Which method do you prefer saving your funds??

[jimmann247]

I prefer cryto wallet, I know a lot will chose bank because of crypto fluctuations but crypto has stable coin all over now, so wallet remain the best, the only set back of wallet is, if you want to spend locally is not faster, because you will need your money withdrawn and converted to your local currency.

 

[Yewande]

Good that you buy Bitcoin save it there in your wallet for it to gain value then resell it to make profit later on. It is better than keeping the money in your bank, cos it won't multiply at all instead you'll be experiencing insignificant charges to your money.

You make sound like you can not also receive significant loss in your crypto currency wallet. Anyway I'll prefer crypto wallet if the money I'm trying to save is large but it isn't, I'll rather saving it little by little in a bank

 

[Sincerem]

I prefer crypto currency by far.... bank is one of the worst place I would transfer my money into. I wished there is other medium to store your money like piggy vest. But piggy vest is under a bank also. But bank is worst for me. The deduction of your money is high.

Laughs, that's true, i remember how they deduct my dad's current account he opened through a First Bank PLC in Nigeria. They deducted him steadily till about $1k drops down to $950 in just one month. That's what we are talking about, the unnecessary deductions don't worth it all. That's why i prefer saving my money up in the crypto wallet and lock it up to avoid any price fluctuations affecting it. By the end of the month some kind of interest penetrates into it.

 

[Doradorwa]

Before now I've been saving my money in my bank or in my belly but with my newly discovered wallet and cryptocurrency I've been trying to put almost all my money there cuz it's get I in value no that depends on market rate but it's a risk that what's taking.

 

[Mandypaul]

Cryptocurrency is the most suitable one for me because I said 90% of my overall financial assets in cryptocurrency, I prefer to be paid in cryptocurrency because it make saving very easy for me because I just transfer it to my wallet and that is all, it will not be stressful for me also
[automerge]1612262455[/automerge]
Cryptocurrency is the most suitable one for me because I said 90% of my overall financial assets in cryptocurrency, I prefer to be paid in cryptocurrency because it make saving very easy for me because I just transfer it to my wallet and that is all, it will not be stressful for me also

 

[Sheun450]

I prefer saving in crypto rather than saving in the bank cos bank savings has low interest but saving in crypto has interest depending on the price of the crypto as at the time you want to sell it

 

[idhans]

Their are many method to save our cash, assets. It depends on your selection and what you are saving on it. We all have different saving methods and place we save our funds for the short, and long run. I prefer saving my own funds on my local crypto wallet than my local bank account.

Which saving method do you prefer putting your funds into??

It depends on the country of your residence. You can get more profit if you save your money in bank. But in Nigeria interest rate is very low, and savings is not really encouraging over here in Nigeria. Saving money in crypto wallet can yield huge profit at the long term.

 

[MarieArie]

Their are many method to save our cash, assets. It depends on your selection and what you are saving on it. We all have different saving methods and place we save our funds for the short, and long run. I prefer saving my own funds on my local crypto wallet than my local bank account.

Which saving method do you prefer putting your funds into??

Whether you are working on a monthly budget plan or not, you might start saving right from today. The key is to pick a small percentage of your income and set it aside. Some people chose to opt for 5 percent or even 10 percent savings from their daily income. On the other hand, some people prefer to set a standard sum each month. This does not matter, as long as you are saving money somewhere.

 

[Bholozy]

The method we choose depend on the availability of the fund when needed and how easy it is to get.. Local banks in my country doesn't really encourage savings because of government policies that tend to reduce your money. I have used piggyvest for some times and it has proven to be quite reliable

 

[Caali]

Saving money isn’t actually difficult. It is similar to putting yourself on a diet. You want to eat that piece of chocolate but you don’t need to. You just have to train your mind to assess what it is you ‘need’, alternatively to what it is you ‘want.’, which, in itself, is difficult.

 

[Profuk57]

I think I will love to keep my money in the bank, the only reason I keep any money at all in my crypto currency waley is for the purpose of buying and saving up some crypto I believe will grow in market value in the future. If not I prefer bank.

 

[Sucrelove]

I prefer saving money in the bank

 

[Frank]

I know this may be an unpopular opinion, but saving my funds with the money lenders is what I should do. I just always see these money lenders as the people that can help me increase the money I have. People are always afraid to follow this route because of credit defaults, but it is still better than saving in the bank.

 

[JamoPosh]

These 3 options do have their risk attached to it. But I think banking can be more secured. Crypto wallet once you coin depreciate in value automatically your capital get affected. Same also implies to money lending, some lender might go scot free without returning the money borrowed that if no requirement was demanded at the point of getting the money. So banking is more secured than others. You get your money back whenever you need it.

 

[Shayo]

Well, I divide my savings into two, I save a part in the bank and the other part in crypto wallet.
The part in the bank is for emergencies that require attending to on the spot. While the other one in my crypto wallet is for investment and business expenses.

 

[Sincerem]

It depends on the country of your residence. You can get more profit if you save your money in bank. But in Nigeria interest rate is very low, and savings is not really encouraging over here in Nigeria. Saving money in crypto wallet can yield huge profit at the long term.

You're there, saving money in Nigerian banks can't bring interest. But saving in the crypto wallet for the long time can yield huge profit count depending on the preferred coin one decided to save with.

 

[Adventurer]

I like to save money in cryptocurrency wallet and I don't like to save money in bank because it doesn't do any good and I have been doing this process from the beginning I have a lot of benefits so I prefer to save money in cryptocurrency. I like

I like to save money with an app called Piggyvest, it makes saving so easy because they debit your account based on the amount you specify, but I'm thinking cryptocurrency may be a better option since your money can grow just that it's risky too.

 

[Chibson]

It's always for one to save money, so that in times of lack you will see something to fall back on. I prefer saving my money in the bank for some reasons.
Even though, crypto wallet is good but the volatility of it makes me save it in the bank.
Anything I put on my crypto wallet is regarded as investment.

 

[redpogi16]

In my opinion bank is the best way to save your money or funds. Banks play an important role in the economy for offering a service for people wishing to save. Banks also play an important role in offering finance to businesses who wish to invest and expand. These loans and business investment are important for enabling economic growth. If you keep using your banks it will build trust between you and the bank.

 

[Keibah]

I save my money in the bank when I need it to be there for a short period. Most times my money isn't available in fiat. Other than that, I like the traditional method of saving in a piggy bank. Recently, I've come across saving platforms online that seem to have some prospects. Using it would not be a bad idea.