Bitcoin is a good way to store money?

[sempak]

bitcoin is most flattering media to save your money. because with your bitcoin wallet you can access it easily. You can perform a variety of transactions whenever and wherever you are.

[iv4n]

Bitcoin is a good way to invest your money, time and energy. Storing is something we do when we are millionaires, and then we put our money on different places and that is how we keep them safe. Bitcoins are still just investment, and people will earn money in good case, lose if things go wrong in some point.
I don't know for others, but I wouldn't keep my money in bitcoins. I would gladly invest part of it, and I would like to watch how btc rise and how my investment is making good profit, but for keeping I would choose something more safe.

[BitcoinPC]

Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?

Bitcoin is best in all of the ways, where we use it and invest it or do trading. But everyone have their own ways to earn from bitcoins.
For me bitcoin is best for investment. Since i started with bitcoin so in the start i do investment and it give me always good profit, thats why i prefer investment in all other ways like gambling and trading. But gambling and trading are also best ways, but both need luck.

[Shibashi Dogemoto]

bitcoin is most flattering media to save your money. because with your bitcoin wallet you can access it easily. You can perform a variety of transactions whenever and wherever you are.

Yes we have our own bank in the form of bitcoin wallet and we have control on our funds personally and accessible to us 24/7 and which involves very low fees.

[klf]

bitcoin is most flattering media to save your money. because with your bitcoin wallet you can access it easily. You can perform a variety of transactions whenever and wherever you are.

Yes we have our own bank in the form of bitcoin wallet and we have control on our funds personally and accessible to us 24/7 and which involves very low fees.

I feel as of now bitcoins are good only to put a partial amount of our savings instead of keeping all our money because bitcoins prices are very volatile compared to keeping or saving our money in fiat currency. So if bitcoins prices go down for any case then all our savings will be reduced lot in no time so I think we should only keep some of our money in bitcoins for investment purpose.

[terman45x]

bitcoin is most flattering media to save your money. because with your bitcoin wallet you can access it easily. You can perform a variety of transactions whenever and wherever you are.

Yes we have our own bank in the form of bitcoin wallet and we have control on our funds personally and accessible to us 24/7 and which involves very low fees.

I feel as of now bitcoins are good only to put a partial amount of our savings instead of keeping all our money because bitcoins prices are very volatile compared to keeping or saving our money in fiat currency. So if bitcoins prices go down for any case then all our savings will be reduced lot in no time so I think we should only keep some of our money in bitcoins for investment purpose.

That's right its better not to invest all your wealth in bitcoin as if price drops in future then you need to wait longer to earn profits from it and there is no guarantee that it will rise again.

[wikenpp]

Bitcoin is a good way to invest your money, time and energy. Storing is something we do when we are millionaires, and then we put our money on different places and that is how we keep them safe. Bitcoins are still just investment, and people will earn money in good case, lose if things go wrong in some point.
I don't know for others, but I wouldn't keep my money in bitcoins. I would gladly invest part of it, and I would like to watch how btc rise and how my investment is making good profit, but for keeping I would choose something more safe.

At this moment i find storing a bit of a problem since it have a wallet offline. I do hope and think in time this protection can be and will be increased but till then bitcoin is not a good way to store your money. Especially if you have a lot of money, i would advice to have more bank cost for a bit more security.

[rektDude]

Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?

You have to be more precise, it's not entirely clear what you want to say.

Any good investment is also a good store of value, as long as it remains a good investment. So of course you can buy Bitcoin with your fiat money, if you expect that Bitcoin will not loose or even increase in value compared to fiat. That's pretty straightforward.

In case you are referring to Bitcoin's volatility you are asking a question that you are already answering: If you want low volatility and already expect Bitcoin being stable, then of course it may be suitable for you. If you want low volatility but don't expect Bitcoin fulfilling your wish, then you should stay away from it.

So if Bitcoin is a good investment / good store of value for you depends a lot on your investment / storage goals and your expectation of Bitcoin fulfilling these goals. Of course there is no certainty that your expectations will come true, so you are always taking a risk when investing.

ya.ya.yo!

I dont think bitcoins is just good for a way to store money because the bitcoin can also drop allot and then all of your money is gone if ytou want to hold money cash coins and hold the money/.

[goinmerry]

bitcoin is most flattering media to save your money. because with your bitcoin wallet you can access it easily. You can perform a variety of transactions whenever and wherever you are.

Yes we have our own bank in the form of bitcoin wallet and we have control on our funds personally and accessible to us 24/7 and which involves very low fees.

That 24/7 thing made me get really hooked with this. Banks can do that. I have never seen one that do transactions in Saturdays and Sundays. OH! I think I saw one that do it in Saturdays. But every bank dont do on Sundays. So you need an ATM card to get money which you gain nothing from that card. It is just like a wallet that is made with a plastic card and you are supposed to find a machine to get some cash from that plastic.

Here in bitcoin you put your money, it is not just a wallet but an investment also and it moves wildly during fluctuations.

[Digitalbitcoin]

Bitcoin is innovative digital virtual currency, which has many advantages and features.


Bitcoin is first decentralized, anonymous, safe, secure and transparent altcoin. Which is recognized globally. Bitcoin itself have proved its existence.

if we see graph of price of bitcoin of history. We can determine how changes happened. Investment in initial stage have gave good ROI.
Same as way current investment can give good ROI in future for staking then.

[Daniel91]

Well, there is no absolute security on Internet really.
Good hackers can break any online security and stole your funds online.
Even banks and governments can't absolutely protect their data online.
If you have large amounts in your bTC wallets, i will suggest you to store it in more safe way, offline, at the bank account.
Also, value of bitcoin is very changeable.

[jonahmarieaton101]

Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?

I think storing money in bitcoin is not a good way. Well we all know that the price of bitcoin is not stable and maybe the time will come the price will go down at the bottom. No one knows when it could happen but as long as it is still alive use it as much as you can but only in a good way   .

[randy8777]

Well, there is no absolute security on Internet really.
Good hackers can break any online security and stole your funds online.
Even banks and governments can't absolutely protect their data online.
If you have large amounts in your bTC wallets, i will suggest you to store it in more safe way, offline, at the bank account.
Also, value of bitcoin is very changeable.

no matter how many times we advice people not to store coins in online wallet services or exchanges, they continue to do so. even major thefts don't make these people change. these people will only learn when they are losing the coins they store online due to a hack or whatever. it will be a very expensive lesson.

[blackmachinegun]

Unless you are trading on a daily basis, I do not think that bitcoin would be a good way just to store your money.  There are few sites that actually offer a good interest rate on the money you have sitting there and the ones offering a good return always end up going scam.

I think it would be quite risky when you put your bitcoin on a website and wait for bitcoin your investment grow. I saw from the previous story that there are many people affected by the scam because such an investment? I think you can still make a profit simply by holding and waiting for prices to rise?

[wibuindon]

Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?

You can invest if you can afford loosing it. Big up and down are quite common by the way, check the chart.

[ajun96]

I consider bitcoin as secure way to store my funds rather than investment oppurtunity however it feels like getting reward when price get pumped and the value of bitcoin i have stored get increased in terms of fiat.

yeah save bitcoin is tantamount to investing? You do not need to bother to grow because you will make a profit when prices rise and when prices go down you do not need to panic. you only need to hold him and be patient and I'm sure you'll still benefit? I think this is a safe investment

[Golftech]

I consider bitcoin as secure way to store my funds rather than investment oppurtunity however it feels like getting reward when price get pumped and the value of bitcoin i have stored get increased in terms of fiat.

yeah save bitcoin is tantamount to investing? You do not need to bother to grow because you will make a profit when prices rise and when prices go down you do not need to panic. you only need to hold him and be patient and I'm sure you'll still benefit? I think this is a safe investment

bitcoin is an investment so while storing and holding it you are earning from it just needed to make a good timing when the price already rises up don't panic when it show low value because for sure it will bounce back.

[pooya87]

I consider bitcoin as secure way to store my funds rather than investment oppurtunity however it feels like getting reward when price get pumped and the value of bitcoin i have stored get increased in terms of fiat.

yeah save bitcoin is tantamount to investing? You do not need to bother to grow because you will make a profit when prices rise and when prices go down you do not need to panic. you only need to hold him and be patient and I'm sure you'll still benefit? I think this is a safe investment

that way of treating bitcoin is for the lazy, i believe you should always try your best to further increase your money so invest in bitcoin and if you could find a good way of investing bitcoin itself, then do that too. so in this way you can make even more bitcoin and when the price rises you have even more profit.

[JeffBrad12]

Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?

You have to be more precise, it's not entirely clear what you want to say.

Any good investment is also a good store of value, as long as it remains a good investment. So of course you can buy Bitcoin with your fiat money, if you expect that Bitcoin will not loose or even increase in value compared to fiat. That's pretty straightforward.

In case you are referring to Bitcoin's volatility you are asking a question that you are already answering: If you want low volatility and already expect Bitcoin being stable, then of course it may be suitable for you. If you want low volatility but don't expect Bitcoin fulfilling your wish, then you should stay away from it.

So if Bitcoin is a good investment / good store of value for you depends a lot on your investment / storage goals and your expectation of Bitcoin fulfilling these goals. Of course there is no certainty that your expectations will come true, so you are always taking a risk when investing.

ya.ya.yo!

I dont think bitcoins is just good for a way to store money because the bitcoin can also drop allot and then all of your money is gone if ytou want to hold money cash coins and hold the money/.

And never keeping your money or JUST storing them into bitcoin because too bad for using become your wallet for storing your money. the volatility if always disturbed if you wanna for saving into bitcoin form.

[noictib]

Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?

Yes it's not only the good way bit the best in my opinion, because if you invest or some 1btc and store in your wallet for year then after that certain time interval that 1btc's price will definitely rise and so by selling the btc again you could get some profit.