Post
Topic
Board Speculation
Re: "Is Bitcoin the ultimate savings tool?"
by
Proty
on 24/08/2025, 17:22:53 UTC
Most people generally think of Bitcoin as an "investment for profit". Again
Many Bitcoiners see it as a savings tool – especially those in developing countries. Because it holds value for the future and is personally controllable. The total supply of Bitcoin is 21 million and it has historically held its value for the long term. This makes it relatively easy to send remittances and Bitcoin can be seen as a "digital savings account".
There are price fluctuations in the financial markets.
But I think holding it for 5–10 years will actually be profitable.
By putting aside some regular portion, just like fixed deposits used to be. It is a type of investment or opportunity to make a profit. "Buy low, sell high" is an asset that you hold for the long term, not something that you "buy when the market is up and sell when it's low".
The point you have made here is really correct. There are so many investors who are into bitcoin with the mindset of making quick profit which is very wrong because bitcoin is best appreciated when view in terms of long term perspective and a good store of value. Bitcoin is limited in supply and also it is decentralised so it should be see as a digital asset and not something to be gambling with in the name of trading. Just like what you said setting aside some  portions regularly is just like the way people saved in fixed deposit . Bitcoin has proven to be a potential coin and has performed more than fiat. So the main problem is that one needs to have a high risk tolerance in other not to panic whenever there is a dips and be forced to make impulsive decisions by selling off the little holding they have in their portfolio.