Quote from: Naida_BR on May 01, 2020, 07:41:47 AM

Quote from: gredinger on April 30, 2020, 10:27:00 AM

Savings right now, I guess for me. Roll Eyes

I would buy with a small portion of it around 40% of the total amount Bitcoin.
The rest would be kept into a savings account in order to endure the coronavirus situation and the lockdown period. I know that it is not the best kind of investment to keep it into a savings account but this pandemic situation has made me be afraid of it.

Spoiled by the system, you think you are doing the right thing. You don't, if your fiat collapses, you lose all your savings. But you think the USD can never fail, that printing a few trillion dollars to give people "free money" won't do a thing...

I'll tell you the right thing: Move ALL into Bitcoin. And when you need to buy something, exchange only the minimum amount require to buy whatever it is you need.

If you keep 60% of it, expect to lose that 60% at any time without warning.

It would be a historical event, but once it happens there is no turning back. Printing money is not a joke, my country has done it sin 2014 and you can see the results... Foreigners laugh at our 3 USD monthly wage, and that's exactly the road we took. All you see is the price of things going up faster than your wage, until your wage is so ridiculous working doesn't make sense anymore and everyone depends on gov give-outs.