Do you save in cryptocurrency?

[Barida]

Cryptocurrency is gaining more momentum globally, and it is now being used as a means of payment for goods and services. This has made me reason that one can also save funds on cryptocurrency as well. Do you consider it as a viable option as well?

 

[Sara]

It's a very viable option, a good place that one can save and make payments of whatsoever they needed. I am not there yet but surely, I will learn to save in cryptocurrency.

 

[Frost]

Last month Bitcoin BTC was above $100k. Today, it's below $84k. Do you have any idea how much those white saved in Bitcoin have lost within one month?

 

[LucyCoffee]

There is no doubt that this is the right choice, I already have some in a cryptocurrency account, now in fact many institutions support cryptocurrency payments, even though it fell a little bit compared to the previous one, but it does not affect my life, anyone who invests should know that the eggs will not be put in one basket!

 

[Ryder]

No, I don't save money in cryptocurrency. I only have some of my money in stable coins especially USDT. It's the only cryptocurrency safe to leave your money in that's not subject to fluctuations in price.

 

[Maddox]

Naah, I can't and I won't be foolish to save money in cryptocurrency when I know it's possible to lose a big part of my money to cryptocurrency volatility.

 

[Kennysplash]

Due to the rapid decline of the Fiat currency I keep a percentage of my income in a stable crypto currency. This helps me to combat inflation to an extent.

 

[Ja sa bong]

I have a few bucks saved in USDT, Litecoin, Dogecoin and Bitcoin. I'm carefully managing all my cryptocurrency assets to make sure I don't lose my money to the market unstable nature.