Post
Topic
Board Bitcoin Discussion
Re: Save wisely this year, piggybank or piggybitcoin
by
Phyna4
on 29/01/2023, 14:08:43 UTC
Story of my life, 3 years ago, I bought a wooden piggybank for savings. My target was to save for 2 years before I opened it. I started putting money inside, until i realized the wood wasn't good enough so I opened it. lo and behold, termites has invaded  my save and destroyed my money 😔. Fast-forward to now, If I had used that money to invest in bitcoin, with good investment decision the money will be  secured and with increase in bitcoin, my money would yield interest.
Save wisely this new year, I'm starting my savings in piggybitcoin.
What plartformis piggybktcoin, I have it hard any thing of such before because saving every little bits can sometimes lead to you losing your bitcoin as some amount may be considered as a dust transaction especially if you measured the amount you want to save in you fiat currency knowing fully well how worthless some of this currency can be and saving them in small amount in Bitcoin such as it is obtainable with fiat.

So the piggy bank is more favourable to fiat compared to bitcoin, but bitcoin should be taken as a long-term investment since bitcoin is an asset.
there is no word or platform piggybitcoin, it's just a word I coined name from piggybank. You are right, piggybank is more favourable but  btc investment has higher return.