Is Your Money Safer In Crypto than at the Bank?

[NorvsGanda]

In some aspect I think that money is safer when investing in crypto than putting it in the bank due to the fact that there is a possibility that the bank can be fraud or tend to be bankrupt while in crypto it can give you more profit and earning once you invest on it and you can hold it as long as you wanted.

[Ankush2108]

At this time crypto is very much profitable then bank but if we watch for safe then bank is much more safer then crypto. But in future cryto may also become safer.

[Aroma92]

If you have legal money, it is safer to keep it in the Bank. Now you can make good money on cryptocurrency.In the future, when everything becomes quieter and more stable,it will be more profitable to store money in cryptocurrency.

[selenophile]

It is safer to keep your money in the bank. But it will be profitable if you will invest it in crypto. Also considered the risk in crypto is very high because of volatile market. Everybody in crypto is anonymous so we do not know if they are trustworthy to transact with.

[automaticmoney]

Crypto is an asset for long-term holding we should wait for profits whereas the bank is for fast payments and transactions so we can't  compare both but crypto will replace bank in the coming future

[D3m1r4wanti]

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

I think you are wrong, the OP provides a security comparison option, not from the profit side.
I think it will be safer to be kept in a bank even though the profits are not as good as crypto currencies

[dlouulmusthofa]

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

i think so, because on crypto you're wallet can be hacked, crypto can be only for investment and trading, not for saving money

[KingJess]

both safe, as long as you hold your crypto in a safe place, which is hardware wallet. but I still choose using crypto than fiat storing in banks because I find it much convenient.

[CryptovationX]

The answer would be no, I still think bank is somehow more secure.

[Nicolas Bebek]

I actually feel more secure in a bank. It's just that, in a Bank that's too many pieces, so that it becomes inefficient. And I think also rather ribet dealings. Easier on the crypto, but maybe this crypto-prone also against hackers.

[ElizaZX]

With such leaps in the crypto currency market, I'm not sure that my money in the crypt is safe. Sometimes I get the feeling that I lose my capital every day for a little over six months.

[Perqushi]

safer if stored in a bank because the bank has a physical form and can be found if the problem occurs

[Meijau]

Bank is more secure than crypto. why? in Bank they have more secure tools to many people access your account and steal your money but in crypto wallet, they have web phising and hacker. I have lost 0,8 ETH cause web phising when i visit forkdelta and its like a original web.

[rmapower]

Keeping money in a Bank account is certainly a little safer, but this is only because banks adhere to an already established economic system. Once the cryptocurrency economy becomes more advanced, it will become the most secure.

[vendy86]

I don't agree with that article. If we talk about safety, I sure bank 100% more safety than crypto. At least our money value will not decrease at the bank. But if we talk from the investment side, crypto can give more than any banks. But like all investment, high return high risk.

[Cactushrt]

If we talk about safety i prefer banks because there is no way to lose your money if you put money in the banks expect an insurance.

[Agutin]

all the savings I would not have stored in the crypto currency, today you have 20k $ and tomorrow it can become 10k $. banks of course also close, there are banks that work for decades and in case of collapse or other unforeseen circumstances compensate for lost money. so the bank is much more reliable

[philX]

I think in the event that you mean it may be more gainful when kept in crypto. Keeping your cash in a respectable bank is more secure than keeping it anyplace on the planet. In spite of the fact that profits on benefit are not that much but rather bank is less risker than placing it in crypto. I don't think to place cash in crypto is more secure than at the bank! since these days the digital currencies are particularly in danger of being assaulted by programmers and trick! In any case, putting the cash at the bank possibly you will be impact by inflationary, you misfortune cash. Purchase the gold is the best wellbeing in light of the fact that Only gold is the intensity of the economy.

[madoka]

The way that the cash put away in the bank is more secure is a reality, I don't contend with this, yet there is no real way to procure cash, aside from 5 percent of the heads. With respect to digital forms of money, here there are no certifications, yet in the event that you are fortunate and you will see an amazing crypto venture on the phase of ICO, at that point you will end up being an exceptionally rich man. At the bank your cash is utilized by other people who are likewise daring individuals and speculators . they utilize your cash and profit for themselves by getting from the bank.

[LASSSKAR!1!1!]

My money is safer at the bank than crypto. Crypto is full of uncertainty and the market can be bearish for a long time without even breaking the initial price you bought your coin. Bank investment is safe but they will give you very little interest. Crypto currency markets today are something that is very risky in general, so today if we talk about preserving paper money, it's better to keep it at home or at a bank that never disappoints you