Post
Topic
Board Economics
Re: How many Bitcoin do you have saved?
by
Skarner21
on 19/01/2017, 10:32:48 UTC
Since the start of this thread, the price has jumped up a lot!

Yea BTC can jump or fall any moment.
I have accommodate few BTC mostly by selling and buying alts.
I want save BTC to better future and have something for retirement in it.
I think that all fiat money sooner or later will land in toilet,
while BTC will grow problems sooner or later will be solved.

You are right, since this thread, bitcoin price too much jumped, even i save my bitcoin and now recently i have sold them, because of highest price of bitcoin, and it really give me superb profit. I never did any hardworking with my bitcoins, i did only hold them, and sold them in a high price, I also suggest don't save bitcoins for a long time, sell them when you think it give you double price.   

That's why savings in bitcoin better than any other currency or gold.
While fiat money facing inflation every year but bitcoin keep growing in value.
I've managed to save a little bit btc for future planning, I think BTC3-5 every year is good enough.
sometimes when you hold bitcoin large amount fee confused once the price hit the highest.
you will think to exchange it for a while take a benefit on high price .
to buy again later when the price dropped a little which make you feel like trading , so reinforce your plan to invest for long term then go save bitcoin as many as you can.
Almost all people are doing this the same buying bitcoin and wait for the price increase if they are lucky that the price hit even 20% its a large profit if you invest large number of bitcoin.. don't lose opportunity every time you can seen the price was increase just sell your bitcoin 25% so that if the price will continue to increase you can sell the rest.. just to save your profit that is why you need a large amount of bitcoin so that you can manage and earn profit..