Post
Topic
Board Economics
Re: How to save money on a long-term period
by
rickadone
on 24/09/2018, 11:19:56 UTC
Cryptocurrencies are better than banks.You can access your money anytime anywhere you don't need to stand in lines just one click and your payment in your hands.
There is always that compelled force to HODL when it comes to cryptocurrency and normally for people who certainly have problems saving in the past, they usually just find themselves, succumbing to the market for capital gains in the long run.

I understand the OP with the whole black metal thing and sometimes that is the main idea behind investing on its own rather than leaving your money hanging. There are certain things you can do with money, which you'd be surprised at how they can bring in such a great value in the long run.

Actually, the thing with cryptocurrency is that it sets one mind to the idea that you are investing into the future and apparently, until you are able to profit enough from it, before you can even decide to opt out a little bit. That is the mindset virtually everyone has, most especially for those who are just joining the train. Yes, that kind of mentality can compel someone to save, but should naturally not be the only reason to save, as it could be in fiat or any other means, it only takes principle and dedication to do it.