How do you store your fiat currency?

[Racey]

What goes into my bank account, goes straight out again, its always empty.

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[a7mos]

In banks !. this will be the normal answer for anyone. as long as you are in a country with stable economy and you are not in a war zone, banks are still the best option to store your money safely

[carlisle1]

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.

I never have that huge amount of money , but i would prefer to put it in a bank if ever i had . Better to have a savings bank with an interest than just storing it on your own because you are prone to use and spend it on the time you want to have fun also i am open for some investment as well as the business franchise .

[DuddlyDoRight]

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.

I never have that huge amount of money , but i would prefer to put it in a bank if ever i had . Better to have a savings bank with an interest than just storing it on your own because you are prone to use and spend it on the time you want to have fun also i am open for some investment as well as the business franchise .

Sad thing is in most countries even rural parts of Europe $7,000 or even 7,000€ doesn't do anything unless you're just blowing it on electronics and food.. It will buy an okay used car or start a 10+ year profitable investment plans.

Basically in most countries if you have less than 25,000 don't expect much..

[xht]

I will save all of it in the bank or investing in real estate then rent it for make my life easy and use a little to buy mining hardware.

[mindrust]

In a fucking bank, sadly.

I don't have 7.000.000$, only a couple hundred k's. But I don't feel safe, not one bit. More like I feel like I am in a serious danger. I ll keep them for another year till i buy a house then i will divide my future wealth in gold and bitcoins. (Mostly in gold, %90-%10 maybe)

[countryfree]

Savings account at an old and well-regarded bank. Interest I get is very low, but I can make large withdrawals as I wish, and without prior notice. Real estate is nice, but it takes too long if you need your money fast.

[DuddlyDoRight]

In a fucking bank, sadly.

I don't have 7.000.000$, only a couple hundred k's. But I don't feel safe, not one bit. More like I feel like I am in a serious danger. I ll keep them for another year till i buy a house then i will divide my future wealth in gold and bitcoins. (Mostly in gold, %90-%10 maybe)

Basically you can pay cash for junk like a volume-construction home in a development or blow it on a high risk investment portfolio. Unless you go to a country or state where a dollar has half a century old inflation but you will get robbed or shot.. Like Detroit MI or Bangladesh. $200,000 isn't too hard to get; I see construction contractors get that level all the time and I've gotten fractions of that rapidly doing engineering and programming inside a quarter.

[entrepmind23]

I store my fiat currency in a bank. It's not that much but at least I earn an interest and it's better to store money there than put it in my house with the risk of being stolen or being spent to my wants not needs. I have two bank accounts for now and planning to add one that has no ATM card and for emergency cases only. For now, my earnings are just enough for day to day needs but time will come when I have extra and then put it there as an emergency fund.

[Leprikon]

I open a deposit account in a bank. And the money saved and still get the top percentage.

[BADecker]

Store currency? Why? Spend it or put it into something else. Currency is the only investment that promises to lose value... through inflation.

[reginalkri]

Bank, but mostly in Bitcoins an alt coins. Can't help it. Not that I have a lot of money.

[BuySomeBitcoins]

7000 $ is not that much.

if I had to save 7000 $, I would deposit 2k in saving account / 2k in a checking credit union accoun / 2k in cash / 1k in BTC

[Samadur]

I keep my savings in the bank. Or buy them on Bitcoin, invest in gold

[igorokavg13]

I keep the money in a Bank account or buy anything in order to sell more expensive. Keep in bitcoins I'm afraid. I don't trust bitcoin.

[dimonchik13]

It is desirable that the money is not lying idle. Money needs to generate income, but if you don't know where they invest the better that are in the Bank.

[birareru1988]

I keep my savings in the bank. Or buy them on Bitcoin, invest in gold

Bitcoin the currency is not reliable, and gold is constantly changing in price. On the conversion, you will lose more than earn. Keep to the Bank.

[ethereumhunter]

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.

if a have that money i'm store my money in bank, cause for now is a save way to store money in bank cause any guarantee if have some problem with my bank account, but if i have more than $7,000.00 i will separate to gold bitcoin or exchange in another currency like USD GBP and EUR etc

you are doing pretty reasonable . Bitcoin will only grow , and gold is always a price , since it is not izavisit of the economy of any state

for $7,000.00 i will separate to bitcoin for $2,000, my saving bank account for $3,000.00, and the rest i will buy some investment on real life like buy house and i think the price of that house will be increase year by year.

[Skarner21]

Well banks is the only way to save or store our fiat for safety this is one of the good benefits that your money is safe. but there is no benefits that your savings will increase more unlike to save it as bitcoin that you can make more profit if the price is increase in the future.

[dingmei1]

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