Is Your Money Safer In Crypto than at the Bank?

[_cryptoniya_]

I can not answer with 100% certainty, because, again, the cryptocurrency market is not studied. So far, there is every reason to believe that Yes.

[Phophobobooo]

When we talk about safety in the crypto community, then it means your own safety depends on your very self and no one else.

[telephonedroid]

Of course, Cryptocurrency is a huge risk.I think the money will be much safer in the Bank than in crypto.Everyone chooses his own .

[kriptoman171]

Banks are the safest way to store money. But banks will not give you big profits and if you want the amount of money to double or triple, you should think about investing in crypto.

[Kupidon777]

I think money will be safer at the bank, if it's a savings. but if it is the asset you want to increase the value of crypto becomes one of the right alternatives. unfortunately crypto money is very volatile in price, we must be careful not to lose our money.

It will be possible to talk about the stability of cryptocurrencies only in a few years. Now cryptocurrencies are more suited to investments, moreover,to high-risk, but justified investments. The Bank will keep your capital, but not multiply.

[Bile123]

At the moment I believe that yes. For example, I do not care about keeping money in the Crypto currency. After all, I think this is very reliable and safe. Of course while the world of crypto currency exists. And then we'll see what happens.

[Thaoni21]

I do not think our money in crypto is safer than bank. Because if you deposit your money in the bank it will not be touched and you can withdraw it at any time. But if it is crypto then your money will probably increase or decrease and you are simply investing

[fritzvillarin]

If crypto is not too much volatilite  I will choose crypto because in my country, Banks rob people if you fall below the maintaining balance it's like giving my money to bank and with an interest of a peanut for a year.

[ispodzemli]

I think Crypto is very unpredictable.But banks also do not give you much profit.

[chocopapaya]

Generally, I would say that your crypto is not more safer than in a bank.
But in the case of an evil corporation like Wells fargo, than I would say yes, it is safer.

Of course, it all depends on what crypto you are holding.
If you put all of your crypto into Jesus Coin than well, yeah...
In fact, the almighty btc, isn't so secure anymore.
It's obvious that people are ready to move on from it, after all it is already 9 year old tech.
I would say eth or another one of the smart contract platforms would be very secure.

I personally try to avoid large banks in general.
Especially worldwide banks like HSBC and citibank.
And I run far away from American banks as well.
I just stick with local credit unions, way better in just about every way.

[Kanoe_Yuuko]

I don't think what you say is safe, and it must be the opposite. Crypto  currencies are a good investment in many ways and are very reliable in this area, even as a form of payment, but banks are still safer in terms of "security" because the value of your assets will not change.

[tranquochung]

Dear friend,
Is Your Money Safer In Crypto than at the Bank? Oh, that is a good question. I am not sure about that. The bank is legal, but the crypto is still illegal in many countries now. So it is up to your thinking of the finance.

[dreico]

at this time crypto does not look safe because of the price drop and this is the only criterion by which I judge so I think the bank is safer

[Ollie1]

I guess both are viable in storing your money as it always depends om the user who is handling the account. It all goes down in their ability to manage their money since banks and crypto wallets only offer basic security that we do not have which is of course the storage for our money. It will always come down in the person if they are financially literate enough to keep their money secured.

[DisBITcus]

Well, here I can argue. After all, at the moment, something is difficult to predict. We can not say what and how it will live in the future. So, it remains only to hope that the money invested in the crypto currency and into the bank will not disappear anywhere.

[Red_Evil]

Dear friend,
Is Your Money Safer In Crypto than at the Bank? Oh, that is a good question. I am not sure about that. The bank is legal, but the crypto is still illegal in many countries now. So it is up to your thinking of the finance.

yea some country have thier own law. but i think is okay to save your money into your cryptocurrency because you are not only can saving you also can make trading here or just holding some asset. we can exchange crypto with paypal and withdraw into your bank account

[Rajatkatyal]

This is very clear according to me and my and my answer is no because your money is only safe in bank not is crypto world. and this is not the point to panic because your bank doesn't give you that's much profit ever that cryptocurrency can gives you very easily.

[Vovka4]

Well, about the safety of a very controversial issue because for example the hackers breaking the Bank is very unlikely, but the breaking of your crypto is very probable

[Amaliy Mordvinova]

The market for crypto currency is so small that it can not be damaged by the global financial crisis / More money will come than it will be in outflows!

[Sistivib]

Banks are the safest place for money, but if you want to double your money with more value, cryptography is the place to copy it, but there's no guarantee here.