Post
Topic
Board Bitcoin Discussion
Re: Would you rather make your investments in FIAT or CRYPTO?
by
gabbie2010
on 14/11/2023, 17:30:16 UTC
The crypto market has a high level of volatility. Anyone who is about to make an investment needs to have a good understanding of the volatile market. Now the question is, even with volatility, will you still choose to make your investment in fiat through bank savings with regular monthly interests or rather make your investments in crypto where you hold your asset and still have the opportunity to save and make monthly interest?
I would choose crypto investment any day any time base on the fact that investment in fiat wouldn't yield as much profit as crypto even with less input unlike fiat, in crypto you buy low when it price is in bearish run by buying bit by bit using DCA thereafter capitalize on it volatility during a bullish run or when  it price pump massively just like what we are experiencing now in the market, for instance last year December the price of Bitcoin was $15700 an investor who bought at that price would have earned a 100% profit now with a simple buy and hodl, an $100K investment would have yielded same amount or more that is one of the main reasons that would always prompt me to invest in crypto whatever amount of fiat in my disposal I would always exchange it to crypto for investment.