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.
I also invest my money in bitcoin and eth because in long term i know i can earn with these coins. However i didnt go all in despite of its potential, for me its not wise to invest all your savings because every investment has risk.
Its better to save atleast 30% of your money in bank so if theres emergency situation you have money to turn on to, its hard to rely in your investment. Nevertheless the decision is yours its just a piece of advise.