The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They dont have enough guidance that will help them to invest better.
Actually, this is all about timing. At the right time, you can achieve better conditions as long as you can do the right thing. However, in the general economic development period, it may make more sense to prefer investment and saving during economic contraction periods. This is all my idea. You need to reach maturity to make your own decisions about your investments. Or you may need support from a licensed person.
Especially Bitcoin investment was a profitable from last summer. Because in long term, Bitcoin has a big potential still.