Is Your Money Safer In Crypto than at the Bank?

[DarkTaiga]

Although the money in the bank is not the safest, but I'm sure it's safer than money in crypto. Money in the bank will rarely lose value, but you can lose everything if it's in crypto. Cryptocurrency is just good for investment, not for keeping money. Recently, many hacking happens at the exchange sites, which made me worry about the security in the crypto world.

[Aivengo111]

majority will reply that it is much more reliable to keep money in a bank. Because there is no stability in the crypt.

[echodike]

Well keeping money in bank is good because you are sure your money is safe and stable, keeping your money in cryptos is a two side coin, you can gain or you can lose, when you gain, you will be better than the person who keeps in bank and when you lose, God have mercy..

[Denigmatic]

I believe that keeping money in the bank is still safer compared to cryptography. The banks have paper factories and subscribers, so whatever happens, you have proof that you are investing your money in them. In addition, you can go to your bank at any time, when you want to check the status of your money.

[H4hire]

It depends what you mean by safer. If you mean won't lose value then the bank as cryptos are extremely unpredictable, but offer better upsides on the positive. If you mean safer as in more protected then definitely your own crypto, so long as you have it stored correctly

[laskybok]

Sometimes, to manage your own money by keeping in crypto can be somewhat safer. That not withstanding, i would advise not to put your money into just one. Why not diversity. You can save some in crypto and others in the bank.

[bionicl34]

my money is safer in the Bank than in cryptocurrency. because storing in cryptocurrency is a big risk.

[bournekin]

Each of bank or crypto has the positive and negative sides to respond. Saving he money in crypto will make you get the profits much more than in the bank. However, it will get more risks to save in crypto because the price of crypto is fluctuating. Saving in bank is centralized therefore, they are saver exactly. But, you cannot get the big profits when saving in banks.

[dobol]

I think stay in the bank, why? because the bank has no fluctuation value at all, if compared with the crypto value that every second change, it is definitely more secure bank

[Bobocantik]

for some people will keep it in the bank, and some will invest it on the crypto, because of each that we save has its own risk
At the bank, we will be more calm to save money because it is safe without any big risk but the money will not increase quickly without us adding it.
in the crypto coin we will have to multiply that if the money we invested already has a fairly large selling value, and its risk on crypto coin if we invest it could be also the price on the coin decreased and we must wait for him to ride his new sell with the profit we want right

[seymenyunus16]

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.

[greenclub09]

I think my money will be very safe in the bank. Because the bank has no fluctuation, it also has monthly interest rates. However, banks will not bring us big profits. If we take risks, we want to double our profits, I think we should send money to crypto. Because cryptocurrency is a new market, it has great potential. With the benefits that it gives to the world, I believe that in the next few years crypto will grow strongly and bring a lot of profit to investors.

[phuongnguyen.mm.211]

I am definitely pro crypto, but if there is one thing we are lacking in cryptocurrency is the security, as almost everyday you hear of different hacks and phishing, and in most of cases funds are never recovered. So in my O it is safer in the bank

[cryptomadu]

For me, No. it is not. You know that the crypto market is a place with lots of hesitations and uncertainty. Anything can happen there. So how can you trust such a place than a bank?

[Iniya]

I suppose that it is safer to keep money on a bank account rather than on a cryptocurrency wallet. Unfortunately, there is no chance at all that your 100 bucks will raise to a thousand in a year on a bank account. I would strongly recommend you to not keep a large sum of money on a cryptocurrency wallet, if you don’t want to lose it all at once.

[digiadven]

Not really actually because in crypto if you pick the wrong coins and your money could be ended up losing but if you are got a very good coins and investment are growing then its good.

[Mig-23]

I think we need to save our money in bank to more safe than in crypto if we want to save it not investing it. Because if we want to invest it in crypto it will be up and down because the cryptocurrency characteristic is so volatile and we must know about it before invest in cryptocurrency

[idioma1]

Banks are more safe than crzptocurrency but damn keep money in crypto is much more profitable than at bank.

[Na1l]

It's hard to say. Everything can happen in crypto. Just one mistake and you can lose everything and nobody will help you.

[ngocminh01101]

This is a very bad idea, the most important rule that every person who deals with crypto-currencies should know is to invest only the money that you are ready to invest, so it's better to keep money in the bank if you live in the US or in Europe.