an example from my side, I will say when I didn't know about bitcoin, money was all I had. When I came to know about bitcoin, I corrected myself a lot and thought of doing everything in bitcoin now. I always think that if all my money  I would have been more successful today if I had kept the bitcoins.

With just your own common sense then you would really be able to tell on whats worth to hold on for long term and whats not.
Fiat or stablecoins? There's no point on holding them not unless if you do decide on making some investment to earn more income or profits then this is something a smart move to be done
but if you are someone whose really that making out such stagnant or sitting idle then we would be always having that best choice on which it is something that volatile.
The only thing that you would really be needing to handle up is on the risks involved, if you cant be able to bare up with the risks then it would be
your own choice whether you would be skipping out or would be diving in.  8)

This is right but let's not forget without money no one can invest or save, I have never seen anyone who lack money talk about saving or holding bitcoin in essence I can save when I have the money to save but when there's no money people will focus on spending only. Having the habit of saving money and the finance should work together cause without both no one can hold bitcoin, people who intend to hold bitcoin without patient will decide to sell early. I can agree with the topic but let's be realistic, due to the volatile nature of bitcoin most people will love to sell because of fear but people like this lack zero knowledge about bitcoin so let's just say saving fiat is easy compared to bitcoin.

I don’t see any difference between the two, and I am sure if you can save money, then you will also be able to hold bitcoin. Saving requires discipline,  if you can discipline yourself, then you will be able to save or hold your bitcoin. Just set a target for yourself, and you will do everything possible to achieve your target. So people do set a target for themselves that they want to save a particular amount of money in their account before month end, and if they haven’t achieved that, they will make sure they cut down the way they spend, people like that will be able to hold their bitcoin.

You don’t really understand what the OP is saying. The OP is not talking about the one that’s more advisable to hold or the one that is going to offer a high return, what the OP is asking is that if a person who can save money in fiat currency can hold bitcoin also. That’s just the simple question the OP asked.

Keeping or saving fiat as the case may be can't be measured with hodling Bitcoin because despite the fact that the money saved in the bank also adds interest at different intervals but that of Bitcoin is more guaranteed because you can have access to it at any given time but the fiat you are saving possibly in the bank may not always be at your disposal especially if you project or fix a time you can get access to it of which even when you want to liquidate it there would still be some fee that is attached to it and Bitcoin appreciates from time to time whereas fiat is just fixed and can't add in value except if you want to exchange it with other currency

Well, you have a point, that's why it's easy for others to invest in bitcoin because their savings are already secured, but if we look at it, it's better to invest money in crypto than to just store it in the bank, so I can't say that they are the same because the value of bitcoin is greater or increases more compared to the fiat value.it's also better that we have savings before we invest because if we need money, we can take it out immediately because when it comes to investment, this is for long term

One difference between keeping money (in bank in my case) and keeping bitcoin that I have noticed lately, is that when you keep bitcoin, nobody knows about, nor cares about besides you, nobody wants to earn on the fact that you keep it. Banks instead, send me proposals by email, in bank client and by phone call, offering different kind of investments or how to make my money work. Cant say that this is annoying, but they have plans to use my money and make me share profit with them (while all risks are on me), while nobody cares that I hold bitcoin.

Saving your money in Bitcoin will make you never to experience poverty from your life, which I have experienced such thing like this from my working place some years ago, when I was saving my salary in Bitcoin investment until the bullish season appear before i released the Bitcoin for sale and it increase my wealth higher. Saving money in Bitcoin is different from keeping money, when you are investing the money in cryptocurrency show that you are saving the money in decentralized currency but when you are keeping the money in the bank or at home, it will not bring income to you like what you will achieve when you save the money in cryptocurrency. I think, you can feel what is happening in the bullish season right now that is making investors to save some income they made from this bullish season against the next bearish season that is coming soon.

I don’t think so. Yes, it might be similar in a sense that you will not be doing anything to your money but the difference is that keeping fiat money you are not increasing the amount of money that you hold. While in bitcoin, the longer you hold the more its value increases. There might be a chance that since the value or the amount of bitcoin goes up, someone might not be able to resist the temptation of taking the money and spending it all even if they were good at saving fiat money.

Bitcoin is money but on a digital format also the fiat is also money on a printed format.
So it is literally the same that who can hold onto the fiat currencies can also hold bitcoin cryptocurrencies as much too. The only differences is the economical challenges where the bitcoins encounters fluctuating values which also inflation and deflations can also determine the value of the Fiat but though the fiats figures remains the same while the value is either subtracted or added. And the advantageous aspirations that holding bitcoin for a savings than holding the fiat is that bitcoin despite the volatility of bitcoin, it has the potentials of increasing in figures and also in value which is a source of investment that can multiply your savings over period of time.

Im totally not dissing bitcoin and crypto; it can be an adventurous investment if that's your style.  But parking all your cash in an unpredictable digital asset might not be the savviest financial move if you're trying to climb out of poverty.  It's not exactly a surefire path to boundless wealth.  Consider squirreling some money away in a savings account too (I know, I'm a total killjoy) but gotta balance out the risk with some boring stability.

This will varies base on who is the person saving the money be sure lot of them are able to save base on how they see the amount they kept in the bank or their piggy bank remain the same or little profit added to it by the bank but when it comes to crypto currency most of them don’t have that patient and they are always afraid of losing it all to the system.

Especially when they invest like 100$ to 500$ in bitcoin and they have the equivalent amount in bitcoin as of that time sent to their wallet, as time goes on bitcoin price might start dropping down the figure they have in bitcoin won’t drop but the price will reduce which many people who’d don’t understand the market might end up selling off in other for them to lose everything to the market, if you can’t control your fear you can’t save anything in a highly volatile asset.

Consider it as physical and intangible, both is in demand, both are useable. One needed to purchase something, one is needed for us to trade to make money. So somehow they have similarities.

I think someone who is strong with money management will also be good at holding onto Bitcoin for an extended amount of time. Therefore, I failed to find any similarities between someone who can save money and someone who can keep Bitcoin. When it comes to their Bitcoin, people who are the kind to lavish money whenever it comes their way will exhibit the same behavior.so if someone is type that  are good in saving  money can also hold Bitcoin for good periods of time.

Investing our money in assets that have the potential to increase in value over time is a wise decision compared to merely saving it in places where it won't generate any profit or, worse, might lose value due to factors like inflation. By allocating our funds into avenues such as stocks, real estate, or mutual funds, we position ourselves to potentially grow our wealth as these assets appreciate in value.This approach allows us to combat the erosion of purchasing power caused by inflation, ensuring that our money retains its worth and even grows over time. Therefore, prioritizing investments over stagnant savings can pave the way for long-term financial security and prosperity.
 

Yes... One is clearly visible in physical form [money] but the other is not physically visible [bitcoin], but the use will be the same if you want to use it, but the storage is clearly safer in money, because it can be put, in the bank and there is support from the central bank If the bank goes bankrupt it can still be paid, not with a wallet to store Bitcoin. If you are careless, then it will be lost without a file and there will be no responsibility for this negligence. But as long as you use it with the right protection, you can be sure that your wallet will be safe and won't be lost easily, because the protection is reliable enough, it just depends on you.

When these people are very good at saving money, it can be said that the person has good management of their finances. that's because he managed to meet all his needs while saving the money he had.

When they enter the crypto world, I am very confident that they can do the same management. Moreover, if they see this as an investment, they may do well. Apart from that, the people who have survived so far hold the bitcoins they have had for years, I am sure that they are very good at financial management. That's because they keep the bitcoins they have for years or even more, while meeting their needs during this time.

Similar but not the same, if I want both but I aim for one, namely Invest in BTC, save money and savety if the bloody decline comes again without having to cut loss. Certain profits and losses can still occur in the crypto market, even the current price which is close to the all-time high price can change instantly if a big dump occurs, but when the hype and good news comes everything will fly high again.

It's a terrible idea and it's not an investment, IMO. If someone puts all of their savings into bitcoin, they are just trying to gamble in the hope of changing their life quickly.

You're right, bitcoin is a potential investment but that doesn't mean it's risk-free. Savings may not earn interest over time and lose value over time but at least we can use them anytime when needed. As for investing in bitcoin, what happens if our investment loses 50%?

I don't understand why people like to put all their money into highly volatile investments like bitcoin and think it's good, while they always say they don't see bitcoin as a get-rich-quick tool.

even though they both mean "keeping", the two things are different. keeping bitcoin means that you invest your money in an asset that is quite volatile and at any time the price can drop or increase. and when the market is bearish or bullish, holders may feel like selling to protect their money or want to make a profit.

meanwhile, keeping money means that someone keeps their money either in a bank or a safe deposit box, and it is usually used as savings or emergency funds if at any time they need money. i think no one wants to keep money to make a profit because usually the value of that money will decrease in line with inflation.

Not at all. Bitcoin and saving money are not the same, in my opinion. The two things are not the same; even if we save money for a year, we will still see the exact amount we have saved without any increase. Sometimes, we can even touch the money we save by saying, "It's just a savings; we can make another money to replace it and use it for other problems. However, the price of the assets we hold could rise or fall, but since we can store bitcoin for more than a year, there is more risk involved. If we are holding bitcoins and make profit, we can sell the profits to cover other expenses, but we cannot save money be expecting profit from it, unless we use those savings.

Yes, saving is more about saving money with a real level of security, while if we divert money to buy cryptocurrencies it is more about speculation where there will be ups and downs in the capital we deposit. However, in my opinion, both things are good to do as long as we are not careless, meaning we must be required to be able to manage all activities related to personal finances.

That too is a bit different too given that keeping your money in bank can sort of defend against inflation which would lead to depreciation of asset and unlike keeping in safe deposit which is the lowest kind of keeping you should do. Keeping bitcoins is much superior given that bitcoin is a guaranteed growth. For me though, the only similarities of keeping money and keeping bitcoins is that you're keeping a financial tool which is money although in different forms.

Banks are business people, when you have money deposited on their vaults is when you start to receive all sort of marketing emails and what's do you gain at the end of the day, all for 3% interest rate when inflation might have dealt with your money. They will send you all sort of messages that will encourage you to keep your money with them because most has been loan out with high interest rate.

Bitcoin is on of the most selfless investment, you can have $100m invested in Bitcoin and no damn soul is going to know that you did, know government is going to suspend your accounts of been a suspect or suspicious of any allegations. Putting money in Bitcoin comes with it's own risk but far better than giving it to the banks to what they like unless you want to be liquid so that you can have access to any other activities that is outside crypto, it's wouldn't be if you use money needed at anytime to buy bitcoin when it's not a long term vision.

Saving money and saving bitcoin both are similar thing but the main thing between them is that saving money will not show increase in value but bitcoin can make you Millionaire with the passage of time.

Those people who don't have patience and wants to live a luxurious life cannot save money as well as bitcoin and those who have experience to save money will also be able to save bitcoin as longer as they can. Also their is a possibility that people having save amount of money will definitely put it into bitcoin if they find bitcoin successful after searching about it.

Keeping your money just means you're saving your money for funds, saving or keeping your Bitcoin are assets that could possibly generate profit in the future, in the case of Bitcoin it has a volatile market price so possible that asset might be worth more in the future compared to just saving your money in the bank, it might get interested but very low interest, not to mention we have a huge problem when it comes to inflation so its probably not going to be a good idea.

It doesnt necessarily mean that you're good at saving your money then you're going to invest in Bitcoin since we still have a lot of different investments that we could make not just Bitcoin, I mean someone could just start an online sales business if he just doesnt prefer investing in Bitcoin because Bitcoin is still a risky investment, it's still doesnt have enough proof that it is going to sustain its market price in the market. The value of Bitcoin just depends on supply and demand, meaning there was no kind of backup value that supports it, something like GOLD as a tangible asset, so we could easily say that the market price could also be based on the hype in the market. After a few years we dont know if Cryptocurrency is still going to exist at all, but on your business it is going to depend if you successfully handle that business it could be bankrupt if your not careful but you handle the responsibility of it, it might become a bigger business.

I get that people see the potential for Bitcoin to blow up and make them a crapload of money.  No doubt about it, cryptocurrency values can explode overnight.  But that knife cuts both ways - what goes up can come crashing down just as fast.  So while I understand the appeal of trying to hit it big, I don't understand the folks who cash out their entire savings or take out a second mortgage to buy Bitcoin and  that just seems beyond risky to me. 

My point is, nothing in investing is guaranteed.  So going all-in is like betting your whole paycheck on the roulette wheel.  Not exactly a sound financial move, right?

People do really only looks up for the good side rather than on trying out to see on balance  things on which it is really something that should really be considered out, so that on the time that you would really be able to encounter then you wont really be that making yourself that impulsive or becoming that too get shocked on the time that you would be able to experience things because majority of people who are really that too optimistic
is that on the time that they would really be able to encounter such hardship then they are really that basically make those kind of impulsive approach as well.
Its not really that hard to distinguish both things if we do ask about keeping money and keeping Bitcoins.It would really be that common sense that crypto could give out that kind of opportunity
when it comes to making money or profits on just simply holding it on which this is something that cant be done by fiat which we know that making up some choice
is really that normal for you to make on.

Most fiat currency savers are too risk averse to get into Bitcoin in the first place but I guess if a saver finally grasps Bitcoin then they may have the mental fortitude & patience to slowly stack Bitcoin & hodl for a significant period of time.

therefore the need for good financial management. we have to prepare savings in the form of fiat money to anticipate unexpected needs, and on the other hand we have to prepare savings for investment so that our money grows and of course the risk has a small impact because we have prepared for unexpected needs, and if our plan is successful in investing, then welfare is increasing. This is done because it is related to inflation, so we have to be smart in managing finances

All investments are risky, you're right. Equating Bitcoin's risk to its low intrinsic value is simple. It overlooks Bitcoin's revolutionary decentralised, worldwide currency free from government control. This goes beyond supply and demand to a worldwide value consensus that is older and stronger than the fiat system

Your inflation warning is accurate but misses Bitcoin's sanctuary. Bitcoin is risky, but it offers a unique opportunity to save capital while traditional currencies devalue. This is a smart countermove to inflation's erosion of purchasing power, not speculation

Let's not write Bitcoin out due to its current issues. Now-essential technology have met scepticism throughout history. Diversify, but don't dismiss Bitcoin as a fad. It requires a better understanding and strategic position in a well-rounded financial strategy

They have nothing in common even though they both have value in life and are also equally needed by everyone at this time. Bitcoin has been in demand by many people for the reason that it can provide more profits when you hold it and invest in it, while money is needed by everyone to be able to meet their living needs and also to buy Bitcoin so they can get more money when the price starts to increase in the market. So both are needed now for very special reasons but they are not the same as mate.

I do not agree that if someone is good at saving money, he will be able to invest in bitcoin because the thing is not even going the same way. In my opinion, saving money will not increase or decrease unless you touch your savings or if you add to the money you saved, unlike with bitcoin. If you save bitcoin, do you think it will remain the way you save it? No, man, it won't, so the same thing is that someone may be able to save money, but not bitcoin. The reason is that not everyone who is able to save money can take the risk in bitcoin because not just save bitcoin once you use money and buy bitcoin, you have already invested in it, so just imagine someone who does not know about bitcoin investment did it and later sees that his money is going down when the market is depreciating. The person will start panicking in the name of saving money.


No, I totally disagree with these because how did you know that if you invest 0.5 BTC now in the next 5 years, the BTC will still remain like that? Remember that the currency is very volatile and local currency cannot change even after the 5 years you are talking about, so the thing is that even after considering all these volatilities of bitcoin, you need to know that not everyone who is able to save money in fiat will be able to take the risk in bitcoin investment. Also, note that saving money in the next 5 years is not an easy thing to do, and saving money does not mean you have a plan for BTC investment because anything that will make you put money into bitcoin is an investment. 

Yes, both have the similarity. Saving money and investing in Bitcoin will provide the reserved funds in the future. However, investing in Bitcoin may have a chance to multiply the amount of the funds. Not sure if we can be a millionaire or a billionaire, but there should be a hope for bigger money through Bitcoin investment.

It depends on the individual. There are rich people who live in luxury but they have a better perception about saving and investment. They must try to keep their money into Bitcoin if they know Bitcoin well. It is because some rich people must have a motivation to get a bigger money. Most people who don't understand about saving and investment are a middle-class people. They tend to live very consumptive, they don't care with reserved money in the future.

Managing finances is indeed the main role for us to be able to manage our daily lives so that they can run smoothly from the start to the end. I agree that it is necessary to prepare savings and investments simultaneously by first sorting out all the income received as best as possible, how much is used for daily needs, saved and invested.
Clear savings to prepare if something is out of control that can be used immediately, and the investment made is to be able to increase income if it goes well. You are right that if everything is done with good planning, then prosperity will naturally accompany you in life.

I also thought the same thing. in management matters, it would probably be the same. So people who are good at saving their money, when they receive bitcoin, they may be able to keep the bitcoin for a long period of time. Although bitcoin and Money have many differences, but management issues, I think it is almost the same. So that people who are experts in managing their money, they are also good at managing their bitcoin investments. Even beyond that, I think those who can save, manage their finances well, then they can manage their business and other investments they have.

Money is anything that has value, used to purchase goods and services and store wealth. There are about 4- 5 types of money, if I'm not mistaken, and they include, quasi, fiat, commodity, fiduciary, and I think the last should be commercial. 

I like to think of Bitcoin as a form or type of money just like assets are. It is an alternative to money, and its brothers would be investment options such as land, gold, oil.. etc.

But basically, keeping money and keeping money aren't similar. The reasons are,  first of all, when you said money, I believe you were talking about the fiat currency. The thing is fiat loses its value due to inflation but Bitcoin doesn't, Bitcoin loses its value due to how volatile it is, and its popularity index. I.e the more people believe it and invest in it... The more it's value. Meanwhile,e everyone uses money but over time it's value still reduces. So, keeping fiat money is a loss, and keeping Bitcoin isn't. That is how they aren't Similar

The most important thing is not to sacrifice your family's important needs just to lose money after entering the market. Yes. Corrections always come periodically in this market, of course if we have additional income, if we want to invest, turn on mathematical calculations and explain using common sense, then make decisions based on knowledge and don't use your mind because of potential because greed will come very quickly.

This means you can invest as long as the time is right. This market always gives us cheap prices during corrections for all cryptocurrency coins now or in the future and it depends on our decision whether we will take this opportunity to gain profits in the future or not.

managing your finances is something you can do not with words but with the heart because one of the most difficult things to do is not being able to manage your finances you should be able to spend reasonably and try and cost your expenses so that it will be much easier for you to manage. do not spend on things you do not need. because a lot of us buy things we do not even need and having that kind of behavior is bad for our finances. instead of buying things you do not need spend the money on an investment and when you get any money in return you can also re invest it. because when you have the intention of saving you might be tempted to always spend money and that way you wont be able to achieve anything. instead of saving invest it since bitcoin started you can invest your funds there and hold till like forever.

With all do respect @cabron, I think the Op mean hodling your bitcoin in a wallet and keeping your fiat funds in a saving box or in the bank.
So I'm on the opinion that if you keep your money on a saving box it would remain the same figure and could reduce in value at inflation and if saved in some sort of savings account that doesn't have the potentials to bring profits it'd still remain the same or reduced in value because the banks must surely have some service charges deducted for banking with them with such accoun type but if you saving your money in a fixed account there it has the potnetial savings to bring you profits.
Meanwhile bitcoin is a digital currency that on whichever way you intends to save it, it'd always have that potentials to either reduce in figures and looses in values or it could have the potentials changes of increments in values and increments in figures based on its fluctuating volatilities.
In a summary, holding and saving your bitcoins and saving your fiats funds doesn't have you equal results. In as much you keep up with a long term savings and hodling of your bitcoin or fiats, bitcoin would always have you interesting profitabilities because in whichever way you stores your bitcoin it'd always serves you for investment.


If I'm not mistaking I think the Op mean that speculations in bitcoin has brought about a large scales of latitudes and latitudes of bitcoin adoption in a massive rate which the market speculations has also inspired even some short term Investors to hold their assets beyond their initial expectations.
I've no doubt in that because the fast and high increments of bitcoin in values today has kept many Investors holding and accumulating more to their assets due to the appreciative volume in this current bitcoin bull run season.

I think to a large extent, people that are very good at saving fiat could be as good when saving and holding bitcoin. And perhaps the possibility of holding bitcoins for a long period of time could also have an effect on how people could hold and save fiat as well.
And yes, I think the awareness to hold bitcoin for the long run promotes the idea of savings in fiat as well. There’s a similarity as both bitcoins and fiat currency are both valuable and a form of currency as well. Getting the zeal to hold one could also help extend that zeal to hold the other as well.

Totally agree on this. I think it will be more easier for them to save Bitcoin if they are really good on fiat savings since Bitcoin price is consistently growing for long term while fiat money value depreciate due to inflation. Volatility is just least of concern for them if they will just think in long term goal.

What we can buy in the future using same amount of fiat that invest on Bitcoin will be far more better rather than if we just save fiat in the bank and let the bankers use our money in exchange for a penny interest rates.

Fiat sucks in short when you keep it in long term. Even Billionaires save their wealth in stocks and not in fiat.

There is a difference for sure because the amount of Bitcoin stays the same but the price of that Bitcoin is different when you hold it for a really long time. Compared to if you just saving money, they value of that money stays the same and the amount that you save in every span of time will determine how much do you have.

They bring that "awareness" because it's been proved that if you hold enough the price will be surge really high and most of the people are really regretting their decisions and wish they could reverse the time so they could had bought Bitcoin or waited patient enough to do so. Majority of the newcomers are coming because of these.

Actually I really don't think they are that much similar, because savings is like keeping your money in a bank or anywhere safe for a long period of time, which in most times have reduced in value due to inflation, and sometimes it serve as an emergency fund if the needs arises, while Bitcoin on the other hand is like storing of an asset that haves the ability to make you rich in a long period of time, because it increase in value overtime compared to savings that are static, and is mostly devalued by inflation.

absolutely yes!
If you're good in keeping money you will obvious do well when it comes to holding your Bitcoin. You know, life is networked in such a way that the know you have at point A is what will help you strive and become better at point B.

In my locality, we do have this small saving box when you would bring out a small opening and whenever you have small money you won't be using or someone gift you money, you just put it in the box amd continue putting money whenever you feel like or you choose that every particular day of the week you're going to be putting money in that savings box and if you're able to do that till the end of the year, you will discover that you've successfully saved up a good amount of money. Some that are impatient will within the year break the box and bring out thoseomey during any small financial constraints and those are obviously bad at their saving habit and even if they decide to Hold Bitcoin, at the slightest financial downtime ever, they will use their investment as though it is a reserved fund.

n my opinion, these two things are very different, because if we save money, of course its value will decrease, even though the money we save remains the same, as you mentioned, when inflation occurs, the value of the money will decrease, but this will be very useful when we have emergency needs that we don't need. We never know when we need it, but investing will give us results from what we invest as long as we can fulfill the targets we set and choose to invest in Bitcoin, of course this is very good for our future because there will be profits from what that we have invested and we must carry out our investments well and not make wrong decisions in investing so as not to lose what we have invested.