Is Your Money Safer In Crypto than at the Bank?

[Bolabi]

Cryptocurrency also has a good place to get more profits. That can make us rich, but can also lose a lot of assets. I think it's safer to keep it in the bank. After all, cash can maintain its value.

[prehisto]

It is safer and more profitable to keep it in BTC not any crypto currency.
Because banks can default and is happening all the time, you wont be able to recover your money if bank goes bust.

[erickastella]

personally i will prefer bank , because bank is safer than cryptocurrency wallet , if u lose money in cryptocurrency wallet , u will never get it back/restore it , if u money lose in bank , u can going to the bank and report about your loses money and they will get your money back.
i remember , while i forget my wallet private key , i cant get it back , because of my fault , thats why i think better save my money in bank , because its more secured and refundable.

[takose46]

I do not this safer than at the bank. Coins is not stablility, coin prices can dump and pump 90% in one months. There is no guarantee that it will strong increase. It can also be hacked, 51% attack.

[z21770179]

There is a real question where better to keep the money. If it is the european bank - it is good variant, but if the bank from the former USSR territory, in such case it is better to buy Bitcoin.

When an economic crisis occurs, many events can be detrimental to depositors. I believe that Bitcoin hoarding can make a lot of money in that situation, or the safest thing about gold hoarding, which has always been a valuable asset for thousands of years.

[uspehnyy]

If you are not the first day on the market, and already understand many processes, or gave the money to the management of profissionalam who really knows a lot, they have more security than in the bath, as the Bank tomorrow can say good-bye, or where the money?prove it's your money?

[Zigerffff]

Money that is on electronic accounts is just a figure. Set there 100 passwords, 100 is sewn - there is no probability that in one day you will not see there $ 0.

[b_economic_d]

In the Bank the money will be in a safer environment because they have also physical reinforcement protected.

[Gatsby club]

Banks will remain more reliable, but their reliability depends on the state of the country's banking system and the world as a whole.

[Gboytee]

To be sincere without been bias, money is more safer in the bank than in crypto. But the reality is, it is more profitable in the crypto than in the bank. Bank uses your money to trade but gives small return to you the owner of the money.

[joeyarg]

It depends on the country, but for most I would say a pretty solid no.

Right. I am not sure that my money is safer in crypto, because I never know how much exactly I have in crypto, it changes by the second. It is safer in crypto for people who control the market.

[Gaurav11kb]

Ita not really a rocket science, if you're talking about the storage only then of course money is safer in the bank but it won't give you any significant return. On the other hand, if you want to get a good return then crypto is best, put your money there.

[tomisinade]

This topic has a mixed reaction in terms of the answer because with cryptocurrencies your security is solely your responsibility and while some people feel its safer that way. The modern banking system has certainly made  precautions to safeguard the investment of people an I think your money is safer that way and there are proper safety nets in place for crypto investors.

[catok broek]

even though thus the news about the level of security offered by Crypto is higher than that of the bank, I still believe in the bank for the level of security of my money, because it does not have the exchange rate or the movement of money at regular intervals.
and also registered in a special insurance agency if the bank.

[Wyndesam]

Well, I in the crypto currency somehow calmer to keep, now even we have a lot of our ruble quickly depreciates , and bitcoin is a great replacement

[tifani05]

never think like that, as we see it today. crypto prices dropped dramatically, while the money in the bank remained safe and remained in the amount. because crypto is volatile, it cannot be used as a place to save money like a bank.

[Zigerffff]

All who are afraid of need to keep money under the pillow)  and everyone who wants to earn needs to find them use.

[Sophiya]

To store their money banks will be the most stable and reliable storage, but in terms of the work of your money, it is better to use the crypto currency. Here, the opportunities for earnings are much higher, but accordingly,
the risk of losing your funds is also very large. The most acceptable option would be to use both the bank and the crypto currency at the same time.

[HODL_guy]

I'd not say so because still crypto is exceptionally volatile and that's basically not good at all for storing money...yea, you can gain profits but risks are higher.

[novy]

I would say that BTC shows us a good price stability last month. Some interesting BTC activity is going on the market right now. I am still not sure what happens right now, but I believe that BTC will hit new ATH till the end of December. Wait till the end of September, the price should become even good for investment.