Many people I know formed a bias that cryptocurrencies are inherently risky and you shouldn't invest in them more than you can afford to lose.
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?
So curious to see the response especially today when we live in times of crisis.
No investment is risk-free. but, but let the risk to a minimum. The deposit in the account is the dead currency, it does not bring you any profit. Bitcoin is a worthwhile place to invest.
-pho
Bitcoin has the potential and most valuable thing in the world. So, yes get some bitcoin, and keep it till next year bullish run. You're only responsible to loose your money if you don't know how to manage it. Don't over react since Bitcoin is in a downtrend again, overall it's struggling at 10K.