Post
Topic
Board Economics
Re: Do you believe in savings or investment
by
Elissa~sH
on 13/04/2024, 16:55:01 UTC
But it may be our mistake to think that only profit will be earned by investing because investment involves risk. If one has a proper understanding of Cryptocurrencies and can analyze coins well then he should invest his savings in Bitcoin. Because investing in Bitcoin will provide much more security than depositing their savings in the bank or investing in anything else even they will be able to earn huge profits from investing in this Bitcoin at some point.
Yes, you are right. It is not wise to invest in bitcoin if you do not know how to do so. But it is better to invest money in the bank than make a profit by saving. There are many other types, but others, such as investing in a business or sharing, will bring good earnings.
If you are considering investing in cryptocurrencies, you can invest in good, stablecoins such as BTC, BNB, etc. Rex cannot be taken; if you invest in a good coin, you will get a profit.