Is Your Money Safer In Crypto than at the Bank?

[Maxbold123]

 Of course, it all depends on which bank and which crypto you are talking about. A good bank can guarantee you your money safety within a period of time and case of thievery, it can be tracked. Crypto is an investment and every investment is a risk but comes with its reward.

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[paramelton]

If you store money in concurrency, their security is completely shifted to you. You have to watch out for the same cold wallet and prevent it from falling into the wrong hands.

[Underw00d]

Invest in crypto currency is more reliable. After all, when I invest in crypto currency, I know for sure that only I have access to my capital. I can not say this about the money in the bank.

Banks often robbed. Their servers are often hacked by hackers. But also the crypto-exchange exchanges also hacked and steal money. Why are you so sure that your money is safe? Do you use a hardware purse?

[slavasxpu]

I believe that the level of security of savings that are invested in cryptocurrency that are in the Bank, is about the same, because neither there is no clear guarantee.

[Bitdressa]

maybe if the money is used for such a long period it may be safe to be in cryptocurrency and also to be more assured that it should save half in the bank and the rest with cryptocurreny.

[ji6658]

I think it is safer to put money in encryption.

[JoniPopens]

I'm not sure that crypto money will be the best way to store it, rather than in a bank, and there are big risks that the rate is not stable, both systems can be hacked or stolen, I generally hold the opinion that it is better to have your money and your capital in cash, so I think you, I wish you success!

[madlex]

For me, every day to keep money in the cryptocurrency, it becomes a more secure way of storing money than storing money in a classic bank. At now banks introduce a lot of fencing and just go bankrupt, forcing people to go to the cryptocurrency.

[Paperbuk]

Time will be the most important attribute of every opinion. Of course it would be different if we refer to Bitcoin holders from 2014 and who just started earlier this year. Whereas the future will always remain a mystery.

[mitsarasss]

Invest in crypto currency is more reliable. After all, when I invest in crypto currency, I know for sure that only I have access to my capital. I can not say this about the money in the bank.

Banks often robbed. Their servers are often hacked by hackers. But also the crypto-exchange exchanges also hacked and steal money. Why are you so sure that your money is safe? Do you use a hardware purse?

In crypto, the security of your money depends only on you. This teaches responsibility and mindfulness. When your money in the bank risks losing them depend not on you.

[just_strange32]

I see, my money in the bank or in Crypto can be risky. When I put my money in the bank, if I run into risk, I still get insurance. My money in Crypto will have a better chance of making a profit. Therefore, choosing where to place money depends on the specific time.

[Pajdo]

Banks are a pyramid scheme. They exist at the expense of new depositors and transfer operations. But the exchange rate in it is almost constant. In cryptocurrency, the coin rate can fall many times or grow. Therefore, to keep the cryptocurrency means to take risks. There is also a risk of hacker attacks. Therefore, today banks are more reliable. Perhaps in the future everything will change.

[asdlolciterquit]

It's almost impossibile to have your money stolen in a bank, and it's almost impossible to have your crypto stolen in you keep them in a hardware wallet.

[Star_Bucks]

I think that is very important to determinate what do you want to do with your money. If you want to save them, than the bank is the best option - very low rewards and very low risk. If you want to earn money and you are looking for profit, than the crypto market is for you. Potential very high profits, but high risk involved, as well.

I think this is true, you need to identify first on what do you want to do with your money. If it were me, i will choose to put my money in both. 40% in bank then 60% in crypto market. That way i have a savings while i work more to earn. We don't need to stop dreaming and aiming high.

[Xalata]

To be honest with you money is safer at the bank than in crypto but one thing that you should also know is that those who save at the banks only get pennies of interest. In crypto you can get more than 200% in a very short time if the  market rises.

[Exolife]

of course , it will always be safe in bank than in crypto, we know that crypto uses the block chain technology and that is really mind blowing to know how they keep and store all the data and information uniformly and safely but base on the value it is not stable and it has no sign to be stable, unlike on bank it will preserve its value, i think people here are after profiting, and when they earn their money will eventually go to their bank accounts..

[belal12]

no money is not safe on crypto. Crypto currency means to take risk , if you keep your money on it sometimes the price of coin fall down and sometimes grow up. There is also risk of hackers , in crypto the security of your money depends only you. On the other hand if you keep your money on bank than there is have no need of afraid of losing your money.

[akuser]

Invest in crypto currency is more reliable. After all, when I invest in crypto currency, I know for sure that only I have access to my capital. I can not say this about the money in the bank.

Banks often robbed. Their servers are often hacked by hackers. But also the crypto-exchange exchanges also hacked and steal money. Why are you so sure that your money is safe? Do you use a hardware purse?

In crypto, the security of your money depends only on you. This teaches responsibility and mindfulness. When your money in the bank risks losing them depend not on you.

Both have their own risks. But for me it is more supportive of Crypto, because this can be said to be a more practical and efficient future technology.
And security management can be controlled by yourself.

[aldrin6697]

Money is safer in the bank physical money is. Sooner or later crypto will be more safer than the banks its still in its development years we have so much more to look forward with crypto.

[Adel jamal]

It is depend on you if you want to investment in cryptocurrencies deal with coin if not keep it in bank