Post
Topic
Board Economics
Re: Saving don't make wealth
by
GxSTxV
on 17/03/2024, 21:49:40 UTC
  No matter how many bitcoin you hold you can still misuse the money, so we should understand the concept of Richness and Wealth.
I may say that your point doesn’t always work on every case or all people, for me saving is also as important as investing, Especially Bitcoin we count it as an investment and saving at the same time as it’s something we believe as the future currency for the world. However, I also understand what you are trying to say which diversifying investments beyond Bitcoin reduces, mitigates risks and boosts opportunities.

The process of wealth requires both saving and investing smartly at the same time in my opinion. Understanding this balance is crucial for financial success and achieving our life goals using crypto, any business or industry.