Post
Topic
Board Beginners & Help
Re: Journey of a newbie.
by
Abu-Naim
on 21/09/2023, 15:01:58 UTC
I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.
 
You take a good step to take another direction different from your local currency due to constant devaluation and the boring banking system that is not beneficial to you but beneficial to the owners of the bank since they use your money to do business and give out loans with high interest, while bitcoin investment will give you profit and it will not lose value like fiat, and if you invest in a non-custodial wallet, you will be in control of your money, unlike banks that you need to follow due process to get your money back.