Post
Topic
Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
randy8777
on 15/04/2016, 12:17:18 UTC
Fast, cheap, no charges back, can't steel info from merchants, you own it, privacity to the limit you want... what else...?
yeah there are no administrative costs for storage in bitcoin unlike in the bank you will be given tax and administration of each month. so if you want to save a lot of money you can use bitcoin
I don't think save a lot of money in bitcoin is the best safe way because bitcoin prices change frequently. If the price go down it will be bad for your money

if you are a long term minded investor, then the current volatility doesn't matter much to you since you are holding your bitcoins for several years. i do the same. that's why i can sit back and enjoy seeing the price go up. i use the volatility in my benefit for trading purposes to make some extra profits. and the coins that i have in my walles will stay there untouched. very simple.