Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?
Or we can also store our money there, if the price stay stable?
What do you thing about this?
What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.
Exactly. Bitcoin makes it a perfect commodity to serve as a store of value, leaving you in complete control of your own money without the need for greedy banks or middlemen. The paper wallet can be seen sort of like a safe deposit box in bank, where you store your funds for the long term and only you have access to same with your private key.
Still, it would be best to sell some of your BTC (instead of all of your BTC) once the price goes above $1000 for profits and preserve the rest for the future. But, this is up to you.
With Bitcoin, you can safely store your money and preserve it for long term via the use of cold storage methods and an encrypted private key for added security. The only limit here, is BTC's price in terms of volatility (against fiat currency) but it could serve as a great way to make profits if done right.
