Community Trust ScoreVerified
Dan Held Shared: I put my savings into Bitcoin because I am risk averse.
Community Response: I put 2% of my savings in Bitcoin because investing less than that would be so irrational that it would border on idiocy.
You want to make a loss on inflation in the morning, not a real investment.
Love bitcoin, but I believe you could be mistaken and because you could be, it’s best not to be all in. Just trying to be a voice of some common-sense reason.
We must always back up our crypto so that you don’t have to be bothered when it goes bearish. Rather than buying the dip and waiting for a pump, I just get to trade my assets and my portfolio is now 13 BTC with insight and signal provision.
I put my savings in Tether and Bitcoin just because I don’t like our government. We are different.
I am a Zambian and 98% of all I have is in Bitcoin. Most people in western countries will never appreciate; yet, until inflation becomes so evident – soon though.
When you say “savings” – do you mean 10% of your savings or 90%?
And the world of people talking about risk on and risk off, listen to the man who held.
You didn’t want to take advantage of that .55% “high yield” interest rate on your savings each year?
Would be risky anywhere else. Bitcoin is a safe haven. Now, you have to hope other people will buy it, otherwise, you will be eating soup. Ponzi.
Buy bitcoin only with the money you can’t afford to lose. Blows my mind when I tell people this & they look at me like I’m crazy. I put my savings into Bitcoin because I am Smart. That’s actually what got me into Bitcoin. Always disliked banks.
Banks don’t like encryption because their savings have been emptied, and they don’t realize that their interest rates are too low to keep up with inflation. This is really the least risky way to invest. There is no risk for DeFi liquidity mining – it is lossless, and the token is ETH.
Started early, held, no regrets. Enjoying retirement and traveling the world. You should show an honest break down of your portfolio diversification. It’s easy to say you put everything in Bitcoin, but is that actually true?
Cool, me either and I put it into ETH as well.
I put mine in UST because I like a guaranteed growth of my wealth of +19% yr and compounding.
You can try DeFi liquidity mining. You can get 1.2-4.8 profit every day, very profitable project.
In fact, many people have a misunderstanding, that is, they want to buy low and skyrocket, without considering the consequences of continued plummeting.
Everyone is now talking about inflation and negative interest rates. It’s starting to affect normal people. Bitcoiners have been talking about it since the beginning. Bitcoin seems to be the solution. So, I want everybody to buy a little bit.
Lol. I can’t tell my wife what I do with our savings because she’s risk averse. (It’s 90% in crypto). There is a risk it can fall to its intrinsic value (0.00).
What’s the Original intrinsic value of gold just curious? 1800 USD/oz due to its physical properties.
If you look at the growth trend of bitcoin it’s not a risk at all.
Same. I am sure that I do not take risks when I trade on BFX.
Anywhere besides – Bitcoin is risky. I 100% agree with this statement. Although, I feel that ETH would be a close 2nd. With the obvious exception of King Bitcoin, if the market was to completely go nuclear and get wiped out, I feel ETH would be remaining after the rubble and dust settles as well.
And hey, if you got ETH, then you can stake it and make a bit of passive income in the process while you HODL.
I put my savings into Bitcoin because I do not trust any government or any Central Bank.
