Daniel91
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Activity: 3374
Merit: 1824
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December 26, 2015, 11:59:50 AM |
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For now, I prefer my money to be in cash. It's obvious reason for it, I can't use bitcoin much in my country, there are almost no Bitcoin ATM, very few merchants accept bitcoin, no BTC debit cards etc. I hope such situation will change in the near future but right now it's much more practical to have cash in pocket  |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Amph
Legendary
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Activity: 3206
Merit: 1069
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December 26, 2015, 11:59:57 AM |
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Well I'm very new to Bitcoin, but here are my preferences
Money for everyday expenses
1. Bank current account
2. Cash
3. Bitcoin
Life-happens savings
1. Bank savings account
2. Cash
3. Bitcoin
Long term savings
1. Bitcoin
2. Copper ingots
3, Cash
4 Bank savings account
i find that bitcoin is better on the web for now, superior to fiat, you can have some discount with some service, were for fiat you only pay more due to fee(paypal, your bank account etc..) |
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boopy265420
Legendary
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Activity: 1876
Merit: 1005
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December 26, 2015, 12:01:13 PM |
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My vote is for Bitcoin because it has brought change in financial system and things are changing rapidly.I converted my money in Bitcoins and already my profit is higher but I have intention keep holding for better and right time.I also keep money in cash for everyday usage so both at the same time.
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mcfom
Legendary
Offline
Activity: 1260
Merit: 1001
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December 26, 2015, 12:04:50 PM |
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I gave vote to bitcoin,it deserves and it trend and digital money in which I prefer to be my money.I was collecting bitcoins little by little to be in future's elite class.
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cointtoo
Member
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Activity: 70
Merit: 10
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December 26, 2015, 01:59:57 PM |
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For a large holding I think gold is a possible answer, also USD is a possible answer but BTC is too volatile for any serious holding IMO, gold price has lost allot in the previous period and some BTC fans point to that (I'm one of them too) but BTC went from $1000 to ~$300 in less than a month before, BTC has great potential but is completely unpredictable.
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Adam1395
Newbie
Offline
Activity: 28
Merit: 0
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December 26, 2015, 07:32:33 PM |
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I would prefer my money in bitcoin to a extend that I want my company to give me my salary in bitcoin. If that happens then I would the happiest person in our mother planet. Actually the thing is I am bored of looking and specially counting the cash shit and all that stuff.
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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December 26, 2015, 07:41:17 PM |
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For a large holding I think gold is a possible answer, also USD is a possible answer but BTC is too volatile for any serious holding IMO, gold price has lost allot in the previous period and some BTC fans point to that (I'm one of them too) but BTC went from $1000 to ~$300 in less than a month before, BTC has great potential but is completely unpredictable.
Well gold has been on a losing streak lately, so there are other investments that are better right now. I can think of any off of the top of my head right now, but PMs such as silver as probably better to put value in right now. And BTC hasn't gone from $1000-$300, it went $1,200, $700, $500, $250 over a four month period. If you can't choose what to do over that period of time, I'd feel pretty bad for you. |
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defaultking
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December 26, 2015, 08:17:17 PM |
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I prefer my money to be in bitcoin as I feel it's mine and I have more control over it as well as it being more secure. On the other hand I keep most of my money in fhat however for ease of use as most places only accept fiat.
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btvGainer
Legendary
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Activity: 854
Merit: 1000
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December 26, 2015, 08:23:25 PM |
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The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow? State why you prefer your option. I prefer both.Cash to buy my daily needs,pay bills etc because bitcoin is not mainstream yet it not acceptable eveywhere.I also want to have some btc because it is convinent payment mode.Btc as investment is my last choice |
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busybee7
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December 26, 2015, 08:28:01 PM |
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i prefer it to be in cash as its price does not fluctuate a lot
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 26, 2015, 08:43:23 PM |
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I prefer my money to be in bitcoin as I feel it's mine and I have more control over it as well as it being more secure. On the other hand I keep most of my money in fhat however for ease of use as most places only accept fiat.
I am with you and prefer my value in Bitcoin but that is not really an option at the moment. Once more online merchants accept and local stores to pay bills and mortgage is when I will only use Bitcoin. When and if that day comes there will be less fluctuating. That will be a sad day if I'm honest as I like it and its been good to me. |
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yenxz
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December 26, 2015, 08:46:17 PM |
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For this time,i will prefer money to cash,because i more need cash,and also in my country cash money more popular and just little people who know bitcoin,but for 10 year later,i think i gonna pick bitcoin than cash.
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n2004al
Legendary
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Activity: 1134
Merit: 1000
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January 01, 2016, 10:38:22 AM |
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I would prefer my money to be in cash.I have invested some money in Bitcoin as well and some part in precious metal to have all the options available in any case of unexpected situation.I suggest to be a balance among your savings.
So you prefer to have cash and then have some money converted in bitcoin and even some others in precious metals (not one - gold or silver or another by some). How is this? You prefer to have cash and have in reality the most possible diversification of the money that someone could have? I cannot understand. Why you have bitcoin or precious metals if you prefer to have cash? It is correct such question or am I who am unable to understand right what you have write in your post? |
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Shinpako09
Legendary
Offline
Activity: 1988
Merit: 1015
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January 01, 2016, 11:45:08 AM |
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It depends if i'm going to shop online I prefer to use bitcoin. But I don't think there's a store in our province that really accepts bitcoin as payment so I would use cash in shopping since theres a mall near us.
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CryptoBRITAIN
Newbie
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Activity: 4
Merit: 0
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January 01, 2016, 11:51:03 AM |
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I like to have 80% in cash and 20% in bitcoins
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owm123
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January 01, 2016, 11:55:51 AM |
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Depending what I do. If I sent money overseas, I use bitcoin or litecoin.
For everything else, cash, credit cards, paypal.
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Etoiliste
Member
Offline
Activity: 98
Merit: 10
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January 01, 2016, 11:56:25 AM |
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i would like to have my moeny in 35% bitcoin and the rest in fiat to use daily so the third of my moeny in bitcoin will be a good investement for the future days
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Rizky Aditya
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January 01, 2016, 12:00:22 PM |
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Due to the high volatility of the bitcoin for me the answer is obvious - i prefer cash. A small part for investment purposes is the maximum on a given time.
Bitcoin's price has already begun to stabilise. So I don't really know what you are talking about. I am not saying that you should keep all your money in Bitcoin, but at least quite a bit. Maybe around 30-40%. I keep around 35% of my money in Bitcoin, I believe that it is a really good investment. When halving hits, I should make quite a lot of money. If you keep cash, you won't earn anything. It depends if i'm going to shop online I prefer to use bitcoin. But I don't think there's a store in our province that really accepts bitcoin as payment so I would use cash in shopping since theres a mall near us.
That is one of the downsides of Bitcoin. But when I shop online, I love to use Bitcoin. Most people shop online anyway, it is much more convenient. |
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sbtctalk
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May 21, 2016, 02:48:10 PM |
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Cash is always king. It is wiser to hold cash for liquidity. But I converted some long term savings & investment funds to BTC.
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13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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BitcoinPC
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May 21, 2016, 03:55:26 PM |
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The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow? State why you prefer your option. I m here, it is prove that i always refer bitcoin better than fiat currency, if you save your money in your pocket, than it is useless but if you invest your money in Bitcoin than i will give you profit, and most of the other ways are profitable from bitcoins, when you use it than you realize it is 100% better than cash money. |
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