Post
Topic
Board Altcoin Discussion
Re: Is it smart to keep all or almost all savings in prime cryptos like BTC, ETH?
by
spngebob
on 14/11/2017, 23:46:14 UTC
Hi,
Anyone is doing this? Basically if I am not wrong BTC, ETH and maybe a few others seem pretty safe. Money in the bank gets nothing in return.
It is very risky, never invest all your savings.
Maybe these cryptos go down a lot, but in the long term they are always going up.
You don't know what can happen in next few years, maybe bitcoin will drop to 1000$ and then you will lose your savings - or maybe it will jump to $50K and you will make money - no one can know that. Too risky if you ask me.