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?
Stablecoins like USFT is not profitable, it is just like you saving in the back. Instead of doing this and since you are exposing yourself in the crypto space, why not invest in volatile yet profitable coins like ETH, BNB, and some of the top altcoins? Though it was risky but the point is that we want to grow our money and one way of doing this is to invest in projects that give us passive returns ROI. But I won't be saying to put everything you have (savings) in crypto. You can still save some in the banks and some part of it into crypto investment. We should take the necessary precautions and the safety of our funds.