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Re: If BTC is not the best way to save money, What you think is the best ?
by
carlisle1
on 28/11/2018, 10:35:01 UTC

This post is based on the replies to my other post Its Bitcoin a good way to save money for our kids?

Lots of people say BTC is not a good way to save money, so what is for you a better option??

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...



well I also realized that having your money in bitcoin is not actually a good idea for saving money due to the rapid changes to its price and we could be exposed to a huge financial losses in a particular event just like the current market situation. I think you can stay on that setup but you should be tight at monitoring the market movements and convert your bitcoin to a stable coin for a while and go back to bitcoin once you think it is at a good status.