Re: Saving bitcoins

If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

Its sad to say but there are no bitcoin banks existing online. If you want to earn then just hold your bitcoins in your wallet and wait for an inflation. That way you will get more profit out of your investment. The only way to save in banks is to convert your bitcoin into fiat currency and then deposit it on banks. But holding bitcoin is much profitable than savings on bank.

I agree with you. If we exchange bitcoin into fiat currency and deposit it to the bank. If holding bitcoin may be good. But the price of bitcoin fluctuates.

You are right. Treat Bitcoin as an investment and not like a fixed asset. I would suggest only to buy Bitcoins that you are willing to lose, depositing cash in the bank is still safer, low risks, but possibly lower returns if Bitcoin price goes up.

Save money, and set some money aside for Bitcoins too.