Is Your Money Safer In Crypto than at the Bank?

[chenhaonan]

To be honest, I think the bank may be safer. If you keep your own money. No one will compensate you for the loss in the event of a loss. Of course, the biggest advantage of Crypto compared to the bank is not security but privacy.

[yourselfe99z9]

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.

[ranoby]

I think that the safest saving of funds is the old kind diversification of the investment portfolio

[Tejas05]

At present  money is safer kept in the bank. But when the crypto space matures and is accepted worldwide this will change and many will hold crypto.

[VernonRoshe]

I'm not sure that they are safe wherever that was. From the bank or a plastic card they can be stolen by intruders, as well as with bitcoin purse. The worst option is if your investment has fallen and you can not return it to its original values.

[dumplingsandsushi]

Unfortunately, bitcoin will become obsolete before it ever hits $250,000.
It is tech that has basically been unchanged for 9 years.
There are better coins out there.
On top of that, the entire market has shown that it will support crypto that goes beyond just being a singular blockchain and coin.
Smart contract platforms are where the real long term value is at because of their functionality and real world use cases.

People think that btc will become mainstream someday and will be used like normal currency.
This is just not true because the blockchain consumes so much energy and is expensive to maintain.

AS far as it being safer than a bank, well, that would depend on what bank.
Wells Fargo is quite possibly the most evil bank corporation on the planet and will never trust my money there.
A local bank in the Seychelles however, is definitely more useful and secure.

[jimskiy]

Saving money on the bank is more safer than we are saving money on cryptocurrency, many trouble was faced by investors are save their money on cryptocurency was hack and stolen by the other. But keep saving money on the bank is hard can hack by any people and bank have more good secure. But increase or not our money saving is why many people more interested for saving their money on cryptocurrency, saving on the bank still the same amount with or money.

[Alex09012004]

There are pros and cons i guess. For example MEW was hacked few months ago and many people lost all their money.

[killersyw]

its depends bro, but all i can say is no

[santosummer]

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

that's not true. In my country, with the reform of the process and operation of a number of banking institutions. along with high inflation. It is no coincidence that the bank has reduced the rate of compensation for bankruptcy. This is the most important point for me to assess the safety of crypto is higher.

[Yalovtsev]

But now, banks also in the future will be very unpredictable,as it will begin to control the money,like where did this amount come from?well, prove it, and tell me where from took and in that key, and taxes on them paid?so I think in the future, the crypt will be far more promising and profitable than the stupid Banks,as banks Oberau you have the money and they are not under your control,and crypt you have everything under control in your wallet.

[Tribizz]

For me i will say No because at the moment it is more save and reliable to keep your money at the bank as we can all see now how very often the internet is been attacked by hackers.

[gjtnwls1]

I think if you keep your money in crypto, there will be more risks than you have money in the bank. But if the market goes well, you will make a lot more profit than you can ever make from bank.

[lositech]

No doubt your money is sure safe in bank than in cryptos, in cryptos you are in charge of your money, and if you mistakenly lost their your private keys, your money is gone, or hacker hack into your account it is  gone but if such thing happens in bank, they will pay back

[boyjack]

I don't think your money safe in crypto than at any bank, crypto currency is very risky investment platform and bank is guarantee investment.I think don't compare bank with cryptocurrency, if you are extra money invest in crypto and you can earn fast and good return on investment, that's is the main benefits  from crypto from bank,Bank is very low interest but is very safe and secured, don't compare bank and crypto investment.

[ABDUL86]

Dear sir both are different things in bank you just deposit your money and store there time to time its absoulty safe.
But in crypto market you are investigation money and every investment has to face one is profit and second is loss so both are not a similar things so please dont be confuse, if you want to make money then risk is the part of this in short bank is just saving plateform and crypto market is the you bussiness in term of money.
So dont be confuse dear.

[dailythemmo]

Better keep your money in something solid as gold,a part of crypto and stay away from Banks , lol

[Bhosted]

I think that most of traders will talk about the fact that money is better kept in banks and I completely agree with this, because I know a lot of those who are unlucky with investing in the crypt.

[Kandala]

Banks are safer , bit crypto brings in more profit as they increase in value because they are like assets but the safest way is you can allocate some amount into crypto and some into fiat, to minimize risks

[TraiKH]

I think most people are more comfortable with keeping money in the bank. However, it will not be able to outperform cryptocurrency on interest rates. In part, the inflated inflation will create the opportunity to touch and store your money value in crypto is safe and effective.