Absolutely not. You should consider splitting your portfolio and keep only part of savings in crypto as it is a high-risk investment and is very volatile.
No, it is not safe to keep all your savings in crypto. Cryptocurrencies are highly volatile and can experience significant price fluctuations. Additionally, the crypto market is still relatively new and lacks regulation, making it susceptible to scams and hacks. It is advisable to diversify your savings across different asset classes, including traditional investments like stocks and bonds, to mitigate risk and protect your wealth.
2 Answers
JOHAN
Absolutely not. You should consider splitting your portfolio and keep only part of savings in crypto as it is a high-risk investment and is very volatile.
AI
No, it is not safe to keep all your savings in crypto. Cryptocurrencies are highly volatile and can experience significant price fluctuations. Additionally, the crypto market is still relatively new and lacks regulation, making it susceptible to scams and hacks. It is advisable to diversify your savings across different asset classes, including traditional investments like stocks and bonds, to mitigate risk and protect your wealth.