Bitcoin saving

[Yatsan]

Saving bitcoin is one of the greatest investment because when you save it for a years the price will double or triple just like the past happenings that the bitcoin price is increasing every year since it started so I think saving bitcoin is good for stake holder or even small time that is holding 1 bitcoin and up because they will benefit for it.

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[Rajchandu]

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.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

[posternat]

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.

Time will come those issues of bitcoin will be solve,, and bitcoin have a great future, maybe it is good to consider since it is your money to invest on, but then do not worry much about that because this issue will not last.

[zidanw]

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).

investment is not just a silence to profits if you people in silence without doing anything after investing it's not worth if you want to invest bitcoin because fluktuatif. it would be better to invest in gold

[Pattart]

Saving bitcoin is one of the greatest investment because when you save it for a years the price will double or triple just like the past happenings that the bitcoin price is increasing every year since it started so I think saving bitcoin is good for stake holder or even small time that is holding 1 bitcoin and up because they will benefit for it.

This is true of the easiest investment ever bitcoin great addition to the potential that you will profit you only need to save your fiat money to bitcoin

[Nevis]

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?

Me myself i do the 52 weeks money saving challenge in my own, i save my daily allowance for straight 52 weeks and earned almost 400$ through it.And i think it will work too in process of bitcoins and maybe alot more than you expected because bitcoins price is changing from time to time high to low and low to high so if you added at the right time there is a huge amount increase in your savings

[Qartada]

The 52 week challenge is a terrible idea for Bitcoin because the price is so volatile.  You just need to get in as early as possible with the money that you can afford (as soon as the price is at a reasonably low point like now).

[batang_bitcoin]

The 52 week challenge is a terrible idea for Bitcoin because the price is so volatile.  You just need to get in as early as possible with the money that you can afford (as soon as the price is at a reasonably low point like now).

Well yeah, the price now seems to be higher and doing it with bitcoin instead of fiat is more of a challenge. But if you do have stable source of income in bitcoin and will try this out for sure you are going to get a lot of profit in the end after saving. Doing this at lower price of bitcoin isn't going to happen now and in the future.

[Harlot]

52 week challenge is more focus on saving rather than gaining something in return. Personally I would pick Fiat Currency if saving money is the case because I would not worry at all about volatility also if I would be doing the 52 week challenge with Bitcoin and when the prices is getting high I would be forced to convert my Fiat into Bitcoin just to cope up with the challenge making it not efficient as I would be buying Bitcoin that time at current market price whether it is down or not. Well to summarize my answer to your question the quick answer to your question about "saving" then obviously Fiat currency is the best compared to Bitcoin.

[pseexh]

52 week challenge is more focus on saving rather than gaining something in return. Personally I would pick Fiat Currency if saving money is the case because I would not worry at all about volatility also if I would be doing the 52 week challenge with Bitcoin and when the prices is getting high I would be forced to convert my Fiat into Bitcoin just to cope up with the challenge making it not efficient as I would be buying Bitcoin that time at current market price whether it is down or not. Well to summarize my answer to your question the quick answer to your question about "saving" then obviously Fiat currency is the best compared to Bitcoin.

I do not agree with you. In some countries, the national currency has become very depreciated. Therefore, there will be crypto currency. Bitcoin is not subject to inflation, so for some it can be a convenient base for saving assets

[blackhawkeye1912]

Never try this challenge but I can say this, bitcoin will drop down not for much, and after that will raise up. So you can save some bitcoin and fiat money now and when the time is right you will buy in a low price, you will see the price and then you will sell high

Well, your right with your thought about in bitcoin, ti was dropped last week at 900$ plus something but now it now calming to every bitcoin lovers because its bit recovered now at 1161$ the value of bitcoin at the present. However, I also never try that challenge as the mentioned above.

[pinkpanther03]

yes, why not  save bitcoin for the future. Beside buying it then hold for a long term will really give us a big profit after a years of waiting to sell it at the higher price value.

[andrew24p]

I just looked at that challenge, it is interesting, but I am lucky enough to have no life so I save a lot

[nethan1btc]

Bitcoin saving idea will be a profitable way of handling your digital currency, because in time price will reached higher you can sell your holding and good income will be on your wallet balance. Holding a bitcoin for a long period of time is better investments to have if you are at an investment of your money, even you have fiat cash it's still awesome to have.

[Yakamoto]

52 week challenge is more focus on saving rather than gaining something in return. Personally I would pick Fiat Currency if saving money is the case because I would not worry at all about volatility also if I would be doing the 52 week challenge with Bitcoin and when the prices is getting high I would be forced to convert my Fiat into Bitcoin just to cope up with the challenge making it not efficient as I would be buying Bitcoin that time at current market price whether it is down or not. Well to summarize my answer to your question the quick answer to your question about "saving" then obviously Fiat currency is the best compared to Bitcoin.

I do not agree with you. In some countries, the national currency has become very depreciated. Therefore, there will be crypto currency. Bitcoin is not subject to inflation, so for some it can be a convenient base for saving assets

It doesn't really matter whether or not the national currency is decreasing in value by a lot or a little, anything but a very small change is something that shouldn't really be acceptable for the average person. It takes away from their existing wealth and devalues work. Anything that takes away the fiat value and puts it into something that at least grows along with inflation is a good thing, and cryptos just happen to be pretty good at being relatively good investments, as long as time and care is taken.

[BeGoods]

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.

That's the privilege of bitcoin. you just need to keep it in your wallet and you will benefit from a significant price increase.

[ufaiz50]

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.

That's the privilege of bitcoin. you just need to keep it in your wallet and you will benefit from a significant price increase.

the possibility that there may crash when you need the money and want to sell bitcoin at the same time bitcoin price is fall. I think if you want to make bitcoin as an investment with way rebuy and sell if the price rises and while watching the bitcoin prices.

[btcjoin14]

Building up the amount of Bitcoin in your portfolio is the correct thing to do if you want to earn more money. Bitcoin is pretty easy to lose because most of the people that hold them like to try to trade them within Altcoin exchanges and gambling websites. They usually lose their Bitcoins when they do that and then they complain that they have no money or can't get any money.
Keeping an offline Bitcoin wallet is a really easy method to building the amount of Bitcoin in your wallet.

[Maslate]

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.

That's the privilege of bitcoin. you just need to keep it in your wallet and you will benefit from a significant price increase.

the possibility that there may crash when you need the money and want to sell bitcoin at the same time bitcoin price is fall. I think if you want to make bitcoin as an investment with way rebuy and sell if the price rises and while watching the bitcoin prices.

That's how you do it, take chance of making money when the price is dumping because in due time it will rise again. This is the normal trend of bitcoin and if you read the news there are really no serious reason why it dump, it's just some people with great volume are making some FUD to make the weak hands panic and sell.

[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.

That's the privilege of bitcoin. you just need to keep it in your wallet and you will benefit from a significant price increase.

the possibility that there may crash when you need the money and want to sell bitcoin at the same time bitcoin price is fall. I think if you want to make bitcoin as an investment with way rebuy and sell if the price rises and while watching the bitcoin prices.

That's how you do it, take chance of making money when the price is dumping because in due time it will rise again. This is the normal trend of bitcoin and if you read the news there are really no serious reason why it dump, it's just some people with great volume are making some FUD to make the weak hands panic and sell.

Thats why we should really be vigilant on checking the price of bitcoin if it suddenly drop or pump because on those situation thats the time we could able to make money out of those movements and chances of buying cheap coins is very hard nowadays considering the current price of bitcoin.