Saving bitcoins

[n691309]

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?

There is no need to save the bitcoins in the bank, because it is not save 100% and from what I have seen (from movies) the police or anyother high institution has the right to check your bank account and if you have any deposit they have the right to go and check what you have (i.e in USB) and see that you have the bitcoin wallet, of course they can't access if you had encrypted or because of the seed but at least you won't have the right to access your money!

[iqlimasyadiqa]

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?

There is no need to save the bitcoins in the bank, because it is not save 100% and from what I have seen (from movies) the police or anyother high institution has the right to check your bank account and if you have any deposit they have the right to go and check what you have (i.e in USB) and see that you have the bitcoin wallet, of course they can't access if you had encrypted or because of the seed but at least you won't have the right to access your money!

This is a good choice, storing bitcoins in encrypted storage devices is a careful idea. Actually storing bitcoin in the cloud wallet is also a good thing, you can do various confirmation protection via e-mail or phone number to improve the desired security.

[Xenrise]

We personally don't know when bitcoin's value is going up or going low. But we know for a fact that there were experts saying that the price of bitcoin in 2018 will be this high. Some says it'll go higher as time pass by. And there was an article saying that the price of bitcoin will be $250k. Well that's nice. So start saving your bitcoins right now because the future of bitcoin is wide. We need bitcoin to save so that we can change btc to another currency. So save and have fun

[KesoNie]

For now I dont know of any banking transaction that works with bitcoin. The whole bitcoin concept is a threat to cash banking therefore if you still want to save in a bank vault then you need to convert your money into USD. But I recommend you hold on to the coin. With level of appreciation and depending on your local currency inflation you might gain more than expected in mo time

Bitcoin being used as an official currency will require a whole bunch of patience because the people in the higher class don’t really want to move their money unless they really have to. I am sure that those high class people get paid to have their money placed somewhere so moving it to Bitcoin would require a whole bunch of planning and calculations. 

im saving bitcoin for my future use, it is quiet helpful for me because I have no money and job right now so that bitcoin probably be my source of income now, im saving it in my online wallet i know that it will be save there because of its security and it has a many users here in my country and in fact my friends are using it too.

[Ichijou025]

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 dont think that there is a bitcoin bank right now or does it even exist? No one knows but maybe in the future bitcoin banks emerge.

[CarnagexD]

It will be difficult to come up with a correct answer, but for me I think the best thing is to link the amount of BTC in your account to Fiat and calculate the interest on a daily or weekly basis. The rise in BTC last year resulted in high default rate on BTCjam. Quality search need to be carried in the area to be successful

Yes that a good thing to do. When you going to save your money find a place where you can keep it and where you can get profit. Also make sure that it is in the safe place. Saving bitcoin is good especially for the things that you want to do and buy in the future.

[batang_bitcoin]

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 dont think that there is a bitcoin bank right now or does it even exist? No one knows but maybe in the future bitcoin banks emerge.

As of now banks are still into thinking and considering bitcoin to add to their deposit. But I have read somewhere here in forum that they are able to include bitcoin for their services but for saving they are not accepting bitcoin as they are scared of the risk as bitcoin is a decentralized crypto currency and they don't have control on it.

[Seeker01]

Saving bitcoin for me is really important for i know that it will help me to achieve my financial goal soon. Saving and investing in bitcoin is my way in earning some income while im busy doing some businesses. as the price of btc cotinue to rise im hoping that saving bitcoin today will make me rich in the future.

[BitcoinzB]

It will be difficult to come up with a correct answer, but for me I think the best thing is to link the amount of BTC in your account to Fiat and calculate the interest on a daily or weekly basis. The rise in BTC last year resulted in high default rate on BTCjam. Quality search need to be carried in the area to be successful

Yes that a good thing to do. When you going to save your money find a place where you can keep it and where you can get profit. Also make sure that it is in the safe place. Saving bitcoin is good especially for the things that you want to do and buy in the future.

Anywhere out of your wallet isn't 100% safe. If you want to place your coins somewhere where you can get profit, that's out of your hands and isn't a safe place to keep them but should rather be considered an investment. And as all investments it holds its risks which you should consider

[Chanock]

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?

Depositing bitcoin in the banks is one of the good idea but the deposit rate or percentage is depend on the bank you choose and your location. If you in the third world country the deposit rate less but the rate interest is much higher.

[ipungadhi]

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?

Until now there is no bank that received bitcoin, so we can not determine it
Maybe the system will be the same as doing the exchange. With actual rate

[calandra78]

Saving bitcoins for the future is always an great option as the price of bitcoin keeps on increasing over a period of time and its better to save bitcoin in wallet instead of saving money in banks as banks will pay limited amount of interest whereas the returns from bitcoin can exceed depending upon its price in future.

Save the bitcoin for the future I think it is better than storing it in the bank because if in the bank will pay a certain amount of limited interest in the bitcoin wallet if we keep it would be very beneficial in the future because the price of bitcoin higher and continued to rise in comparison to keep money in the bank. If we can collect more bitcoin the price obtainable in the future will be fantastic and very profitable.

[Nakakapagpabagabag]

Saving bitcoin is a good idea thank putting your money in back that less 1$ profit after many months while in bitcoin you can gain more than 10$ maybe/sometimes in just weeks. Just make a cold storage or wallet for banking some of your bitcoins. Its help a lot especially when time came that you need money for purpose.

[richminded]

Saving bitcoin for me is really a good thing, as the price goes up we can accumulate higher profit over time. History says it all, if you do save bitcoin years ago youre now a millionaire and i believe if you save bitcoin today, in the future youre a millionaire. history repeat it self specially in the trading market.

[Gaff]

I would definitely say saving bitcoins is the best because you can earn a lot no matter what circumstance though there are drops of rate or decreasing point. On the other hand, it also increases when there are investors who are getting more attracted to its value. Not all the time it has a stable rate yet it helps when there are many chances that the value rises. So that's why saving bitcoins is a good idea.

[Aztek]

It will be difficult to come up with a correct answer, but for me I think the best thing is to link the amount of BTC in your account to Fiat and calculate the interest on a daily or weekly basis. The rise in BTC last year resulted in high default rate on BTCjam. Quality search need to be carried in the area to be successful

Saving bitcoin is simply can do by holding your bitcoin to a wallet where you also monitor the price changes of the value of bitcoin. Then you can also set goals to make it easy for you to save bitcoin rather than using it on other thing like in games or gambling stuff. For me goals may help you to look up and save more bitcoin for the future purposes.

[boyptc]

Saving bitcoin for me is really a good thing, as the price goes up we can accumulate higher profit over time. History says it all, if you do save bitcoin years ago youre now a millionaire and i believe if you save bitcoin today, in the future youre a millionaire. history repeat it self specially in the trading market.

If you know the history of bitcoin from nothing it came now to something and that's why everyone is busy to hoard bitcoin. Once it reaches the supply limit that is going to make the price of bitcoin higher again and while it is still early, just keep on saving so in the end you won't regret that you didn't hold bitcoin while the price is low.

[Souldream]

We personally don't know when bitcoin's value is going up or going low. But we know for a fact that there were experts saying that the price of bitcoin in 2018 will be this high. Some says it'll go higher as time pass by. And there was an article saying that the price of bitcoin will be $250k. Well that's nice. So start saving your bitcoins right now because the future of bitcoin is wide. We need bitcoin to save so that we can change btc to another currency. So save and have fun

Bitcoin will be more good as time passes by. We all want that the bitcoin price will be more increase this year as expected. So keep bitcoin as long as you may able to save it. Bitcoin is a  good investment for all of us.save as you can for the future.

[aoluain]

Saving bitcoin for me is really a good thing, as the price goes up we can accumulate higher profit over time. History says it all, if you do save bitcoin years ago youre now a millionaire and i believe if you save bitcoin today, in the future youre a millionaire. history repeat it self specially in the trading market.

If you know the history of bitcoin from nothing it came now to something and that's why everyone is busy to hoard bitcoin. Once it reaches the supply limit that is going to make the price of bitcoin higher again and while it is still early, just keep on saving so in the end you won't regret that you didn't hold bitcoin while the price is low.

not only that but we are edging towards the next BTC halving
in approximately 3 years and 6 hours  which may or may
not have an effect on value, check out the site > http://www.bitcoinblockhalf.com/

but in my reckoning it should be something to save BTC for

should it be something to consider, what do you think?

[Mazt rhiezt]

Maybe storing bitcoin is the most fun and definitely useful for beginners now, but for beginners who are without capital certainly very difficult to collect bitcoin and menyimpanya it because of the need. The first thought in the mind of the beginner, of course, if bitcoin is in the grip directly in exchange for money and the results can be enjoyed, hopefully the dream of storing bitcoin can be obtained for beginners when bitcoin is on the throne this year.