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I'm 20 and the fact that everything I'm saving is in cryptocurrency makes me happy.

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by COINS NEWS 241 Views

I'm from a country where you need to maintain a minimum balance of 1K$ or you get fined 7$ every month. During the pandemic I didn't have much money so my bank account went to -50$ for doing absolutely nothing.

Even if I do save up and keep it in my bank account, all I get is an laughable 1% APY Max. So if I save up 10K in the savings account I get back the amount I saved in 100 fucking years.

That is if the banks don't close down and I'm still alive. Crypto on the other hand has ETh and BTC apy of 5%, and staking option that multiply my investment under a year.

I know it has more risks than the bank account, but I can at least realize my savings before I die and the fiat is worthless due to inflation for my kids.

submitted by /u/_DEDSEC_
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