Is Your Money Safer In Crypto than at the Bank?

[Sigmund King]

In fact, in some countries, the fact that funds are placed in banks may not necessarily be safe, but people do not have better choices. Thus I believe that the investment in Bitcoin and another altcoins will be even more profitable, but it is still the most secure and remains to be discussed.

[dvmd]

Bank is safer. And when we lose our money in the banks we can complain to them. But when we lose our money i  crypto where we will complain, there is no regulation.

[VazLorde]

I think not, after all, banks are safer than crypto banks. Real banks have a smaller risk of losing, and that too can be resolved legally. different from the crypto bank, when our assets are lost then finished,

[cannycassiopeia]

Yes I think so. Its safe if you invest in in crypto but make sure that you know how to trade because once you ignore your investments, there's a possibility that you may loss them easily. While money in the bank is also safe but as years gone by, the amount that you save in the bank will cost smaller.

[Irkytsk38rus]

It seems to me that any investment is a risk. And no matter where you invest. Here the differences are only in percentage of profits and you already have to choose where you will be more profitable

[yrsat]

The fact that the money stored in the bank is safer is a fact, I do not argue with this, but there is no way to earn money, except for 5 percent of the heads. As for crypto currencies, here there are no guarantees, but if you are lucky and you will see an excellent crypto project on the stage of ICO, then you will become a very rich man.

[fiderr95]

Looking from which side to look. In the bank they will be saved, but in the crypto currency you multiply the amount several times if you invest in a good coin.

[honex2]

At the bank your money is used by others who are also risk takers and investors . they use your money and make money for themselves by borrowing from the bank, but with crypto you are in charge of your risk. Your money can triple but you also bear the loss.

[hynext]

If you want money safe then use bank, low risks and low interests but if you are risks taker then go to crypto more risky and more interest if you are lucky. For me, I invest to cryptocurrency than bank because I see more profit than banks.

[myfamilyisthebest01]

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.

[arthur305]

It is definitely not safer but gets your more profits. 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 is handled safely.

[jessd7]

I think for long term investment, crypto is much profitable and safer in a sense that you hold your private key. However, due to the volatile nature of crypto, keeping your money in a bank would be helpful for short term expenses.

[s.Zavgorod]

I don't think having my money in my wallet is safer than in a bank because bank have insurance if someone stole/hack funds, if some hacker will stole my coins from my wallet I will just loose my coins.

But if you spend enough time to protect your account and work on yourself, not to accidentally give out information suggestive of access to the wallet. Also, there are hardware wallets that are more reliable storage under the mattress.

[bummm]

I don't think having my money in my wallet is safer than in a bank because bank have insurance if someone stole/hack funds, if some hacker will stole my coins from my wallet I will just loose my coins.

Although I have the similar point of view, I suppose that if you pick the safest cryptocurrencies and if you install a very good Antivirus program, you will never be hacked. However, I trust my bank and keep some part of money there.

[Nolimitz84]

The safest place to keep money is at home in the closet .Many would keep their savings in crypto but you look at the rate.How can you be sure that tomorrow your 100$ won't turn into 1$.This fact frightens many.

[ekdahlswart]

Safer in the bank because there is a guarantee if something happens to our money. But if the crypto is not necessarily guaranteed as a case of hacking.

[meatballsset]

I do not think that it can be said that in the crypto-currency, money is more reliable than in a bank. If this is an investment for the purpose of earning then of course it is a crypto currency.

[kkont96]

How can you say that to keep money in crypto currency is more reliable than in a bank. Nonsense. At least for today it is a very high risk, as the market for cryptovals is extremely unstable. But on the other hand, keeping money in the crypto currency you can earn many times more than in the bank. Therefore, whoever does not take risks, he does not drink champagne.

[mammoniter]

Yeah it safe enough to have your asset in crypto, but there some risk you need to consider before move your fiat into crptocurrency, the value is not stable today you buy it at 100 usd tomorrow it can be 10. And you better ready if that happend or youll be broke af.

I don't consider it safe with those things you've said and definitely feel the opposite. Cryptocurrency is a good investment in many ways and is quite reliable in that field and even as a mode of payment but when it comes to " safety "  banks are still safer since your asset will not change in value. 

[Gelesko]

I don't hold investment in a bank, what kind of invesment is that? It gives you low yearly income and I don't think you could call it an investment, although you are safe (depend which country you live in), of keeping your money. Cryptocurrency is good investment, but you have to think twice where to invest, as you have a high risk of loosing your hard earned money.