Quote from: popping on March 21, 2018, 02:03:20 AM

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 ?

The decentralized money is regarded as an asset and not as a real money. No financial advisor will tell you to invest all your money in decentralized money (Bitcoin), and moreover I don’t think that you yourself would be ready to do that, so stop saying what you can’t do, or if you were advised to invest and store all your money in Bitcoin, will you do that? When you already know that it is volatile and you can wake up with more than 50% of the money you invested gone. I know for sure that you’re not going to try it. So, you keep a bigger amount of money that can sustain you in your bank, and invest in bitcoins a small percentage which should be affordable on the event of any unexpected losses.

Quote from: ChiBitCTy on June 25, 2020, 03:09:43 PM

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.

Bitcoin is speculative investment opportunity due to its intrinsic characteristics and real world usage; being a payment system is one of real world application to get it more demand. No centralized money offers such opportunity to gain big ROI and this is the reason we are preferring it to use/save over our traditional fiats.