Is Your Money Safer In Crypto than at the Bank?

[AUruHM]

I don't trust banks. And govs. And I think that the best safe deposit is cache in the woods   But if choose from crypto and bank I choose crypto with small dep in the bank   Diversification is live

[nicole74859]

In my opinion your money is definitely safer at the bank because there's a lot of hacking and phising in crypto, but the value of  your money will continue to decrease because of inflation.

[Akenosi]

To me it is safer in bank that crypto currency as crypto is not regulated, money can easily be recovered in bank than crypto since its decentralized platforms..

[tnekramor]

In terms of safety I preferred with the bank no matter what happen incase banks are rob you will still receive your money deposited and the bank are liable to return your money. In crypto the risk and volatility is very high there is no assurance that your money will be back if the price of coins is dropping. On the other hand, in  crypto with regards to profit and easy access is preferred because I don't pay any taxes and at the same time I can check my balance easily.

[sinthan]

I think it's more save if you put your money into the bank but it can't growth, if you put into crypto your money can have a legit growth.. But nowadays the crypto market is bad right now, i hope it will recover soon and this is the great time for you if you want to save your money into crypto, a really good position for long investment than save your money into the bank..

[23sd12122121]

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.

[newwest]

There is no 100% safety. The price of altcoin may fall at any time, a bank may collapse at any time. Just when investing you need to follow a few basic rules, for example, do not keep all the money in one place.

If you are a risky take person than investing in crypto can make you millionaire in couple of year s while in bank your money will be 100% safe but you will not get any sort of return or hardly any return which may not be worth of keeping the money in the bank. So depending upon your need and risk ability can choose accordingly.

[JCO05]

If we wouls be practical, I think banks are way safer to put your money with than in Cryptos given that there's a chance to lose profit. This is due to the market volatility of cryptos which is clearly a normal thing as of now. The changes are what the investors are avoiding especially the loss of profit. So i'd say banks.

[112_blockchain]

I think that every day to keep money in the cryptocurrency, it becomes a more secure way of storing money than storing money in a classic bank. Now banks introduce a lot of fencing and just go bankrupt, forcing people to go to the cryptocurrency.

[pobeda]

I think that the crypto-currency world is a sphere in which people make money, if you want to leave your money safe, you should use the services of banks, because your money will be insured.
Just remember that there is always a risk of losing money, even in the bank, even in the crypto currency. Nothing is perfect.

[alkiw21]

In my opinion safer in the bank than in crypto. Because that's how we know that cryptocurrency is so unstable. So I just advise you to secure it in the bank. Different if for investment use. That's just my opinion.

[yerger]

I think that bank are more visible and also there is a guarantee of compensation from the bank if there is some case of loses. But there must be a fee that is worth the security of our money is guaranteed.

[@theman]

I think it depends on which banks you choose. In some countries, banks have been around for hundreds of years, and in other countries, banks close every day.

[Catmurs]

I do not know in the Bank I somehow safer to keep than in the cryptocurrency , especially when it is still so much hacked wallets.

[Schovgurov]

In my opinion having money in cryptocurrencies is safe but I believe that the problem does not reside there. The problem is the volatility that this amount in the future may cost less than the value of the current money.

[kostagr33k]

It is not necessary to compare cryptocurrency and banks. If you know a little about surfing the Internet you will never lose your crypto wallets.

[Marvell1]

I invest in crypto not just to save my capital, but in order to get profit from it. The bank will not give me as much profit as bitcoin and alts. But I'm aware of the fact that investing in banks is much more reliable than investing in a crypto currency. But the upcoming crysis can destroy band system and there is a high possibility that you'll never get your money back from a bank.

[qwrwhe199hznn]

According to me, I think for those who are not willing to take risk, it is safer in the bank because the value is stable there.
But for the risk takers it is safer and better at crypto because it has the possibility of increasing very well.

[godspree]

In my belief, considering the current situation of the market, the safest place to save money would be the bank. Keeping money in crypto these days means that you are ready to take the risk as the amount of money you have  can either increase if the market goes up or decrease if it comes down.

[zhengqiurong2@163.com]

At present, I think the money in the cryptocurrency market is not bank safe. The cryptocurrency is growing and fluctuating. In the future, I believe that the cryptocurrency market will be more secure than banks.