I have been hearing a lot about crypto currency and how it is really profitable in the long run. Most of the people I know are converting their actual money to crypto currency(whenever it's feasible). Is that how it works?
I know most of the crypto currencies are good and they can be profitable but in case if the trend declines, wouldn't it be a good idea to have some actual money in your bank account? I don't get why people wouldn't bother about this point...like at all.
So, what are your thoughts on this? Do you think we need to convert everything into crypto currency( be it any type of crypto currency) or do you think we need to leave at least some actual amount in our bank accounts, to be on the safer side?
I know most of the crypto currencies are good and they can be profitable but in case if the trend declines, wouldn't it be a good idea to have some actual money in your bank account? I don't get why people wouldn't bother about this point...like at all.
So, what are your thoughts on this? Do you think we need to convert everything into crypto currency( be it any type of crypto currency) or do you think we need to leave at least some actual amount in our bank accounts, to be on the safer side?