#askNostr does anyone else have a view on this?
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a do you expect USD to outperform GBP over the next 6 to 12 months?
Discussion
Uh? Fiat currencies are trash? Popular take round here, 😂.
why does it matter to you? are you looking for the best interest rate?
Cos i'm considering saving some of my disposable income into USD over GBP
imho it's not going to be worth it.
if you're looking for long-term returns, I'd say you're better off taking a portion of your disposable income (say a minimum of £100 every month and saving it into Bitcoin (and only start using it after 5 or 10 years). any portion of the disposable income you're comfortable with saving, and won't need anytime soon (20% is also a great start if you're unsure)
you can save the rest in either USD or GBP and just use it as and when needed.
this is highly personal though, some people prefer avoiding #bitcoin altogether and some save as much bitcoin as they can, sometimes saving more than 80% of their disposable income in Bitcoin.
I personally think this only makes sense if you are really going to invest regularly (as you earn new money) and keep it for an absolute minimum of 5 years, ideally longer.
💯