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Author Topic: Is Your Money Safer In Crypto than at the Bank?  (Read 9861 times)
Donationcoin
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July 06, 2018, 10:38:11 AM
 #801

Probably they are, but while you're having a guarantee that bank would return your money and even more with a percents that are pointed in agreement. The cryptocurrency had no evidence that you would get the same money that you invested before
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July 06, 2018, 03:19:45 PM
 #802

Here in my country, I prefer to put 80% of my money to crypto because I feel safe because I'm the one whos holding it and if I lost my money it's my fault, bank is not that bad but here in my country banks have a problem multiple times like unexplained account that lost a large amount of money, ATM hacking etc, so for me I prefer cryptocurrency than banks
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July 06, 2018, 04:56:15 PM
 #803

At the moment I think it's better to store your money in the bank because there is still no complete and secure procedure for storing your money in the Crypto  Sad

The cryptocurrency is great but it is so much volatile! yes, you risk here more than in case when you deal with the bank. Naturally picking a good bank, you provide your safety - it goes without saying.
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July 06, 2018, 10:04:43 PM
 #804

To be honest, ever since I discovered crypto, I have never thought of leaving more money in the bank. I leave most of my money in crypto as I have control of it. I do not think abut whether someone will escape with my money or not. Smiley

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July 06, 2018, 10:11:04 PM
 #805

I think the money should be used. There are investments for this. Of course, keeping the money in the Bank or in the piggy Bank, they will be safe. But it will not bring profit.

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July 07, 2018, 02:51:18 AM
 #806

I think it would be safer to keep our money in the bank, because for cryptocurrency the price of crypto is unstable, could decrease and increase suddenly. so very unsafe. crypto is a place for investment not to save money.
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July 07, 2018, 03:06:15 AM
 #807

Actually in crypto it's more of a investment than keeping the money safe.When you are investing money sometimes you will get profits or sometimes you will loose.But in a bank money is always safe.But the profit is very low.
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July 07, 2018, 03:18:05 AM
 #808

In cryptocurrency is more profitable and can give much more more earnings than investing your money in bank but banking your assets or your money is more safer than cryptocurrency.
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July 07, 2018, 11:04:15 AM
 #809

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.
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July 07, 2018, 11:28:54 AM
 #810

I think it's safer to put money in the bank, and more people choose to invest in cryptocurrencies because it can make huge profits, all driven by capital, because the increase in money is small, and the encryption is very high.
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July 07, 2018, 12:24:48 PM
 #811

Well this is a difficult question, inflation and market fall are different concepts. Here no one is 100% protected either there or there, so where is more reliable. Probably now for the time being to keep money in the bank will be a little more reliable .. But better real estate.

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July 07, 2018, 12:33:45 PM
 #812

You need to revisit what the BTC brings to the world currency, you imagine that inflation happens, currencies lose value due to war, and security is due to encryption technology is quite strong. Than our asset bank, they hold and it is important that everyone appreciates blockchain technology so that BTC will be a valuable cryptocurrency because of its long history of growing progressively. If you are worried about the loss of money, then I believe that there will be companies that ensure your BTC money is safe means that many services follow the cryptocurrency.
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July 07, 2018, 12:36:56 PM
 #813

It all depends on what period of investment we are considering. If this is a period of 5 years or more, then no bank can compare with the reliability of investing in crypto assets.

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July 07, 2018, 12:38:24 PM
 #814

Tough One. Money in crypto, when the market is right, is potentially safer in that your potential earnings are high but it is instable and insecure.  Inaction is still an action, when you don't invest you are gambling just as much as when you do. But keeping it in fiat is safer in the sense of stability and security.  We all know that the dollar isn't going to change in value that much. Thats all
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July 07, 2018, 12:39:20 PM
 #815

Of course, you send the risky bank for the government, like the way you give your money to someone who holds and ensures that it will be available when you need it, while in purely cryptocurrency the network Computer processors, yes, the more the human world develops, the more advanced and sophisticated the technology is, AI or BTC artificial intelligence will be the scientific revolution.
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July 07, 2018, 12:41:06 PM
 #816

In my opinion it is definitely safer to put your money in the bank because in crypto there's a lot of mistakes from user that can make them lose a lot of money. On the other hand your money will grow more in crypto because it acts like an investment so the value won't lose to inflation. It's your choice to have your money value growing or get better safety with back.

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July 07, 2018, 12:48:13 PM
 #817

Well i would say that it is much more safer than the bank than crypto because on the crypto it is internet and it accesable by good hacker but on bank their is a security and the money you put can be recover
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July 07, 2018, 12:52:55 PM
 #818

I think the matter is not even safe. Just in the bank they will lie. And you will receive minimum deposits. And in the crypt, you can make good money by investing money. And the main thing is to develop well.
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July 07, 2018, 01:02:46 PM
 #819

I think the matter is not even safe. Just in the bank they will lie. And you will receive minimum deposits. And in the crypt, you can make good money by investing money. And the main thing is to develop well.
Yeah, how can your cryptos are safe because the price is up and down non-stops and you could have threatens from hackers who always try to steal your cryptos from you.
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July 07, 2018, 01:04:32 PM
 #820

I would say differently. In the bank, your money will lie idle. And if you invest your money in good coins, you will get a lot of profit.

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