Post
Topic
Board Speculation
Re: I AM HODLING
by
Tacalt
on 06/07/2016, 08:03:24 UTC

i honestly dont think that you should hold your bitcoins at the moment because it is a really boring thing to do in my opinion, it is better to move your money and to do something with it

if i were you i would trade my bitcoins with other cryptocurrencies i think in order to make some money out of it because the trading is nearly free and there are great possibilities to earn more money


i am hodling since 2011 and 2013 and i can say when it comes to investments, i have never had more exiting times in my life. it was either full blown enthusiasm or sheer depression and maybe in 2015 it was sometimes a bit boring. but right now? a few days before halving and with the blocksize wars - hell, this is everything else, but not boring.

i once had a house-savings plan contract with my bank. now that was boring. it was sitting there for years, yielding 1% p.a.  Tongue



Bitcoin makes savings accounts and other saving funds look like sh!t. The average interest rates on savings accounts are below 1% while the tax rates on your wealth are higher than 1% lol... If you just keep saving, then you'll lose in the way that you pay more tax than actually earning something, plus the fact that the value of fiat is decreasing year on year... Losses on top of other losses.

That is right. I got 0% interest from my saving. I also saw some banks are charging interest on deposits.