Post
Topic
Board Economics
Re: Different between Cryptocurrency and Banking sectors
by
thetruth123123
on 05/08/2018, 20:44:00 UTC
Saving money in a savings account is like putting money in a pocket with holes. Banks only give you interests that are lower than the inflation rate. It‘s how they make money. You are better off investing in ventures (Crypto currency) that give a return higher than the inflation rate.
I would rather do, which I am actually doing, diversifying my savings into several spheres as banks and regular money storing in the house, gold and of course cryptocurrencies, right now I have put that much effort into cryptocurrency.