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Author Topic: Is Your Money Safer In Crypto than at the Bank?  (Read 9862 times)
Cokodi
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August 15, 2018, 08:31:12 PM
 #1401

I believe that keeping money in a bank is safer, because these are structures that provide certain guarantees
williamtkhoury
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August 15, 2018, 08:35:30 PM
 #1402

At present, I think the money in the cryptocurrency market is not safe in the bank.
 Your money in the bank could be taken away by government, but the money in the bitcoin will even rise up.
Money will be safer in the bank but it won’t grow n there!!!
rassvetcolnca
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August 15, 2018, 09:16:12 PM
 #1403

It is much safer in the Bank, as you are not in danger of a high probability that your money will be hacked or stolen from your Bank accounts .
Groxnii
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August 15, 2018, 09:20:16 PM
 #1404

No, how can you think about that! Yes, I am sure that the cryptocurrency has a great future, but so far the price is very unstable and can fall at any time.
goldenmistletoes
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August 15, 2018, 09:25:41 PM
 #1405

I think its safer to keep it in a bank than in crypto. Banks have more security features and your money is insured. Also there are paperworks to be sign and you have a proof that your money is stored in them. In crypto, there are less security protocol and its prone to hacking and cyber fraud. Although its more profitable in crypto its very risky.
Ximoandali
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August 15, 2018, 09:29:22 PM
 #1406

Well, now I think that in the Bank that the crypt is the same to keep, though the Bank is not such volatility in money as in cryptocurrency

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elzjmirra
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August 15, 2018, 09:40:37 PM
 #1407

Keep the money in the Bank I think it is very safe and not risk that our money can be lost. But if we save money in crypto, a huge risk. But with the money we save on crypto will certainly continue to evolve, and this development follows the crypto market price. And this is very beneficial for us because it makes a profit.
provide_life
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August 15, 2018, 09:43:59 PM
 #1408

This is the main advantage of cryptocurrencies over banks, when there are no intermediaries, and copies of transactions made on the network are stored on millions of devices.
Leri9
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August 15, 2018, 10:01:28 PM
 #1409

I think that  this market is too dangerous to save on it a lot of money, as the trades here are very unusual and you can lose everything at one point.
Neytiri
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August 15, 2018, 10:05:51 PM
 #1410

i think that your money is safer in the bank than in crypto because in crypto you may get hacked or you may have participated in a spam project but that does not mean that crypto is bad you just have to be carefull that's it?

Riga
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August 15, 2018, 10:19:05 PM
 #1411

I do not trust banks. I do not like the fact that my money is in a financial institution that sees all my income and expenses. In crypto currency I can remain anonymous.
gioangelofelix
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August 15, 2018, 10:22:31 PM
 #1412

depending on the economic situation of your country and the bank you used to keep your money. Personally, I prefer to keep my money in real estate instead of my bank account but if I have to choose between bitcoin and my bank account then I will probably choose my bank since it is a lot safer than holding my fund in an online wallet or exchange. They are so many problems with bitcoin right now and it is not enough stable yet and not widely accepted in many countries so you can't cash out your money if your country does not allow it.
steinkopf
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August 15, 2018, 10:25:16 PM
 #1413

I think that we should not keep all our capital in one place. Best of all, a part of the capital is stored in money in the bank, and the second part is invested in the crypto currency.
Atfirstno
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August 15, 2018, 10:28:32 PM
 #1414

Well, I don't know if it is safer in terms of security but your money could definitely grow impressively with cryptocurrencies rather than fiat, the later has a tendency to even loose value over time.
cryptolord2077
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August 15, 2018, 10:29:44 PM
 #1415

If no one knows about your money that is obviously they are safer on your cold wallet or flash drive than in the bank.
iyke12
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August 15, 2018, 10:31:46 PM
 #1416

Well, I think one shouldn't go cashless in the name of investments, have  huge enough cash as backup and invest the amount you want in cryptocurrency. Crypto is almost an investment so it shouldn't eat up the whole money in my opinion
tamarindbleu
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August 15, 2018, 10:32:59 PM
 #1417

I think that we should not keep all our capital in one place. Best of all, a part of the capital is stored in money in the bank, and the second part is invested in the crypto currency.
Well i really trusted cryptocurrency so even my money will be more safe with banks, i choose to invest it in cryptocurrency because i am sure crypto can really help me to have more money, and for the long time i am investing, my money is always safe and secured.
Dessy88
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August 15, 2018, 10:35:01 PM
 #1418

in my opinion, money will be safe in the bank, it is certain, because the money in the bank will not decrease at least unless we ourselves take it and will increase if we add it, if we save money in crypto we can get more profit than we save money in the bank. crypto and banks have their own advantages and disadvantages

Dutchyyy
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August 15, 2018, 10:35:20 PM
 #1419

I do not trust banks. I do not like the fact that my money is in a financial institution that sees all my income and expenses. In crypto currency I can remain anonymous.

Actually you cannot be anonymous, because soon or later you have to withdraw money into your bank (because you don't have any there) and then when everything is traceable.
PrudnikovLS
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August 15, 2018, 11:14:10 PM
 #1420

In terms of the fact that someone can steal them then of course I would choose the Bank. Even given that in the world of cryptocurrency complex security system but hackers are not asleep!
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