Quote from: BitGoba on June 23, 2025, 05:52:05 PM

You don’t need to pay attention to short-term fluctuations unless you're a professional trader.

If you're just an ordinary person trying to protect your savings from the silent theft of fiat currency inflation, there’s no need to constantly follow what's happening.

When you have extra fiat money that you want to preserve long-term, simply convert it into Bitcoin and move on with your life.

Fiat currencies have no bottom they will always keep losing value.

Bitcoin, on the other hand, has no top.

Even as a professional trader, there is no point trading your bitcoins due to short-term volatility, how much will you even makes as profits?

It is a good idea to convert your Fiat currency that you intended to save for a long term to bitcoins in order to save it from inflation which has been affecting Fiat currencies but you still need to keep some Fiats in case of emergency needs so that you don't sell part of your bitcoins to sort that emergency situation.

It's true that Fiat currencies have no bottom but it doesn't mean that you should not keep part of your money in Fiats while still hodling bitcoins. Bitcoin has no top but yet it is safer than keeping all your money in Fiats currency.