Is Your Money Safer In Crypto than at the Bank?

[randyboy]

There are many factors about that but the safest way to store your money is in a bank because you can ensure your money because banks have guards that protect your money unlike in crypto many hackers are in the surrounding if you just wrong click a link the money will disappear.

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[grabpopcorn536]

I do not think so Bank will ensure your money is always full on the crypto it requires you to transfer money and investment will get and lose will not guarantee if your transactions are wrong wrong.

[jakedeez]

You have to choose between safety and profit, because most probably a bank will provide you with a secure storage for your savings but the crypto market gives you an amazing opportunity to multiply your savings if you have the right skills for that.

[Bezobraznike]

   Year ago I gave advantage to crypto-currencies. I was thinking where to save money, in a bank
or in crypto-currencies. I still hold to that decision. I have more money in crypto-currencies than in
a bank, even after this market drop.
   I think crypto-currencies are safer and better cause your money is working for you. In bank after
couple years even with good interest rates you will lose money cause of inflation, you money is losing
value. In crypto-currencies we our money is gaining value.
   It`s easy to make a choice even after a little research!

[onesalt]

If you live in a third world country, it is always safer because of the banks to fail. In any other country, if you go somewhere else, you can take the money.
Other than that, keeping the crypto money in confidential wallets is important as well.

[fiorilia]

the money will be safer in the bank than in the crypto. fluctuations of a threat most real and most serious if store owned assets on crypto. Indeed if the fortunes of the results will be great but if not also a little loss. but besides that, if money is only stored in the bank's it certainly also will not be able to multiply quickly. so the bank is indeed safe, but does not guarantee can give you a huge advantage and not even possible.

[ronaldo_oc]

I think both of them have their specific disadvantages and advantages. For putting money into banks, banks may go bankruptcy or losing all the savings from the bank. For crypto, crypto is still very much volatile and unstable, even the exchanges and the ICOs and there are more scams in crypto. Thus, depend on your extent of risky acceptance, you can choose the best ways to invest your money.

[hachimon]

I think it's safer to keep money in the bank than in crypto. cryptocurrency is easy to break and steal. but if we keep our money in crypto then it's possible our money will double when we invest in a good coin. but there is also the possibility of loss. and if saving money in the bank our money will be safe but can not develop.

[rockybar]

if you put your money on the bank you will also earn profit. but a very small profit only, and if you put you money on crypto its like you are investing with a risk. but if you had good knowledge about crypto you could earn big profit. just take extra caution for the hackers that wants to steal your holdings.

[valek.bruno]

This is a very bad idea, the most important rule that every person who deals with crypto-currencies should know is to invest only the money that you are ready to invest, so it's better to keep money in the bank if you live in the US or in Europe.

[Adegokemufu]

You're very correct bro, it's saver in crypto currency than bank, because bank will be deducting your money every month but If you invest as the particular coin you invest in keep growing, so your money too.

[Bybox]

depending on the economic situation of your country and the bank you used to keep your money. Personally, I prefer to keep my money in real estate instead of my bank account but if I have to choose between bitcoin and my bank account then I will probably choose my bank since it is a lot safer than holding my fund in an online wallet or exchange. They are so many problems with bitcoin right now and it is not enough stable yet and not widely accepted in many countries so you can't cash out your money if your country does not allow it.

[Mumbeeptind1963]

depending on the economic situation of your country and the bank you used to keep your money. Personally, I prefer to keep my money in real estate instead of my bank account but if I have to choose between bitcoin and my bank account then I will probably choose my bank since it is a lot safer than holding my fund in an online wallet or exchange. They are so many problems with bitcoin right now and it is not enough stable yet and not widely accepted in many countries so you can't cash out your money if your country does not allow it.

In my self explanatory I would gladly to make sure that my money is in safe so I would love to have a both investment in a bank and in a cryptocurrency. Besides both are also profitable so either you choose to invest in Cryptocurrency or save it in bank I guess you made a right choice or even to have an investment in both.

[Swenna]

If we are talking about security then it is better to have your money in the bank but only if the bank, itself, is trustworthy and your country's ecobony is not experiencing a depression as tje bank may suddenly shutdown. As for the security of online and offline wallets, it can eitjer be hack or lose its pk.

Although, both also poses disadvantages and advantages in some areas. In crypto, you can cssh out anytime you want as ling as you have internet, but in a bank, you need to file first, since they often loan the money to others in. But since we are talking about security, well, the bank it is.

[globalking]

yes I think for sure the money is safe in cryptocurrency  because the banks are losing they trust among people so it is better to invest crypto

[StevenPop]

Your money isn't safer in crypto than it is in your bank, it is safer to leave your money in the bank. Cryptos are an investment and not a means of saving money so you should not put your savings that you are keeping into crypto. You are more likely to lose the money that you put in cryptos than the ones in the bank.

[Asmertafitov]

I think it's safer to keep the money in the bank but it's more profitable to invested in the crypto currency market !

It is a very contraversory point of view, I think you should first of all revise what your goal are znd what you want from your money

[Asmertafitov]

Your money isn't safer in crypto than it is in your bank, it is safer to leave your money in the bank. Cryptos are an investment and not a means of saving money so you should not put your savings that you are keeping into crypto. You are more likely to lose the money that you put in cryptos than the ones in the bank.

Both bank and cryptocurren y wallet may be unsafe for your money, it depends on the cryptocurrency and the bank themselves first of all

[bitcolic]

if you need to save your money in anonymous way yeah then you are in safe..

[Crasengover]

It's better to save some share of your money in a bank deposit, and another part in cypto. The better you diversify your porfolio the less chance to loose everything in one moment. So never store everything in one place no matter whether it is the most secure bank or the best crypto coin.