I prefer saving bitcoin just like you and the main purpose behind my saving is for the future. I am positive about bitcoin and I am sure bitcoin price will be sky high within the next 5 years. It may go up to a certain level which we are not able to think today. So with this hope, I am saving bitcoin and not investing it anywhere apart from trading.
I have a dream of buying something luxurious for myself and family in future and I am sure that my bitcoin savings will definitely help me to reach that dream and make it a reality. I will continue earning bitcoin for another 5 years and then I will sell that to for fiat currency to fulfill my dream for good.Consider bitcoin price which could significant increases in few years, then it suitable as savings for future purposes.
Yeah, who decided to hold bitcoin should have faith in it as the market fluctuations could affect your decision, the best way is saving without looking at the price, and never sell it to get profits but wait until certain time.

Here are my points:

It?s fast
ITS CHEAP
Central governments can?t take it away
There are no chargebacks
People can?t steal your payment information from merchants
It isn?t inflationary
It?s as private as you want it to be
You don?t need to trust anyone else
You own it
You can create your own money

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. Life never provides warranties or guaranties for success. It only provides possibilities and opportunities to convert them into success:)

It's never too late to buy. However, since the price surge, your upside is much more limited. It is less likely to experience the same growth in the short term. But if you are investing long term then it doesn't really matter when you buy. Only invest play money and nothing you can't afford to lose.

I think we don't need any lawyer to say, that BTC is simply NOT A CURRENCY.
The currency has one or two of these two features:
- it can be used to pay taxes and the state cannot refuse to take it
- has the value for its material features (e.g. gold)

Hi

how about if all currencies will be known worldwide or if it will be acknowledged in all countries even coming to become the currencies of the world, what will happen to the value of each currencies, or better yet what will be the impact. Are banks will be their first enemy?
Gracias!

Hi folks,

As a newbie of this group,  i would just to clarify things with regards to the factors or what are the reasons why bitcoin will increase or vice versa. How can I determine the value of the bitcoin? Is it the prices of cryptocurrencies are driven by the laws of supply and demand—if more people want to buy, prices increase; if more people want to sell, prices decrease. Due to the nascency of and uncertainty surrounding cryptocurrencies (e.g., regarding regulation, technical challenges, enterprise adoption), supply and demand fluctuate wildly and hence, prices become volatile.
thank you for the enlightment!
Happy earnings!
camsicuya

Hi


In my opinion, it is because not many people are really using bitcoin to buy goods and services, even while doing business with vendors who accept bitcoin.

Camsic

nothing happens actually it will still depend on people's decision. Perhaps, somehow people will not join or adopt cryptcurrency it's because they think this is SCAM. With the advent of blockchain and cryptocurrencies being as new and revolutionary as it is, predicting the five-year projected value of each of the currencies and requires numerous factors to be considered.