Re: I hardly have up to $100 again in all my fait bank accounts since I joined BTT
That has been the reason many people do not prefer fiat but prefer bitcoin, while also that if bitcoin is probably investment on, can give profit.
No one can invest in fiat because it always devalues.
No one can invest in fiat because it always devalues.
While inflation does eat fiat value,
you do realize btc dropped from $64K to less than $17K in only a few months.
BTC losses have been worse than inflation.
Yes that worst and see how fast it moves this is why we need not to get more emotional in terms of doing decision making base only on what we observe today, I split my balances on multiple alts together with fiat and all of my earnings go straightly on fiat because as of now I think this is safe since volatility is bitcoin is not trusted due to its volatility. So I guess I would rather deal with inflation first and think about my next move rather than hating fiat and go straightly with bitcoin since it could drain all our money if bear market occur.