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Author Topic: Would you invest in the USD (or any other fiat currency ?)  (Read 392 times)
Rana590
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January 31, 2018, 07:20:36 PM
 #41

I don't want to invest on USD. Personally i prefer bitc, eth, and other crypto currency than usd. Some of coins are most stable and potential. After some days, i will get my huge amount of profit from it. For this reason, I like btc, eth than usd.
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January 31, 2018, 07:26:38 PM
 #42

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

I really believe in your statement, if i'm gonna sell btc it's like i'm buying price of fiat and it's worthless for me though We use fiat for buy and sell things. but in the long run fiat money will decrease because there's no back up for that. i know gold still the precious material we have but in our era cryptocurrency will overtake any currency in the world.

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Tamim121
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January 31, 2018, 07:31:27 PM
 #43

i want to invest in crypto via fiat.my choice is buy bitcoin and hold it longterm.
I'm agree with you. I want to invest on bitcoin, litecoin, bitcoin-cash, eth. Buying this coin and hold for long term give me huge profit. Because this coin is so much potential and good coin. This coin give me more profit than USD. Day by day this coin prices are increasing.  So without any hesitation I choose crypto currency for investment.  

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January 31, 2018, 07:35:54 PM
 #44

I don't want to invest on USD. Personally i prefer bitc, eth, and other crypto currency than usd. Some of coins are most stable and potential. After some days, i will get my huge amount of profit from it. For this reason, I like btc, eth than usd.
To me i think that those people who know the importance of bitcoin they will surely invest money in bitcoin and other altcoins as compare to USD, because the income that we can get from bitcoin or some other altcoin we even cannot think about to get from USD, In fact USD is so much stable and there can only be a very slight increase in its price therefore we even holding USD for a long time cannot get such a big amount from it.
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January 31, 2018, 07:39:45 PM
 #45

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

I find that your opinion is correct, as it is now if we sell cryptos that means we buy into fiat currency. The current money has very high inflation so the exchange rate will be reduced over time. Though, the difficulty here is that cryptos are not accepted as an official currency to use in every transaction so we still have to buy fiat currencies to be able to trade everything for personal needs. If future cryptos are accepted, then I will hold and not convert to fiat currencies.

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January 31, 2018, 07:41:38 PM
 #46

I invested and will invest too in future. But I did it differently. I was a miner once and I bought mining hardware by fiat money as I had no crypto coin that time and was paying electric bill through fiat too. But Crypto is volatile and now a days it become more volatile than ever. So I will not prefer new investment by fiat unless I get possible potential coin at lowest price
TheySeeMeHodlingTheyHatin (OP)
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January 31, 2018, 11:34:07 PM
 #47

I invested and will invest too in future. But I did it differently. I was a miner once and I bought mining hardware by fiat money as I had no crypto coin that time and was paying electric bill through fiat too. But Crypto is volatile and now a days it become more volatile than ever. So I will not prefer new investment by fiat unless I get possible potential coin at lowest price

what if now its the lowest you will ever see ?
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February 01, 2018, 12:34:53 AM
 #48

I mean if you're investing in the USD, you're not going to be investing in the currency itself. You're going to be investing in bonds that are supporting the government that is backing the USD, the US government would be this entity. Those have pretty low returns, though if you need safety or protection against inflation (TIPS bonds) this could be the best option for you.

I wouldn't though, that's just me in my situation though.

I guess he means buying usd not investing in it.
By buying bonds you are investing in the country and it's government. You rely on it to make the right decisions. If they for instance go to war and lose, your bonds and the currency that you bought will be worthless.
If you buy the currency you're in a way investing in it too. That's what forex traders are doing. Buying a currency in hope that it will gain value in relation to other currencies.

So, bonds are bonds, currencies are currencies.

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February 01, 2018, 12:38:16 AM
 #49

The reason why people sell Bitcoin is because they still need flat currency to buy things that Bitcoin cant buy just for example basic needs of people like food, clothes and shelter. You also need to survive to be able to hold Bitcoin or make money in Bitcoin.
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February 01, 2018, 12:31:36 PM
 #50

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

Here the better decision will be investments into real estate. This stuff will always have value, especially if you buy prudery with the land. Additionally I invest into altcoins, which can bring more profit than Bitcoin
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February 01, 2018, 01:13:37 PM
 #51

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
I think if we're talking about investment as such, it must be something that is developing and has a potential. It is such a situation with cryptocurrencies,  USD isn't developing now, as long as it's been existing since 1861. By buying USD you can just support its existence, but what's the profit? It will only help governments to control people's money.
TheySeeMeHodlingTheyHatin (OP)
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February 01, 2018, 08:10:40 PM
 #52

fiat (USD etc) currencies always depreciate anyway.. always.. !! if you are holding fiat currencies (such as USD) you are automatically losing money
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February 01, 2018, 11:12:00 PM
 #53

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
I think if we're talking about investment as such, it must be something that is developing and has a potential. It is such a situation with cryptocurrencies,  USD isn't developing now, as long as it's been existing since 1861. By buying USD you can just support its existence, but what's the profit? It will only help governments to control people's money.
I personally not going to choose USD or any other fiat currency for investment purposes, because i know that they have very stable price and a very small fluctuation can be observe in their price, instead i will like to invest my money in altcoins where we can choose such altcoin who have more potential and their price are expecting to increase too much.

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