Current Events > Sometimes I feel like I should put all of my savings in Bitcoin and YOLO

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HellsingOrg
04/13/21 12:59:51 PM
#1:


I mean is it risky? maybe but like I would rather get like 500% interest in the next 10 years than a stable 8% or something in a savings account.

But I know its crazy but something inside keeps urging me to do it. Should I CE? Or am I crazy?

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Trumble
04/13/21 3:40:13 PM
#2:


HellsingOrg posted...
I mean is it risky? maybe but like I would rather get like 500% interest in the next 10 years than a stable 8% or something in a savings account.

But I know its crazy but something inside keeps urging me to do it. Should I CE? Or am I crazy?
If BTC crashes again, could be a good idea at that point - experience suggests it'll recover eventually.

I wouldn't do it right now. If you really want to move your savings into crypto now, I'd look at up-and-coming altcoins.

Also, shares can be worth looking at too - more stable than crypto, but generally higher growth than savings accounts.

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Orlando_Jordan
04/14/21 12:13:06 AM
#3:


I put my life savings into Bitcoin and tripled my money.

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