Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
Am not saying saving isn't good, but my point is saving doesn't make one wealthy, the worst advice we recieve is 'save for tomorrow' but only few lay emphasis on the need to 'invest for tomorrow'.
So I would greatly say we invest some of our profits from bitcoin in to other stuff, than just holding it or using it for pleasure. The rare truth is how we believe bitcoin can change the game, so other systems are developing so we shouldn't be blindfolded.
Invest because savings doesn't increase or builds, investing is what gives you the life you want.
Let discuss this guys..
No matter how many bitcoin you hold you can still misuse the money, so we should understand the concept of Richness and Wealth.
Well, holding Bitcoin never made us rich until the time we converted it to fiat money. Rich people never save money but rather make it circulated and keep on rolling. In fact, that is how money works and if we want to become rich, we also never stop thinking about how to grow our money, not how to save them because value will depreciate due to inflation.
People are holding their Bitcoin not because they are saving but because they are waiting for the ATH and sell them. In this volatile market, it is somewhat important that we need to learn how to hold if we want to earn huge profit.