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Old 02-08-2021, 08:52 AM  
jscott
So Fucking Banned
 
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Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Quote:
Originally Posted by klinton View Post
unfortunately, its true, because of inflation.

however sometimes its better to keep fiat and avoid losses...

do we operate yet in BTC or still in fiat?

and 1btc is 1 btc or we rather count it to fiat (how much is it)

there you have the answer....
you're thinking short term, about "avoid losses"

check the history of any fiat currency. sure you can get in and out of assets trying to maximize gains and reduce loss, but does it actually work that way? sell at high and buy at lows always?
it's tricky

hold asset long term and you're fine, isnt that what historical graphs show us?
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