Bitcoin is a good way to store money?

[bravehearth0319]

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 just for making pasive income for me, and it is not good way for making investment on it. Even if bitcoin's price stay stable, due to it is new things there is high risk on bitcoin.

Everything in this world or wherever we go, risk is always there in every decision we wanna make. But true that Bitcoin is a kind of passive income to anyone. If you are knowledgeable and the technique to gain bitcoin in any aspect they have in bitcoin world.

[bravehearth0319]

As we've seen, the price only increased since the launch of Bitcoin. Yes, we've had different events like Bitfinex but the price will probably keep rising. I'm trying to save the money from signature campaigns, so I'm not risking anything to loose.

In that case you have a point. Gaining in different signature campaign is a big help to everybody whether the individuals are new or old member. About the bitfinex even it has a bad record already in the community but still we can't stop anybody to have a doubt into it for what happen. Of course those people who invested into it got trauma actually.

[phreaky]

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?

Yeah I agree, Bitcoin is a great way to store money and try to make money at the same time and that is why many people make use of Bitcoin.
If the price is stable that just means that you have to wait for the price to rise again.

[richkellj]

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?

Yeah I agree, Bitcoin is a great way to store money and try to make money at the same time and that is why many people make use of Bitcoin.
If the price is stable that just means that you have to wait for the price to rise again.

Yes, everyone will get the chances to make money with bitcoin savings, if he is ready to wait for some time.
So far, the past record of bitcoin has proven this fact. So, bitcoin must be a good investment opportunity.

Usually all investments are used for storing our money and will reward us back some extra benefits for the belief we are having with that. Bitcoin must be similar kind.

[noormcs5]

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 just for making pasive income for me, and it is not good way for making investment on it. Even if bitcoin's price stay stable, due to it is new things there is high risk on bitcoin.

Everything in this world or wherever we go, risk is always there in every decision we wanna make. But true that Bitcoin is a kind of passive income to anyone. If you are knowledgeable and the technique to gain bitcoin in any aspect they have in bitcoin world.

But you should have to tell which way is best for us and also for bitcoin.
For me bitcoin is best in our ways only need you have ability to utilize it in different ways. Like in investment and trading.

[greatr]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

there is nothing to say in my opinion, i think that bitcoin is going to always be a good way to hold your money in most probably

[JumperX]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

there is nothing to say in my opinion, i think that bitcoin is going to always be a good way to hold your money in most probably

Bitcoin is a good place to store money as if price goes higher then it will also help in growing your money but make sure that you don't put all your money in it, as it will be risky if price drops in future.

[danherbias07]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

there is nothing to say in my opinion, i think that bitcoin is going to always be a good way to hold your money in most probably

Bitcoin is a good place to store money as if price goes higher then it will also help in growing your money but make sure that you don't put all your money in it, as it will be risky if price drops in future.

Yes that is the idea. Just put the excess money if you have some spare. Actually it is the best storage as it is also an investment. No need to go to a broker for you to be invested or in a bank. Just putting some money in bitcoin it is already done.

[Patatas]

Bitcoin is a good place to store money as if price goes higher then it will also help in growing your money but make sure that you don't put all your money in it, as it will be risky if price drops in future.

Aren't we trying to promote bitcoin as an official currency of the digital generation ?
I get it,bitcoin is a easy alternative to invest a few bucks but you'll are forgetting the cause why it was ever invented.90% of the bitcoin related posts around the forum are only containing keywords like "invest,trading,profit,double" etc.

Yes that is the idea. Just put the excess money if you have some spare. Actually it is the best storage as it is also an investment. No need to go to a broker for you to be invested or in a bank. Just putting some money in bitcoin it is already done.

Bitcoin is an experimental currency.You're putting it like before the dawn of bitcoins people never invested in digital assets before.

[stromma44]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

there is nothing to say in my opinion, i think that bitcoin is going to always be a good way to hold your money in most probably

Bitcoin is a good place to store money as if price goes higher then it will also help in growing your money but make sure that you don't put all your money in it, as it will be risky if price drops in future.

Yes that is the idea. Just put the excess money if you have some spare. Actually it is the best storage as it is also an investment. No need to go to a broker for you to be invested or in a bank. Just putting some money in bitcoin it is already done.

Yeah that is the right thing to do, put the money that you can afford to loose so even if in future if price drops it will not affect you financially as you have an back up that can take care of you.

[Crypt0kn1ght]

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?

Profitable but risky investment.
Secure storing but still very volatile.
If you want to hide your assets it's not a bad idea to use btc )

[socks435]

For now it is still the best to store our money in bitcoin because the price right now is increase and it easy to store your money in bitcoin you dont need to put your real identity to have a bitcoins.. its not so secured but it depends to you how you can secured your wallet..

[jonpande]

I think bitcoin very good for saving money and investing

[raymond541]

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?

Obviously Bitcoin is the good way to investment.Many people are now investing on Bitcoin and got handsome profit.well before invest your money on Bitcoin you first need to be experienced otherwise you will lose your investment.

For store money,yes you can store but Bitcoin price not stable fiat also not stable but not much volatility like bitcoin.So you should prepare for accept profit or loss both.

[Haliburton]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

Exactly. Bitcoin makes it a perfect commodity to serve as a store of value, leaving you in complete control of your own money without the need for greedy banks or middlemen. The paper wallet can be seen sort of like a safe deposit box in bank, where you store your funds for the long term and only you have access to same with your private key.

Still, it would be best to sell some of your BTC (instead of all of your BTC) once the price goes above $1000 for profits and preserve the rest for the future. But, this is up to you.

With Bitcoin, you can safely store your money and preserve it for long term via the use of cold storage methods and an encrypted private key for added security. The only limit here, is BTC's price in terms of volatility (against fiat currency) but it could serve as a great way to make profits if done right. 

[Rahar02]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

Yeah, some people must be have same reason to buy or earn bitcoin. It's a good way to store our money as we know that the price of bitcoin keep increasing every year, if the price  stay stable it's just same as common money in every country and we will see not much people would store or invest their money in bitcoin.

[0day]

For now it is still the best to store our money in bitcoin because the price right now is increase and it easy to store your money in bitcoin you dont need to put your real identity to have a bitcoins.. its not so secured but it depends to you how you can secured your wallet..

For now and really in the future also it will be a good source to store and invest our money in , I will like bitcoin to be a successful money as I now do not want to go back to the banks to store my money I am happy with bitcoin and will support it for its success.

[Sir Alpha_goy]

No it is not a good way.

Bitcoin is aiming towards a servile relationship with governments and banks.

But if you like storing your money with those two characters then I guess the answer is yes.

[shugareward]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

im also holding it all in a cold storage right now, i think for me to sell it a new all time high should be reached to get good profit

[Sweetbtc]

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?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.

It depends on how you define storage.  If you are talking about weeks or months, even longer, then depending on the method or wallet that you use, you should be good.