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Author Topic: How do you store your fiat currency?  (Read 3355 times)
dingmei1
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October 07, 2016, 04:36:48 AM
 #41

I heard that a lot of British people put cash buried in the ground, in fact, for bitcoin stored in the U disk is more secure

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October 07, 2016, 07:57:43 AM
 #42

Lol, that`s an expert in storing money=) goo.gl/lpWbVw
One of russians ex-officials used to store 20bn RUR (~$330mln) in his flat in cash.
The weight of that pile of money was estimated around one metric ton

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October 07, 2016, 08:00:32 AM
 #43

My fiat currency is invested in stocks and bonds.
I allocate 5% of my funds to bitcoins Cheesy

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October 07, 2016, 09:36:11 PM
 #44

like so many other people i also store my fiat currency in Bank, i thin banks are the best option for saving our fiat currency as banks give us so may other services related to our daily life routine.
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October 08, 2016, 07:46:08 AM
 #45

I store my fiat currency mostly on bank, since it is the safest way to store money and earn a little from interest rate. only 1% of my fiat currency is stored in bitcoin and it have tripled because of the pumps that happened in the past few months and am continuing to still support bitcoin, gonna buy back when the price is low. Lastly, 5% of my fiat is what I use in daily life, it is also multiplying because of job and so on.
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October 08, 2016, 07:57:38 AM
 #46

My fiat is just in my own house. I don't want to put it in a bank because if I'm going to withdraw it through an ATM, I'll be forced to withdraw the minimum amount even though I don't need that much. That would just make me spend more than I have to. Having all of your money in cash is okay because you can just take the exact amount of fiat you need when you're going out but there are some money hoarding laws in some countries.

                           
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October 08, 2016, 02:08:40 PM
 #47

I do not understand people who just keep currency. What for? Money must make money. We need to invest, this - the path to success


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October 09, 2016, 10:26:31 PM
 #48

majority of my savings i have invested in shares and bonds and rest in fixed deposits in bank and some in gold jewellery,because in case of emergency availing a gold loan is much easier than the rest














 

 

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October 09, 2016, 11:40:28 PM
 #49

Most of my money is still in Bank and i use credit cards to spend it and pay my bills. I am trying to use Bitcoin as much as i can but here where i live (Croatia, Zagreb) we have only two BTM machines and i dont know any shop where you actually can pay with Bitcoin. Roughly, 80% of money i have is at Bank and rest is in Bitcoin.
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October 10, 2016, 06:15:38 AM
 #50

I allocate my excess funds every month this way.
60% growth stocks
20% dividend stocks
10% high risk stocks
5% bonds
5% bitcoins
0% in the bank

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October 10, 2016, 03:02:56 PM
 #51

I store my fiat currency at the... "STORE." I don't have enough to store any other way, except if I don't want to eat, that is.

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October 10, 2016, 08:25:39 PM
 #52

Bank accounts are the best way to save your fiat currency as there is low risk there and we can also get profit through interest. But if we have some huge amount to save then real estate is another good option for it , because we can get maximum profit through real estate. Depending upon you and your money if you have a sharp mind and big amount to save then then go for real estate it else go for bank account.

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October 10, 2016, 08:29:01 PM
 #53

Nowadays i am considering to withdraw everything i got from my bank. The situation is getting shittier with everyday. No need to take risks. If a bank steals your money, you can't do anything about that. It is all legal.

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October 10, 2016, 10:17:40 PM
 #54

i stored au dollars a long time ago, bank account as well as the paper and save money i need to get something like a bank. Most of the time there is always money it really helped me, so you can save money on more important accont's purposes will remain there for the

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October 11, 2016, 01:16:20 AM
 #55

I store it in the bank like any normal person does.
But if I had alot of it like a million dollars cash then I would more than likely can afford a safe to put it in then. It would be way more secure that way. Grin

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October 11, 2016, 01:40:24 AM
 #56

I store it in the bank like any normal person does.
But if I had alot of it like a million dollars cash then I would more than likely can afford a safe to put it in then. It would be way more secure that way. Grin
Are people who don't store it in bank not normal  Huh  Store in bank is not normal, because bank owns the money not you  Smiley

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October 11, 2016, 10:35:45 AM
 #57

My fiat is just in my own house. I don't want to put it in a bank because if I'm going to withdraw it through an ATM, I'll be forced to withdraw the minimum amount even though I don't need that much. That would just make me spend more than I have to. Having all of your money in cash is okay because you can just take the exact amount of fiat you need when you're going out but there are some money hoarding laws in some countries.

I'm pretty sure that's how most people do it. I mean when you get your salary, you keep a portion in cash at home for groceries and other little things you might need that's off budget no?  Cash is so much easier to use than cards and it's faster too, unless it's a really big amount in which case card is preferable. Surely you don't mean to say you keep all of your money in your house?
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October 11, 2016, 10:52:18 AM
 #58

I currently store in EUR

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October 11, 2016, 11:15:14 AM
 #59

I'm curious how people with a lot of currency; even if it's just $7,000.00, store it?

I've seen it done a lot of different ways in the US.
well we can't day about another person , but honestly my total saving in bank ( fiat ). is now into half  into the bitcoin . now i started my trading in bulk .


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fiscorcle
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October 11, 2016, 11:48:06 AM
 #60

I have a ledger that I put most of if not all of my bitcoins on.
I do feel that they are safe on there because I don't move it from computer to computer.
Only use it on one PC so I do feel it is safe in the way that I use it.

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