Bitcoin as savings, emergency needs possible?

[jhonvir666]

 will be sure as saving the bitcoin should be. Because when we have bitcoin we can handle it as a saving bitcoin and it is reliable but when the emergency is really a problem it is because we do not know when we will be able to buy and not as long as we get my money without an exchanger ... unless I have money always our bitcoin wallet will immediately get us money for our needs everyday. it is possible and usable as an emergency bitcoin wallet.

[1714931051]

1714931051

[Nyenyepogi]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

We are thankful to this bitcoin in some cases happened in our life bitcoin is one of the savior. The we earned from it are growing and with some emergency thing happen this bitcoin is an easy way to get money. You may able to widraw it easily withoit feeling hastle.

[qwirtiii]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

I guess that is a good idea. We can invest here in bitcoin and if we need a money for our emergency needs we can get in here . So that , we have no problem regarding money. But remember we must be very careful in terms of investment because there's a lot of scam.

[elghoniya]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

If you save your money in bitcoin, you can use it for emergency needs. I think you prefer save your money in banks for emergency needs. You can invest in bitcoin for long term, because bitcoin is investing.

[Saveplus]

If you invest a lot in bitcoin it can be a good investments in case of emergency you need money in some other purposes.We can get immediately our money with profit to gained.Saving money for future is the best way and bitcoin will helps us but be careful to those scammer of our investment to be gone.

[Dr.Osh]

If you invest a lot in bitcoin it can be a good investments in case of emergency you need money in some other purposes.We can get immediately our money with profit to gained.Saving money for future is the best way and bitcoin will helps us but be careful to those scammer of our investment to be gone.

can be said that holding bitcoin is like saving your money into gold. maybe when you need something in the future, bitcoin can be the main source for it. but, we know that it takes some process to make bitcoin into fiat.

[slushee]

Why should we save it in btcs remembering that the value may fall than what it was during investment? better to invest in golds

[Roboabhishek]

I believe that using bitcoin as emergency money is not a bright idea because it will mean once you need money you will have to sell it at the current market value which could have decreased meaning you have lost money. You should just stick to saving a bank.

[Ekim22]

Most people hir in bitcoin earn money to there future and saving money to the emergency needs.

[acener]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

I agree with you and I'm actually doing the same thing. Rather than storing my savings in a piggy bank, I invest it in bitcoin where there is a big possibility that my savings might grow. Also, I store my saving in bitcoin for the future of my kids. Rather than putting it in banks, I choose to invest it in bitcoin because I find it more secure and profitable.

[aso118]

If you invest a lot in bitcoin it can be a good investments in case of emergency you need money in some other purposes.We can get immediately our money with profit to gained.Saving money for future is the best way and bitcoin will helps us but be careful to those scammer of our investment to be gone.

How can you immediately realize profits whenever you want? What happens if Bitcoin was in a bear rally when you need the money. You can still sell your bitcoins and withdraw fiat, but you would be selling at a loss.

[jona]

So good to know that am not alone I this life of possibility with bitcoin, I have been help on finical ground positively with bitcoin

[prismatica007]

charge your bitcoin when the price goes up,
 and leave a saving for any emergency.

[megamanexe002]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

I have friends who are not cashing out even the price of bitcoins is rising, they are just always holding their coin and waiting for it to grow, i just do the same thing as well that's why i am getting a lot of profit by waiting for the pump and dump in the market.

[harizen]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

That is not an idea but can considered as one of the "basic purpose" why you must saved bitcoins and it was especially fit for those average joes.

Just keep in mind, that even on loss you have no choice but to sell some on your stash when it really needs on which possibility of getting back to zero is possible since you will only put your "extra money" out from your salary.

But for me, it's not a good idea to just put most of your funds at cryptos. You also need cash on hand as sometimes withdrawing bitcoin to fiat takes time and not that instant depending on the payment options and the service provider itself.

The bottom line, just saved and only used bitcoins for a certain purposes to take advantage of price increase while at the same time having a good backup funds when needed.

[dzhan]

Bitcoin's price is very volatile, and usually you need a stable currency for savings and emergency needs. It is better to save your fiat money for emergency needs, and keep holding Bitcoin for the price increasing, because the price is generally rising and you can sell higher after some period of holding.

[Gens09]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

You are not aware when and where emergency will happen so better to have a budget for some emergency and budget for bitcoin. The emergency money is stable and those budget for bitcoin you can use it for some saving. The value of bitcoin is volatile, you cannot determine when the value falls or when it rise up.

[Bitcoinjheta]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

You are not aware when and where emergency will happen so better to have a budget for some emergency and budget for bitcoin. The emergency money is stable and those budget for bitcoin you can use it for some saving. The value of bitcoin is volatile, you cannot determine when the value falls or when it rise up.

I agree that bitcoin is an earning savings and will really help you in times of need but not really an emergency fund since we cannot just encashed it to fiat money right away. It will take time and good internet access to do so. Better allocate physical money or any cash equivalents for emergency purposes.

[cahbagus555]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

Its good idea but you forget something that bitcoin or cryptocurrency price movement is very high and its very risky. Its better if we split between our saving for emergency and investment for our future

[weblaraveluser]

So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

I am one of the person who save cryptocurrency because the price is keep on increasing in the market and i will just cash out if i really need the money for a very important reason.