If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.
Whenever I am investing in cryptocurrency, I don’t really diversify that much, my main targets are usually just Bitcoin and Ethereum. Although as of recent I’ve decided to add Cardano to the list of cryptocurrencies that I’m investing in. I’m not the type of investor that likes buying too many cryptocurrencies, especially the new ones in the market, because I know very well that most of them in the market are not really like Bitcoin and wouldn’t last that long.
So, anyone that is investing should also be very careful and know the particular coins that they are investing their money in, so that they can avoid losing funds in the future. Bitcoin is the only cryptocurrency for me that I know is really worth it, and then it is followed by Ethereum and a few others that are quite good.