Is Your Money Safer In Crypto than at the Bank?

[Zenboble]

cash is more secure in the event that you keep it on the bank. yet, by keeping you cash on the bank it won't develop same as you put your cash or contribute it with crypto. contributing your cash on crypto you should consider the hazard that the cost will dump, there were programmers need to hack your wallet, yet there were most likely a chance to acquire benefit x2 x4 or even x10. furthermore, the main thing is simply make some hazard contributing on crypto and procure.

[1713999462]

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[Dansamiv]

with adjustments from current policies on reducing the rate of compensation from bankruptcy. Along with that, inflation is on the rise and the process of restructuring the state apparatus in my country. crypto will be a better, safer and more efficient idea.

[BitcoinGuru123]

I will say bank is much safe to save money than crypto because in crypto if you lose it or it got stolen by thieves that will be the end definitely but if you put your money in a bank you are sure of the safety. And it doesn't mean that I hate crypto I have my reasons for that. Practically, bank is more safer. Crypto has its good sides;  more preferable for transaction because of its fast  and cheaper fee, a tangible reason some people invest their money here.

[Kawasakigp]

When storing money in a Bank, you can not count on a high percentage of income, but at the same time keep them there safer. If you want to play roulette, you can transfer money to cryptocurrency and try to make money on market fluctuations.

[mir4a]

I invest in Altcoins because they have fallen in price by a factor of 10. I am confident that the Altcoins will regain their positions in the crypto-currency market.  

[localcrypto]

we can't completely invest all our money in crypto why because which is for long-term results whereas banks are age-old money managing system we can trust to some extent

[necromastery]

I will say, that my money is safe in crypto than when I storing it in bank and also the value also increases one time, not reduced due to bank taxes. I think it's same as saving money in my pocket. I myself am responsible for its security.

[lebron]

Each platform has its merits and demerits. In crypto,u loose your key file and you are finished.Yet you tend to make amazing profits in no time depending on how the market is and security is pretty cool too. With banks, u may need just a signature and a pin to secure your funds. But when there is a disaster, u tend to be delayed on getting your funds and the profits that come with banking is obtained at a long term span.. Both platforms are good. Just save at both

[Cryptopal2]

I think crypto currencies are safe because they are encrypted and have a blockchain . but Bank would be safer to keep savings because there is no risk of stealing funds

[blackhawkeye1912]

In my opinion, putting your money in a bank is safer than putting them in cryptocurrency. Do you have the news about digital coins been hacked, exchanges been hacked, digital wallet been hacked. In cryptocurrency there is assurance of the security. This is one disadvantages of decentralization. Though it has advantages. In bank your're money are safe. Tough cryptocurrency offers bigger returns.

[vitruvio]

Each platform has its merits and demerits. In crypto,u loose your key file and you are finished.Yet you tend to make amazing profits in no time depending on how the market is and security is pretty cool too. With banks, u may need just a signature and a pin to secure your funds. But when there is a disaster, u tend to be delayed on getting your funds and the profits that come with banking is obtained at a long term span.. Both platforms are good. Just save at both

Only if you have your own Bank. Otherwise, it is better to choose a cryptocurrency and ensure the safety of money personally. I trust myself far more than this smiling Manager.

[boltz]

I wouldn't go so far with crypto and banks and deposits. It's true that crypto has this choice for the user when he can deposit cash into crypto and crypto into wallet but nothing it's 100% safe not even bitcoin or blockchain and we saw so many scams lately that made me think that in this moment , banks are still much more safer than cryptos when we talk about deposits only.

[Kay28]

Bitcoin has grown steadily. Many people say it will remove the fiat, remove the banks - and from a technological point of view, I think it is possible. But it depends on the plans of the Banks and the Government - will it be possible for full adoption?
For Bitcoin to get full adoption, people have to switch from fiat to cryptocurrencies.
The more people switch to cryptos, the more merchants will accept it.

[ashtray]

For me money is more safer in banks than those damn scam ico,in bank our money is securely handled but with a tiny interest than you cant almost notify ,but in cryptoworld in joining ico yes theres a huge risk that may be entertaid but the posibility of gaining big is indeed.

[D3m1r4wanti]

I don't want to be a hypocrite, even though I joined the crypto world today, I strongly believe that your money will be safer stored in a bank than investing in crypto currencies.

[Mary89]

This question is asked by everyone who begins to engage in cryptocurrency and there is no single answer, but everyone is free to act and think in his own way, in my opinion, in the crypto currency, if not more reliable, so it is more profitable according to the growth of the price of the crypto currency. But banks today offer low interest and do not guarantee a refund, so where is more logical to invest?

[Omparkash72]

In every investment how you can say your money is safe. Both are different you cannot compare bank with crypto investment. You invest in crypto for making money or want to earn more money from that capital. In every Market you cannot say your money is safe it is totally depends on your investment where you invest and how much you earn from that. Oherside in bank you are not investing there so you will get only minimum interest nothing more. So I don't think comparison of both are not fare both are different.

[Cryptodiamond12]

I think, it is safer in bank but i still invest in crypto because i want to make more money, the best is to share your money. invest some in crypto and put some in the bank. Crypto is profitable.

[trudovik]

This is really a very important issue, because now many banks are experiencing great problems, since now the world is starting to have big problems with the financial system. What can be said about crypto-currencies, there are manipulators.

[gunhell16]

Your money is safer in the bank than in crypto, we all know that in cryptocurrency the price of any token are moving so fast.
its volatility will make is dangerous, you might woke-up someday that the token has no value, unlike in banks you will have the value as it is with a minimal interest.
though in crypto you can make more money than in banks you need to be attentive in this.