MultiversX Tracker is Live!

Is it a bad idea to use Bitcoin as a savings account?

Bitcoin Reddit

More / Bitcoin Reddit 121 Views

I live in the U.K. and have a small amount of savings that I just add to each month when I’m paid.

Feels like a slap in the face that the BOE have told us all the accept that we are poorer. Despite how hard I work and how many hours I work a week.

Incase of an emergency I can just sell some Bitcoin if I need it?

What are the negatives?

I seen a post the other day about house prices and how even though they are more expensive it’s actually less Bitcoin to buy a house now then it was a few years ago. Logically it doesn’t make sense to hold GDP for big purchases or emergencies anymore does it?

submitted by /u/DietProud2661
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments