Bitcoin/Crypto is way safer than holding money in the Bank

First and foremost, this is not financial advice of any sort, if you take it as one fine because I am only sharing my opinion if it is useful to you or you relate to it, then that is awesome because I believe you have the right to do whatever you want with your money, it is all up to you to either save your money in the bank and watch the value and buying power depreciate overtime or invest it into Bitcoin or any other notable Altcoin that you find trustworthy after you have done your research, which will appreciate over time.


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If you are in doubt ask anyone who bought and held their Bitcoin from 6 to 8 years ago until November 2021 at Bitcoin's all-time high or even until now when it has endured a year plus of the bearish market and huge dump for the all-time high, even after the huge 70% plus drop from Bitcoins all-time at $69k, with the current price of Bitcoin those who invested in Bitcoin and some other notable Altcoins like Ethereum and BNB from 6 to 8 years ago, they are still in profit, in fact, huge profit. So holding Bitcoin/Crypto is way safer than holding money in the bank, your money invested in Bitcoin will appreciate over time but your money in the bank will depreciate in both value and buying power over time.

If you have been following my posts up you would already know where I stand when it comes to saving money in the bank or investing them into crypto. For the past 3 to 4 years now I have not saved my money in the bank, I only withdraw from my crypto wallets when necessary and when it is needed to off bills and take care of my needs. As I have stated earlier this post is not financial advice but my opinions and honestly, It is the right perspective. Bitcoin is non-custodial if you held it in a Cold wallet in which you hold the private key, "Your Keys, Your Crypto, Not Your Keys, Not Your Crypto". Note my previous statement is not me bashing crypto Hot wallets holders but there is always a problem with custodial wallets because the temptation to use your money for something else is always present and majorly some bad actors giving crypto a bad name can rug pull their customers including you, just like most failed projects and exchanges over the years. I hold almost nothing in the bank and will not change, Crypto all the way no matter what happens.

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This is a good perspective. The age of holding money at the bank is behind us in my view. Fiat is depreciating fast with inflation. Crypto is the best bet to save money, invest it or use it as a medium of exchange.

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Yes buddy the age of holding or saving money in the bank is way behind us.

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