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.
For me, moving most of your money into these top cryptos is a smart move. They already have history and backed by a good community and developers. They still have constant developments. But keep some of your funds in the bank (for ease of access anywhere with an atm) or at home as emergency funds.