Post
Topic
Board Bitcoin Discussion
Re: Why not just save in Bitcoin?
by
Smartvirus
on 09/05/2025, 21:25:24 UTC
That's right. Saving in Bitcoin is wise though due to its volatility, it needs to be planned properly. In my opinion, using an amount that can be comfortably be left alone for a period of at least 4 or more years is the best way to approach saving in Bitcoin, as anyone who has done that since Bitcoin was created, has never failed.

It would be a dumb thing to do to go into anything without any proper planning. One who doesn’t plan is one who has planned to fail they say. When it comes to investing, you would have to have it at the back of your mind that, you could fail and in order to have a better chance at succeeding, you need to make proper plans.

Bitcoin being a highly volatile currency isn’t one that would serve the best interest of someone who is always looking at the value of them savings. The volatility of the market could lead to panic on the bearish seasons and this might push someone to sell.

So, if you ain’t hard enough to watch your coin asset depreciate even when you were expecting a pump, then you wouldn’t find much strength saving in Bitcoin. Still, I find Bitcoin to be a wise choice for an investment.