Quote:
Originally Posted by Mrfriendly
Take a $100 bill out of your wallet, look at it and say, “wow I just lost 8% of my money to inflation in only one year.”
If you don’t invest then you just lost money
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Look at the value of you bitcoin holdings on January 1, 2022, then look again this morning, look at it and say, "wow i just lost 68.5% of my money before I even consider that I lost another 8% on top of that to inflation in less than one year." If you simply put your money in a money market account you would now be earning close to 4% and you wouldn't have lost 68.5% of your initial investment.