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

[Ultimist]

If you want to keep your money, then bitcoin is not suitable for this. You can only invest what you are not afraid to lose. The rate could fall sharply in value and you will incur losses.

[hadveach]

maybe gold is also a good place to save money, because of that, in the future, BTC and gold are the currencies that many people will be interested in to survive and inflation and deflation.

and banks are not a good solution to save our money.

[jcarlo]

If we planning invest for our kids, bitcoin is good saving. But we should diversify our investment in several instrument and i think gold and property is good option to invest because its already known as good investment

[JackyChu]

If you want to find something that can help you save money, btc is not a good choice for that. Bitcoin is just a good investment, especially long term investment.

[Woolles890]

Bitcoin is indeed one of the tools that can save money with long-term investment, we know that bitcoin has a value that is more than gold, and bitcoin does have a future, I think many who agree with bitcoin are the future. Besides, that land can also be a safe investment and has more value for the long term.

[Indrawan77]

Bitcoin was never meant to become an investment and bitcoin still got a lot of rejection from government, this situation makes bitcoin future not too clear, it got the chances to go up very high or it can be completely ban, fiat is not the correct investment because of the inflation rate, the best option maybe gold or stock

[Findingnemo]

If you want to save your money then save it as gold bars which is the one thing which never lost its values so it can be good storage of value than fiat and you just need to understand that bitcoin is not an investment or storage of value it is just currency and it will have value based on the market situation.

[Peacemaker1994]

A fixed deposit account is another good way of saving money. Bitcoin can't be regarded as a way if saving money it's an investment a just like every other investment it is unpredictable

[NelfiNovita]

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 not to save money, but to save your money and benefit from it, if you want to save money it would be better if you do not spend money or shopping as needed.

[aray80]

Saving is the best choice to save the money we have so that your future will be guaranteed from the amount of your savings that always blooms every month.

[Daniel91]

There are many ways to save or to earn money.
Real question is how much you are willing to risk your money.
If you want to be sure 99% you can just put your money in the bank account.
It's very low risk but also very low interest.
All investments in the markets comes with risk.
Higher interest always comes with higher risk.
I think that the best strategy is diversification, to invest part of the money in the crypto market, part of the money in stock market, part of the money in the bank etc.

[brotherwood12]

the best way to save money for kids ? i think investing on gold , and a land  because that two are really needed by people and the price keep growing

[Oniko]

Bitcoin may be the best option if you choose the right time to start investing.

Now the market is very dangerous and for short-term investments I consider only Euro and Dollar.

[cfif123]

If you want to keep your money, then bitcoin is not suitable for this. You can only invest what you are not afraid to lose. The rate could fall sharply in value and you will incur losses.

really so to save money so that you don't reduce the road better you can deposit it into the bank so you can get profits as well and your money will be safe from the name of the loss etc.

[Kakmakr]

I can tell you that there are worst ways to "save" your money and do not trust large financial institutions to do it for you. I had a policy with a large finance and investment firm and I paid a monthly contribution for them to manage my funds in that investment. After about 40 years, I remembered that I had this policy and I requested a report to monitor it's growth. <The monthly contribution increased with inflation every year>

The result was shocking and these people just kept quite, because they knew it was not performing and it would have been better if I just deposited that money into a Bank.    <The monthly contribution was small, so I hardly noticed it> 

[irsykes]

Save money? I will pick on bank. Because i think it is safe to keep my money in there without worry about volatily of my currency or anything else that be risk of crypto. If bitcoin maybe i will be trader only.

[pixie85]

Save money? I will pick on bank. Because i think it is safe to keep my money in there without worry about volatily of my currency or anything else that be risk of crypto. If bitcoin maybe i will be trader only.

It means that you like to rely on others to hold your money and like centralization. When you keep your money in the bank it's not you holding it in the bank. It's the bank holding it and having total control. What makes you think that a private company won't use your money to save itself and deny you service? Sometimes you go to a restaurant or a bar and they say that they're closed or closing, or for some reason you can't go in. Sometimes you buy a reservation or a ticket somewhere and are denied entry. A bank is like  that. You can be denied entry one day and then what?

[kwakgyimah]

why not, bitcoin is a potential venture to invest your money for your kids to enjoy in the near future. There are many areas that you can invest in so your children can enjoy and the world of cryptocurrency especially bitcoin is also an integral part of it. It is always good to leave a legacy for your kids so they can celebrate and be proud of you when they grow up.

[bigbosma]

I only invest in bitcoin because I really think it's the best investment today. But if it wasn't, I'd invest in gold. It is much slower growing in price, but it is very reliable and time-tested.

[Compiler]

Bitcoin is good for saving the money that more or less you give as lost, or you do not care.

If it goes down, it does not matter because you give it up for lost from the beginning, and if it goes up, well, more money.