Saving bitcoins

[DoublerHunter]

In my opinion, the bitcoin is not suitable for storing. We better use to invest in a cryptocoin project. If only saved it will get results but that is only a little. But if we invest into a project it will get a very large result. Especially with very large capital bitcoin. Storing bitcoin in a bank is not very suitable for me. Because there will be tax every month

I agree with you, we should invest our bitcoin so we can see that it can grows even up to x10 from its price. Bitcoin now is getting more expensive and investing in another coin project will boost our bitcoin amounts that can make us rich in just a short period of time because we are taking advantage of both volatility of bitcoin and the opportunity of different kind of investments.

[Catswold]

In my opinion, the bitcoin is not suitable for storing. We better use to invest in a cryptocoin project. If only saved it will get results but that is only a little. But if we invest into a project it will get a very large result. Especially with very large capital bitcoin. Storing bitcoin in a bank is not very suitable for me. Because there will be tax every month

Can you tell me which bank is allowing you to store your bitcoins in it? I haven't seen any bank that is accepting bitcoin at a moment and if you don't save your bitcoins now then you will surely regret in future when you will see much higher price of bitcoins.

[childish]

In my opinion, the bitcoin is not suitable for storing. We better use to invest in a cryptocoin project. If only saved it will get results but that is only a little. But if we invest into a project it will get a very large result. Especially with very large capital bitcoin. Storing bitcoin in a bank is not very suitable for me. Because there will be tax every month

Can you tell me which bank is allowing you to store your bitcoins in it? I haven't seen any bank that is accepting bitcoin at a moment and if you don't save your bitcoins now then you will surely regret in future when you will see much higher price of bitcoins.

i think there is no tax on bitcoin , bitcoin just need fees not tax
bitcoin isn't physical so tax relief
i saving bitcoin for invesment

[hovrah]

In my opinion, the bitcoin is not suitable for storing. We better use to invest in a cryptocoin project. If only saved it will get results but that is only a little. But if we invest into a project it will get a very large result. Especially with very large capital bitcoin. Storing bitcoin in a bank is not very suitable for me. Because there will be tax every month

Can you tell me which bank is allowing you to store your bitcoins in it? I haven't seen any bank that is accepting bitcoin at a moment and if you don't save your bitcoins now then you will surely regret in future when you will see much higher price of bitcoins.

i think there is no tax on bitcoin , bitcoin just need fees not tax
bitcoin isn't physical so tax relief
i saving bitcoin for invesment

The fact is that to date it is very important to save Bitcoin and at the same time, some of its money does not erase the crypto currency. It seems that the market of crypto currency will go up very well and we will see very good indicators in the near future. I think that each user will want to multiply his own state.

[saidhr20]

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?

bitcoin bank !! i have this idea too , but where could we store it ? in which wallet ? what about taxes ?

[cryp24x]

better to hold your bitcoin in your wallet when the right time only you exchange bitcoin in to dollars

I agree that it is best to hold your bitcoin if you are saving them.  We would never know when will the online or web wallet close if we leave our bitcoin in there.   As for saving Bitcoin, it is currently advisable to save bitcoin since bitcoin is bound to increase in price in the future during the market saturation.

[richminded]

Saving bitcoin is really my goal this year, for me this is the best time to buy more bitcoin because the price of bitcoin now are still cheap and i believe it will continue to rise high and by saving it today i know that it will make a lot of money for me in the future. so saving bitcoin is really worth it today.

[The_Dark_Knight]

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 give your bitcoin to a bank that have shown to not be trustable at all? Even if such a service were to be created I will never use it in any way, I prefer to have complete control of my coins, that is the vision of satoshi when he created bitcoin.

[CyberKuro]

People who are earning bitcoins in their spare time would be in good position to save their bitcoins for long term as they have fiat money which can take care of their expenses but those who are full time into bitcoins and it is the only source of income for them would find it very hard to save their bitcoins as they need money for their day to day expenses and in that case they need to sell their bitcoins often.

Certainly.  That is why I make it a point that I will always have earnings with bitcoins because having relying on my day job salary will only be used for needs.  I cannot save solely for that and bitcoin is a good way to have a savings. 

I just keep my bitcoin in my wallet and it is almost like saving.  I keep myself away from things that will make me encash my bitcoin.  If I will keep my bitcoin in my wallet I will be able to atleast make it grow.

Bitcoin is even better than saving,m when you save, you save in fiat that devalues every single minute of the day, bitcoin in the long term only does one thing, to go up, so by holding your bitcoin you are already investing in one of the financial projects with the most growth in the entire planet, it does not get better than that.

That's why I love to save bitcoin in my wallet, tried to secure it for long term. I didn't get how could Op stated to save bitcoin in bank ansld ask for interest, not even heard about such bank. People in this forum already said to save your bitcoin and hold your private key, if you don't have private key then you don't have bitcoin. Save bitcoin in an exchange isn't for long term obviously, you just use it for trading or in case to cash out into fiat currency.

[DoublerHunter]

People who are earning bitcoins in their spare time would be in good position to save their bitcoins for long term as they have fiat money which can take care of their expenses but those who are full time into bitcoins and it is the only source of income for them would find it very hard to save their bitcoins as they need money for their day to day expenses and in that case they need to sell their bitcoins often.

Certainly.  That is why I make it a point that I will always have earnings with bitcoins because having relying on my day job salary will only be used for needs.  I cannot save solely for that and bitcoin is a good way to have a savings. 

I just keep my bitcoin in my wallet and it is almost like saving.  I keep myself away from things that will make me encash my bitcoin.  If I will keep my bitcoin in my wallet I will be able to atleast make it grow.

Bitcoin is even better than saving,m when you save, you save in fiat that devalues every single minute of the day, bitcoin in the long term only does one thing, to go up, so by holding your bitcoin you are already investing in one of the financial projects with the most growth in the entire planet, it does not get better than that.

That's why I love to save bitcoin in my wallet, tried to secure it for long term. I didn't get how could Op stated to save bitcoin in bank ansld ask for interest, not even heard about such bank. People in this forum already said to save your bitcoin and hold your private key, if you don't have private key then you don't have bitcoin. Save bitcoin in an exchange isn't for long term obviously, you just use it for trading or in case to cash out into fiat currency.

Just save your bitcoins in a hardware wallet because they are the best wallet to store bitcoin for long term and storing it only in exchanges doesn't help us to secure our bitcoin and in fact, we are just risking our bitcoins for the possible hackers attack to the exchange that we are using to store our bitcoins. Saving bitcoins is the best for the people who want to be rich but we need to make sure that our bitcoins are safe.

[BitcoinPC]

You can't do that right now, because there is no real bank operating in the bitcoin field, and considering how tricky it is to lend bitcoin even for a bank it would be a much lower interest (if a bank ever offers opening accounts with BTC as a base currency).

Yeah, no any bank deal with bitcoins. Actually bank can't save the bitcoins. It is a difficult to explain and bitcoin is not creating for bank saving. We have a easy way, like wallets we could easily save our bitcoins into our wallet and also bitcoin price has self increase then why we think that we deposit our bitcoins into bank and get profit from it? Only hold the bitcoins into wallet and get profit from it.

[mastadonballs]

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 don't think if there are any Bitcoin bank now neither online nor real life so that you can find another way to save your Bitcoin. Maybe you should try "Cold Storage", it's really a way to store your Bitcoin for long time, if it's the way you are asking for.

[Rufsilf]

This is what i'm doing right now i am currently saving bitcoin and also other coins like litecoins because i believe that if bitcoin will die then litecoin will be the next bitcoin because of almost the same features of litecoin in bitcoin. Bitcoin and litecoin is like gold and silver so having them in my investment for long term is a good view to see for me.

[richminded]

I think banks dont accept bitcoin as your saving however theres a wallet that you can use to save your bitcoin, this is what im doing right now i am saving bitcoin today, working hard to accumulate more bitcoin because i know the price of bitcoin will continue to rise high in the future, today is the best time to save more btc.

[xskl0]

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.

It's not sad, an online wallet as Xapo is like a  bank and hardware wallets are better than banks. Bitcoin can make banks obsoletes and it's not a  bad thing.

[Core.BUSTER]

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.

Actually, there are still no banks who accept bitcoin as deposit of their client. I think if you want to save your bitcoin just put it on your online wallet to keep it safe and secure. Saving bitcoin will help to sustain all your need in the near future. In addition to that, I also agree that by holding bitcoin will help you to make a good profit.

[madwica]

Saving bitcoin is one of the best method to make us rich in the future. But much better if you try all the earning methods of bitcoin while you are saving bitcoin you do collecting more bitcoin to make more profit in the future.

[HeRetiK]

I think if you want to save your bitcoin just put it on your online wallet to keep it safe and secure.

If you want to save your bitcoins don't put them in an online wallet. Use a software wallet such as core or electrum. Or better yet, use cold storage or a hardware wallet. They are not your coins if you don't have the private key.

[Vohoanghiep111]

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?

Please show me which bank accepts you to keep or to save. Therefore, you can only save Bitcoin in your wallet

[mornabo]

This is what i'm doing right now i am currently saving bitcoin and also other coins like litecoins because i believe that if bitcoin will die then litecoin will be the next bitcoin because of almost the same features of litecoin in bitcoin. Bitcoin and litecoin is like gold and silver so having them in my investment for long term is a good view to see for me.

Not a problem to do a backup plan, it is possible bitcoin lost prestige someday with other crypto currency. So it's great if you keep another coin. But I do not think litecoin is so potential. If I choose I prefer to keep the etherum just in case