Topic: Would you rather make your investments in FIAT or CRYPTO? - page 2. (Read 1336 times)

Not crypto but bitcoin. I'd rather choose bitcoin over fiat, but if I had to decide between some shitcoin and fiat money, I'd rather take fiat. This reminds me of that funny video on youtube where a guy was asking random people if they would prefer to get $100 or 1 bitcoin and a bitcoin was more than $1k at the time (somewhere in 2017)and they all wanted cash.
If you approached me asking if I want $1k in cash or $1k in XRP or something, I'd take cash and buy bitcoin

"hold your asset and still have the opportunity to save and make monthly interest?" I am not sure what you mean by this.  I would take holding money in your fiat bank versus keeping bitcoin money in your digital wallet (or physical) as essentially the same thing.  I think I would rather make my investments in FIAT however as it's more stable and more predictable.  Bitcoin I view as an entirely different thing.  I guess I need further explanation because this comparison doesn't really make sense..

I would choose crypto investment any day any time base on the fact that investment in fiat wouldn't yield as much profit as crypto even with less input unlike fiat, in crypto you buy low when it price is in bearish run by buying bit by bit using DCA thereafter capitalize on it volatility during a bullish run or when  it price pump massively just like what we are experiencing now in the market, for instance last year December the price of Bitcoin was $15700 an investor who bought at that price would have earned a 100% profit now with a simple buy and hodl, an $100K investment would have yielded same amount or more that is one of the main reasons that would always prompt me to invest in crypto whatever amount of fiat in my disposal I would always exchange it to crypto for investment.

   Saving in the bank has never been a profitable move, personally I have not seen anyone who as made profit while saving in the bank. Instead you will end up paying for VAT taxes and other taxes but that’s not the case with saving in bitcoin, bitcoin investment is profitable if you know what you’re doing and the interesting fact about the crypto technology is the privacy you have over your asset and of course it’s many benefits it’s brings to the economy, we have seen Bitcoin in it’s glory some years ago. And it’s not new what it might look in the future, the future of Bitcoin is bright hopefully the world will adopt the use of bitcoin, even if it’s hasn’t been an easy take on the government parts.
  Bitcoin will fight its way up because the masses are backing it up, with people gaining more interest in bitcoin and more awareness being created all over the world.  I believe in crypto,  I will rather invest in crypto that i have the knowledge in  than  fiat, the fiat currency is not  really my thing, I can’t risk my money over a group of individual decisions.

I am open-minded when it comes to money , the person who says that he would save his money in a bank I repeat it, but it is something that I do not share his Idea , because the bank is not going to give him the Reliability that the Bticoin gives, the bitcon just save it and forget that you have qbitcoin and if you wait more than 5 years it has a very great value, and of that I am sure because when bitcoin is with fiat, fiat has no life, fiat money is devaluable, the No bitcoin, no more with that condition, I have to do things very well with my bitcoin, it is what I need to be able to be well with everything I have, it is the best version and if Others do not Want to believe it, that is Already a Problem They.

I already have investment in crypto then I want to invest in crypto. By investing in crypto I think of investing in Bitcoin. I don't have much desire to invest in all other coins in the market or I don't have much confidence to invest in other coins which is why I always prefer bitcoin for investment. I have no doubt that Bitcoin is a reliable digital currency. In Bitcoin I can invest with confidence and when I invest I don't have to worry too much about that investment because I know that investing in Bitcoin will definitely give me something good. I have held my bitcoin investment for a long time and I have more plans to invest in bitcoin.

That is if you know how much when to sell and how much when to buy that is also why others chooses FIAT as they hate volatility but if we are to choose and to decide? yes  Crypto is the best(actually the title better to called BITCOIN ng CRYPTO because we are in bitcoin section)
This is what we can say now after learning about cryptocurrency Bitcoin specifically and now we can compare against banks and yes best and better to save our investments.

When we deposit money in banks, in addition to low interest rates, we also face increasing inflation, which causes the value of our assets to decrease over time instead of remaining the same or increasing the value of our assets. Therefore, I have never considered depositing money in the bank as an investment but just as a savings for emergencies.

Investing in gold also offers significant returns but is still better than keeping money in the bank because it can keep the value of our assets from being eroded by inflation. After all, when compared to all, bitcoin is still the most potential investment.

I invest in BTC with the aim of making a profit and of course investing for the long term and I also always take advantage of Bitcoin's fluctuations and volatility, namely by short-term investing in BTC and the goal is to make a profit and only sell when there is a profit.

I don't invest in fiat because what I know is that fiat is always subject to inflation, but of course I also need everything because I invested in BTC with the aim of getting fiat to reduce inflation and advance the economy by investing in BTC.

However, everything cannot be free from risk, so in this case business strategy must be prioritized.

Crypto investment still the favourable investment compared to fiat investment that will take some years before you can make little income which will not reach you to buy anything, but if you can invest in crypto when the price is low in the market and hold for long period of time, I think you will make something that will make you to value Bitcoin investment more than any other investment. Bullish season is the season many investors use to take income from their investment by supplying their coins to the market and sell to make huge amount of income that will reach them to solve any kind of issues they are facing in the society and save the remaining money against another bearish. It hard for you to invest in Bitcoin and regret in the future, because many investors has share their testimony here how they used little capital to start Bitcoin investment and became great in the community.

Monthly crypto earnings not just come from holding onto your assets. There are agreements, much like how yield farming works on certain exchanges or well known wallet companies. Holding with the sole aim of profiting from the asset's price increase depends on market volatility. You'll profit when the market is on an upswing (bullish), but during a bear market, it won't yield any returns, and your assets may decrease in value.

Crypto investment is very dangerous for people who are weak at hodling. Occasionally FUD occurs and emotions are influenced which will have a negative impact on crypto asset holders. Therefore, regardless of whether it is good or bad to hold crypto assets rather than fiat in a bank, the answer is relative, depending on the person doing it and their risk profile.

If I have to choose When investing only choose crypto or other form asset like stock. Fiat investment is great but nowadays with high inflation, I dont think is really great anymore. BRIC wants  to create their own money dollar is started losing so I think is not really the best option right now. But if you invest in crypto take profit when the bull market back to fiat and buying again at the bear market is fine.

Banks have the most regulated investments I can ever imagine, it will not be out of place to still rely on them to invest but to look at crypto, be prepared for whatever comes as the volatility of the market is unimaginable. Only people open to such are degree of volatility should adventure into crypto investments

I also used banks for several years and even until today. They have interest in offers for their services but you're earn measly from there.

That's a good strategy if you're not investing anymore to altcoins, meme coins or any shit coins. You're giving yourself a favor by doing that because you know that Bitcoin is coming to halving within the next months and then the price will shoot up after wards. As an investor, if the opportunity is on both ends, I'd do it honestly.

I will choose to invest in crypto (in Bitcoin specifically). However, gaining interest monthly is not that accurate in crypto since it depends on the status of the market and the coins that you're holding. But the potential to gain huge is always there especially if the coin that you buy is Bitcoin. It's true that an investors needs to understand what they are getting into before engaging themselves since Bitcoin is unpredictable and also associated with risk.

On the other side, I can't consider saving money in banks as an investment due to low interest. When it comes to fiat, I'd rather invest in gold than in banks.

It is evident that the traditional investment approach invented by the banks and financial institutions are facing hard times and the crypto space is a major destination for the former banking investors (this is obvious as MicroStrategy and BlackRock are good examples of these investment firms) This shows a wave of new crypto investors and it further advices prospective investors on what direction to go.

If MicroStrategy was to mentor people on investing right now, you'll bank on their advice being the crypto way than the regular fiat way, and small investors are looking for where the big players are headed. I'll go with the Crypto investment anyday.

Very true and to add to your point, you don't invest in fiat, you save in fiat, that's the right concept. You can choose to either save your money in the form a fiat in the bank and get very small returns quarterly or annually or you can choose to invest actually invest your money in Bitcoin, I said Bitcoin because it has proven to so far be the safest cryptocurrency with the best framework to invest in.
But whichever you choose is strictly your decision but while you make that decision I'll leave you with two points to note. Choosing to save your money in fiat may look like the safest way to save your money but that's what the bank wants you to believe while in reality you're simply enriching the bank and risking your money, why do I say so? We all know that inflation is hitting globally in an unimaginable way, thereby affecting fiat in ways you can never imagine. Save $100 in your local bank today and come back to check on your money after 1 year, it's still the same $100 but inflation would make that same $100 depreciate in value, less valuable than it was 1 year ago, so how is that a safe investment? Never fall for that bank trick.

But if you choose to invest in Bitcoin today, check back after 1 year and you'll see what a wise choice you've made. Sure there may be periods where Bitcoin would experience crazy ass dips and if you're not sure of yourself you may take out your money and that's when you loose, but if you overlook the pressure of dip and leave your money there, then you'll reap the reward of your patience and for making the right choice. One rule of Bitcoin is, you loose when you take out your money, but if you don't take out your money, you'll always gain. So consider this points before choosing where to put in your money.

Your point is somehow true. Bank is centralized and it is a type of business of bank authority. And they invest the customer's money in different places and make profit and give a portion of that profit to their customer may be 5-10% which you mentioned. But from here 10-15% or more income tax is deducted by the government of different countries as per law. But in case of Bitcoin this freedom is available that there is no hassle of bad tax. And fund management can be done as per your wish. And the price of Bitcoin is increasing day by day so investing here can also get a lot of profit. But where you can keep your principal money stable in case of FIAT and earn a certain percentage rate of profit, you cannot keep your investment stable in case of Bitcoin. Investing in Bitcoin is very risky. But I totally agree with what you mentioned that one can never gain without taking risk. So if you want to achieve something big, you have to take risks

Let me correct you on something else you said, because cryptocurrency does not provide monthly interest for your savings in the crypto space. because it depends on our knowledge of what level of profit we can get here.

Yes, it's true that we also need to have enough knowledge here because I also agree with the volatility that cryptocurrencies have and believe that they have the potential to provide good profits in the future.

Bitcoin till forever mate , never that I will choose banks over crypto specially as you mentioned there will be monthly interest ,have used banks for many years before learning Bitcoin I stopped engaging with banks not even use credit cards now as I am completely using either my monthly wages or my crypto holding .
but it is for Bitcoin alone and no altcoins or bs meme coin or shitcoins.