If BTC is not the best way to save money, What you think is the best ?

[timotron]

This post is based on the replies to my other post Its Bitcoin a good way to save money for our kids?

Lots of people say BTC is not a good way to save money, so what is for you a better option??

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...

[RocketSingh]

All I can say is, never put all your eggs in the same basket.

[santino11]

If BTC is not the best way to save money, What you think is the best ?

Bitcoin is not meant to save money!
If you want to save your money put it on a bank or on your wallet.
Bitcoin and cryptocurrency are meant for earning! profit!
Here you need to be smart to gain! not to save money!

[harizen]

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...

Just keep on accumulation and don't spend on useless things. In a long run, you can save some.
 
Any saving methods will do. It's on your own way how to managed it whether it's on crypto or fiat.

Don't know what are you trying to know more about saving without involving fiat. Want to focus on crypto?

[satosibtc1000]

Well, I also believe that in the fall of the market you will not be able to save money on bitcoin. But buying at a low price can make you financially independent in the future.

[Alohadance]

I think that btc is a good way of saving money. Maybe if some people don't believe in crypto, it's better to buy traditional gold or buy some actives in real estate if you want to save some money.

[Bitcoin_Arena]

Lets not confuse anything here
There is a difference between saving and trying to make money grow or increase in value (Investing)
To my understanding saving basically means storing or periodically depositing your money somewhere for a certain purpose... in these case you don't really expect it to increase by itself except through you effort by continuously depositing more.

Investing involves risking in order to make a quick profit or long term profit... but there is always a risk, you could loose out... This is where bitcoin or any other crypto or stock comes in. Here you expect the market to either go bullish or bearish.

So if he wants to save, Get a bank or any other way but not through fluctuating markets or else will be very disappointed.

[CryptoGuro1]

I would say gold personally if you want to have an alternative to crypto, Nice stable market and one would have to assume it will remain strong once global economies face pressure over the coming years because of bad depth. My two sathoshies!

[aoluain]

The only possible thing long term is gold. Saving FIAT long term is a waste of time
and will actually decrease in value due to inflation.

[marlboroza]

Put it under the mattress and don't touch it. Or buy safe, drill hole in the wall and put safe there. Dig a hole in the ground and put money there. Or in socket, but I would personally go with safe.

I would say gold personally if you want to have an alternative to crypto, Nice stable market and one would have to assume it will remain strong once global economies face pressure over the coming years because of bad depth. My two sathoshies!

That would be investment  

[abanansah]

Bitcoin is the way to see your capital been depreciated and not to make money by saving what you put in. It is not stable so why do you think it can help anybody to save.

[wdnj]

I want to know the best ways you see to save money for kids and WHY.

get some trezor or other wallet that you can have.
Buy bitcoin and put it there.
Keep it until the day you will give it to your children.
The future is the Bitcoin and if you will buy now and keep for a long time like 5 years or more then you have a great savings.

[btcluisdiki]

Every new btc investor that had experienced this great dip would probably be disappointed and lose hope with their investment.  However,  for the old experienced investors that has been in this industry for quite sometime, this scenario has been recurring and most likely just keep holding their btc investment for they know it will recover soon.  Do not stress too much with this market dip for it will be back to normal in the coming months.

[rodskee]

If BTC is not the best way to save money, What you think is the best ?

Bitcoin is not meant to save money!
If you want to save your money put it on a bank or on your wallet.
Bitcoin and cryptocurrency are meant for earning! profit!
Here you need to be smart to gain! not to save money!

Good answer bitcoin treated of people as investment not to save their money
Investment meaning gamble their money to expect earn profits in the future
That's the reason people keep holding bitcoin in this risky investment

[kamBlanV]

investing or saving in bitcoin is a good way to save money, if we save large amounts of money in the bank, then your money will be exhausted by administrative fees every month, but if you save your money on BTC, it will follow volatility. and you must know, that BTC volatility will always be an uptrend.

[airdagon]

everyone is free to choose, and I choose bitcoin is a good place to save money, not only save, but sometimes bitcoin always creates profits and is also safer.

fiat is primitive and cannot withstand inflation.

[livingfree]

They say that it is not the best way save money, they can be correct and they may be wrong. This depends on how we see things in the future and our perspective and belief on where bitcoin is going soon.

So this isn't only about saving but also investing. Give your kids real property and that can be inherited forever unless they are going to sell it if they are in dire situation that its their solution to their problem.

[jointherevolution]

Bitcoin is investment, it is not to save money. To save money you must find coupons and offers that will make the price of a product be lower. An investment gets you returns, it does not save money.

[hadveach]

If BTC is not the best way to save money, What you think is the best ?

Bitcoin is not meant to save money!
If you want to save your money put it on a bank or on your wallet.
Bitcoin and cryptocurrency are meant for earning! profit!
Here you need to be smart to gain! not to save money!

in my opinion, bitcoin also has a function to save money, precisely if we save money in the bank or in the wallet, it will run out quickly, and even easily disappear.
so, in my opinion, BTC is perfect, BTC must be developed again so that the features and functions of BTC can be used well.

[kendra1107]

This post is based on the replies to my other post Its Bitcoin a good way to save money for our kids?

Lots of people say BTC is not a good way to save money, so what is for you a better option??

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...

Bitcoin is now considered as a form of investment on top of it being a form of payment. But I do not see it as a means of saving. If we wanna save money/fiat, opening a bank account is still the most practical means or we could also invest in gold and/silver since their value are far more stable than Bitcoin. Bitcoin has its own use and purpose, but savings is not one of them.