Is Your Money Safer In Crypto than at the Bank?

[stryker]

I lived in a time when banks robbed better than gangsters on the streets. So what about the safety of money in banks, I have the right to speak.

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[chengyinoing]

I don't think a person's money is safer in cryptocurrencies than it is in Banks. But investing in cryptocurrencies will give you more gains, and Banks can keep your money safer.

[RoooooR]

For now yes, i actually have most of my money because i really believe that this will be materializing sooner or later this year. No doubts but BTC will be starting it and the alternative cryptocurrencies will be flying too.

[deredevil]

Crypto and the Bank both have a high level of risk, both have opportunities to be hacked. It's just that, in Crypto, the risk might be greater. But at the Bank, your assets cannot develop. Putting it in both places would be better for me, so that if something bad happens in one place, then you still have assets in the other place.

[biraddali125]

If there is none of hackers, it is safer. But now, scammers and hackers are everywhere, we cannot assure safeness of our coin in the crypto wallet.

[kambaralikhan]

Nothing is safer than having personal control over your asset than to keep it under any other's possession or control. Crypto provides you the opportunity to have full control over your wealth. But be very careful with the pvt. keys and passwords of your digital wallets. Once lost, no one would be able to recover them. In short, I think Crypto is much safer than bank.

[Ladyechy]

yes of course, because I think it's safer to put your money on cryptocurrency than at a bank and more people choose to invest in cryptocurrency. On the other hand, your money will grow if you invest in cryptocurrency, because cryptocurrency can generate huge profits for its users.

[Specialforce]

Well i think it is much more safer than the bank than crypto because you know that there is a lot of hacker in the internet unlike with the bank it is much more safe but there is a lot of downside and also upside

[Nayebarefx]

Any investment is considered to be risky the fact that money deposited in bank dont make profits although fixed make small profits. But investment in any Crypto opens you chances to enjoy profits even more than 1000% even in a smallest possible time. This has been evidenced in many altcoins of recent which have made a drammatic move in price increament.

[medconindi]

the value is not stable today you buy it at 100 usd tomorrow it can be 10. And you better ready if that happend or youll be broke af.

[Karina 3340]

I think yes. After all, digital currencies have a number of important advantages over traditional money. As well as popular financial and physical assets. What is the reason? The fact is that crypto-currencies solve numerous problems. Associated with the centralized nature of paper currencies and other instruments.

[Utyg]

I agree with you in many ways. Cryptocurrency with proper and careful handling is well protected from fraudsters ' attacks. There is a Russian proverb. Money likes silence the more money the quieter they must be protected.

[dmamigo]

I think yes. After all, digital currencies have a number of important advantages over traditional money. As well as popular financial and physical assets. What is the reason? The fact is that crypto-currencies solve numerous problems. Associated with the centralized nature of paper currencies and other instruments.

I think you didn't consider the fact that crypto is volatile and people you choose to keep or invest in Nov-Dec 2017 in crypto now wish they had rather kept it in a bank. It does solve many problems and it is a remarkable transacting option one could have, but if you consider keeping it for liquidity then Bank is much safer. Also, I might and I like to add that many countries have imposed a temporary ban on fiat-crypto trading.

[coin111s]

Crypto-currencies are protected from inflation more than national currencies, but hackers can either steal the crypto currency or it may fall sharply in price.

[Pineastwood]

I personally prefer to keep some in the bank and some invest in crypto. I think this method is the safest way because as we all know that the risk of investing in crypto is quite large, especially if it's on new coins that are still in the early stages of development.

[socksserver3]

I think that your money is safer in the bank but you won't be able to earn profit if money will be in a bank. in case, you have it in crypto, you will be able to earn much more than the percentage from a bank

[Bigbansk]

Keeping money in the Bank is more stable and safer than crypto. But the profit will be meager. The Bank has very few people involved in the storage of money, the vast majority of their money is invested in another area to increase profits. Crypto is real.

[heamabong29]

keeping money in the bank wont change anything,,your money wont be increase at all,,,but using your to invest in cryptocurrency the profit their is huge you can realise thousand folds of your money that you used to invest,,but keeping money in bank wont add anything to it,,some bank will even be deducting your money monthly  so what is the essence of saving money

[AlexFF]

In my opinion, both ways of saving money have their disadvantages and advantages. The bank can go bankrupt. There are many hackers on the crypto currency market, but here you can earn a lot of capital

[kr105]

It is safe to keep the money in the bank, but there is no profit, it is very profitable to keep the money in the crypto but we have to take individual security measures, we have to be very careful. I prefer crypto.