We like it or not, BTC sets the average price movement for all the other crypto currencies. So if we want our favorite crypto(s) to go up we should also buy BTC. In my humble opinion that is a wise long-term strategy, to buy and HODL as it has a limited supply. It is impossible for a large meteorite full of BTC to hit the Earth and suddenly provide more liquidity :) (just a possible reference to the Gold) So today I bought some bits of few of my favorite coins ;) P.S. A macro photo of one of our cats that I made with reversed prime lens in our garden.
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good thoughts about what to do with our FIAT reserves ;)
Yes. What I see as a big problem is that our FIAT sleeps in the banks. Moreover, banks are getting greedier by the day, they've increased their fees three times during the covid, and it is not only my bank as I spoke to few friends. So we pay big fees and get no interest, while crypto is a different story. Banks say there is security with them but just few years ago a big bank here went bankrupt and people were able to get there money back in 1.5-2 years after the event.
i couldnt have said it better myself light. btc is the new gold
Cheers :) Or at least... leverage :)
Yes light👍
:) Have a great day!
You to light