Do you save in cryptocurrency?

[Barida]

Cryptocurrency is gaining more momentum globally, and it is now being used as a means of payment for goods and services. This has made me reason that one can also save funds on cryptocurrency as well. Do you consider it as a viable option as well?

 

[Sara]

It's a very viable option, a good place that one can save and make payments of whatsoever they needed. I am not there yet but surely, I will learn to save in cryptocurrency.

 

[Frost]

Last month Bitcoin BTC was above $100k. Today, it's below $84k. Do you have any idea how much those white saved in Bitcoin have lost within one month?

 

[LucyCoffee]

There is no doubt that this is the right choice, I already have some in a cryptocurrency account, now in fact many institutions support cryptocurrency payments, even though it fell a little bit compared to the previous one, but it does not affect my life, anyone who invests should know that the eggs will not be put in one basket!

 

[Ryder]

No, I don't save money in cryptocurrency. I only have some of my money in stable coins especially USDT. It's the only cryptocurrency safe to leave your money in that's not subject to fluctuations in price.

 

[Maddox]

Naah, I can't and I won't be foolish to save money in cryptocurrency when I know it's possible to lose a big part of my money to cryptocurrency volatility.

 

[Kennysplash]

Due to the rapid decline of the Fiat currency I keep a percentage of my income in a stable crypto currency. This helps me to combat inflation to an extent.

 

[Ja sa bong]

I have a few bucks saved in USDT, Litecoin, Dogecoin and Bitcoin. I'm carefully managing all my cryptocurrency assets to make sure I don't lose my money to the market unstable nature.

 

[Frank]

Cryptocurrency is too volatile for me to be saving in that medium. I wouldn't want to lose money, and for that reason, saving in Cryptocurrency is not in my plans now.

 

[Angelina]

Cryptocurrency is a good business and also a saving medium but I haven't save in cryptocurrency because I don't have such heart to do that yet.

 

[Olaji]

Cryptocurrency is gaining more momentum globally, and it is now being used as a means of payment for goods and services. This has made me reason that one can also save funds on cryptocurrency as well. Do you consider it as a viable option as well?

No, I don't save money in cryptocurrency but I invest in cryptocurrency. This is because I know it is possible for me to make profit from them if I invest wisely.

 

[Nazzy]

Cryptocurrency is gaining more momentum globally, and it is now being used as a means of payment for goods and services. This has made me reason that one can also save funds on cryptocurrency as well. Do you consider it as a viable option as well?

I've been investing in cryptocurrency for a while. I also made a decent amount of profit from it. So, I can easily see that I've saved some of my investment in cryptocurrency and also hoping for it to keep increasing with the current bull run we have in Bitcoin.

 

[madilyn]

Cryptocurrency is gaining more momentum globally, and it is now being used as a means of cryptocurrency payment for goods and services. This has made me reason that one can also save funds on cryptocurrency as well. Do you consider it as a viable option as well?

I think it is possible to keep savings in cryptocurrency, but it is important to consider the high volatility of the market. I have tried this and noticed that the rate can change sharply both up and down. For paying for goods and services cryptocurrency is convenient, but as a means of saving I would see it more as an addition rather than the main option.

 

[Kennysplash]

Cryptocurrency is a good business and also a saving medium but I haven't save in cryptocurrency because I don't have such heart to do that yet.

Why are you afraid to explore it?

 

[Heatman]

Cryptocurrency is gaining more momentum globally, and it is now being used as a means of payment for goods and services. This has made me reason that one can also save funds on cryptocurrency as well. Do you consider it as a viable option as well?

Yes, it's one of the best investment to put money into. Although, the volatile nature of cryptocurrency makes the price go up and down but it's always going to increase.

 

[Frost]

I believe that most people who invested their money in cryptocurrency in the past 5 to 10 years ago are in serious profit right now because of the current price of Bitcoin.

 

[Kennysplash]

I believe that most people who invested their money in cryptocurrency in the past 5 to 10 years ago are in serious profit right now because of the current price of Bitcoin.

But I doubt that they would have left it without selling off till now. The little profits that must have surfaced them would have made them sell.

 

[Frost]

But I doubt that they would have left it without selling off till now. The little profits that must have surfaced them would have made them sell.

Yeah, I'm very sure that so many of them have sold but it's never going to be all of them. There are some investors whom have very strong mind. I heard BTC is looking at making $150k mark this year.

 

[Axel]

I haven't been saving too much money on cryptocurrency because of how volatile the cryptocurrency market is. I simply save most of my money in US dollars.

 

[Flint]

It took me a very long time before I was convinced to save money in cryptocurrency. This is because I thought it to be very risky for me to be saving money in something that I don't understand how it works.