Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin such a big risk?
by
kayvie
on 04/09/2020, 20:13:25 UTC
I agree with the above statement in a certain extent, but I'd like to ask the community. Is it riskier to place your money in Bitcoin or hold them in a fiat savings account? What's your opinion?
The answer is obvious, it is riskier to place your money in bitcoin than holding them as a fiat. It is just that, you have to face those risk to have the possibility of making a profit, it is like a gamble where you don't guarantee whether your money in bitcoin will increase or decrease. If you hold them in fiat, even if you hold it for many years, its value will be the same.