Post
Topic
Board Economics
Re: Keeping money and keeping bitcoins? are they similar?
by
niall51
on 02/03/2024, 20:01:51 UTC
The massive awareness to keep bitcoins for as long as possible promotes people to develop the attitude of saving, just like saving money. Do you agree with this that people who are very good at saving money become very good at keeping bitcoins when they finally start doing cryptocurrency? Or do you feel that there is no similarity between keeping bitcoins and keeping money?

in my opinion it is a different thing to save money, we know the nominal amount of money that we save, even though the money is subject to inflation every year, but the nominal value, we know, is different from bitcoin, if we save bitcoin, the price of bitcoin will go up and down depending on whether people are ready or not for this. people down 5% instead sell bitcoin, their mentality is not ready to save, you have to be really consistent and have a different mindset, that's why someone says if you can't hold on to coins you won't be rich