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Author Topic: Is Your Money Safer In Crypto than at the Bank?  (Read 9861 times)
Fanomoello
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August 26, 2018, 06:13:55 PM
 #1541

Banks are safer but you can gain much more money in crypto, or maybe lose it all!
But I think in the future all of people will invest in cryptocurrency and trust it over banks, this will happen
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curly228
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August 26, 2018, 06:25:09 PM
 #1542

It's stupid to keep everything in a crypto currency. Money should not lie somewhere, find the right application for them, invest somewhere

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August 26, 2018, 06:26:43 PM
 #1543

When the market grows it's more profitable to keep them in the market but when it falls better I'll keep them in the Bank )

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August 26, 2018, 06:31:18 PM
 #1544

Of course it is. The bank at any time can burst like a bubble, and the crypto currency is very much developing now
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August 26, 2018, 08:35:57 PM
 #1545

I think i would choose keeping my money in crypto over bank, but i will not still keep everything in there. The reason being that crypto is volatile. The is every
tendency for you to loose at some points. Although, that is why some people opt for tether (USDT). Also, if i am going to keep my money in crypto, i will ensure i put all the necessary security measures in place. I would even recommend keeping all your cryptoo assets in hardware wallet.
erick0024
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August 27, 2018, 06:32:54 AM
 #1546

I think, banks is better, more safety, but government can check your counts
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August 27, 2018, 07:14:23 AM
 #1547

I think i would choose keeping my money in crypto over bank, but i will not still keep everything in there. The reason being that crypto is volatile. The is every
tendency for you to loose at some points. Although, that is why some people opt for tether (USDT). Also, if i am going to keep my money in crypto, i will ensure i put all the necessary security measures in place. I would even recommend keeping all your cryptoo assets in hardware wallet.
We cannot totally depend on crypto and should never put all our money in crypto currencies, because still crypto currencies are not too much trusted an it is never good to put all our money in crypto currencies, we should distribute our investment in different places.
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August 27, 2018, 07:16:39 AM
 #1548

I wouldn't say monies are start at cryptocurrency because cryptocurrwncy investment is about taking risk but for banks and I mean legit banks,you can save and the problem I have about them is the little interest they offer to members.

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August 27, 2018, 07:19:04 AM
 #1549

I think, banks is better, more safety, but government can check your counts
And do taxes forcefully aswell, but that's not wrong though, as a good citizen we should always do what we are required to do including paying taxes but there's some people that wants privacy and saying that it's a really important thing, cant blame them for that.
But to be honest, crypto really helping me as a mean of sending payment online, using credit card or some kind always left me worries about the data safety.

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August 27, 2018, 07:34:13 AM
 #1550

For now, banks are safer than crypto to save your money. But I think if you save your money in crypto, you have the opportunity to get more profit. Crypto is better for investment but banks are safer to save your money.
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August 27, 2018, 08:57:37 AM
 #1551

In my opinion, I do not think that investing in cryptocurrency is safe. Better keep the money in the Bank .
edwardsolo2021
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August 27, 2018, 09:01:07 AM
 #1552

Well in case you're discussing the benefit you can get from it, I'll rather decide on crypto on the grounds that as the hazard is high so is the benefit high. Likewise, there are banks that couldn't deal with the assets of financial specialists and went into the dim, however in crypto your cash is dependably with you until perhaps you free your secret word.
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August 27, 2018, 09:08:14 AM
 #1553

I think for those who are not willing to take risk, it is safer in the bank because the value is stable there. But for the risk takers it is safer and better at crypto because it has the possibility of increasing very well.
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August 27, 2018, 09:15:03 AM
 #1554

I think for those who are not willing to take risk, it is safer in the bank because the value is stable there. But for the risk takers it is safer and better at crypto because it has the possibility of increasing very well.
That depends if we are talking about all of our money or just savings cause for me most of us would take risk with money that we put into our wallet for future and try to increase their numbers, but who knows which one is safer, that only depends on which we want to achieve.

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August 27, 2018, 09:16:39 AM
 #1555

In terms of safety, bank deposits are always safer. But in terms of profit, crypto is always more profitable

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August 27, 2018, 09:21:47 AM
 #1556

Kinda in Crypto you will be able to get hack by some people that know how to hack. Its a risk when your money is in the bank the bank can be rob. But I'm sure crypto is more safer than bank.
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August 27, 2018, 09:25:44 AM
 #1557

i personally dont have faith in any bank. I hate the chronic centralization and regulations that comes with having my funds in the banks. Crypto  is the real fiat

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August 27, 2018, 09:47:28 AM
 #1558

it is definitely safer to save money in the bank because obviously there is something that can be accounted for, but if our intention for Crypto is to invest not to save money on what we save our money in the bank? so all back to what intention we allocate money, if only for savings, then save it to the bank and if you buy it for investment, save it in your wallet or exchange.
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August 27, 2018, 02:10:33 PM
 #1559

The encryption of crypto money is protected by everyone in this market. An ordinary bank provides protection with 250 bits, while Blockchain protects with 400 bits. When we compare these two situations, it is seen how reliable krypton is.
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August 27, 2018, 02:13:02 PM
 #1560

No, this is very untrue that converting all your money to crypto and keep it by thinking of it is safe is a foolishness. So, guys never put your money in crypto for the prolonged period of time. Only invest for few months or till the profit come then exit from that coin.
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