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Author Topic: Which is more risky? Bitcoin or bank investment?  (Read 5979 times)
billknight
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May 27, 2018, 03:31:42 PM
 #101

Surely Bitcoin investment is more dangerous than bank investment. Because the bank has existed for a long time and is protected by the government. But if I want to make more money then I will choose Bitcoin investment
microwave
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May 27, 2018, 03:33:23 PM
 #102

Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?

Investment with cryptocurrencies are more risky and we cannot deny that but once you have the knowledge on how to manage these certain risks, there are no problem. Also, investment in banks are more secure so if you prefer to be safe from possible losses you should choose investing in bank rather than to Bitcoin.
campica
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May 27, 2018, 03:38:09 PM
 #103

In bank there are other people who are professional investors and their job are trading with your money. In bitcoin investing you must have some knowledge about bitcoin and trading. So I would say that is more risky to invest in bitcoin, because in bank real traders "works" with your money and they have interest to earn as much they can for you , because they got some percentage of your earning.
MrRiuss
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May 27, 2018, 03:46:08 PM
 #104

i dont know what kind of investment that your bank offer you. but every investment of course will have a risk. remember, high risk high gain, low risk low gain Smiley. bitcoin also risky, but you have the full control about buying or sellling it.
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May 27, 2018, 03:46:51 PM
 #105

in my view investing in bitcoin still risky because banks will protect money costumers if we saving our money to the banks even they will give annual interest even not too high but your money will grow slowly for every year but bitcoin can't ensure you wil get profit because the price so unpredictable even if we got hack we can't do anything because government does not legalize bitcoin

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vhroen
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May 27, 2018, 03:55:21 PM
 #106

Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?

The risky side of bitcoin investment is prone to hacking and greediness. You will lose all your crypto holdings if someone hacked your account or the exchanger itself being hacked. You might also lose a big amount of your holding if you trade using your emotion and part of it is being greedy. Whereas, if you use a bank just for depositing your money as your savings and no plans of availing investment plans that they are offering it's almost no risk at all. You only have to maintain the required monthly minimum balance so that your savings are safe and no deduction will be made to it.
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May 27, 2018, 04:07:36 PM
 #107

Btc is more risky than bank because btc have no regulations and binding on it's price and profit.But bank has some rules,regulations and some systematic way.Bank also follow govt. rules but btc is totally independent from this.Bank have to think about time value of money,annual rate of return, profit after tax from any sector but btc never think about that.That's why btc is more profitable than bank investment.

niz3r_nade
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May 27, 2018, 04:49:56 PM
 #108

is actually the same risky, but the most risky is bitcoin, because here is a free market, no ties, no evidence of a transaction, no insurance such as insurance. but if in the bank there may still be a black agreement on white or agreement on paper with certain warranties.
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May 27, 2018, 05:03:32 PM
 #109

Investing in bitcoins is more risky than depositing money into banks. Bitcoin is digital money, it's value is always changing, you can lose money. But when you invest in bitcoin you have the opportunity to make a lot of money.

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khalis
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May 27, 2018, 06:43:40 PM
 #110

The risk of investing in Bitcoin is greater than investing in Banks, but the profits that can be greater in bitcoin investments because bitcoin prices often change over time sometimes bitcoin prices can soar 50% -100% of the purchase price so we can make more profit , if the investment in the Bank profits can be at most 20% / year because it is all set by the Bank that manages the money we invest.
cyberkuto
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May 27, 2018, 06:50:11 PM
 #111

Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?

Both are risky, Wether it's bank or bitcoin.  But people go to bitcoin because the earnings is fast compared to a bank. When investing,  always remember,  that money could be gone. No one knows but it's possible.  That's why,  I strongly suggest to invest at least 10% that you have and do not give it all to investment. 
oni4an
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May 27, 2018, 06:53:55 PM
 #112

Bitcoin and crypto are generally riskier than bank investments, but with Crypto you can earn much more.
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May 27, 2018, 06:55:09 PM
 #113

Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?
Bitcoins, I would say are riskier than banks as you do not know what will happen the very next moment. There can be a sharp fall or rise in prices that can leave you flabbergasted. However, you should know that there are greater gains on bitcoins. Coins like PRG can give you greater returns.
RoryDennis
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May 27, 2018, 07:14:45 PM
 #114

Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?
Of course, bitcoins are riskier, but isn’t is better to have something that gives your higher returns than something that just gives you a certain percentage on your investments? I think we all want to be receive more than we invest in.
dancingnancy
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May 27, 2018, 08:12:11 PM
 #115

In fact, we all know that investing in a bitcoin is more risky than depositing money into a bank. Many people choose to safely deposit money into a bank for interest instead of leaving it at the chance of bitcoin. But investing in bitcoin will bring you very high profits in just a short time.
Btc may bring higher profits but in the long run moeny with the bank is much more viable in the current era I.e crypto is yet to become accessible by many vendors and laymen are still ignorant about it's existence. Btc has a higher rate of return but is definitely more risky than fiat.
Question123
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May 27, 2018, 08:18:50 PM
 #116

Ths more risky is bitcoin , because the price is unstable the price decreasing but if fhe price increase you will get high profit or a lot of money.

Bank your money is safe , because it's registered government and even the bank bankcrupt you will get some money also but it's a little only.
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May 27, 2018, 08:19:13 PM
 #117

I think the banks use for reserve purposes rather than investing. If you want to profit, you have to trade or invest in crypto...
High risk will bring profit.
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May 27, 2018, 08:31:01 PM
 #118

bitcoin is very risky because the price up and down, but also can generate big profits as well. bank is not the right investment medium, because we just keep it and the value will not increase.
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May 27, 2018, 08:39:45 PM
 #119

Bitcoin is more risky but it also offers a much higher gain. If you put your money in a bank it's going to be safe as long as the bank doesn't go under but you won't gain a lot. Bitcoin offers you at least 10 times more gain than the bank but it you have to be more responsible and careful with it.
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May 27, 2018, 10:46:38 PM
 #120

The rate of risk in bitcoin  is very high
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