Post
Topic
Board Trading Discussion
Re: did you put all your money into bitcoin?
by
goldcoinminer
on 28/09/2016, 05:58:19 UTC
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
Fiat loses its value every minute of every single day that is called inflation, in fact fiat currencies are one of the worst ways to try to store value and the dollar has lost more than 95% purchasing power.
That is because of the economy of our country but since bitcoin cannot function without fiat or without the support of fiat we have to deal with it, so if you are afraid you are losing the value of your money when you just save it in the bank, better allocate a portion of it for investment.