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Dan Held Shared: Hodling Bitcoin is less risky than hodling Dollars.
Community Response: Holding physical gold will be even less risky after stock market crash (great reset)!
Nobody can own gold anymore. Reset. You own nothing.
I am still keep buying after shorten my BTC’s when you say Nobody can own gold anymore? In where? or why?
Dollar risk is calculated. BTC risk is unknown which makes it inherently more risky. Potential upside is obviously higher and probably outweighs holding cash especially long-term, but you can’t say it’s less risky.
All of my savings are in BTC and USDT for a year now so I am safe, but thanks for the reminder.
It’s a good choice, but ETH is also good. Tell that to someone who bought at 65k. Lol.
65k people who bought are unfortunate.
Who wants Big Profits with Doge? Future Trading Alerts. Note: Market is not owned by anyone so trade at your own Risk.
Holding dollars over a long period of time has proven to be expensive. BTC has ZERO long term history so neither you nor anyone else knows that it will be better. You have your beliefs but there is no history to support it.
You have to be incredibly profitable so far to say that. I think this is still more difficult for him. I think this statement is still 5 to 10 years early.
Yes and no Dan. Short term, no. Long term, for sure.
Well are you holding for the short term or the long term? But yeah that’s true.
In fact, there is no risk holding Bitcoin unless you forget or lose your passphrase.
Bitcoin can’t be hacked, in theory passphrases or keys can be cracked but that won’t succeed until long and long after you are dead. However online wallets can be hacked like Coinbase or whatever cause they also store the keys online and it’s Basically like an email.
Use offline wallets like a ledger nano, you will have to confirm every transaction through the offline device.
Why HODL dollars that go historical goes down overtime when you can swap it for Dawgs or Eth that historically goes up overtime? Beats me how people make these kind of decisions lol.
Not true! But it can be very profitable if you buy at the right time…
Bitcoin has lost 25% of purchasing power in a month. The Dollar 0.5%
Most people don’t understand risk or volatility but mistake one for the other constantly.
Holding MATIC is not risky at all. It is clearly the most promising project with the most potential entering 2022. As it stands, buying MATIC is the most guaranteed investment.
If It’s more common to think this way than to not think this way, what happens to Bitcoin then?
The difference is that USD is GURANTEED to go down while Bitcoin we are 99% sure will go up. Even if it does stay flat, it blows USD out of the water!
There’s no risk to holding dollars lol cuz it’s not a chance, we KNOW it’s plummeting so it’s really just a decision not a risk.
If you have too many dollars, and transport it, you risk it being taken from you simply because you have “too much”. Bitcoin fixes this.
Absolut 😉 Hodling since 2017‘s low prices – Euro would be -20-25%.
Bitcoin can’t get debased so it’s a much better alternative than USD’s.
Hodling a blazing mind and vigorous body is less risky than hodling bitcoin.
Not true, with btc you can lose 90% in a year. With dollar you lose between 1% and 6% a year.
True. But many other assets are better than dollar too, and could be much safer than BTC.
It’s just that the profit of BTC is higher than that of the U.S. dollar. If it is purely risky, of course, the risk of USDT is lower.
