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noormcs5
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January 17, 2017, 03:11:31 PM
 #41

I am familiar with this challenge, it is a bit awesome if you get it until the end and reach big enough money,
So since the value of you saving weekly is increasing, so I recommend to save it on bitcoin value.

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January 17, 2017, 03:25:04 PM
 #42

I am familiar with this challenge, it is a bit awesome if you get it until the end and reach big enough money,
So since the value of you saving weekly is increasing, so I recommend to save it on bitcoin value.

Also because for sure next year its value will increase more than what it is now though we are experiencing the high and low price or value of it, but it is not worry much because it will be back in the middle of the year (increasing pattern) since we are growing users.

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doublebit21
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January 17, 2017, 03:28:22 PM
 #43

I am familiar with this challenge, it is a bit awesome if you get it until the end and reach big enough money,
So since the value of you saving weekly is increasing, so I recommend to save it on bitcoin value.

Also because for sure next year its value will increase more than what it is now though we are experiencing the high and low price or value of it, but it is not worry much because it will be back in the middle of the year (increasing pattern) since we are growing users.
Its obvious that we can seen high movement in bitcoin since yeah we are growing users and growing adoption more merchant are accepting bitcoin as payment and many company are now also are using bitcoin.. for their business..
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January 17, 2017, 04:15:13 PM
 #44

If you can, you should definetely try. Saving is great investment for the future and on the long term basis you should make the nice profit. And it's definetely a chalenge because saving is not so easy as it seems at first. And if you don't have source of Bitcoin and you are buying the coins, it could be even harder.

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mrcash02
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January 17, 2017, 04:30:26 PM
 #45

If you can, you should definetely try. Saving is great investment for the future and on the long term basis you should make the nice profit. And it's definetely a chalenge because saving is not so easy as it seems at first. And if you don't have source of Bitcoin and you are buying the coins, it could be even harder.

Buy Bitcoins is a good source of Bitcoins anyway. It's a nice way to increase the money value after some time, when the BTC price increases. If OP has money to invest in Bitcoins it can be better than work on something to earn pennies of Bitcoins. Save money is always good, but it won't give much money fast. If we are talking about Bitcoins the best to do for profit is to trade safe, that is better with BTCs than another currencies.

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January 17, 2017, 04:49:42 PM
 #46

If you can, you should definetely try. Saving is great investment for the future and on the long term basis you should make the nice profit. And it's definetely a chalenge because saving is not so easy as it seems at first. And if you don't have source of Bitcoin and you are buying the coins, it could be even harder.

If you want to spent bitcoins it's pretty easy, just go to purse.io. Other than that, I can't find any other places where it would make sense to spend bitcoin. It's better to just hold them long term, don't waste your digital gold in crap that you can buy for inflated dollars.

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January 17, 2017, 04:50:50 PM
 #47

I turned the 52 week challenge on their head, when I did it. I started week 1 with $52 and then week 2 with $51 ....... Why? Well, I got

more motivated to do this, when I saw bigger amounts in the beginning. The $1 ...step up $2 ....thing, did not work with me. I know the

traditional way, was developed to slowly get people into the saving habit, but I do not have that problem. Looking at this thread, I might

do the same with Bitcoin. { I usually buy low & sell high... but this looks fun. }  Grin

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January 18, 2017, 03:00:33 AM
 #48

52 week challenge? It is what we are already doing right? 99% of the people in this forum are only buying, holding and waiting for Bitcoin to reach $1m so we can all be rich. Why not start a Bitcoin price to $1m challenge. You save all the Bitcoins you get and you will not touch them until the price reaches $1m. 

If the challenge is similar to that mentioned by above mate, not to touch the bitcoin till the price reaches $1m none would select this challenge. Bitcoin has the potential to grow but $1m is something like a dream, so everyone needs to hold on. None gets the access to use it forever.

You know I was being sarcastic right? I believe English is not your first language since you missed it entirely. I was merely trying to point out what is the use of the 52 week challenge if over 90% of Bitcoin holders do not do anything with it except save and hold them as if waiting for a million dollar pay out?





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January 18, 2017, 04:02:37 AM
 #49

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?
I am pretty familiar with that challenge and I say yes, do it man it's a good start to save because the bottom line you are doing what is needed to be successful in the future. Regardless of technique as long as you are saving it's always good, I hope you will be successful with that long journey and you will not lose hope even when crisis happens at times.

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January 18, 2017, 04:28:59 AM
 #50

I never got around to trying this 52-week saving challenge, because I already have another saving strategy in place. Doing this might disrupt my saving routine and could lead to just making the first few weeks and abruptly ending it. With bitcoin, this could be harder to achieve because of the ever fluctuating price.
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January 18, 2017, 08:36:39 AM
 #51

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?
With fiat it would be quite consistent and reliable, and you'll know from the beginning what amount you will have after 52 weeks but with bitcoin, it is quite tough to predict. Maybe one week you'll buy bitcoin at $1200 and couple of weeks later it will be close to $800, so if you are actually buying bitcoin with fiat, it could go badly as well so I'd suggest you to be smart about it rather than just following the challenge rules.

.

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January 18, 2017, 09:02:47 AM
 #52

I never got around to trying this 52-week saving challenge, because I already have another saving strategy in place. Doing this might disrupt my saving routine and could lead to just making the first few weeks and abruptly ending it. With bitcoin, this could be harder to achieve because of the ever fluctuating price.

Fluctuating price is the one that makes the 52 week saving plan successful. Because when you make a regular investment of the same amount for the entire time period you'll be earning good at the year end. This is profitable because assured price increase happens every year end.

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January 19, 2017, 09:31:47 AM
 #53

From few days i am getting to hear about this challenge.
The 52 week challenge.
But i certainly believe you dont require any challenge or something if you are strong enough
or confident enough , that you can save when you want and you can use when you want.
You guys just have to make up you mind and have a firm grip over you decisions.
Thats it

   
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carlisle1
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January 19, 2017, 09:54:13 AM
 #54

From few days i am getting to hear about this challenge.
The 52 week challenge.
But i certainly believe you dont require any challenge or something if you are strong enough
or confident enough , that you can save when you want and you can use when you want.
You guys just have to make up you mind and have a firm grip over you decisions.
Thats it
well that statement is also correct, but what OP wanted is to make himself being force to achieved this savings and since he's doing it with btc for sure it will be interesting if he achieved it and then the price really value up, I'm also trying to do some challenge with myself in a little amount trying to buy btc little by little and keep it inside my wallet. good luck OP.

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January 19, 2017, 10:07:03 AM
 #55

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?
i've heard about this challenge, i im pretty with this and i will say yes, because this will save your bitcoin instead of using your bitcoon just save it from now and wait that bitcoin can make echange to $2000 so in that you can have now more money to share in our family and helps others people
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January 19, 2017, 10:15:56 AM
 #56

In my point of view, you would save more if you do it in fiat.
Given the volatility, one should not be comfortable with expecting you already saved $100 but in real life it is just $98 or $75 or whatsoever.
Get my point? Because when doing a 52-week challenge, you can expect how much you've already saved. But with bitcoin, you can't have expectations because the price is changing.
YuginKadoya
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January 19, 2017, 10:27:44 AM
 #57

Is anyone in here familiar with the 52 weeks money challenge?
Since it is new year I've decided to take that challenge as a refresher and to try if I can save money using that pattern.
Question now is do you think saving with bitcoin will work? I you are familiar with the 52 week challenge it is where your daily deposit in your saving will have an increament of which amount you started in week one. Since bitcoin is so volatile do you think i'll save more if it is in fiat or in bitcoin?

I am very familiar with the challenge, you will start in the first or second week on the month of the year with the preferred amount you want to start then you will accumulate it on the 52nd week and count how much you have save well in fiat it would be very nice to try it and put your money on a piggy bank or a storage just like that and save as much amount on the end of the year, but in bitcoin I think there is a difference between fiat and bitcoin saving and in bitcoin work hard in every known possible earning scheme in bitcoin and do not take out any amount on your bitcoin wallet until it is the end of a year seems kind of great but if the value increase that would be the time you would convert it or out to the vault,

but if you would want to apply the 52 week challenge then save up your fiat and convert in to bitcoin when the specific amount have been reach, good luck with your challenge cause I don't think I can do it!


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January 19, 2017, 11:02:44 AM
 #58

Absolutely, you can do that 52 weeks challenge by using bitcoin. You just have to save every earnings you gain in bitcoin. You should doubke it every week to pass the challenge. Signing in a campaign ads will helo you by just posting herecin our forum. Posting makes activity and activity levels your rank. If you got high rank your earning will also get up.

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xIIImaL
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January 19, 2017, 11:07:49 AM
 #59

Absolutely, you can do that 52 weeks challenge by using bitcoin. You just have to save every earnings you gain in bitcoin. You should doubke it every week to pass the challenge. Signing in a campaign ads will helo you by just posting herecin our forum. Posting makes activity and activity levels your rank. If you got high rank your earning will also get up.

For all these steps we need to get place in any signature campaign and then after that we have to post good and constructive posts which is related to the quoting post. We need to complete the post counts which is maximum to get the full amount for the week. Then you save atleast half the amount after you utilized for your own expenses.

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January 19, 2017, 11:10:52 AM
 #60

saving is always a good option infact  its the best but less people choose that option because its not doing anything its like sitting in a chair and watching a brick whole day. ofcourse thats boring and yes thats easy too, you need a lot of pacients and i will suggest better do traiding becuase if you buy a cryptocurrency which is not going your excpected price soon then you can alternativly force yourself to save move because if you take that money then you will have to pay a little fine


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