Would you invest in the USD (or any other fiat currency ?)

[Francissco12]

I would not do it, but my father does invest in legit money, specifically in dollars. What happens is the same, the forms of investment are different for a person living in the United States than for a person living in Colombia. In Colombia, the dollar has a considerable monthly increase, while in the United States it is more feasible to invest in cryptocurrencies than in a currency that is traditional or in some other.

[1715449567]

1715449567

[allthebitandbobs]

ahh not really .U can buy other things like cars property with fiat .I never hold lots of fiat just enough to get by with day to day

[TheySeeMeHodlingTheyHatin]

So far, every fiat currency in the world is inflationary. It will always decrease in value overtime in the long run. Its a guaranteed loss !

Whenever you sell bitcoin, you are buying a fiat currency; making sure you will lose in the long run

TLDR: JUST HODL BTC

At some point you will still have to trust the fiat system to meet your needs because that is the only way you can only enjoy the btc you have pending the time  that bitcoin will be accepted as a mainstream currency. What is there is just that one should only convert what is being needed at the moment to fiat while you keep the other as asset. Aside that, converting to fiat to keep the value can also work out if you don't keep in cash and cash equivalents rather in investing activities most fixed assets.

indeed. convert to fiat only what you wanna spend. aside that: hold bitcoin

[ChiBitCTy]

Newbie OP..what sort of education do you have under your belt to make such claims ? This is absolutely false and a waste of everyone’s times. As a licensed financial guy I can assure anyone this is not true. Fiat currency is traded daily in the markets, if it was only going down than no one would invest in it. You have no idea what you’re talking about.

[TheySeeMeHodlingTheyHatin]

Newbie OP..what sort of education do you have under your belt to make such claims ? This is absolutely false and a waste of everyone’s times. As a licensed financial guy I can assure anyone this is not true. Fiat currency is traded daily in the markets, if it was only going down than no one would invest in it. You have no idea what you’re talking about.

take a look again

[TheySeeMeHodlingTheyHatin]

that depends on where you come from. if you are from venezuela, your could think about it

every fiat currency has historically depreciated

[Kprawn]

It depends on your situation. If you are a conservative investor, you might want to look for the low-risk investments with low

volatility. If you are more aggressive and a risk taker, you invest in things with a higher risk, like Crypto currencies. Your

situation will determine your appetite for risk. {If you have lots of disposable wealth, then you might be looking for

investments with a bit higher risk... because you can afford to take little knocks with low investment amounts.  

[Jackblack90909]

I wouldn't invest in  fiat currencies, it is not very promising compared to crypto currencies. Investing in crypto currencies is much more profitable, since their prices are rising fastly and the demand for them become higher recently.
Fiat money have low value and their prices are too volatiles, but rising so slowly.

[Proton2233]

All investments can generate income and loss. No matter you make these investments in Fiat or cryptocurrency. Income you bring not a currency. Income you bring to the project. Now for example the people who kept the dollars are losing their savings due to the depreciation of the dollar. Those who kept the cryptocurrency, too, are losing their savings due to the depreciation of the cryptocurrency. Ready-made recipes to make a profit does not exist.

[hadveach]

yes, I agree with you that the fiat of today can no longer be used as a currency value, in addition to high inflation, people also have start to saturate, because of its passive value.
but you also have to consider when you leave the fiat and move to crypto or bitcoin, then there is a big risk that you have to fight.

[rodalutor]

So far, every fiat currency in the world is inflationary. It will always decrease in value overtime in the long run. Its a guaranteed loss !

Whenever you sell bitcoin, you are buying a fiat currency; making sure you will lose in the long run

TLDR: JUST HODL BTC

Inflation is always relative to something else. If you simply had BTC and never used it then the price would never matter, you have to be comparing its price to something. Realistically most people at some point will want to spend the value they have in BTC, the easiest way to do this is to convert it to FIAT.

[TheySeeMeHodlingTheyHatin]

So far, every fiat currency in the world is inflationary. It will always decrease in value overtime in the long run. Its a guaranteed loss !

Whenever you sell bitcoin, you are buying a fiat currency; making sure you will lose in the long run

TLDR: JUST HODL BTC

Inflation is always relative to something else. If you simply had BTC and never used it then the price would never matter, you have to be comparing its price to something. Realistically most people at some point will want to spend the value they have in BTC, the easiest way to do this is to convert it to FIAT.

to purchase power

[munareal]

I will invest in USD and other fiat currencies in forex trading . It is the most lucrative business even better than HODL bitcoin. You make your profit depending on the type of forex trading you do.

[TheySeeMeHodlingTheyHatin]

I will invest in USD and other fiat currencies in forex trading . It is the most lucrative business even better than HODL bitcoin. You make your profit depending on the type of forex trading you do.

thats trading !

either way, fiat currencies historically always depreciate

[farhaan]

USD is already in its final stage to enjoy as the global reserve currency.It has already enjoyed 70 years the privilege as global reserve currency.If it had been the period just like before eight years,we had no other choice to invest except USD or gold.But now,most of us consider cryptos as the ultimate choice.

It does not make sense for anyone to chose USD or any other fiat currency which is subject to deflation in this crypto world.More over,investors would better feel to stay away from the government radar by investing in cryptos instead of investing in fiat currencies.

[dlhylton]

That's true but if you put that money in a savings account or a CD, you earn interest, offsetting the inflation. So I wouldn't always say that holding fiat is bad. I think it is necessary. Also all places accept fiat but not all places accept cryptocurrency, so holding fiat gives you liquid cash that is taken everywhere. But I do understand your point in the potential of cryptos for the long run over simply holding fiat. Right now both have their place in society.

[Carlsen]

Actually I have the local fiat included in my investment plan as well. Of course over time it is going to be eaten up by inflation.
But it is available immediatelly and it is accepted everywhere in my area. Those are advantages that might come in handy one day.
And the inflation losses are manageable in my country.

[Bito4ek500]

Of course you can invest in a fiat currency. I invested a few thousand dollars in a US current account because I thought the dollar would be more stable than Sterling during all the Brexit nonsense. I didn't buy bonds because bonds aren't as liquid, and have a greater risk because of the possibility of bank bail-ins. I've closed my dollar account, because I don't believe the dollar has a sustainable future any more. This is because of the massive debt mountain that is dragging it down. I've been transferring my dollar holding into .com domain names, and over the next few months I will be selling those for Bitcoin. I think Bitcoin is a much better long term investment, but you do need to be able to ride the coming "corrections". Some of those are likely to be fairly substantial in my opinion. But these will represent good opportunities to increase investment in Bitcoin.

[Dreamchaser21]

I never try forex trading I’m more on stocks and cryptocurrency and I’m already contented with this two market. We can invest any where as long as you want it but of course you still have to study everything because risk is everywhere and I think forex trading is highly volatile and not good for a newbie.

[mahibul49]

i want to invest in crypto via fiat.my choice is buy bitcoin and hold it longterm.