Is it smart to keep all or almost all savings in prime cryptos like BTC, ETH?

[CryspRayz]

I keep all only what I can afford to lose. I accept the fact that I can lose it all. Keeping all in crypto is quite stressful

[Winner]

I keep all only what I can afford to lose. I accept the fact that I can lose it all. Keeping all in crypto is quite stressful

If you want to store coins within a wallet and you are hoping to make money on it then just put the money in Bitcoin.

[randal9]

I keep all only what I can afford to lose. I accept the fact that I can lose it all. Keeping all in crypto is quite stressful

If you want to store coins within a wallet and you are hoping to make money on it then just put the money in Bitcoin.

I agree...bitcoin will not only save money but will also multiply them...especially now

[LordDisick]

If you are a risk taker then its your call. Personally I wont keep all my savings in crypto, I want to have a balance between having fiat and cryptocurrency because we never know what will happen in the future. Maybe im still skeptical about the fluctuating value and I don't to risk all my savings.

[Rudementry]

Banks will not give you high interest on deposits. Bitcoin and other altcoins can multiply your investments and multiply them by zero. As I understand from your message, you are ready for this. Just calculate the percentage of your income in real life, which you can invest in crypto-currencies. There is always a risk.

[JesusCryptos]

Yes, this is quite safe, but you missi the opportunity of some real 100X gain, which happens only with coins relatively unknown.

[The_Dark_Knight]

Atleast take some profit. Having it all in crypto is very irresponsible.

It depends on your plans a young person may decide to invest most of his earnings in bitcoin at first and as he becomes older he could begin to invest in safer alternatives, while I do not know how many people are doing this, this is in fact a very known tactic when investing, when you are young you need to invest in assets that give to you the biggest profits but when you get older you switch and invest in safer options.