Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a good way to store money?
by
prtty2gal2
on 11/09/2016, 13:40:33 UTC
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?

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.

It depends on how you define storage.  If you are talking about weeks or months, even longer, then depending on the method or wallet that you use, you should be good.
I think yes, bitcoins can be used as storage if you are fine with fluctuating price and one thing is certainly guaranteed that you will make profit when you store your cash in form of bitcoins because even if the price is low today then tomorrow it will be really high. You must be ready to withstand  possible down side fluctuations in short time.