Re: Savings in Bitcoin vs Saving Money in a Bank
by on 14/12/2025, 23:41:34 UTC
Fiat losses her purchasing power overtime if you keep it in the bank due to inflation. Bitcoin is the opposite to fiat as it's a store of value overtime. You need to save the value of your sweat by investing it into bitcoin instead of giving it to the bank for them to do business with it and still condition you on how to withdraw your money. Wealthy people invest their money in order to generate profits.
But wealthy people already have careful calculations before doing that, including still having money in their bank accounts. Because it would be something ridiculous if they did not have money in their bank account or kept at home. Basically, prioritizing only investment is far more risky, because as we know Bitcoin is very volatile. Can you imagine if all the money were invested into Bitcoin and then the price dropped sharply?Personally, I do not always agree with the statement that saving in Bitcoin is the right choice. I will always do strict calculations first before investing in Bitcoin or anything else. At a minimum, there should be five times a salary in a bank account or kept at home as emergency funds, and at least two times a salary for monthly needs. After that is fulfilled, only then should investment be considered.