Bitcoin saving

[naidray]

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

In long term perspective you never need to worry about current situations of bitcoin, you can ignore them and you can concentrate on saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.

It may seem other investments are profitable right now. But I believe they are only for time being and you never could expect long term good returns from them. But, bitcoin will always ensure good returns in longer haul.

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[KingdomHearts]

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 believe saving with bitcoin will work in that 52 week challenge.  Forget about saving fiat currency since it is destined to depreciate.  With Bitcoin there is an option for you to appreciate or even double in figure if it performs well in the market.  Even with this blocksize debate, peopel will get used to it and eventually focus on the good thing of Bitcoin.

Yeah and bitcoin saving is always good as the value of bitcoin keeps in increasing over a period of time so if we save good amount of bitcoins then in future it can give us best results as everyone is hoping to see much higher price of bitcoins in future.

yeah saving bitcoin is very much profitable for the future of bitcoin because bitcoin increasing its price more by more and its very profitable way to grow up your bitcoin and make a big profit from bitcoin.

[bitbob82]

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

In long term perspective you never need to worry about current situations of bitcoin, you can ignore them and you can concentrate on saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.

It may seem other investments are profitable right now. But I believe they are only for time being and you never could expect long term good returns from them. But, bitcoin will always ensure good returns in longer haul.

to me i like long term investment, as long term investment is a safe investment as there are very little chances to lose money, while in short term investment there are always chances to lose your money in shot term investment and specially if you do not have any experience in short term investment.

[PokerFace3]

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

In long term perspective you never need to worry about current situations of bitcoin, you can ignore them and you can concentrate on saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.

It may seem other investments are profitable right now. But I believe they are only for time being and you never could expect long term good returns from them. But, bitcoin will always ensure good returns in longer haul.

As safe as it seems to just save bitcoin and forgot about it for a while until you come back and reclaim your profit from it, but ignoring the fact that right now and in the current situation and the problems that the bitcoin is facing the price may change constantly so you may have to keep an eye on the market and pick the right time to sell otherwise you will be waiting for ever.

Saving bitcoin for long haul had become possible for some people who had forgot it completely. Those who are keeping on checking about the price levels might had taken improper decisions out of curiosity.

[mace15]

I never tried this challenge, but in me I save bitcoins for a percent only not all of money. I still would choose to save into fiat as this could not go into regret later. Bitcoin is volatile price its a risks to save your money.

[markisanon2434]

I think whats holding bitcoin back is the transaction delay caused due to the block hitting its maximum capacity. If the community comes at a consensus and fix this issue, we can see massive appreciation in the value of bitcoin. And it is always a best idea to slowly add bitcoin every month to your long term investment.

[citywise2]

Yes bitcoin however will not

 fall down more than this now.
I think after the debate among the china experts bitcoin will rise more again.
So i will not get any fear in saving my bitcoin. Even though it reduced yet it still have value than other currencies.

[FasTroy]

I never tried this challenge, but in me I save bitcoins for a percent only not all of money. I still would choose to save into fiat as this could not go into regret later. Bitcoin is volatile price its a risks to save your money.

You are right, We have all right to fear of bitcoin price, Maybe will fall in next years. So you are right if you want to convert some of your profit in fiat and save them.
Anyways, For me i will save 80% of my weekly income of btc. Because i trust bitcoin and i feel that the price will go to the moon in few years later.

[PetroffVany]

I never tried this challenge, but in me I save bitcoins for a percent only not all of money. I still would choose to save into fiat as this could not go into regret later. Bitcoin is volatile price its a risks to save your money.

You are right, We have all right to fear of bitcoin price, Maybe will fall in next years. So you are right if you want to convert some of your profit in fiat and save them.
Anyways, For me i will save 80% of my weekly income of btc. Because i trust bitcoin and i feel that the price will go to the moon in few years later.

I like you believe in bitcoin. And that's why I have a plan to save a few coins for a long time. I, too, am almost certain that this will give me a chance to multiply my investments

[rajasumi3]

well i will say that you should always sell your bitcoins so that the trade always runs. there may be a possibility that the price of bitcoins may suddenly go down , other wise it can happen in you country that bitcoin is totally banned. then what will you do>?

[Rajchandu]

saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.yeah saving bitcoin is very much profitable for the future of bitcoin because bitcoin increasing its price more by more and its very profitable way to grow up your bitcoin and make a big profit from bitcoin.

[TheRealSheep]

I think it is a good idea to save some bitcoins every week, and i think in the long run you are definitely going to get more out of it than with fiat.

[Creepings]

I dont really love to save because I am not helping bitcoin to be a successful digital currency, I am usually using bitcoin as my primary source of my payment on my bills, sometimes I also use it to top up some load. I save sometimes but when I reach the amount that I want, I really use it and buy that thing I desired.

[ethereumhunter]

saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.yeah saving bitcoin is very much profitable for the future of bitcoin because bitcoin increasing its price more by more and its very profitable way to grow up your bitcoin and make a big profit from bitcoin.

i think we don't have to just saving bitcoin only, but we should use and spend our bitcoin to help and support bitcoin itself. without we spend our bitcoin, then we don't help bitcoin like other people. but yes saving bitcoin for now is a good time as from time to time, we know that the price of bitcoin will increase and in that time, we can sell our bitcoin to get much of profit.

[Japinat]

saving more bitcoins. Because neither of hard fork or soft fork will not impact bitcoin prices in long term, as this community will find solution after some period of time and hence we can expect prices to continue its rally.yeah saving bitcoin is very much profitable for the future of bitcoin because bitcoin increasing its price more by more and its very profitable way to grow up your bitcoin and make a big profit from bitcoin.

i think we don't have to just saving bitcoin only, but we should use and spend our bitcoin to help and support bitcoin itself. without we spend our bitcoin, then we don't help bitcoin like other people. but yes saving bitcoin for now is a good time as from time to time, we know that the price of bitcoin will increase and in that time, we can sell our bitcoin to get much of profit.

Seeing a good volume in circulation will be a big help for our investment but we should not worry if we will not spend because I'm pretty sure more people are willing to spend that to save and hold their bitcoins. Let us just focus on what we want to achieve as people have different interest but we who choose to invest and hold our bitcoins are wiser people who will eventually be rewarded when bitcoin will continue to progress as time passes.

[Devboy]

I dont really love to save because I am not helping bitcoin to be a successful digital currency, I am usually using bitcoin as my primary source of my payment on my bills, sometimes I also use it to top up some load. I save sometimes but when I reach the amount that I want, I really use it and buy that thing I desired.

Same here, everytime spend bitcoin to meet up my desired. Saving bitcoin actually a good practic,  you may earn profit a long duration hold your bitcoin. Try to save but in eand could not control my hand to buy it with my native fiat.

[staceyoh]

I think saving bitcoin is a good idea.
Because when you save bitcoin it is
like an investment that you can use
when you need it.

[Zadicar]

I think saving bitcoin is a good idea.
Because when you save bitcoin it is
like an investment that you can use
when you need it.

Its really a good idea to save bitcoin for the future and yes it is a good investment and there are lots of users of it do treat it as an investment but we should not fully rely on it because there are instances that prices might crash in the future thats why we just save or buy only the amount we can afford to lose up.

[fitty]

I think saving bitcoin is a good idea.
Because when you save bitcoin it is
like an investment that you can use
when you need it.

Its really a good idea to save bitcoin for the future and yes it is a good investment and there are lots of users of it do treat it as an investment but we should not fully rely on it because there are instances that prices might crash in the future thats why we just save or buy only the amount we can afford to lose up.

Yeah, even though Bitcoin is a great investment, you should not put all your money in it because we all know that Bitcoin is very volatile and weak. Its price can be easily manipulated by the Whales and if they want to dump that in an instant, they can. Also, I believe in the saying that "Don't put all your eggs in one basket". Try to find another investment that would surely give you a decent amount of profit. In this case, you can minimize the effect of loss in case Bitcoin is destroyed (which is impossible to happen).

[megynacuna]

At the moment there is some issues that make bitcoin a bit unstable to even consider think to save at bitcoin while this issue of possible split ends, because looks like this will really affect bitcoin. I am now considering to invest into some other altcoin while this question isnt over yet.

That's why you'd need to take chances, would you rather believe in an Altcoin than Bitcoin? I don't think anything much will change even if those issues are resolved or a split ensue. Bitcoins that wil be dumped in case of any major decisions will be bought up again by different people and the demand would be created again.