Originally Posted by jscott

Cash is king, for spending, that's it's only use. If you're saving $ in cash, in long term, you're a complete idiot. As the monetary supplies expand, your cash is devaluing VERY fast.

Bitcoin is still the best savings technology. Finite supply with increasing security & usage versus fiat currencies and their infinite supply.

Altcoins, altcoin ponzis, centralized exchanges offering huge lending returns APY, etc are who drag the markets down, in the short term. (Add to the list, mtgox, quadriga, 3ac, luna/terra, celsius, ftx/sol and anything Sam Bankman-fried touched)

Learn your lesson. Buy BTC, withdraw to cold storage, and hold (save!!!)