Is Crypto the best way to save money?
WELCOME TO MY BLOG
This question has been in my thoughts for some days now. Seeing how the market has been on dip. Can I say, crypto is still the greatest option to invest or save my money? These are the manners i save my money
Bank I save my money in the bank, however, the drawbacks of the bank are that you earn little or no interest. Interest is only provided to those who leave their money over a long amount of time, which is not feasible for me since am a student I constantly require money for school demands and other things Another reason I despise bank is their costs, instead of adding they collect their weekly or monthly fee.
Piggy vest(saving box):
This is another method I save money haha.
I create a box with a modest area and start putting a specific amount of money there daily or monthly.
The problem with this is that it might be enticing since you are seeing the package every day.
It may potentially be stolen if not properly preserved.
Investments:
This is the most risky.They may deliver quick money however there are many scam sites available.
This year I have lost over $300 to bad investments.
Saving money here is a No to me.
Cryptocurrency:
This is my major objective. I save part of my money there. But I still question whether this is the greatest method of saving money.
I purchased some Solana at $118 pricing and now it's roughly $32, it tears my heart. I don't know anything about producing analysis of coin, I have simply assured the project would perform well
I truly have lots to do with money right now but I can't sell because of my loss.
Nevertheless, I still believe crypto is a fantastic technique to save money but it will truly take a long time to obtain the money with interest.
So, friends What's the greatest method you use in saving your money?
NB: This is not a financial advise, but a way to share my opinion and hear yours.
Thank you for reading
