Stay away from cash but stay on crypto!

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Written by
3 years ago
Topics: Bank, Cash, Value, Financial

I think yesterday, i have read some one article here regarding cash and crypto financial system. From this two financial system cash is most old as well most worst due to it's value keep decrease on every years like launch rocket in mars. While Crypto is a new financial system which journey started since 2009 to till now but almost 5 years ago crypto evolution did not happened like now happening . Also the prediction indicate about the crypto evolution going to start widely within next 2 or 3 years. Let's talk something about it.

Cash investment is worst than other investment!

What thought comes on your mind when you heard this bolt sentence? Of course you my think how is this possible when nothing is above than cash yet. Well, to understand this you of course need to think about your past life. No matter from where you are from but a thing you may notice that there every thing price increase . Such as here around 3 years ago per KG rice cost was only (22-25) TAKA mean ($0.30) but right now per KG rice cost around (60-65)TAKA mean ($0.80). Just look within 3 years how the price of rich increase and how the cash value decrease on. Again look back to 10 years ago when per KG mutton cost was around 3 USD something but right now per KG mutton cost up to 10 USD. This fully indicate that cash value keep decrease on every year due to money printing issue .. Did you guys read that this year USA has printed around 6 Billion USD? Can you imagine how this will effect on different country too of money manipulation ? Well, let's back to normal details.

Crypto investment or invest on other thing makes your investment more better!

If you look back to 2009 to till now then you can see every top rated crypto price increase thousand time over than cash value increase ever. Infect if you have invested on Bitcoin last year around 500 USD and hold up till now then your investment would be 3x now according to current btc price . As well if you invested your money on land last two or five years ago then your investment minimum increase up to 20% now over year.. This is just kinda example of other kind of investment rather than cash .. No matter where you are going to invest because it is always worth for your investment .. Some where i have seen that somebody invested 1 USD cash 30 years ago which worth now $0.06 and invested on other sector too around $1 which worth now upto $256. This is the benefit of investment on other thing rather than cash.

After all, this does not mean that cash investment is not good but cash investment gonna give you low amount profit return as well there has tax problem , inflation problem, security problem too . If you earn too much money from some where which is more than you can earn by your skills then you going to face problem from Govt... Do you know Jhon McAfee waste his life in prison due to tax problem though he has great effect on 2017 in crypto market but nothing to do ..

Tax is a huge problem for your wealth all the time if you under cash. But as soon as you stay away from cash investment and mostly invest on crypto then there has no problem hide behind you again. As well Crypto can give you certain amount profit than you can think now.

Remember what USA investor doing now a days.. They are into now crypto currency investment just because they know soon USD will lose their global value which will lead their wealth more decrease than now.. This is why USA former president as well other now a days keep tweeting on that bitcoin is scam as like the payPal CEO said few years back.

Infect they know too that nothing will be able to stop crypto adoption ... In this case , China also fear about their national currency value which lead them to banned their bitcoin mining , trading fully. Infect, they are banning crypto advertising on tiktok too and tried their best to stop crypto adoption . This fully indicate too some day cash will be value less.

Though still some people say that cash is better and they are already late to join crypto . But they are totally wrong because the evolution of crypto not yet started . We will see the crypto adoption when minimum 100 country will accept bitcoin or other crypto currency in their country as digital cash while pass the tender. Because this is the only way to explain some one how crypto work in this world. There has no point to worry about your value you invest on crypto because there has no printing issue or increase the supply of coin but all is limited .. This is why your investment will be increase time to time.

Infect before my crypto journey i also believed that nothing is above than cash but i did not realized that cash value keep decrease daily while crypto value increase daily. There will be day when Per bitcoin satoshi will be worth one USD.. For better understand you can take research about mining reward as well the equipment demand time to time which also explained how crypto adjusting with our financial system.

What is your view about cash and Crypto? Tell us:

Cheers!

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Written by
3 years ago
Topics: Bank, Cash, Value, Financial

Comments

Well, I agree upon your words. The cash value will decreases but commodities values will increase and you said it's due to printing cash. But I think it is due to inflation. And in market every year 10% inflation is normal to deal with.

And now if we choose to keep our property on cash it doesn't increases with inflation but rather gets decreases its face value if compared.

Thus it is better to do trading in other assets rather than cash.

$ 0.03
3 years ago

cool explanation and still cash is bad bro

$ 0.00
3 years ago

if you have invested on Bitcoin last year around 500 USD and hold up till now then your investment would be 3x now according to current btc price

if you have invested on ETH last year around 500 USD and hold up till now then your investment would be 7x now according to current ETH price.

Seven not only three!

$ 0.03
3 years ago

lol that was just my example mate .. But yah bull season always bring huge profit mate!

$ 0.00
3 years ago

lol that was just my example mate

I know. But forget BTC. The fabulous growth of BTC is history. The future belongs to other coins.

$ 0.00
3 years ago

lol nothing is above than btc yet .. first let one ago above it then i will say that

$ 0.00
3 years ago

Look at the BTC dominance over the years

https://coinmarketcap.com/charts/

then you know where BTC will be in the not too distant future.

$ 0.00
3 years ago

slowly decreasing bro and yah in future might be happen something but this btc dominance decrease just for the bull season .. Well , let's see what happen near future!

$ 0.00
3 years ago

The dominance decreases in the bull season and increases in the bear season, but it is not close to the value it had before the bear season. The trend is clear.

In this bull market or the next one, BTC loses the number 1 position in the CMC, then the coin will fall back very quickly. Forget BTC in the long run. The coin is technically obsolete and is being dropped by more and more investors. BTC is a coin from the day before yesterday. It is already history and more and more people are noticing.

$ 0.00
3 years ago

you can predict about next bull season. But well , every day we are getting about the news about bitcoin investment from different billionaire and country also start to make a legal tender for their payment system .. time will tell us bro

$ 0.00
3 years ago

you can predict about next bull season

Numbers do not deceive.

we are getting about the news about bitcoin investment from different billionaire

News can and does deceive.

Remember what I wrote to you in one, two, at the latest five years.

$ 0.00
3 years ago

Leave it bro.. We are just in crypto to get profit.. But bitcoin dominance can not be down easily.. Chart can be changed within time

$ 0.00
3 years ago

But bitcoin dominance can not be down easily.

I have the impression that you haven't seen the chart or you haven't understood it, but it's your problem. You can believe in BTC if you want. If you are invested in BTC it is not my money that will be lost.

$ 0.00
3 years ago

Think what you want, but note that many websites that create the news are in the hands of people who hold BTC themselves and therefore artificially push the news. Very often they write Bitcoin this or that, but in reality they mean several cryptos, not just BTC. Don't be fooled. BTC will not become insignificant overnight. It will be a gradual death. But it will be very accelerated when ETH overtakes BTC in the CMC. It will happen without a doubt. The only question is when.

$ 0.00
3 years ago

i have seen the chart mean and the btc dominance just keep decrease there because of different coin popularity increase on while the put effect on market ... this is how chart showing btc dominance keep down year to year .. But still it has big capital in market .. i am not a btc investor at all just with it due to its massive regulation on crypto .. Well if eth able to become the top volume coin on cmc then this gonna be another evolution bro .. But lets stop it till no coin over take btc 🚀

$ 0.00
3 years ago

Seriously, I don't have cash. But if you ask me if I have Btc, I have. Tho only small amount wahaha. But BCH still the best.

$ 0.03
3 years ago

as a crypto user you should have everything which you like RUFA ,, This is not about bch and btc only

$ 0.00
3 years ago

Until whole world get into crypto cash has value to use

But things are going to change in next 10years or less!!

$ 0.03
3 years ago

cash has still value but i wanted to mean that we should use our cash now into those thing which gonna be double in future .. This is not important to hold cash in bank!

$ 0.00
3 years ago

With Cryptocurrencies the future is bright. Cash is getting more and more valueless as the day goes by.

$ 0.03
3 years ago

true and this is why this is the time to accumulate more crypto

$ 0.00
3 years ago

Cryptocurrency is not banned in my country I guess or if I may presume because I've known some bloggers are keep encouraging us on earning through free website and apps..

$ 0.03
3 years ago

Are not you are from PH? If you are then of course you can use their crypto and especially BCH as far as i know in different ways!

$ 0.00
3 years ago

I am

$ 0.00
3 years ago

then enjoy crypto benefit there mate

$ 0.00
3 years ago

thanks

$ 0.00
3 years ago

There's a huge different now and then. USD20 can buy a cartful of groceries back then. Now it's just one basket.

I have yet to see crypto being used in our city. It's still cash here.

$ 0.03
3 years ago

even here crypto is illegal lol bro

$ 0.00
3 years ago

Yeah, I've read that in your post. That's quite unfortunate. But here, it's not. We are free to do it but I don't see it being used which is worse than having it banned.

$ 0.00
3 years ago

sorry but where are you from brother ? I think PH right?

$ 0.00
3 years ago

Yes, from the Philippines. In other cities, they do accept crypto already.

$ 0.00
3 years ago

crypto some online service also accept crypto i heard and know tooo.. Well, without any doubt you are now into another step of development with the help of crypto adoption mate ..

$ 0.00
3 years ago

Slow but sure :)

$ 0.00
3 years ago

You are right.what $10 can buy 2 years ago is more than what it can buy today. But with crypto there's hope

$ 0.03
3 years ago

crypto value gonna up and up which will lead to buy us more and no matter goods price increase or not

$ 0.00
3 years ago

1$ in 2009 is now $0.75 1$ in BTC 2009 went $64000 which is almost 64000x. That's it. 😉

$ 0.03
3 years ago

Bullshit cash every where is dumping.. And yah bro but that time it was full risk to invest on btc even one cents..

$ 0.00
3 years ago

True

$ 0.00
3 years ago

lol bro

$ 0.00
3 years ago

Me too, I'm not on Cash this days haha. But yeah cashless perhaps. Well everything could be paid by QR now so I really think that Crypto is the new money. 😁

$ 0.03
3 years ago

Lol good for you bro Philippines already advance in crypto but we are in bad situation already!

$ 0.00
3 years ago