Sometimes I begin to imagine instead of transferring my money into the bank to keep for a number of days or months before usage in form of savings that nothing will add up instead it remains stagnant or the bank charges me even more. Is it not better I save them on a stable coin such as the USDT?
Please what do you think? Will I end up losing my funds one day if I do so?
To me I feel it's good way to save.
Please what's your opinion on this?
This is not a bad idea you can save your money on stable coin like usdt. coz we are very bored for money infliction of fiat money and also for expensive bank charge. but if you save your every small amount on stable coin or USD then money inflation will not able to touch you. so i will suggest you hold your money in doller. If we keep money in the bank, the value of money gradually decreases because we are constantly seeing the inflection of our local currency And the amount of this inflection is increasing day by day. so without any worried save your money on USDT but not too much
But the only problem with that is he can't get anything since the he might get a stable value since he choose to save in stable coin. But if he decide to bought small fraction on bitcoin and think about he just do a little bit same like DCA method for accumulating then maybe he's savings will be worth it in future as there's a good chance for his money to grow more since we know bitcoin would give a good returns for those people who decide to hold this coin for long term.
But its still up for people whatever he like since at the end his peace of mind towards what he want to deal is important and if he think grabbing USDT is fine then that should be ok at least we give an option so that people could read this would think about what's more better.