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Author Topic: Is Your Money Safer In Crypto than at the Bank?  (Read 9859 times)
Feelgirls
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June 12, 2018, 08:13:24 AM
 #481

may be safer to keep it in crypto yourself under your full control, but not today as we see
market is so red and it is not good
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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MWesterweele
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June 12, 2018, 08:22:35 AM
 #482

I will be honest with you, In as much as I love crypto and want it to succeed and over shadow our traditional banking system but the truth is that I will feel more safer to love my money in the bank. Crypto is risky and once you lost your money it is gone forever.
Honestly bank is much safe to save money than crypto because in crypto when you lose it or stole by someone its gone forever but if you put your money in a bank surely never lose it. Even i love crypto still there's a higher risk when im put my money here but i never said its not safe but being practical i choose bank. But crypto is good for doing transaction because of its fast and cheaper fee, that's why some people put theirs money here.

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Yagami nunnery
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June 12, 2018, 08:26:44 AM
 #483

I don't think it would be more secure than a bank because there have been a lot of thefts happening recently, but I believe that my wallet is safe because my private keys are refrigerated and hackers will not steal them. wallet.

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25espia1994
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June 12, 2018, 08:27:04 AM
 #484

for me.
If you have money, you are curious as to where you get money for a more secure bank. We know our money is safe because all bankers are good

If you want to try crypto for your money my advice to you is to use a wallet.
https://www.myetherwallet.com know that many users are using it and its proper use and safe.

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June 12, 2018, 08:36:25 AM
 #485

if you want your money to increase more I suggest to invest in crytpo now, because the price is very low and the risk is small to get the loss because the price is very low, that too if you like the challenge and have the investor mentality and just wait for the next few months more profit from interest on your deposit at the bank.

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saelernet
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June 12, 2018, 08:50:26 AM
 #486

The Bank is safer than crypto. You understand that the market can fall and you can lose a lot. But I like to invest in the crypt because they use the technology with which my income increases. And it's very cool
v.berstein
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June 12, 2018, 08:51:10 AM
 #487

Banks are a pyramid scheme. They exist at the expense of new depositors and transfer operations. But the exchange rate in it is almost constant. In cryptocurrency, the coin rate can fall many times or grow. Therefore, to keep the cryptocurrency means to take risks. There is also a risk of hacker attacks. Therefore, today banks are more reliable. Perhaps in the future everything will change.
orisbar
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June 12, 2018, 09:07:31 AM
 #488

because of the chart of the cryptocurrency trading are so volatiles it is not so safe for your money vallue when you save on this, but the amount number of your crypto coin itself are a little bit more safe. The cryptocurrency safe security itself are more depending on our action, and in the bank it is just depends on their security system.
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June 12, 2018, 09:12:47 AM
 #489

I can say it depends on what type of cryptocurrency. I heard that VERGE currency has been hacked.
So, I can summarize that not all cryptocurrency is safe. A bank is still best option to store your money.

Superturacoin
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June 12, 2018, 09:14:10 AM
 #490

because of the chart of the cryptocurrency trading are so volatiles it is not so safe for your money vallue when you save on this, but the amount number of your crypto coin itself are a little bit more safe. The cryptocurrency safe security itself are more depending on our action, and in the bank it is just depends on their security system.
I don't think it is safer all our money in crypto because this is a decentralized investment that no one who controlled. For me, crypto is an opportunities to earn tremendous profit due to the fluctuations. It depends how we handle to be secured our earning .

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Moolah.lol
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June 12, 2018, 09:21:07 AM
 #491

I fully agree with Tim Draper. Bitcoin will certainly grow in the future of the next few years, regardless of the current price drop.
Farhan786
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June 12, 2018, 09:23:14 AM
 #492

I don't think that money in crypto currencies is safer than bank. bank is safer than crypto. The bank is more secure for money. Though cryptocurrency is very dependable and very reliable to invest on but is not that save in terms of security. So I choose Bank.
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June 12, 2018, 09:29:57 AM
 #493

if your money is for a serious and important purchase, then of course, you only need to keep money in the bank, as it is reliable. And if you want to invest and are ready for some kind of risk, then of course you need to invest in bitcoin.
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June 12, 2018, 10:05:20 AM
 #494

The growth of bitcoins is really very surprising and it had made even big companies think about it. I think it will be number one in terms of growth and market cap in the world.
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June 12, 2018, 02:29:18 PM
 #495

From a security perspective, I think that putting money into banks is more secure. From a profit perspective, I think that investing in cryptocurrencies is more profitable.
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June 13, 2018, 02:51:37 PM
 #496

Maybe I will keep my money in the bank rather than in crypto, because saving money in the bank will not disappear if we do not take, and if our money is lost for no reason it must be replaced by the bank.
argus312
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June 13, 2018, 03:04:42 PM
 #497

It is profitable to invest not in bitcoin but in altcoins the most promising ones.  But it's better to keep the money in the bank.
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June 13, 2018, 03:12:13 PM
 #498

Your money is never “safe” when it is under someone else’s control, Like the old saying goes - Cash is King. There is something to be said for being the guy with a ton of money stashed and ready for use.

However, the new saying is - BITCOIN is EMPEROR!!! Putting your funds into BTC/crypto will allow YOU to retain sole control over YOUR money; and, it WILL grow; faster than it would in a bank account; a lot faster!!!
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June 13, 2018, 03:21:55 PM
 #499

I think my money is safer in my bank than cryptocurrency because if I put my savings in cryptocurrency, then it's like gambling and I risk losing a lot of money if bitcoin loses its value and don't have enough money for paying my expense. Also, your crypto wallet can be hacked if you are not good with a computer and don't know how to secure your bitcoin.  While the money in my bank is more stable and will not lose half of its value in a few months like bitcoin.
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June 13, 2018, 03:26:46 PM
 #500

So with cryptos you are the real owner of your money you you control your wallet and private key at the bank the bank is controlling your money. So if you need your money quickly cryptos are in favor but they might loose their value

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