Invest in bitcoin or save your money in the bank.

[Joy- maker]

You don try for wetting you talk here, the thing be say we need to only focus for one system, we need to invest in Bitcoin and also get Fiat for our bank account. Both of Dem dey very important. We need to understand say Bitcoin na investment for the long term and e get potential to reduce inflation, while keeping fiat for bank go reduce the value or inflation go affect am. So we need to do am in a way we no go dey affected by inflation. The logic na to convert our Fiat to invest for Bitcoin since na long time journey, sothat inflation no go affect am. While we go use the fiat wey remain to sort out the immediate want instead of us to leave am for bank. The summary of everything you don talk here show say bank get en own advantage and disadvantage, and Bitcoin get in own advantage and disadvantage. Na for us to make a wise decision not to dey left out.

one thing you should understand is that most people keep money in the bank as a form  investing which is very wrong, note am not saying that people shouldn't keep money in the bank, you can decide to keep money in the bank as fiat to serve as emergency fund and backup fund, back to post I just made clear there that anything that won't double my money that they should count me out, and went forward to state the advantages and the disadvantages of investing in bitcoin and also the advantages and the disadvantages of saving your money in Bank, so that people can read through and their own decision.

[Sonia_123]

Na wetin you dey find go save your money for bank wey Bitcoin investment dey wey sure pass, na how much you want get for bank if you save for one year, put that money for bitcoin investment for the same one year and see wetin you go get in return, na people wey nor know and understand dis days na dem dey save money for bank, even if I never know Bitcoin I go put am for my foreign exchange account, there I know sey as dollar dey go up I go dey make my profit well dan for bank to dey use my money dey make money for themselves, na him be sey, be them slave now, not to talk sey Bitcoin don appear with plenty goodies, I go run instantly transfer all the money wey I put for bank take buy bitcoins, there self I go get rest of mind because bitcoin investment dey secured and trusted unlike bank wey you go dey fear for plenty charges to reduce your money.

If you invest for bitcoin na big achievement because your life don change for good, because now as e dey for bank people now, e too bad, the wahala to collect your own money too much so instead I go keep money wey I go use for bank I go keep am for house, e beta like that na who you tell sey you get money for house go know sey money dey your house, as long as I nor dey show myself.

[Showlove01]

You don try for wetting you talk here, the thing be say we need to only focus for one system, we need to invest in Bitcoin and also get Fiat for our bank account. Both of Dem dey very important. We need to understand say Bitcoin na investment for the long term and e get potential to reduce inflation, while keeping fiat for bank go reduce the value or inflation go affect am. So we need to do am in a way we no go dey affected by inflation. The logic na to convert our Fiat to invest for Bitcoin since na long time journey, sothat inflation no go affect am. While we go use the fiat wey remain to sort out the immediate want instead of us to leave am for bank. The summary of everything you don talk here show say bank get en own advantage and disadvantage, and Bitcoin get in own advantage and disadvantage. Na for us to make a wise decision not to dey left out.

one thing you should understand is that most people keep money in the bank as a form  investing which is very wrong, note am not saying that people shouldn't keep money in the bank, you can decide to keep money in the bank as fiat to serve as emergency fund and backup fund, back to post I just made clear there that anything that won't double my money that they should count me out, and went forward to state the advantages and the disadvantages of investing in bitcoin and also the advantages and the disadvantages of saving your money in Bank, so that people can read through and their own decision.

The problem lies on familiarity, people dey so familiar with saving money in the bank because na there them start before them come dey get awareness about crypto space and the rest and so this thing dey affect some people well well especially those people wey be say them no get knowledge about Bitcoin and cryptocurrency. And the truth of the matter be say you no fit force or make them change waiting them dey do. Bank dey frustrate person sometimes na waiting make I no too like bank and them get access to money wey dey inside, them fit restrict you any time but if we save our money for wallet we don't need any other party to first give us access as long as say you get your seed phrase and the rest.

[Skydrill]

Investing in Bitcoin and also saving money in our banks are two important things, you can't invest in Bitcoin and don't still have some save in your bank that's very wrong, remember you are investing with your leftover fund in bitcoin which is your discretionary income money you won't be needing for a very long time while the one in your bank account is the one you will needing anytime to sort out your personal needs by getting it back either going to bank or by going any point of sales POS joint to withdraw your money while you still accumulate Bitcoin and hodl so it is much important to invest into Bitcoin and also have some huge saves in your bank very very necessary.

Both are very important and necessary because you can't just move all your money into the bank without investing some with the anticipation of getting some return at the long run but if I were to choose between both then I think it would be investing it in Bitcoin because am sure of making some profit but if that doesn't happen I wouldn't be much worried because neither the bank would have added anything in terms of profit to money domiciled in my account, am speaking from an investors point of view.

[Bitcoin.com97]

Saving in the banks and investing  in Bitcoin are important because you can only invest with your discretionary income then keep some money in the bank for your  day to day use , your Bitcoin investment is alway a long term deal , which can get you a good interest but saving in the bank won’t get you any interest but only enable you have for your daily needs.

[ejikeme24]

Me dey always talk an any investment or anything wey no go double my money, count me out my hand no dey I no follow. Now wetting go double my money I dey do no matter the risk wey dey inside an.

Sure in life There is a time when you will like to take drastic decisions, but that's not the point. The point is, are you sure you're ready to take whatever outcome you get? Because that's where the problem is, Alot of people made such decision but when the outcome didn't work as they expected yet they couldn't do away with it and it all ended badly for them.

Normally investing in bitcoin or saving your money for bank get there own advantages and disadvantages, which I go list them here, so that you go chose wisely if you go take the risk grow your money, or you go carry give bank make them use an grow thereself from that bitcoin wey you dey fear to put money.

The advantage and also the disadvantages you listed here is very clear, but no matter what I can't keep all my savings in bitcoin I will also have to hold some in fiat incase there is any emergency that requires immediate attention so to avoid running around to do P2P trade is better you hold it in your bank this way you can easily transact with them without wasting much Time.

[Olatundespo]

Saving in the banks and investing  in Bitcoin are important because you can only invest with your discretionary income then keep some money in the bank for your  day to day use , your Bitcoin investment is alway a long term deal , which can get you a good interest but saving in the bank won’t get you any interest but only enable you have for your daily needs.

Your basic idea about Bitcoin investment is misleading. In the long run, Bitcoin investment is not a deal it's an investment vehicle. You need to decide what your investment strategy will be. You can buy Bitcoin lump sum. Or accumulate regularly by every week or month. You can expect to make huge profit from the holdings you get as a result of long term accumulation as the price of Bitcoin increases over time.

The profit earned from the capital that will be generated from the discretionary fund should not be called interest. Some people just keep money in the bank in the hope of getting a limited amount of interest. It would be Illogical to compare Bitcoin investment with keeping money in the bank because fiat is being eroded every day due to the effect of inflation.

[TokenTikas]

Saving in the banks and investing  in Bitcoin are important because you can only invest with your discretionary income then keep some money in the bank for your  day to day use , your Bitcoin investment is alway a long term deal , which can get you a good interest but saving in the bank won’t get you any interest but only enable you have for your daily needs.

You are absolutely right.

We should use banks to meet our daily needs because we will need this money when we go out and others work. After keeping the money for our daily lives in the bank and the remaining money can be invested in bitcoin with a long-term goal. In this way, the need will be met and wealth will be built for the future. However, before investing you must understand the market and make a conscious decision. It is not like I wanted to go there and invest. You have to take steps by analyzing bitcoin well. If you have the ability then I think DCA maintenance would be the best way.

[Ronsbit]

Normally investing in bitcoin or saving your money for bank get there own advantages and disadvantages, which I go list them here, so that you go chose wisely if you go take the risk grow your money, or you go carry give bank make them use an grow there self from that bitcoin wey you dey fear to put money.

Saving your money in the bank is a financial mistakes, banks no fit give you anything positive and even though you wan use protection as why you dey choose to keep your money for bank, your money self no safe there because banks no get insurance to cover all the money you keep with them.

They can only pay you a small percentage if anything was to happen to your money in the bank. Make you know say keeping your money in the banks is more of saving than investing and normally you no suppose dey save money that isn't being saved to be used for investment later. Money supposed to dey work for you and that's what your money in Bitcoin does. It brings with it other money to multiply your wealth. Choose Bitcoin over banks irrespective of whatever the banks claims to offer.

Na real big mistake to think of saving or keeping money for bank, the constant charges alone dey scary for no tangible reasons, and in some cases, what they charge is not equating with the money they had collected or debited from your account, which makes no sense. I received a series of alerts last week from the bank till I got fed up. The charges were something else, so I had to call the customer care of that particular bank to complain, and you could imagine the rubbish they said. I had to do the needful to protect my funds immediately, as the banks are beginning to fail in their responsibility.

The best option is for one to hold or keep their assets under their custody by saving in bitcoin because it would also profit them if the bitcoin price increases, as they would have a lot to gain as they plan compared to the banking sector, which just keeps ripping you of your assets.

[Zanab247]

Saving in the banks and investing  in Bitcoin are important because you can only invest with your discretionary income then keep some money in the bank for your  day to day use , your Bitcoin investment is alway a long term deal , which can get you a good interest but saving in the bank won’t get you any interest but only enable you have for your daily needs.

The two are very important to leave your money if you have the capacity to save in the bank and invest in BTC, but let the plenty money to be in the bank than BTC investment for security purposes. This is what some people don't understand about BTC and bank, because you will start saving money in the bank before you can think of buying BTC in the bear run and hodl for profit purpose.

There is a guarantee to bank users if anything happen to their money which is what is making some people to leave big money in the bank and store little in the BTC investment, because is the responsibility of the bank to make the money safe for their customers.

[icebar]

If you keep money in the bank, small return that a person will get after a long time can also be reduced due to inflation. According to an IMF report, the inflation rate in 2022 was about 9.4%, although it had decreased a lot in 2025. If global instability continues to increase, the inflation rate will also increase. Therefore, it will certainly be difficult to tolerate if you keep your hard-earned money in the bank and it loses value after a long time.

If you keep money in the bank, it will give a certain and small amount of return. But if we invest in Bitcoin, it can give several times the return after a long time. Especially, it is not known to anyone how many times those who invested in Bitcoin in 2020 have gained in 2025.

If you keep money in the bank, there are also some complications, such as if I want to get money according to my convenience, I must rely on bank officials. I will not have complete freedom of my own money. But if I hold Bitcoin, I will be able to use it as I need without any restrictions.

Also, a big disadvantage is that if my money is kept in a bank, if the bank goes bankrupt for some reason, there is no guarantee that I will get my money, but when I keep the money in my own wallet, I don't have to worry about that.

[Iroh]

one thing you should understand is that most people keep money in the bank as a form  investing which is very wrong, note am not saying that people shouldn't keep money in the bank, you can decide to keep money in the bank as fiat to serve as emergency fund and backup fund, back to post I just made clear there that anything that won't double my money that they should count me out, and went forward to state the advantages and the disadvantages of investing in bitcoin and also the advantages and the disadvantages of saving your money in Bank, so that people can read through and their own decision.

I don't think most people keep their money in the bank as a form of investing. Except, perhaps if you put your money into a fixed deposit account. Depending on the amount of money put in and the time the money sits in that account, your money could grow overtime snd could get you some profit.
I think a good number of people keep a major chunk of their money in the bank and not just an emergency or backup fund simply for safekeeping. Much safer in the bank than under your bed 

[Different patterns]

Me dey always talk an any investment or anything wey no go double my money, count me out my hand no dey I no follow. Now wetting go double my money I dey do no matter the risk wey dey inside an.

Normally investing in bitcoin or saving your money for bank get there own advantages and disadvantages, which I go list them here, so that you go chose wisely if you go take the risk grow your money, or you go carry give bank make them use an grow thereself from that bitcoin wey you dey fear to put money.

Advantages of investing in bitcoin
1, bitcoin get high potential returns, if you put your in bitcoin, bitcoin dey deliver, because ehh don already prove ehh self to be store of value.
2, bitcoin dey operate for wetting oyibo call network wey dey discentralize, so if you put you money inside ehh dey secure, person no go fit touch an.
3, bitcoin get limited supply, them no dey supply bitcoin anyhow, now wetting dey make an maintain ehh value bit that.
4, many countries don adopt bitcoin as their means of payment and store of value, so if you put your money in bitcoin everywhere good.

Disadvantages
1, Bitcoin get high risk, the price dey fluctuate rapidly and unpredictable oh, so ehh fit give you high blood pressure if you mind no reach.
2, bitcoin price go fit drop within a short period of time, that is to say you go fit put like 100k ehh fit drop to 60k or 70k and ehh fit make your BP raise if your mind no reach.
3, for bitcoin now you go scure your money by yourself, so if you lost your wallet key seeds now buy buy be that oh and person fit still steal your bitcoin from your wallet if you no scure an well.

Saving your money for bank advantages
1, for bank you go fit go collect your money anytime wey you need an no wahala.
2, bank get low risk, if you put your money inside bank  high blood pressure no go see you catch.
3, if you save your money for bank you fit dey see small small money.
4, bank get people wey you go go catch if anything do you money.

Disadvantages
1, Bank get low return, nothing dey come out if you put your money for bank, for example if you put 100k for bank for 6 years now only 500 naira fit be your top up.
2, bank go charge you fees for services and maintenance, that small top up wey bank give you, bank go still collect an back, and bank go still collect from your money too, which you loose bank go gain from your money wey you put.
3, bank go dey use your money dey investment for that bitcoin wey you dey fear, dey get massive profits with your money.

Saving money in a bank or investing it into bitcoin both have use for us here in Nigeria. If you understand how Bitcoin operates and also know the benefit behind investment in Bitcoin, you would like to choose Bitcoin over saving in a bank, but people who are ignorant of Bitcoin will still choose a bank over Bitcoin because they don't know the benefit behind it, saving in the bank gives you quick access when ever you have emergency to meet up with your needs.

But for me personally, if I have to choose, I will choose bitcoin as a long-term investment, because if I'm to leave my money in a bank, I will expect nothing in return other than a deduction per transaction or at the end of every month, but a long-term investment in bitcoin gives me hope for something in return. I still choose bitcoin over a bank.