Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?
Everyone needs to have a financial plan in place and have money IN THE BANK before they should ever consider buying bitcoin or some other cryptocurrency. There is a difference between the two in terms of investment wise. Cryptocurrency is a means of payment as well as a speculative investment. One should have their retirement on track with a proper portfolio made up of financial instruments, as well as have several months of rent/utilities etc on hand inside of their bank account. Then and only then is it wise to buy cryptocurrency.