Is Your Money Safer In Crypto than at the Bank?

[dicaprio]

Everything depends on the amount. Because now very many people will begin to seriously consider the amounts that will exceed million accounts. They will be subject to thorough verification, so now it is important that you understand the line.

[tinyteapot]

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

Yes, I agree with you because they both have different functions and are both safe. In crypto, you can make reasonable profit on your investment as long as you invest in potential projects or coin and you keep your savings in he bank for security reasons, you also get interest on your savings but it is small compared to the profit you make in crypto.

[HedGeng]

Of course there will be pros and cons, because everyone will protect his beliefs. But I think it would be safer to save money in the bank. While crypto is available for those who are willing to get out of the safe area.

[gunhell16]

There are so many issues about lost money here in the country i am living.
There are unknown transactions in many banks and accounts.
i think i am safer in my crypto wallet as long as i am keeping my private keys and password safe and private.

[Zhenka]

Of course it is safer to keep money in the Bank, but then another question arises. Bank interest on deposits is much less than the percentage growth of many cryptocurrencies. That is why I part of the money stored in the Bank, and the part kept in promising coins and altcoins.

[anucrypto]

It is safe and secure to keep your money in the bank but in crypto it is more profitable to invest in it . You can make good money and high profit but it might be risky because it depends on price of crypto market .In bank your money is high secured with low profit and on the other hand in crypto there is high profit with low security .  

[buriks]

My money is safer at the bank than in crypto. But the profit from bank is less than crypto so much

I am safer in the crypto than in the bank, but I save in the local exchange in my country
the withdrawal is greater than in the bank

[simpelplan]

My money is safer at the bank than in crypto. But the profit from bank is less than crypto so much

yes, cryptocurrency is quite risky but also quite profitable
while at the bank, it is safer but only marginally profitable

[TokenForUs]

did you trust the bank? for me i would never trust the bank again and only use their services for transfer or total withdraw only. i have bad experience with banking industry since i work also in banking industry for 8 years. blockchain technology is the safest financial service to me, if you are really care about your funds and investment do not make any step that would lead you to scam action, for example pishing by offering big discount via email or joining big profitable airdrop as they promise. not only in cryptocurrency in real world we have to be careful.

[jpnl0003]

the bitcoin and blockchain technology characterized by the decentralized framework is far more safer and easier to keep money than the traditional banking system. every one that has a crypto currency knowledge will agree with that.

[churaCull]

Is your money safer...

The key word is your. I think this is the most important part of the question. When you put money in crypto, let's say in Bitcoin, it is your Bitcoin now. When you put money in bank, you give it to another person which operate with it how he want to. So don't forget about basic sequrity and stack your money in crypto - and it would be yours, and safe

[Classica35]

I think is is subjective. Keeping money in crypto depend our respective choices. Although, i would advise that whoever wants to keep money in crypto should ensure a proper security measure. Perhaps with the use of hardware wallet. Also, do not keep all your money in crypto. Try to also save some fiat.

[Psychee]

I do not even know how to invest in Socratus because this is a cool crypt project you advise as a person who understands this

[flowdon]

no its not mate, but investing your money on crypto there is an possibly you can earn by investing an ICO's or investing with other stable coins right now in the market, you can also buy an coin and play it by trading if you have an idea trading coins, lastly the more safest way is buying ethereum or bitcoin and just keep it safe that no one knows. because if you just keep your money on the bank you could never earn same as you can earn on crypto, but keeping your money on the bank is more safe than you invest in crypto.

[jpnl0002]

we have had issues of missing monies in the traditional bank and most people have started looking else where for succor and then came the blockchain technology with its decentralized concept and with an entirely different approach from what the bank actually does and it makes it unique.

[Venh]

Impossible. Now that the bank is state-sponsored and active for a long time, you will be safe with your money there. But with coin, you will be very profitable can be up to 100%, 200%, With the bank is only 1% per month

[izza123]

it is certainly not. banks make money to create debts. Crypto-currencies, on the contrary, are more reliable than banks and better than fiat money. they have a lot of advantages. if you keep money in a bank, then they belong to the bank, but not to you. if you keep the crypto currency in your wallet, it belongs only to you, and no one else.

[bayarau]

The Crypto currency was created to ensure that we all abandoned the services of banks that cash in on us, offering services that we can get for free. In this respect, I support Japan, as the most advanced country, where citizens were offered a choice to receive a salary in a bank or in a crypto currency! Of course, I'm for saving savings in crypto currency, as this is a technology of the future and more reliable than any bank!

[Philip Ruby]

At the moment bank is probably safer, but here is a huge but. Fiat currencies are the ones feeding the profits of large corporate banks. I am not a big fan of any bank. They are in an unequal power position compared to a regular consumer. For me, this is not so much about safety than changing the commerce world to more consumer-friendly in the future. It might take some time, but if we are not supporting it, it will never happen.

[BlackWidow]

cryptocurrencies are very popular, but also very unreliable. it is much more reliable but less profitable to invest your money in the Bank. if you are willing to risk - invest in crypto. but if you need stability and reliability-the Bank is the best solution