Is Your Money Safer In Crypto than at the Bank?

[Tanya12356]

Of course, it is safer to keep money in the Bank. But is it profitable for you to keep money in the Bank? No. So it turns out that it is safer to store money in the Bank, but most of us store them in cryptocurrency, because it is profitable. But we understand the risks involved.

Crypto currency, now is the fastest growing asset.

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[OSYA]

Both systems (banks and bitcoins) can not guarantee 100% safety of your money. They just have different threats. The main enemy of both of them are hackers that can ruin online banking systems of the banks and the wallets for the crypto currency.

[Gfdety9]

I suppose  banks are the most secure place to spare cash, on the grounds that the quantity of robberies in banks is little.

[Flamebellow]

I don't think crypto is a safer place for money than traditional banks . Crypto is full of scammers and manipulators which are trying to steal your money , so you never know what value cryptocurrency you own will have tomorrow .

[sexcoyote]

as an investment toy, you are better of with cryptocurrency. however need to be aware of the risk associated  with cryptic, they are very volatile.

[johnnywoo2015]

Both systems (banks and bitcoins) can not guarantee 100% safety of your money. They just have different threats. The main enemy of both of them are hackers that can ruin online banking systems of the banks and the wallets for the crypto currency.

This is simply not true. The money in the banks are protected very well. The most important is that the money in the banks are not protected by the banks, but by a laws.

[shollyen]

I would rather say the money in the bank is safer and better than the one in your online crypto wallet. The one in the bank is guided by laws, not just anything can happen to your money.The bank itself will be held responsible. You see for those that keep their money on exchange, it is too risky .If you store your money at the exchange itself, it’s them. One day, you may suddenly discover that some anonymous genius with a laptop managed to hack it and steal your funds. It has happened to so many people in the past. Exchanges are big targets for hackers. The hackers know that exchanges hold the private keys to thousands, if not millions, of crypto addresses containing billions of dollars’ worth of crypto. All they have to do is get their hands on the master file, grab all the keys and transfer the crypto to a wallet they own. Once they do, there’s nothing anyone can do. The money is gone and gone for life. To keep ur cryptocurrency safe, don't keep it on exchange .I still prefer the bank...

[gabagandalf]

banks are very safe in the country i live in and people trust them. so i think my money is safe in a bank and crypto. i can't say i prefer either.

[Phophobobooo]

There are lot of ways you can double your security by keeping your passwords private key privately. Use an autheticator for your wallet, emails that contains important documents. Lastly always remember that safe browsing on the web is more safer.

[Beatah]

it's better to keep it in the bank because it's certain and the address can be found.

[Opera1p]

Money in cryptocurrency is saver then money in bank, when there is green market your money in crypto can yield thrice of your capital, while cannot yield in bank

[ParkSaezz]

From the bank or a plastic card they can be stolen by intruders, as well as with bitcoin purse. The worst option is if your investment has fallen and you can not return it to its original values.

[tri lie]

Don't put all your money in just one place. Crypto is quite safe and will actually develop the value of your assets, but the risk is also much greater because it is very vulnerable to hackers. Keep your money at the bank too, even though it doesn't get progress, but you can more easily access it and won't experience depreciation if your assets in crypto depreciate.

[mbah]

I admit a bank is a safe place in saving money than on crypto. If just looking for security then save it in the bank because it would be better. a great many complaints occur for lost their money in the wallet when it was placed in the crypto. hackers have always worked with a variety of ways to get results from this opportunity. but the results are indeed quite crypto recommended but the risks are too great.

[quanahri]

I think it's crazy to say that keeping money in cryptocurrency is safer than keeping money in the bank.
Here, cryptocurrency no one protects my money at all. I am responsible for my money.
The value of bitcoin, eth, ... or usdt also changes constantly. So I can lose money at any time.

[hardinero007]

there's an option to convert your money to usdt or bitusd or any fiat-pegged cryptocurrency, then just make your account secure.  this will be a safer choice than depositing your money in a not so reputable banks.  when your money is in crypto such as usd or bitusd, you can easily exchange them to other fiat such as bitcny.  when in crypto, the government cannot hold or freeze your funds.

[Sevarchik]

With the current situation of the market seems what our moneys safe only in USDT.
USDT the future cryptocurrency )))

[Deviaan]

I think this time I prefer to keep my money in the bank, and makes the crypto as a place to invest and widened the land I'm looking for money. I chose the bank due to crypto are more prone to be exposed to cybercrime, hackers. 

[jingyu27]

I think the money is very safe to put in the bank, but the income is the least. I think that the investment in cryptocurrency is very risky, but the profit that can be obtained is very amazing. I think you can try it once.

[kidd07]

I think this time I prefer to keep my money in the bank, and makes the crypto as a place to invest and widened the land I'm looking for money. I chose the bank due to crypto are more prone to be exposed to cybercrime, hackers. 

Yes, since bank are control by our Governments, In case of money losses we have someone to run to. Not like cyprto that everybody is anonymous. No one are responsible of your money but only you. So I prefer bank in saving my money as they are safer compared to crypto.