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Author Topic: Banks Won't Make You Rich  (Read 1789 times)
Deamindit
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May 12, 2018, 10:22:39 AM
 #541

Contradictorily if, the value of the money have increased then, inplace of two meals now we may get two jumbo meals :-p
South Park
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May 12, 2018, 09:36:50 PM
 #542

The task of banks has never been to enrich people. If you are talking about a deposit, the interest rates will never be greater than the inflation rate
You are correct on that but most people do not know any other form of saving and investing than to put their money in a bank, and banks take advantage of that and get the money of people for very cheap interest rates while they are making a fortune with the money they are given, bitcoin in that way is a lot more fair you get all the losses but you also get all the profits of your investment in bitcoin.
Febriana98
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May 12, 2018, 10:18:45 PM
 #543

lol, since when will Bank give you a profit, they will take your money, before I ever tried some of the products offered by the Bank, such as Deposits and Bonds, but the benefits I get very little...
indeed in some people, they consider the Bank to give them an advantage, but they are not aware, their money in use by the Bank for other investments...
Britanshio
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May 12, 2018, 10:23:49 PM
 #544

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.

Absolutely.Bank will never us to make rich because of the interest they provided to make us down.But for bitcoin I'm surely predicted everybody will become rich as long as we are striving hard to make this happened to our life.
patispace
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May 12, 2018, 10:34:41 PM
 #545

Your opinion is meaningless, because it is a fact that the possibility of increasing your wealth and attaining your financial independence would not have to depend on a bank, because in the end every individual is free to decide which business or occupation wants to dedicate his life .

On the contrary, knowing how to use a bank loan in a prudent and appropriate way, it could be perfectly possible to use banking institutions as a means of leveraging potentially productive investments.
Bella Thorne
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May 12, 2018, 10:43:52 PM
 #546

Bank is useful to save money just do not make our money doubled but if the bitcoin in addition to being able to save money we can also make money by trading and bitcoin mining and the results are also quite a lot of the second if we know how.
Banks won't make me rich but banks will help me to save my money very well, because banks is very trusted by all people and even the banks will not make us rich it will never be replace by bitcoin, and if we want to be rich we should our money with the best ryptocurrency, bitcoin.

LooBaao
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May 13, 2018, 02:30:45 AM
 #547

This is true and indisputable, all millionaires will certainly never put their money into banks, instead they always borrow money in banks because they know that borrowing money in banks and used for investment and business is more profitable than saving in the banks and hope very low interest banks.
The bank only gives us a small and stable income. low risk. But that place is only suitable for some investors who do not dare to take risks. They do not dare risk so they put money into the bank is most convenient.
Mikejones64
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May 13, 2018, 02:41:42 AM
 #548

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


I think, the main role of a bank is to keep your money safe, not to make you rich. If you invest in a bank, you'll have profit but it won't make you rich. That's why we are glad cryptocurrency was created. You can be rich by investing from bitcoin. You'll be able to keep your money thru cryptocurrency without any fee unlike in a bank. Wink
yonjitsu
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May 13, 2018, 04:03:44 AM
 #549

Banks are just keeping our money for safe but it's not even 100% safe on their hands as banks can go on a bankruptcy that would even cause you your money being deposited on their vault. On the other hand, it's not also profitable so it's better to invest in somewhere else.

plaintiff77
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May 13, 2018, 04:06:00 AM
 #550

Well if you will just deposit small amount of money in banks,it will never made rich because it only has a small profit but if you deposited huge amount of money then you can earn big but still wont make you rich instantly not like in crypto even if you invest small you can be able to earn big.
FUD Expert
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May 13, 2018, 06:42:31 AM
 #551

The interest that banks are offering are just a trap. To deceive much more new customers and then offer them like loans that sounds too good to refuse. The truth is that banks earn much more from you than they give you.
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