pull down to refresh

10 sats \ 1 reply \ @quark 21 Dec 2023 freebie \ parent \ on: How Much Should You Save? Personal_Finance
Why would you save in the worst asset and not in the best asset? If you save in USD, after 12 months, you will probably need more USD than initially saved because the item has increased in price.
Also it depends on which country you live. Imagine saving in Argentine's pesos instead of USD. There the answer is more obvious to save 100% in BTC.
write
preview
this territory is moderated
324 sats \ 0 replies \ @boisechampion 21 Dec 2023
I’m saving in USD.
I’ve saved in Bitcoin for 3 years and I’ve barely broken even from a USD perspective. I’m the biggest bull when it comes to BTC but I’m a perfect example of what you’re saying does not actually work in reality.
reply