It would later ends up that it yield no profit to the owner but in cryptocurrency like holding Bitcoin for years would yield profit more than holding fiat in our local bank account.
Yes, holding Bitcoin in cryptocurrency instead of keeping fiat in the bank for years can also yield a lot of profit. I agree with your statement because when the value of Bitcoin increases, it increases at a huge rate. But the profit you get from your fiat in the bank is fixed. It never increases, but the value of Bitcoin increases and when it increases, the profit from Bitcoin is 3 times the amount of the bank. If you hold your fiat, it will be good for you. And if you keep fiat in the bank, you can also keep it. But I think every person should invest at least once in their life
When you start investing, you will understand why you should invest. By investing, you will gain a lot of profit, it will be able to prevent inflation, it will be able to bring you a good profit in the future. Holding in fiat will not yield as much profit as you get from Bitcoin
Rather than keeping money in the bank for a long time, buy Bitcoin with a long-term plan and holding it for a long time with confidence can be expected to make big profits in the future. I think it is better to gain the right knowledge before starting the investment, and to manage the investment knowing about the market volatility, so that you do not get disappointed during the market volatility and can hold Bitcoin with confidence. lt is not right to use all the money to invest in Bitcoin, some money can be kept for unknown future dangers, as a result, it will be easier to manage long-term investments properly consistently, and inflation can be avoided, and as a result, success can be expected in the future.
