Bank or crypto? I think both of them have their advantages and disadvantages.
If I save in bank, I can have access to it at any time,I can withdraw my money at any time and my money might not increase but the amount will not reduce and if there is any problem(s), there is a financial insurance that covers my saving. However, the problem is that, the money will just there without appreciating, talking about operating savings account.
In the other hand, crypto has it's own limitations too: when you need money, the assets might have reduced and most importantly because it is decentralised, if any problem should happened for example loss of assets as a result of hacking, no one will be responsible.
What I used to do is that, I don't do rush investment in crypto, I only invest money that I know I don't need it in the next 3-6 months, then I also have little amount in bank that I used for my upkeep.
But what is the essence of money in bank that is not appreciating, why can't I rather invest 80% of it in crypto.
That's just my own ideology and it has been working for me.
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your answer what is exactly i want to say. yes, both of them have their advantages and disadvantages. *thumb up*
