Is Your Money Safer In Crypto than at the Bank?

[Semeny4]

I believe that it is best to keep the money in the real currency and the currency of the state. Because the course affects the cost of living in the country very slowly. And with avral, you'll have time to plan everything.

[Ucoz]

I think that crypto currency obviously gives greater protection of money than banks, especially third world banks, it is also important to be able to properly store your crypt, for example it is important to make sure that private keys are never on the computer until you need to make a transaction.

[nasipadang]

If you have a wallet hardware, it is safe because you transact when connecting to the internet and when it is needed, crypto and bank I think the difference lies in who holds, if in bank your money is stored in a handy, guarded by experts in their field and marked as property rights over your money, while in your crypto that fully holds your money without any middlemen.

[Boloton]

My money can't be safe anywhere. Except in the gold at the bottom of the ocean, but there they can find some Amateur diver. Maybe I'm so lucky, but my savings don't usually melt down through my fault.

[Tylev]

I would not say that it is safer to store money in crypto-currency than in banks. To lose savings in crypto currency can be because of viruses, hackers, own carelessness or haste, due to the breakdown of the technical resource or loss of access to the wallet and for many more reasons. Do not always manage to protect yourself from these troubles in time. They require a lot of effort, time or money. From this point of view it is safer to keep money in banks. There are much fewer than the actual circumstances that may lead to the loss of your funds.

[morozo]

   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!

I agree with this too. Also in Crypto you can decide how many layers of security you want to use...with a bank you have no control.

[senin]

It's profitable now to earn money in the crypto currency, but it's safer to keep the money in the bank. Crypto currency is subject to very many risks when working with it. These are hackers, and all kinds of viruses, and various own mistakes, including stopping access to the wallet for various reasons. This is all there is with the storage of money in banks.

[leekhanh197]

I think bank is the safest place to store money, but saving in cryptos brings about increasing in the money, when one invest money in cryptos there is probability of increasing by 2x within months.

[thionh235]

In real talk, it still safe to save money from our banks. Because banks takes the risk of what would happen to our money if anythings happened. It is only my opinion.

[philadey30]

Saving money on cryptocurrency is at one risk, I think banks are saver for money in case of any problem and if they's banks are always responsible for your money in bank.
Banks are more saver than crypto.

[Na1l]

I am not sure that money in crypto currency is safer. Only 1 mistake and you can lose everything and nobody will help you. It's not too cool(

[gesintin]

Because of the current situation of the market, the safest place to save money is bank because keeping your money in crypto these days means you already understand the risk that is associated with it that your money can either increase if the market goes up or decrease if it comes down.

[Genosx]

In my own opinion is safer in cryptocurrency in terms of money than at the bank because the cryptocurrency industry is the safest that I know and more appropriate in this topic because they are best.

[tterrorpipa]

If you hold a big money, I think its much safer to put it on the bank. Because when you invest it into a crypto, there is a risk factor, there is a much chance that by just holding on it, you already gain profit. But when the coin dumps hard because of volatile market, then you loose a big portion of your holdings.

[jakedeez]

I definetly consider a bank to be the most secure place to keep your savings and get a little incentive from that but if you want to earn as much as possible from what you saved then you should go for investments.

[clololck]

Yes, I think cryptocurrencies are more secure than banks. At least it is free. But bank funds are protected by law. But people are not optimistic about it because it can create quantitative easing through devaluation and stimulate the economy. The original funds will be significantly devalued. So I am more optimistic about cryptocurrencies.

[brelok777]

My money is safe when they are in my pocket. To keep money in crypto currency is more risky occupation. But the opportunity to get a good profit is also greater. Banks pay scanty interest.

[Danglen1010]

I think it is safer in cryptocurrency than to bank about your money or investment because they are one of the best businesses that have a good feedback with you in terms of security and income.

[munareal]

When you talk about safety then between the two it is safer to have your money in the bank. With banks you are not liable for the safety of your money the bank is. When there is a bank robbery or fraud it does not affect your deposit . With crypto currencies the security of your coins lies with you . Hackers and scammer are always on the prowl looking for victims to steal their coins.

[emmybd]

There is nothing wrong in keeping money in cryptocurrency, but you have to keep it in the more safer cryptocurrencies. Some people will not like this idea they would definitely prefer to keep it in the bank.