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Author Topic: Banks Won't Make You Rich  (Read 1778 times)
piterpie
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May 03, 2018, 02:44:00 PM
 #361

There are a lot of people thinking that the interest rates offered by banks are so much and they can be assured of living monthly with little interest. Maybe they do not know Crypto, there are many mlm projects that have a 30-50% interest rate in a month
soname12
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May 03, 2018, 02:46:03 PM
 #362

There are a lot of people thinking that the interest rates offered by banks are so much and they can be assured of living monthly with little interest. Maybe they do not know Crypto, there are many mlm projects that have a 30-50% interest rate in a month

never invest mlm projects. You may have heard of BitConnect and lots of MLM coins scam investors. I advise you not to invite people to participate in scam projects. That can make many people lose money

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tranduc2101
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May 03, 2018, 02:47:28 PM
 #363

I would rather invest in ICO projects than depositing money into banks. When depositing and borrowing money at the bank. There are many procedures and it takes a lot of my time. Banks will not be able to survive at such low interest rates

jackky
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May 03, 2018, 02:49:18 PM
 #364

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue



Yes,if you invest your money in bank it won't make you rich so better invest your money in bitcoin because there's a great chance that you become rich in here.
Yes, I will invest in Bitcoin and Altcoin, which will help me earn my x2 or x5 fortune in a short time. If that money I send the bank, then maybe in 100 years I can earn x5 of my property
rudito
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May 03, 2018, 03:17:05 PM
 #365

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue


True, banks will not make you rich, banks only provide security in saving your money. In contrast to bitcoin, bitcoin can be a place to store money as well as an investment that can make you rich.
youdacapt
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May 03, 2018, 03:49:47 PM
 #366

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue


True, banks will not make you rich, banks only provide security in saving your money. In contrast to bitcoin, bitcoin can be a place to store money as well as an investment that can make you rich.

banks are not aimed at enriching their users, they are not profit-oriented business institutions, the interest rate they apply is 1:10 with the profit you get, better focus on other businesses and just think of them as money-saving places guaranteed by the government. We also do not need to be too focused because we already have a crypto asset in our own wallet.
Blekok001
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May 03, 2018, 04:15:36 PM
 #367

The Bank has the goal to gather funds in the society and also restore it to the community in the form of loans.

In fact the Bank has the goal to ease the public in conducting payment transactions payment transactions, be it domestic and foreign payment transactions.

Banks also can we make various types of investment, such as deposits and so on.

However the interest offered by banks is very small, for it shall never hope that banks can make you filthy rich.
MDQ
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May 03, 2018, 04:38:36 PM
 #368

As you say, to me to make money from the bank to earn interest, your life will never be rich. If you feel that investing in e-currencies is a high risk, send the bank for safety, that's a good thing, if you think about sending money to earn interest then you should give up. that's it.
kutsal_money
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May 03, 2018, 06:11:32 PM
 #369

I love bitcoin because I can keep my money without being connected to any center, yes exactly banks won't make you rich but bitcoin can
xSkylarx
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May 03, 2018, 06:32:01 PM
 #370

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue



Banks are made so that there will be a place for us to store our savings and earnings and it is really aren't profitable as what we are expecting. Unlike bitcoin , it is not a long term investment that could give us the profit that we have set. In crypto, we still need to exert enough effort to reach our target.
Ridwan Fauzi
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May 03, 2018, 06:33:13 PM
 #371

For me, when in a short time, I have no need to use the money, I will send the bank. I know that banks do not make much profit. But I think the money to be in the bank will be safer than in the Bitcoin wallet
Banks is not an investment place

Bitcoin is an investment place

If your purpose is just saving money, bank is the solution.

And, if your purpose is to profit from your money, bitcoin is the solution.

enisshkurti
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May 03, 2018, 06:35:24 PM
 #372

Banks never made us rich, the banking system was created 200 years ago, and this system was created with one aim, to make the bank owners full-fill their treasure with the money from the taxes. Think about the number of fees that they are getting from us, that's ridiculous. So the future of banking is the cryptocurrencies and the blockchain! With less fees and faster transactions , which are totally decentralized.
localcrypto
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May 03, 2018, 06:52:01 PM
 #373

the banking system is the big bubble in this world they say bitcoin is bubble but in reality Banking is bubble if the loan system collapse then they lose all money in banks
ogini
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May 03, 2018, 06:52:28 PM
 #374

They are very greed set of persons and selfish, they only want e rich them selves ,the only good they can do is security of money and grantee .
arctic circle
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May 03, 2018, 07:13:41 PM
 #375

Investment is a great way to increase our money especially invest in crypto, although invest in crypto have a risk but it is really promising to make a lot of profit, as long as we have knowledge about it before invest and we choose coin that have a good potential to increase it's value such as bitcoin.
Andrej Peiboski
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May 03, 2018, 07:20:01 PM
 #376

Well, the banks will not make you rich because that's not their job.
The task of banks is to offer a service and facilitate exchanges.
To get rich, we must think for ourselves.

South Park
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May 03, 2018, 07:56:05 PM
 #377

Today, you're not going to the bank to become rich, you're just go to the bank because it can keep your money safe. To a certain extent, it can be wrong, we see thing happens in some countries. But still, to me I don't see plenty of options if you want to keep money. I wouldn't never invest everything I have in crypto. Too dangerous and risky
Banks are not even good for that, banks are targeted like exchanges in cryptocurrencies, also even if they say that they are protecting your money, most the time that protection is only for accounts of certain size and if you are not an investor, if your account doesn't fulfill the conditions your not going to be insured and even if you are supposedly covered by it what is going to happen when many banks around the world go bankrupt as well? You're not going to be protected in that the scenario either.

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Wong Kalong
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May 03, 2018, 08:13:51 PM
 #378

This is my opinion.Banks won't make you rich.saving in the bank can never do that, because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As an example, I will take, When I'm in grade school, each day I received 10Rs (my country currency) from my mother.It was enough to buy me 2 meals but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keeping your money safe!  Tongue

Banks will not make us rich. But at least the money we keep in the bank will be safe from the theft wandering. Even in the bank, our money is lost of course the party from the bank will be fully responsible for the loss of our money. At the bank, we can save as much as we like and the money we have. I like saving money in the bank.
BUK2016
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May 03, 2018, 09:27:29 PM
 #379

I strongly believe that banks are not out to make anybody rich rather they are there to enrich themselves and leave you poor. At a time banks will pray that you not be able to repay your loans so that they can take over your collateral in their possession since the value of your collateral is far more than the loan.
valentinen39
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May 03, 2018, 09:42:39 PM
 #380

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue


You are right, banks will not make you rich, if you are going to compare the price of coins you are holding and banks then obviously, cryptocurrency will be more profitable since it was growing even faster more than the scale of increase yearly on the bank.
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