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.
Is there any drawback/risks from keeping one's savings in these top cryptos for the long term? I don't see how they could all crash rather than bring you significant returns, compared to keeping the money in the bank, watching it stay the same year after year?
Maybe these cryptos go down a lot, but in the long term they are always going up.
Is this a smart thing to do?
Thanks in advance.
Yes bitcoin and eth are a good choice and leading the cryptocurrencies. I dont think its a bad idea however think carefully before putting all your savings in crypto.
Yes it can be profitable for long term but are you aware of the risk? while its true that in the bank your money is freeze its not growing but for me its safer and i prefer to leave some of my money and invest 50% of it.