Is bitcoin a safe way to save money?

Investing in Bitcoin and other cryptocurrencies is risky. It's important to have a long-term view with your investments, keep your overall portfolio balanced, and never buy more Bitcoin (or shares of a single company or other independent investment such as Gold for IRA investment) than you can afford to lose. Platforms such as Kriptomat offer a service that can be seen as a personal bank account where you securely store your cryptocurrencies instead of regular money. You can store your funds for long periods of time and the growth in the value of your account would occur naturally as a result of supply and demand.It's possible to become very rich by investing in cryptocurrency, but it's also quite possible that you'll lose all your money.

Investing in cryptocurrency is risky, but it can be a good investment if you do it correctly and as part of a diversified portfolio.