Saving bitcoins

[EXtremeAEX]

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?

Its sad to say but there are no bitcoin banks existing online. If you want to earn then just hold your bitcoins in your wallet and wait for an inflation. That way you will get more profit out of your investment. The only way to  save in banks is to convert your bitcoin into fiat currency and then deposit it on banks. But holding bitcoin is much profitable than savings on bank.

I agree with you. If we exchange bitcoin into fiat currency and deposit it to the bank. If holding bitcoin may be good. But the price of bitcoin fluctuates.

You are right. Treat Bitcoin as an investment and not like a fixed asset. I would suggest only to buy Bitcoins that you are willing to lose, depositing cash in the bank is still safer, low risks, but possibly lower returns if Bitcoin price goes up.

Save money, and set some money aside for Bitcoins too.

[zarintasnim]

Bitcoin savings on is difficult. They have no fiat to reserve bitcoin on volt. Not only bank but also  government  don't permission to saving it. Bank have not exact interest calculation for bitcoin. You should saving bitcoin in your wallet and bitcoin price will be higher this is more profitable for you.

[saenko]

Bitcoin savings on is difficult. They have no fiat to reserve bitcoin on volt. Not only bank but also  government  don't permission to saving it. Bank have not exact interest calculation for bitcoin. You should saving bitcoin in your wallet and bitcoin price will be higher this is more profitable for you.

What's so difficult about keeping bitcoin in your purse? I do not see any difficulty in this. On the contrary, it is easier than storing assets in a bank. And it's much safer than a bank

[Rinder]

Im trying to let the signatures earning for saving purpose, but the altcoins are making me get insane soo i do hold the bitcoins and see an opportunity to invest and maybe get a decent profit with them. But for me the hardest thing is to ignore altcoin market, but i do believe i will be able to achieve my goal that is saving a big part of my coins.

[takingthis4]

Every minute, every day and every year bitcoin's price get change rapidly, but I think it's price get increase when some country and people accept bitcoin as a payment of their sevices and goods, so better now to save bitcoin from legit wallet account and make some investment, not convert it into cash.

well overall the price of the bitcoin definitely increases and will increase a lot in the future, thus making people tons of money. The adoption at the moment is massive and it will be only bigger in the future. That's why you should save bitcoins if you want to make money in a longer run. I used to save it as well, but unfortunately I sold it all at like 1500 dollars, now waiting for the price to go down.

[mornabo]

I think i never heard that bank accepting bitcoin. Maybe in next next years, some bank are able to accept deposit of bitcoin. Therefore their is bitcoin wallet that save or deposit it in the wallet so you can save and stock it for years.

If bitcoin can be safe on bank , I think it will broke decentralized paradigm as bitcoin already achieve.
If bank able to save bitcoin, it means that you're give your goverment controlling your bitcoin 

Yeah even though it destroys decentralization but is not it in bitcoin every user is free to do anything on his bitcoin, and they are free to save where? Including in bitcoin bank?

[Pettuh4]

Of course it's better to save Bitcoin now than ever but you should have a well thought out plan as to how much and how long you want to grow your investments in Bitcoin and I'm sure you'll be fine as you watch your investments yield the necessary dividends.

[lllaqpt]

I've been putting off the bitcoins for a long time. I plan to keep them for 5-10 years. Well, maybe I'll have to sell them sooner. Everything depends on my life situation and bitcoin prices in the coming years

[xvids]

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?

I think there is no such thing as bitcoin bank,
And if you ever deposit your bitcoin in a bank I think you should convert it to fiat first.

[cybersofts]

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?

With Bitcoins you don't need any bank to save your bitcoins, just save your bitcoin in an online wallet service like Xapo or Blockchain - It's free!

[AUDREY23]

In this case I've never heard of anyone storing bitcoin in a bank, maybe until now there is no bank that received bitcoin as an investment

[DZU1410]

In this case I've never heard of anyone storing bitcoin in a bank, maybe until now there is no bank that received bitcoin as an investment

Such banks already exist. I read about this in the news a few months ago. But is there a need to use these banks? You can simply store coins in your wallet. I'm doing this

[szpalata]

I've been putting off the bitcoins for a long time. I plan to keep them for 5-10 years. Well, maybe I'll have to sell them sooner. Everything depends on my life situation and bitcoin prices in the coming years

Did you mean you've been stocking up bitcoins and intend saving for 5-10 years? That's the best option if you want to invest in bitcoins, you should at least have a long term plan of 5-10 years for it because Saving is the best way now .

[batang_bitcoin]

In this case I've never heard of anyone storing bitcoin in a bank, maybe until now there is no bank that received bitcoin as an investment

There no bank in your and my place but there are some articles and news that there are now banks that are ready to accept bitcoin and included bitcoin to their service. I just forgot that news but I just searched it out again and here's the result https://www.business.com/articles/digital-bank-wb21-is-accepting-bitcoin-deposits/

[De Suga09]

I have no Idea where bank companies that accept bitcoins.But when I search it and according to articles and news.Some banks where already accepting bitcoins and which is good for bitcoiners

[foxbat]

This topic is too old, I found it was written a long time ago, although it was of great interest, but I think it is not appropriate to continue to discuss, there is a similar and similar subject, they are We can freely discuss there, do not make threads that are old in the first page.

[orpel]

I believe it is only a matter of time until one the cryptocurrencies projects will deal with this specific problem somehow.
It will probably look different than the banks we are familiar with but I'm sure if the rise of prices will continue and the spread of the blockchain and cryptocurrencies world will become more of a thing to the 99% it is just a matter of time.

[hinatashoyou]

There is no point in us saving bitcoin in the bank, other than we will get taxes we have to pay administration fees every month, if we menyimpanya in the wallet online or the other monthly administration fees and taxes we do not need to pay.

[MetalGear]

Saving bitcoins is the best in coins. ph it is an app which serves as a wallet of the bitcoin. with the coins.ph your bitcoin is safe and it is proven to be legit and it is not a scam. Saving bitcoins is useful because there will be times that the value of the bitcoin will increase.

[stromae]

You actually do not need a third party software to save bitcoins. Just create a safe bitcoin wallet and start collecting bitcoin by purchasing from the exchanges or trustful people around you.