Quote:
Originally Posted by CAHEK
Parking your cash in the bank with 4-5% interest it’s risk free investment.
Parking your cash in BTC it’s big risk investment that it might go to zero.
$12k BTC by year end is most likely scenario.
|
No offense CAHEK but this is the type of ignorance that keeps people poor.
Your method you'll gain in fiat value, but you'll lose in actual value, due to inflation. So you'll be happy, seeing your USD rising from your 2-3% interest (4-5% bullshit), but you'll actually be losing above 10% through inflation (actual CPI is always higher than reported, they fudge the numbers to keep ignorant people poor unphased, not panicky, and poor)