Topic: Would you rather make your investments in FIAT or CRYPTO? - page 3. (Read 1336 times)

Banks give very little internet which is limited to 5-10% and besides the bank deducts income tax from that profit due to which the interest rate is further reduced but if you invest in crypto it is possible to make several times profit from it in a year.  So I think crypto is better than FIAT if one wants to invest.  But if one wants to make a safe investment and stay relaxed by investing and low interest rate is not a problem for him then he can keep money in the bank. Crypto is not for him. But we know that there is no gain without risk.  So if you want to invest, it will be better to invest in crypto with risk

Instead of investing on fiat, it is better to invest in gold and bitcoins, fiat is no longer trusted  and it's a tool used to manipulate the masses, it's value does not have a particular direction.
Though You have a good suggestion and it will be profitable if you invest a big sum of money in fiat to expect significant reward from it.

OP, out for me lost but alternatively I think you mean to ask between having a fixed deposit that is to offer Monthly interests and Investing on crypto which is preferable.
If so, I think it is Worth debating because the both sides like to lean on time factors (patient).

Fixed deposit is one of a kind assets that is provided from the bank just as Bitcoin being one of a kind origin of crypto assets in a Blockchain.
A fixed deposit assets is such that involves a lower risk but may not be able tackle inflations hence, it's interest rates is depended on the period of time the fund is invested (deposited) and has some taxational charges with tendencies of low returns.
On fixed deposit investment, its investors is deprived from tempering the deposit fund and it is unwise engaging on investment that can not help to give your present solutions to your needs while you have some money out there alternatively, tempering your deposited fund in an amateur can compromise your assets value.

Bitcoin Investment is a one kind investment which its investors is in-charge to it all decision making except for its volatility which determines its appreciative or depreciative values.
In Bitcoin investments, one is accessed to place withdrawal of its fund and doesn't matter if it is a long-term or a short-term investment.
Bitcoin is potential to profer its Investors richness in an overnight and can also mess one up overnight but there is absolutely no tendencies getting it all lost that is barely the risk in Bitcoin investments but its investors high rates of demands has it the possibilities to higher rates in returns.
Bitcoin as a decentralized digital currency is simply reliable as an independent digital assets.

So with all  Dos and DON'Ts, I am relaxed with the crypto investment bit Bitcoin precisely because it has me a higher level of reliability and profitable in the space of crypto Blockchain.

   Investing in cryptocurrencies can be exciting and potentially rewarding, but it comes with its own set of benefits and risks. It's essential to do your research and understand the market thoroughly. While fiat currencies are generally considered more stable, cryptocurrencies like Bitcoin and Ethereum have gained popularity due to their potential for high returns. I personally use Bitget, which is a user-friendly platform for trading various cryptocurrencies. However, I'd also recommend diversifying your investments and not putting all your eggs in one basket. It's a good idea to consult with financial experts and stay updated on the latest market trends before making any investment decisions.
    Cryptocurrencies have emerged as a major source of investor enthusiasm over the past decade, with some investors predicting that one or more tokens will eventually supersede fiat currency. Of course, if one or more digital currencies do end up making it in the real world in this way, it's likely that investors in the cryptocurrency will see great rewards for their early adoption. The question, then, is which digital currency is most likely to have a chance of this success outside of the relative niche crypto-enthusiast community. For me, that would be, Bitcoin.

I have no worries when I invest in Bitcoin, but I can't afford to risk my money by investing in altcoins or shitcoins, because fiat currency is way better than those altcoins and shitcoins.
However, a bank is not a good idea for one to save money because it is being controlled by people and it is not private. Why I like Bitcoin investment is because nobody can control it and you just have your privacy.
Privacy really matters in every investment, so if any investment doesn't keep your privacy, then the investment is not worthy of your money.

You have a good idea regarding the fact that you don’t want to put all eggs in one basket. I love that but fiat stability is not really obtainable as before nowadays it’s depreciating instead of appreciating. I feel ingesting in crypto won’t be a bad idea.

Putting money in a bank is actually a bad idea if what we want is profit or to store the value of our assets. Bitcoin or stocks, assets like gold, real estate would be a much better choice. But putting all your money into bitcoin or stocks is also not a wise decision. You need to think about life's emergencies and what happens if you're in bear season, or the value of your portfolio is losing money. No matter what you say, in life we will still need fiat and banks, but we should not put all our assets into it, just enough, the rest should be invested in bitcoin.

If I were in favor of fiat, I would not join this forum and I believe that everyone here would have the same thoughts as me. OP is asking about choosing between fiat and bitcoin on the bitcoin forum, I would be surprised if someone chose fiat and not bitcoin  . Both have their pros and cons, if someone doesn't want to take big risks and is willing to take low returns then they should stay with fiat currency in the bank. For those who like to take risks in search of greater rewards and want to avoid inflation, and change their lives...bitcoin is the choice. But there will also be some people who take advantage of both to optimize profits as well as ensure their safety.

I have always stored millions in the bank since 10 years ago now and I can tell you that you won't make anything worth talking about leaving your money in the bank account, the truth that many people don't know is that those banks are also big investors too, they have access to peoples fund right? They can take them money out and invest in other things using money that doesn't belong to the bank.

They will make great income and you ain't going to get a dime out of it, this is what SBF did but he isn't running a bank anyway and he took things too far, I am not surprised that they fought so hard to bring him down because it's crypto exchange anyway, not a bank, if it's a bank we might never heard all about this but the war was on crypto in general.

I would rather have all my money in crypto and stocks, when Bitcoin makes a new all time high I will take some profits, even if it's just a 2x of my initial investment it's still something that the banks can't give you if you storing your funds in your bank account.

Bank investments are safe investments no doubt. They provide a small yet confirm returns over a period of time. So if someone wants this, then definitely they will go for FIAT investments. On the other hand, if someone wants to make good profits by taking sufficient risk, then he can go for crypto investments. If you ask me then definitely I will love to invest in cryptos, especially in Bitcoins. Here I have complete freedom of my own finance, and the scope to get better profits are available.

I am for crypto because if Am for fiat then I would go to bank but since I am not ? so I choose not just
 crypto but BITCOIN instead so be clarity and better to choose bitcoin on that top. and also sometimes I need to convert fiat for
 Bitcoin and now i am pure bitcoin investor(though I have a little in Bank for my other transactions as there are only few that
accepts crypto here) .

  To others who understand Bitcoin or cryptocurrency, most who have a deep and extensive knowledge of it actually profit from volatility; did you know that? I think you don't know that, and you are not aware of my opinion.

  But it cannot be denied that because of the volatility, many people are disappointed in Bitcoin because the market is too unpredictable, so many of their capital assets also end up in losses.

Fiat is money issued by the government of a country that is used for everything in that country, so holding fiat is not an investment.  But crypto is a digital currency so investing here has a lot of potential.  I am definitely interested in investing in crypto and I have been involved and invested in crypto for a long time.  The value of fiat money is starting to decrease day by day against the dollar but even if the price of crypto goes down it recovers again and profit is possible from here so of course crypto is much better than fiat.

Same to you, I always stick to diversification method and I absolutely invest on both as long as I have my money to invest since both of them is doing good and every investment always comes with risk that's why it's better to not put all your eggs in one basket. When it comes to stability, I agree that fiat is far more stable than bitcoin.

I chose both of them because it was a good thing to do as it was too risky to just put our money solely into a single form of investment. But I put more on fiat investment over crypto even though we think that crypto investment is profitable because of its safety assurance. I don't save money in the banks either as I use them for investment, maybe just for now while still working on it and keep on growing.

Anyways, we have to choose the kind of investment that we have the knowledge and we think that we can manage it properly as this will be our assurance for success.

You’re on track actually, there is a need for a lot of experience honestly if you’re investing in crypto. But crypto investments pay more than fiat, I’ve been using Bitget Shark fin and it has been more beneficial than that of fiat.

Bitcoin's fluctuates, huh? Certainly has its glory and gutters. Well said regarding the misinformation. And sAnd scams do exist, so the skepticism isn't unwarranted. But, oh man, many, including me, go from doubter to advocate

Your strategy for enlightenment, not coercion, is key. It's like giving a lost person a map - they may not take it, but it's worth trying, right? Ignorance promotes misinformation. Plant knowledge seeds and watch them grow with patience and sun

Suggestions? Continue talking, maybe share stories. There are stories about actual people turning crypto into real money, not simply data and stats. Have you noticed how people listen when money talks? Maybe they'll listen if we speak their language. Let's keep breaking myth and fact, fear and trust. Keep going

Yes. And that's the reason why I am still here. Because if I don't like volatility and I have chosen fiat over it then there's not that much change at all.

That's how it should be when you invest in crypto because you understand that it is highly volatile and it's not going to be the same as fiat that don't have much move at all but quick in inflation increase rate.

But there are some investments in fiat that are also good, so why not take both sides so you understand both worlds of investing in crypto and fiat?

The question is, will I choose Bitcoin over Fiat? The answer is yes, I will. Bitcoin halving happens every four years which normally result to a bull season for Bitcoin, if perhaps I have Fiat that I am full awear I am saving for the future and I am not going to need the money in the next four or five years, then I would rather hold in Bitcoin than Fiat, reason is that before that five years would be up the Fiat might have depreciated in value and inflation on the price of goods might have also spike, but if i hold the money in Bitcoin, I definitely will make profit and I can also exchang the Bitcoin to any Fiat I want that currently have good value and if I have a dollar or pounds bank account, I can as well deposit in any of the currency in exchange to, which I can further exchange in the bank to my local currency at a higher rate to my local currency.

"To understand the crypto market and its volatility" is the most crucial factor. Knowing this would alert investors to the fact that not all crypto investments will be able to withstand the crypto market volatility and maintain a high price, as bitcoin does. Due to the volatile nature of crypto, several altcoins have vanished from the crypto market because of it 

Just being aware of this issue would let an investor distinguish between investments to make and those to avoid, particularly those involving altcoins.

Yes, I will. If it is to choose bitcoin over fiat. But if it is for altcoin over fiat, I will choose fiat instead of altcoin