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Author Topic: Is Your Money Safer In Crypto than at the Bank?  (Read 9454 times)
ooxtcoo
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September 01, 2018, 05:35:12 AM
 #1621

This is a rather difficult question, you can lose money with any option. But in the crypto currency you will give a report to your actions and risks6 you will be able to choose your own investment strategy. If you are a beginner, then of course it is necessary to resort to the help of specialists.
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wizmo
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September 01, 2018, 05:40:37 AM
 #1622

I think money in banks are more safer than in crypto wallet because in bank If your money get debited without your knowledge then you can contact bank and they will help you to restore funds but in crypto once money is gone is gone you can never claim it back. That's why every new crypto currency user must take some knowledge of how to use wallet before they start using it.
kriptoman171
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September 01, 2018, 06:59:00 AM
 #1623

I believe that my money is safe in the bank, than when I store it in crypto, but on the other hand the cost in crypto can increase many times, and in the bank it decreases because of bank taxes.
Umnikt
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September 01, 2018, 09:37:09 AM
 #1624

Of course, the security of your cryptocurrency is entirely up to you.Crypto will just give you the risk of losing or fluctuating.
adolf512
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September 01, 2018, 09:48:00 AM
 #1625

All types of investments have their risks, advantages and disadvantages. You need to invest the money that you are not afraid to lose. Your money in a crypto currency can quickly increase the cost, but can on the contrary - decrease. the only thing is when you need money, you can easily take your money from the bank with the bank you want (without loss), but in this situation the crypto-currency market is all much more sad.

rizkyhiw
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September 01, 2018, 09:52:02 AM
 #1626

If you ask me it will be safer to save where, I tell you that it is safer to store in a bank. in fact if you save to crypto it is very high risk to be hacked. but with you saving in crypto it is far more profitable than you save in the bank.
stryker
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September 01, 2018, 09:52:31 AM
 #1627

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.
chengyinoing
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September 01, 2018, 09:55:11 AM
 #1628

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
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September 01, 2018, 09:58:48 AM
 #1629

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.


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deredevil
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September 01, 2018, 10:02:25 AM
 #1630

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
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September 01, 2018, 10:04:26 AM
 #1631

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
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September 01, 2018, 10:04:42 AM
 #1632

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
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September 01, 2018, 10:52:42 AM
 #1633

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
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September 01, 2018, 10:56:57 AM
 #1634

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
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September 01, 2018, 11:28:26 AM
 #1635

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
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September 01, 2018, 11:30:26 AM
 #1636

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
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September 01, 2018, 11:34:34 AM
 #1637

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
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September 01, 2018, 06:25:15 PM
 #1638

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
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September 01, 2018, 06:40:23 PM
 #1639

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
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September 01, 2018, 06:42:32 PM
 #1640

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.
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