Saving bitcoins

[Inkdatar]

Actually there is no bitcoin bank yet, if you want to save bitcoin you may save it in a wallet online. As bitcoin price right now is increasing high. For sure in the long run you will earn profit.

[CARrency]

Actually there is no bitcoin bank yet, if you want to save bitcoin you may save it in a wallet online. As bitcoin price right now is increasing high. For sure in the long run you will earn profit.

Well I think many saved their bitcoins, and with the last peak price of bitcoin, they sold their bitcoin. I think I can tell that because of the price of bitcoin, going down slowly again. Well, we can't blame them, it is really a big price pump, and it's almost double the normal price we've seen last month. I am again, saving my bitcoin, who knows, it may happen again.

[nasipadang]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

No bank receives bitcoin, if there are I think the possibility is the same as dollar bitcoin will be converted first to dollar may be easier because of the bitcoin value that fluctuates

[Wintersoldier]

The whole idea about bitcoins is to avoid using a bank. You shouldnt really want to take bitcoins that you own and then put them into some one elses trust. There arent any banks that do what i think your looking for but there have been companys that usually end up scamming you for your bitcoins. If you want to earn a percentage of the bitcoins you own then the current best way is just to buy and hold. You wont earn more btc this way but you more than likely will earn more fiat for every btc you own.

Saving bitcoin is a great way to earn but also consider on where you gonna save all your bitcoin. If you are going to save your bitcoin through a bank I am afraid that it is impossible for now because the legality of the bitcoin is not much open on government which they must manage bitcoin before it happens. And if the government will have the power to manipulate bitcoin it sure that corruption may exist and value, stock of bitcoin will be degrade. So its better to save bitcoin on a wallet where you are the one who will manage and control your bitcoin. And why not start an investment or trading for you to earn more.

[Vaculin]

Saving bitcoins is really a big investment.It's a preparation for our future.It would be a very big help to us if we save hundreds of bitcoin.

[bhadz]

Saving bitcoins is really a big investment.It's a preparation for our future.It would be a very big help to us if we save hundreds of bitcoin.

It is a big investment if you will have a decent amount of bitcoins on your wallet. Just like saving your money in the bank, the same thing in bitcoin which is  much better and profitable. The longer you will save bitcoins that more chance for you earn a lot and you will harvest it in the right time. Just keep on saving your btc's people.

[molsewid]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

For real where is your country is there any bank already that accept bitcoins? This is nice but since when? I know only bitcoin wallet can be a good to stock our bitcoin and wait for the bitcoin price to get up or to get more expensive by the time goes by.

[shamzblueworld]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

Why would you want to save your bitcoin in a bank? That takes away the purpose of bitcoin in the first place. If you just want to keep them safe, use a paper wallet or hardware wallet, even a desktop wallet would be more better option than a bank.
All you need to do is store your keys in a safe place and thats it.

[Seville]

no one saves bitcoins.. the best move is to trade them

[Doms]

no one saves bitcoins.. the best move is to trade them

Quite the contrary, actually. Saving has been one of the wisest moves a lot here has done, because saving is already equivalent to investing brought about by the rapid increase in the price of bitcoin. You can even see some who have been holding their bitcoins for at least two years and see how they have multiplied their assets in just a matter of time.

[Yutikas_11920]

Saving/keep bitcoin looks like stupid idea since bitcoin is decentralized and there's no point of using bank unless you need the features/services that offered by the bank.
Furthermore, bitcoin don't experience inflation but deflation, so it's impossible to get deposit rate unless you sell your bitcoin to other currency.

I think you can save or keep bitcoin even without banks.  Since the wallet itself serves as Bank for Bitcoin .  And putting your hardware wallet or paper wallet in bank is not affected by the inflation and deflation you are talking about.  You can save it as an important document or item in the bank for the added security and not as a currency.

That's the superiority of bitcoin. Where can we use or keep the money owned without the intervention of the bank always gives a fairly high fee to us when you are in it. But keep in mind, though we can as you wish to use or keep the money. Still should be careful in guarding it, because if not then it's all going to end up on one small mistake, but the impact is huge.Be someone who always keep the integrity and security of your account or your network if don't want to lose all of the funds
 
 

[Pattart]

I think banks are not yet accepting any bitcoin as a savings. the only thing we can do is to hold our bitcoin on our wallet, and wait till the price of bitcoin to increase. i believe in the future this thing will happen, as the demand for bitcoin are increasing.   

But I think there may still be an opportunity for banks to accept bitcoin or adopt bitcoin. Maybe the bank will provide certain conditions. Because I see the public interest in bitcoin. Maybe it can be used as a calculation for the bank

[deisik]

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

Why would you want to save your bitcoin in a bank? That takes away the purpose of bitcoin in the first place. If you just want to keep them safe, use a paper wallet or hardware wallet, even a desktop wallet would be more better option than a bank.
All you need to do is store your keys in a safe place and thats it.

And what is that purpose precisely?

I've seen it so many times mentioned but I have yet to see someone explain to me what this purpose actually consists in. If Bitcoin is a speculative asset (which it is), then the only plausible purpose that Bitcoin can serve is speculation, simply put, buying low and selling high (I guess that should be straightforward and evident). But since you mostly talk about storing Bitcoin in a safe place (i.e. not keeping them in your exchange account, let alone in a bank), it seems that you mean something entirely different. So what is it? What is the purpose of Bitcoin?

[Farma]

Storing bitcoin for now would be very useful, and looking at the current bitcoin price, it attracts me to buy a lot of bitcoin. But, nowadays, the bitcoin price is too high, and it makes me unable to buy it in large quantities.

[prass tyo]

Many users who do not believe in his money in the bank he just trusts his bitcoin and deposits bitcoin to the bank

[YuginKadoya]

Storing bitcoin for now would be very useful, and looking at the current bitcoin price, it attracts me to buy a lot of bitcoin. But, nowadays, the bitcoin price is too high, and it makes me unable to buy it in large quantities.

There are many people right now that are attracted with the price of bitcoin, and because of the value right now there have been a massive quantities of people are now in the communities and I think because of these many transactions right now that are unconfirmed right now on blockchain regards on the much higher fee's and I think I will not gonna buy bitcoin right now and would buy on certain Altcoins that are not pumping right now.

[Gastotade]

Saving bitcoins really helps me to become rich, I save almost 10BTC since last 2 years and now the price of bitcoin is too high. I don't need my job anymore.

[makolz26]

Many users who do not believe in his money in the bank he just trusts his bitcoin and deposits bitcoin to the bank

Why not? They are becoming profitable with depositing or holding coin in a certain wallet rather than putting in a bank which gives a lower rate and such a waste of time if you are aiming to earn. But, I would say that this time still many people are still trusting bank than putting all their money in bitcoin.

[Kelvinid]

I don't think saving bitcoins in a bank is safe,and i regret if they put on higher rate like dollars.So instead of saving in a bank,why not save in your own wallet.At least for sure your bitcoins are safe.

[jekjekman]

Saving Bitcoins for now is a very good thing to do in comes of investment your hard earned money. Because bitcoin price is going up as hell like there is no one can stop it. Lucky to those who hold their bitcoin ever since, it is now paying off.