Is Your Money Safer In Crypto than at the Bank?

[Brezz]

My money in crypto: Safe
My money in the bank: Safer
My thoughts though!

[sussan]

I'd say crypto is just virtual money and you're not really rich until you cash out because it's so volatile anything can happen.
But banks are not a better option for an investor Because of very little profit

[marcus_v]

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.

[yourialfa]

I think it depends on the conditions. Whether on a crypto or bank, I think both are perfectly safe to save money or assets. However many people think that saving money in crypto is not very secure. I think it's just crap. Saving money on the crypto I think is pretty safe and can avoid the harm. People's thinking sometimes varies.

[XFlowZion]

They are still vulnerable to hacks so they are both completely unsafe. They just have their own advantage and disadvantage. When you put your money in the banks, if your money is stolen by hackers, the banks will replace by them. While the advantage in crypto is the convenience of transferring from wallet to wallet without going to a place to make it happen.

[Set02222]

 think most people are more comfortable with keeping money in the bank. However, it will not be able to outperform cryptocurrency on interest rates. In part, the inflated inflation will create the opportunity to touch and store your money value in crypto is safe and effective.

[lonlonmarlon]

I think must safe to the bank because her in cryptocurrency is we have a chance to havk your wallet account but in the bank that is impossible to hack your account but it depends to you to what you want to use.

[pidie]

as long as I join cryptocurrency, the money I keep is safe until now. but saving money on crypto security is also not guaranteed 100%. if we want our money more secure, then we better keep it in the Bank.

[pacho08]

Right now, your banks are being attacked all the time. The hackers are poking holes in your banks and going after your fiat money. And the bankers are pounding away trying to keep the hacks away, but they are getting hacked all the time. No-one has ever hacked the Bitcoin blockchain.

[olsyd]

It is safer to hold money in a bank, at lease because the banking area is regulated by laws, unlike crypto. Crypto is an investment tool and investments can't be without risks but sometimes, for example in crisis, it is very dangerous to hold money in banks

[Mezze]

There is no doubt that your money is always "safer" in the bank (FDIC insured) but then it will only earn you peanuts in interest.  Cryptocurrencies is risky even more than investing in the stock market but the chances of making insane amounts of money is much greater. 

That's exactly the main difference and you don't need any more explanation. You risk more to gain more.

[Dutchyyy]

I think it depends on the conditions. Whether on a crypto or bank, I think both are perfectly safe to save money or assets. However many people think that saving money in crypto is not very secure. I think it's just crap. Saving money on the crypto I think is pretty safe and can avoid the harm. People's thinking sometimes varies.

Saving money in the crypto cannot be serious. You don;t know how much you will have tomorrow. Crypto is for investing and making money. The savings for rainy days have to be secured in another place in my opinion.

[Citataw]

my money is safer in the Bank. investing in cryptocurrency has big risks and you can lose everything. but the profit will also be large.

[inetto7]

I think that the crypto currency clearly gives greater protection of money than banks, especially third world banks, it is also important to be able to properly store your crypt, for example, it is important to make sure that personal keys are never on the computer while you need to commit a transaction.

[Schevascheva]

Here in this I doubt the bank the probability of losing money is quite small and here the exchange is a risk but it's worth it, so it's everyone's choice

[Dinsdendo]

I do not think that investing in cryptocurrency is safe. I think it is safer to keep money in the Bank.

[alpoahmo]

It is definitely more secure than the bank.You can do whatever you want without banking.Your wallet is under your own hand.The money in the bank is only composed of figures

[jozymens7]

Right now many people choose or have chosen to invest or save their monies into crypto because when it is at the banks you get a lower interest whereas in crypto you can get more increment on it as the cryptocurrencies increase in price.   

[emmiebrizzie]

if safety is the only thing you are interested in, then i suggest you keep the money in the bank but if you are looking to make some profit, then get some bitcoin or any coin you believe in

[SeXy]

Of course, thither is a parcel of peril in the crypto-currency bottom line, what is more, the equivocacy of the market tod as a hale invents real genuine danger in line to image money.