If you had $5k to park somewhere for 4 months and didn’t want to risk putting it in bitcoin. Whats the best return? My savings account gives me 3.8%. Anything better?
Discussion
On Coinbase usdc is 4.1%
There’s no risk in Bitcoin.
I'd park it in Bitcoin personally. If you really can't get that then maybe two ounces of gold.
3.8% on River. But honestly, I'd just buy Bitcoin. I accidentally had my paycheck convert at $.107M and the $4000 is still worth like $3950.
If I needed $5k in 4 months I'd buy Bitcoin and maybe it will be worth $6000, maybe it will be worth $4980. You're gonna make $60 on insterest in 4 months. That's the same as not buying a $3.50 coffee once a week for 4 months.
River. 3.8 paid in bitcoin.
If you need it in 4 months don’t go chasing returns that’s how you lose money. Just keep it in your savings.
"Only put in #Bitcoin what you are willing to keep." 🙃
The risk is NOT putting it in #BTC. 🤙