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Author Topic: Do you save bitcoin for fun or for future purpose?  (Read 204057 times)
MinerHQ
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March 30, 2017, 02:43:25 PM
 #461

Saving for the future is a good idea, but you need to sell them when the price of bitcoin increases. Because nobody doesn't know what will be the price of bitcoin in future, so buy bitcoin when it is low and sell them when it was at a high price.
I think for the best way, we can buy now at the cheapest price then we hold it for future.
Or if we are know and master in trading we can trying to trade some altcoins which profitable coins.
Certainly, saving Bitcoin for future is a good way to grow our money.
The price again started to increase, the cheapest price means now below 900$. When the price goes below 900$ that is the best time to buy Bitcoins. Since last 6 months, the traders got good business. I think they made a huge profit in trading. But now it's not a good time to buy coins, if you are looking for small profit you can, if you are looking for big profit let's wait for some time the price may go down.
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March 30, 2017, 03:10:24 PM
 #462

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

Unfortunately I can't afford saving all my coins, I have to spend more than 50% I earn each month to pay bills. But nevertheless, since I don't spend 100%, I save too. The main reason I hold as much as I can is that I believe that Bitcoin will cost much more in the future and that spending it now is stupid, unless there is no other choice.

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March 30, 2017, 03:16:10 PM
 #463

I saved my bitcoin for future purposes im taking i.t this coming semister i really want to have diploma to use that in the future as well, Bitcoin is helping me to do that to earned and to saved money from my activities in signature campaigns and in tradings Bitcoin is a big part of my life that change a lot in me.
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March 30, 2017, 08:02:21 PM
 #464

I would like to consider it as fun because i really cannot see or feel the asset but can view it ,but it does have series monetary valuation and so i would use it as an asset as well for my future and hope it will make some changes in my life and the price grows from this valuation.
maybe you'll get bored when using bitcoin only for investment then just hold bitcoin. using bitcoin for fun occasionally may make you do not get bored. so it was a good idea
This is true, while investing, trading and saving are necessary to safeguard our future, we need to understand that we also need to use our money to have some fun once in a while, after all money is supposed to be used for our benefit and having fun benefits us.

That's right but if you are earning both in fiat and bitcoins then I think you can have fun with fiat money and bitcoins should be saved for the future as the price of bitcoin will go higher in future so its better to have more amount of bitcoin at that time.
I suppose all of us have that option since it makes more sense to save in bitcoin than in fiat since in fiat you get ridiculous interest rates like 1 or 2 percent a year when in bitcoin  you can get a lot more than that in less than a month even with the high variance of the price.

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March 30, 2017, 08:22:27 PM
 #465

I would like to consider it as fun because i really cannot see or feel the asset but can view it ,but it does have series monetary valuation and so i would use it as an asset as well for my future and hope it will make some changes in my life and the price grows from this valuation.
maybe you'll get bored when using bitcoin only for investment then just hold bitcoin. using bitcoin for fun occasionally may make you do not get bored. so it was a good idea
This is true, while investing, trading and saving are necessary to safeguard our future, we need to understand that we also need to use our money to have some fun once in a while, after all money is supposed to be used for our benefit and having fun benefits us.

That's right but if you are earning both in fiat and bitcoins then I think you can have fun with fiat money and bitcoins should be saved for the future as the price of bitcoin will go higher in future so its better to have more amount of bitcoin at that time.
I suppose all of us have that option since it makes more sense to save in bitcoin than in fiat since in fiat you get ridiculous interest rates like 1 or 2 percent a year when in bitcoin  you can get a lot more than that in less than a month even with the high variance of the price.

I completely agree. In bitcoin, our assets are not depreciated and every month they increase. This is why I convert all my free funds into bitcoin
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March 30, 2017, 09:12:18 PM
 #466

I save bitcoin for the both of them: Saving for future purposes and saving for fun. I save money so I can enjoy myself later, spoiling myself to things that I dont have right now, like PS4 or XBOX. It may also help me pay my bills in the future so I gotta keep it.

Well, the more bitcoin I save, the merrier because I also want to invest, maybe in some gambling sites or business that may came up, who knows right, there are a lot of possibility that may be done using bitcoin.

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March 30, 2017, 09:37:25 PM
 #467

I save bitcoin for the both of them: Saving for future purposes and saving for fun. I save money so I can enjoy myself later, spoiling myself to things that I dont have right now, like PS4 or XBOX. It may also help me pay my bills in the future so I gotta keep it.

Well, the more bitcoin I save, the merrier because I also want to invest, maybe in some gambling sites or business that may came up, who knows right, there are a lot of possibility that may be done using bitcoin.

I do not gamble, but I spend some of the bitcoins on all sorts of pleasures. The bulk of bitcoins are my long-term investments and I will not spend them for several years
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March 30, 2017, 10:20:35 PM
 #468

Saving only means one thing.  It is for future usage.  So I save my Bitcoin for future usage since I believe that Bitcoin will definitely increase in price in the future.  There are some exaggerated speculation that it will reach 1 million dollar a piece but for me 10k dollar is enough to tell myself I have done well in saving Bitcoin.

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March 30, 2017, 10:56:50 PM
 #469

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

Yeah because I think bitcoin is very good investment due to its high value in the market now. It keeps going strong as time passes by and keeps its name above other coins.

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March 30, 2017, 11:33:56 PM
 #470

Saving for the future is a good idea, but you need to sell them when the price of bitcoin increases. Because nobody doesn't know what will be the price of bitcoin in future, so buy bitcoin when it is low and sell them when it was at a high price.
True it is a strategy that I do. the future no one knows right? so when prices rise and the opportunity comes I will sell my bitcoin and wait for the price gain dropped to be able to buy again
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March 31, 2017, 12:25:10 AM
 #471

I think most of bitcoin users saved for our future, we work hard to get huge amount of satoshi/bitcoin. And i feel we have a good future in bitcoin community this is the best extra income i have than other i tried. And now i encourage some of my friend to do what i do for their future also.

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March 31, 2017, 06:06:03 AM
 #472

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
Im saving bitcoins to give my family a secured future.I have a dream to join the 21 BTC group.I hope when my son grows up,at that time,bitcoin price would be much more and it would be useful to shape his future better.
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March 31, 2017, 07:16:14 AM
 #473

I don't save my bitcoin just for fun. I want to help my mother for building our new house because we really need to transfer soon. I know, through bitcoin saving, I can contribute by sharing my funds even a little but for me its already a big help and I want my family to be proud of me that's why I really work hard and spend more time here.

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Celsiuss
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March 31, 2017, 08:41:46 AM
 #474

I save them for fun, but I can't save them for too long since I always tend to use them. For some reason my Bitcoins mysteriously go from my wallet and into a gambling website. Really weird, then not much later they're gone from the gambling website and there goes all my bitcoins.

who cares
Restmand
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March 31, 2017, 08:50:38 AM
 #475

For future purpose of course, because saving bitcoin for a long time means a investment for future. because for my speculation the bitcoin is getting popular these days in the effect the value of it is getting higher and higher and in my observation it is better to save bitcoin than to spend it. Saving it for future will help me to have a good headstart when I graduated college.
OrangeII
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March 31, 2017, 08:52:23 AM
 #476

I keep bitcoin goal for today, which is to make my future better. Well, maybe I can make some business with the result that I did during this time with bitcoin. well, I think this is a great opportunity for me, in order to collect the BTC / money as much for the future.


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tabas
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March 31, 2017, 09:42:14 AM
 #477

Yes I'm actually saving my bitcoin for future purposes and not just for fun. Because I believe that it is going to give me fortune after waiting the price to increase. And as of now, even though there are times that I need some cash, I don't intend to sell some of it because I want it to be solid profit when the right time comes.

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CraigWrightBTC
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March 31, 2017, 09:49:49 AM
 #478

Saving for the future is a good idea, but you need to sell them when the price of bitcoin increases. Because nobody doesn't know what will be the price of bitcoin in future, so buy bitcoin when it is low and sell them when it was at a high price.
True it is a strategy that I do. the future no one knows right? so when prices rise and the opportunity comes I will sell my bitcoin and wait for the price gain dropped to be able to buy again
It is mean we make investments on bitcoin for short and it is my strategy too,
usually I traded altcoins I could made profit from buy and sell altcoins
with this way my bitcoin growing up although little by little
because not all of trading could made profit and sometime I must stop lost.
FlightyPouch
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March 31, 2017, 09:56:23 AM
 #479

I save bitcoin for the both of them: Saving for future purposes and saving for fun. I save money so I can enjoy myself later, spoiling myself to things that I dont have right now, like PS4 or XBOX. It may also help me pay my bills in the future so I gotta keep it.

Well, the more bitcoin I save, the merrier because I also want to invest, maybe in some gambling sites or business that may came up, who knows right, there are a lot of possibility that may be done using bitcoin.

I do not gamble, but I spend some of the bitcoins on all sorts of pleasures. The bulk of bitcoins are my long-term investments and I will not spend them for several years

I don't really gamble too, I just said that I want to invest on some gambling sites or casinos but I do not really gamble, I just do it for some free time and entertainment. There are a lot of investors that say that they are earning some profits from these gambling sites or casinos. I also want to try investing in these gambling sites or casinos.

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simpler2016
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March 31, 2017, 12:19:23 PM
 #480

I save bitcoin for the both of them: Saving for future purposes and saving for fun. I save money so I can enjoy myself later, spoiling myself to things that I dont have right now, like PS4 or XBOX. It may also help me pay my bills in the future so I gotta keep it.

Well, the more bitcoin I save, the merrier because I also want to invest, maybe in some gambling sites or business that may came up, who knows right, there are a lot of possibility that may be done using bitcoin.

I do not gamble, but I spend some of the bitcoins on all sorts of pleasures. The bulk of bitcoins are my long-term investments and I will not spend them for several years

I don't really gamble too, I just said that I want to invest on some gambling sites or casinos but I do not really gamble, I just do it for some free time and entertainment. There are a lot of investors that say that they are earning some profits from these gambling sites or casinos. I also want to try investing in these gambling sites or casinos.

This is a good idea. Casinos are always relevant. But you need to be not a player in the casino, but the owner. To make good money.
I'm still just holding my bitcoins for the future
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