Is Your Money Safer In Crypto than at the Bank?

[AMdemzzy072]

No where is safer to keep your money, don't be deceived that if keep your money in crypto it is safer than keeping it in bank. What if you loss your money to a coin that turn out to be scam?

[dbangel1994]

I think your money is absolutely safe in the bank, but you don't have full control over it. Money is safe, but it doesn't grow much, it just loses its value to inflation. And in encryption, it can grow a lot as an investment, but it's not very secure if you don't have a hardware wallet.

[LuckyMan21]

No. When my money in the bank I'm at least sure that they will not be stolen. Of course, at the percentages you can not earn now as in the crypto-currency, but there they are safe

[arkawa040]

That's a very difficult question. Banks give guarantee of safety of money. Because of the volatility cryptocurrency, you can lose money. But for the same reason, you can also increase your capital. In any case: The choice is yours.

there is a question still in what country you live, may also be a devaluation, and the dollar may fall and the Euro may fall, then your answer I will say keep in gold it when it does not lose value, in my opinion in the crypto-currency store is quite safer on decentralized platforms, just need time to withdraw money in Fiat

[heritage35]

Just as much as i like crypto, I cannot save or put all my money into crypto, because there is every tendency for the price of crypto to fall and i might need fiat at anytime. I can still save half in crypto and half in the bank, in order to be on a safer side.

[Funmmi2]

Holding my funds in the bank is safer, Crypto is no different from other investments,it comes with its own risk and requires a level of safety measure. The vulnerability of losing my assets to hackers is pronounced compared to  when I hold in fiat at the bank, in the case of a bank the responsibility  lies on the bank to ensure the safety of my funds. I can only hold in  Crypto if I consider an investment.

[ElizRu]

You know, I'm probably a bit more confident in dollars, euros or pounds than the etherium or neo or lithcoin.

[stanforders]

As long as you keep your private key, it is safer and more convenient to a certain extent than in a bank. Because you can use and trade at any time.

[quaqui]

I think it's safer to save money in the BANK than in Crypto, but saving money in the Bank makes little profit because the Bank's interest is relatively small while saving and holding crypto will benefit more because crypto prices can go up to 100% percent in a short time.

[tutakhamunba]

I think putting money in the bank is safer than in the crypto, because the price of crypto still depending on BTC price too much, and it's not stable. It looks like an investment than a saving money.

[hsnjtdj]

Is your money safer than encryption at the bank? Ok, I think it’s definitely safer to have a bank. There are still some risks in the encryption world, but there is encryption in which your money can turn into more money, or make you profitable.

[simapple]

Safer of course in the Bank, it's definitely. On the storage of assets in the cryptocurrency in the future can give more profit.

[Creedact]

I think it's safer to save money in the BANK than in Crypto, but saving money in the Bank makes little profit because the Bank's interest is relatively small while saving and holding crypto will benefit more because crypto prices can go up to 100% percent in a short time.

[quaqui]

I think it's safer to save money in the BANK than in Crypto, but saving money in the Bank makes little profit because the Bank's interest is relatively small while saving and holding crypto will benefit more because crypto prices can go up to 100% percent in a short time.

[gabmen]

As long as you keep your private key, it is safer and more convenient to a certain extent than in a bank. Because you can use and trade at any time.

You're right about your private keys dude though one thing is that banks are backed by government and insurances whice means you'll have means of retrieving your money if ever it gets compromised, one thing you don't have with crypto.

[Bolabi]

I think the bank is safe enough to save money because your money will be insured but if you want your money to increase again, I suggest to invest in crytpo now, because the price is very low and the risk is small to get the loss and will benefit more from your deposit interest in bank.

[WiiD]

As long as you keep your private key, it is safer and more convenient to a certain extent than in a bank. Because you can use and trade at any time.

You're right about your private keys dude though one thing is that banks are backed by government and insurances whice means you'll have means of retrieving your money if ever it gets compromised, one thing you don't have with crypto.

I think this is only a matter of time, sooner or later the crypto-currency market will be regulated by the state and it will also safely store its investments in the crypto currency.

[LARSBAK]

I think it would be safer if money is kept in the bank rather than crypto. if you save money in the bank will not be lost, but if you save in crypto will likely be reduced. but do not be afraid to invest in crypto because crypto is more profit.

[geforce94]

NNO, if we invest our money in a state bank, our money is transferred to the protection of the state and it is already responsible for their safety. Even in commercial banks, we have guarantees that our investments will be returned to us in the form of deposit guarantee funds, from which certain minimum deposit amounts are returned to investors in the event of bankruptcy of these banks.

[shfdj]

In fact, it must be said that money is safe in the world of encryption or in bank security. It is certainly not necessary to think that it is safer to put in the bank. There are some risks in the encryption world, which is unpredictable, but if you want to get more benefits, more The money is definitely better to put your money in encryption.