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Author Topic: Do you save bitcoin for fun or for future purpose?  (Read 204078 times)
acroman08
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March 22, 2017, 07:51:05 AM
 #381

I have already saved the amount of bitcoin that I want it's not that big but I saved it for emergency or if I
needed extra money, If I want, I can save more bitcoin but I am focusing on saving in fiat for future and what's
keeping me from focusing on saving in bitcoin is because of the volatility and the very limited usage of it in everyday life.

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LastKiss
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March 22, 2017, 07:59:47 AM
 #382

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.

i used a little amount of my bitcoin for fun and the rest i saved it for my needs in the future, i'm waiting to grow bigger and bigger so i can change my bitcoin to fiat money that i can use for my needs. buy stuff, game, pc, etc.

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LeyMonte
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March 22, 2017, 08:02:26 AM
 #383

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.

for me its both. i save a part of it for fun like playing dice games, where i can let my hour pass and enjoy it..  i also save part of my bitcoins for future purposes for travelling (same with what you do but for future use) i can get money or convert it to our currency if i want something to buy to to i want to go somewhere else and i need i bit of extra money to use it in a hurry. especially if i dont have enough cash to spend on something rushly.
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March 22, 2017, 01:07:43 PM
 #384

Right now I'm not holding any BTC but I'm thinking about doing it, maybe some % of my daily income but I still don't feel that is safe holding BTC I think it's better to save money in the bank... however the potential profit of holding BTC is huge that's why I may start doing it.

It seems you don't have any interest towards bitcoin, many people are saving bitcoin for their future needs. Off course you can save fiat currency in the bank, but bitcoin is also one type of saving where you will get 2X, 3X.. etc. When the price of bitcoin reaches to 2000$.
better to save money in bitcoin than banks with bitcoin you can double your money just by holding or storing bitcoin only. but because there is a risk so do not go overboard in saving money or investing in bitcoin
LeGaulois
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March 22, 2017, 01:11:45 PM
 #385

For fun ? I don't make fun with money. Maybe the people in the earlier days, when bitcoin was for some cents, bought and used bitcoin for fun, but nowadays with a price above 1000$ you don't buy bitcoin for fun. It's like saying yeah let's swipe my ass with a 100€ for fun lol

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March 22, 2017, 01:43:46 PM
 #386

For fun ? I don't make fun with money. Maybe the people in the earlier days, when bitcoin was for some cents, bought and used bitcoin for fun, but nowadays with a price above 1000$ you don't buy bitcoin for fun. It's like saying yeah let's swipe my ass with a 100€ for fun lol
yeah that is true , the only fun scenario you can make when talking about money is in early adoption ,
when a lot of people did not trust at all on bitcoin but you make fun on it ,
by investing low amount of money like $100 for 100 bitcoin!
that fun purpose become something big unexpectedly, but yeah sadly not much people doin that .
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March 22, 2017, 01:48:03 PM
 #387

For fun ? I don't make fun with money. Maybe the people in the earlier days, when bitcoin was for some cents, bought and used bitcoin for fun, but nowadays with a price above 1000$ you don't buy bitcoin for fun. It's like saying yeah let's swipe my ass with a 100€ for fun lol

Yes every bit of satoshi is important now with this great value and if this thing will go up more and more it will really be trading with just satoshis.
This importance is seen when people are already getting mad with just a 50k sats of transaction fees specially   those who have little in their wallets.

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MoneyIsDebt
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March 22, 2017, 02:09:04 PM
 #388

I save  because of the latter reason which is for future purposes. I can pay bills through s as alternative which saves me money(for I will not touch the money I had in bank and the income I earned from work) and time going in the establishment where I pay the bills(I pay the bills through 7/11 stores which I was near with). Moreover, I'm Planning ti buy a gaming computer so I will earn and work  harder than before.
i was saving some amount of bitcoin from almost 2 years and it is very good for me. it has gave me almost double profit since then and it will help me in difficult situations. i have a desktop wallet for saving and i save a small percentage of  my earning to it every month. i think in future i will also invest those bitcoin into trading to make more.
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March 22, 2017, 02:23:59 PM
 #389

I actually save for the future purpose although it comes with its own risk but I am actually ready to deny myself the fun or benefit of today for future's sake and I am happy I am taking such risk. Sometimes the pressure comes to spend the some even though its little but I am still keeping the hopes high to save enough for the future.
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March 22, 2017, 02:28:37 PM
 #390

I actually save for the future purpose although it comes with its own risk but I am actually ready to deny myself the fun or benefit of today for future's sake and I am happy I am taking such risk. Sometimes the pressure comes to spend the some even though its little but I am still keeping the hopes high to save enough for the future.


I save bitcoin for my future.

Because i think bitcoin itself has a promising future, which will be widely used by people around the world.
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March 22, 2017, 02:44:23 PM
Last edit: March 22, 2017, 04:54:36 PM by royalfestus
 #391

Another thing I consider is what is could be done with bitcoin when the value falls. This is the time is that it should be saved, any throwing around is losing the value. Like every form of income, a fraction of bitcoin earn should be saved if it is regular for the future.
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March 22, 2017, 02:47:51 PM
 #392

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.
Now I will save bitcoin for fun, to buy things that i want. And also to treat my friends. But when i finish my studying ill save bitcoin for my future so that its not for me when i need money. Ill keep some of it in my wallet so that i have money that i can use in case of emergency. I think this is also you purpose why you save bitcoin right?

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March 22, 2017, 02:58:22 PM
 #393

I don't have much bitcoins left but just saving it incase bitcoin price will double and sell - but anyways I regret why I didn't buy a lot of coins when it was very cheap
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March 22, 2017, 03:10:52 PM
 #394

Right now I'm not holding any BTC but I'm thinking about doing it, maybe some % of my daily income but I still don't feel that is safe holding BTC I think it's better to save money in the bank... however the potential profit of holding BTC is huge that's why I may start doing it.

It seems you don't have any interest towards bitcoin, many people are saving bitcoin for their future needs. Off course you can save fiat currency in the bank, but bitcoin is also one type of saving where you will get 2X, 3X.. etc. When the price of bitcoin reaches to 2000$.

My main problem is the security of holding BTC, I feel that I can lose the BTC at any moment and I won't be able to recover it back. And of course the estability of the coin, many people say it will double or triple in the future but nobody knows for sure that is really what is going to happen.
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March 22, 2017, 04:50:43 PM
 #395

Right now I'm not holding any BTC but I'm thinking about doing it, maybe some % of my daily income but I still don't feel that is safe holding BTC I think it's better to save money in the bank... however the potential profit of holding BTC is huge that's why I may start doing it.

It seems you don't have any interest towards bitcoin, many people are saving bitcoin for their future needs. Off course you can save fiat currency in the bank, but bitcoin is also one type of saving where you will get 2X, 3X.. etc. When the price of bitcoin reaches to 2000$.

My main problem is the security of holding BTC, I feel that I can lose the BTC at any moment and I won't be able to recover it back. And of course the estability of the coin, many people say it will double or triple in the future but nobody knows for sure that is really what is going to happen.

I believe and hope it will double also, as I monitoring the value of btc and as far as I remember ,the first value that 1btc the time I knew it is only at 30k in our currency. As time goes by it doubled it and sometimes more than double that's why  lm saving my btc as much as possible for future increases and needs too.

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March 22, 2017, 05:05:32 PM
 #396

Bitcoin shall be saved for future purpose, so that you can have fun later, when you get a good profit. I save it for long run future purpose. Ya, there is volatility in it, but Bitcoin has potential.
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March 22, 2017, 05:13:53 PM
 #397

Bitcoin shall be saved for future purpose, so that you can have fun later, when you get a good profit. I save it for long run future purpose. Ya, there is volatility in it, but Bitcoin has potential.
Yes, I agree with you, As you said bitcoin will shall to be saved. The reason is simple as the title say. I would save bitcoin for both, Fun and future propose.
Bitcoin price is really volatile, But in the long run, I'am sure that the price will grow up till the moon. So saving bitcoin is really one of good investement in long duration.

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March 22, 2017, 07:52:21 PM
 #398

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.
both for me.. because i save my bitcoin, i think bitcoin is future money and can use in future when i need money ..


Bitcoin is not just future money it's more than an investment for future. Most of the people who invested got more than double in just some months. I'm saving up bitcoins to buy a car and hope to get it in near future.

Yeah the same to me. I'm saving up so in the future I can have the funds necessary to buy more games and consoles to further develop my YouTube gaming channel. As soon as I receive my YouTube paycheck I buy 0.3 btc. I am taking advantage of the price when it's higher than normal, that is when I convert my bitcoins to cash.
waw cool man
this is a real fact that bitcoin can use multifunction just not for future or fun Smiley
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March 22, 2017, 09:24:41 PM
 #399

Right now I'm not holding any BTC but I'm thinking about doing it, maybe some % of my daily income but I still don't feel that is safe holding BTC I think it's better to save money in the bank... however the potential profit of holding BTC is huge that's why I may start doing it.
Right now the price of bitcoin is high but at the same time is lower then in the most recent weeks so this seems like the right time to buy some bitcoin and wait for some easy profits in the next weeks or months, but like with any investment there is a risk of losing some money so you need to take everything into consideration.
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March 22, 2017, 10:28:26 PM
 #400

Yes I am saving bitcoin for future purpose and not for fun, because I am not thinking to gamble my bitcoins, if ever I have a bigger holding value. Saving without good purpose ends up to unworthy activity because most of us who has money will be planning what is best for our future specially when we had a family to support for, like a married person having kids.
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