💵 Saving in dollars (USD)
Advantages:
• It is the world's reserve currency: stable, globally accepted.
• Low volatility: it does not depreciate sharply from one day to the next.
• Protects against local inflation if you live in a country with a weak currency.
Disadvantages:
• It does not yield anything if you leave it saved (unless you put it in a bond or interest-bearing account).
• It can slowly lose purchasing power due to U.S. inflation.
⸻
₿ Saving in cryptocurrencies (like BTC or ETH)
Advantages:
• High growth potential in the long term (BTC, for example, is deflationary).
• It frees you from the traditional banking system.
• Ideal if you believe in decentralization and technological evolution.
Disadvantages:
• High volatility: it can drop 30% in a week.
• It is not regulated: risk of hacks, scams, or exchange crashes.
• It is not traditional savings; it is a speculative investment.
⸻
🔍 So what is advisable?
✔️ If you are conservative and seek stability:
➡️ Save in dollars. It is safer and more predictable.
✔️ If you are risky and seek high returns in the long term:
➡️ You can save in cryptocurrencies, but do not put everything there.
🧠 The wisest thing as a trader:
💡 Diversify. Have a part in dollars as a solid base and another in cryptos as a future bet. This way, you reduce risk and gain exposure.#BinanceHODLerC #AltcoinBreakout #ETHBreakout3.5k #USCryptoWeek #MemecoinSentiment