@fluffy Anyone keeping their savings in a savings account doesn't know how money works.
Savings accounts haven't been a reasonable place to keep your money for decades. You've always needed to keep your savings in low-risk investments just to match inflation. If your money isn't growing to match inflation then you've already been paying an average of 2% per year to store your money.
Cypto *can* be part of an overall strategy, but it's a very high risk part. On any given day it could double or half based on basically nothing. You'd want to have a balanced and diversified portfolio of investments from low risk to high risk to make sure that no matter what happens you achieve growth. As high risk assets grow you'd also want to periodically rebalance so your wealth is protected as your high risk investments grow.
Savings accounts haven't been a reasonable place to keep your money for decades. You've always needed to keep your savings in low-risk investments just to match inflation. If your money isn't growing to match inflation then you've already been paying an average of 2% per year to store your money.
Cypto *can* be part of an overall strategy, but it's a very high risk part. On any given day it could double or half based on basically nothing. You'd want to have a balanced and diversified portfolio of investments from low risk to high risk to make sure that no matter what happens you achieve growth. As high risk assets grow you'd also want to periodically rebalance so your wealth is protected as your high risk investments grow.
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