northstarh
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June 09, 2018, 07:56:16 PM |
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Depositing money into the bank will be very safe but the profit that it brings is not high. Investing in bitcoins will be more dangerous but you have the opportunity to make a lot of money.
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cris ronaldo
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June 10, 2018, 02:43:14 AM |
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A Bank Deposit is not designed to increase capital. The low percentage of contribution is comparable with inflation. As a result, your money does not grow, but not depreciate. Trading on the crypto market involves risk. Never invest money borrowed or credited.
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Dark_raven007
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June 10, 2018, 03:29:24 AM |
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The banking system is exhausted, but it will continue to live for a long time. Less and less people trust her and prefer not to get involved with her. And so in any country. But I also strongly distrust bitcoin, although I keep in it savings, more precisely I multiply. And there time will tell.
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Allan Ramanda
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June 10, 2018, 03:39:31 AM |
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it is true, all types of investments have risks, be it bitcoin or bank. but banks are better than bitcoin, because in my country bitcoin can not be accepted by the government. and in my opinion the weakness of bitcoin is, there is no clear law on crypto, therefore very much fraud occurs. but bitcoin can get a huge profit,
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Cita1
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June 10, 2018, 04:10:51 AM |
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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?
In my own personal opinion, bitcoin is more riskier than bank investment because bitcoin's price starts to decrease but bitcoin is more profitable than bank investment that will help to earn a huge amount of money that you can used to pay all of your expenses. Unlike banks you don't get huge amount money but it is safe. Yes Banks has lower risk with low interest rate. Banks is also safer than any other institution and it can give you cash whenever you needed it in emergency reason. Bitcoin have higher risk with higher gains of investments. If you know how to handle your money the future is safer because you can have money to finance your own business.
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Motigbo401
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June 10, 2018, 05:38:18 AM |
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Bitcoin is more risky than bank investment
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kaizerblitz
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June 10, 2018, 05:41:34 AM |
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I think bitcoin could me more risky kasi sa price pa lg ni bitcoin na hndi sya stable compare mo sa stockmarket lalo nito magririsky kaya para sakin i will to go bank investment.
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ninokh
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June 10, 2018, 05:51:24 AM |
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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?
I think bitcoin has a greater risk than investment in the bank. because the value of cryptocurrency is very volatile but can promise bigger profit than bank. banks have less risk and fewer profits.
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FO4R
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June 10, 2018, 06:23:38 AM |
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bitcoin investment is more risky rather than in bank investment.Since bitcoin is decentralized,thr givernment nor the banks doesnt have any access about it.The difference between the two,is in the bank you can get in touch with the bank officials regarding to your savings or investment but in the bitcoin industry,all you have got is the trust to the person that youve invested.
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Vart4varta
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June 10, 2018, 06:58:08 AM |
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I can say that investing in bitcoin is the most extreme investment that you can only make ... People will start out of bitcoin as soon as they understand how this crypto currency works
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2408AAY
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June 10, 2018, 07:00:01 AM |
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Bitcoin and bank investment are all risky but bitcoin is the most risky investment but worth it. One will earn more profits but banks are not worthy.
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vinbitpon
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June 10, 2018, 07:52:23 AM |
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I can see that the majority here in this topic says that they prefer Bitcoin's risk rather banks. I can't agree more because I have so many bad experience with banks. And not just me but many that I know have the same bad experience. In Bitcoin, you are the manager of your asset. You know where it goes and how much it profit and loss. That's why banks don't agree with Bitcoin or any cryptocurrency. They see these altcoins as competitors. It's a slap to the banks. People learn to handle their money. We learn to make ourselves rich not making the banks rich.
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vinbitpon
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June 10, 2018, 07:55:45 AM |
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bitcoin investment is more risky rather than in bank investment.Since bitcoin is decentralized,thr givernment nor the banks doesnt have any access about it.The difference between the two,is in the bank you can get in touch with the bank officials regarding to your savings or investment but in the bitcoin industry,all you have got is the trust to the person that youve invested.
You entrust your bitcoin to other people? Is that what you mean? If so, then you're doing it the hard way. You should be the boss of your crypto asset.
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amsiran_irene
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June 10, 2018, 08:01:41 AM |
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I can see that the majority here in this topic says that they prefer Bitcoin's risk rather banks. I can't agree more because I have so many bad experience with banks. And not just me but many that I know have the same bad experience. In Bitcoin, you are the manager of your asset. You know where it goes and how much it profit and loss. That's why banks don't agree with Bitcoin or any cryptocurrency. They see these altcoins as competitors. It's a slap to the banks. People learn to handle their money. We learn to make ourselves rich not making the banks rich.
In some point its true that it's safe being the boss with your investments but as to the continued attacks with the crypto, where million dollars investments were stolen still it's risky. thats the only weakness i see compared to banks. Bank's can be breached too but each investors have their statement of account and passbooks wherein those investments can be refunded or made as evidence for refund and you can take legal action on that matter which is opposite in the decentralized ecosystem.
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jzale
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June 10, 2018, 08:42:02 AM |
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Anywhere you put your asset is risky whether it be bank or invest it on Bitcoin. The advantage of bitcoin is it's decentralized aspect. Banks on the other hand is the opposite of BTC. If I were to choose then I'd choose investing on BTC because you have the better control of your asset there.
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BennyK
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June 10, 2018, 08:45:26 AM |
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For me, bank investment can be well guaranted as the type and low profit because there is no risk and even then there will be low risk involved later. The decision depends on your country of origin. In the government's approach to bitcoin and the taste of people if most of them feel good then it will be good. Some other criteria you need to consider everything and consider the best for you in the future. You are right. Our countries are in the hands of the governments and one attack from the government on Bitcoin causes the people to panic and begin to opt out from Bitcoin. However, Bitcoin investment is much lucrative and can be less risky if you understand the rules of the cryptocurrency market.
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nvt2511
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June 10, 2018, 02:56:49 PM |
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Indeed, bitcoin is much risky than bank investment. The bank are more secure than bitcoin but in investment the bank is much lesser than in bitcoin. In bitcoin it can grant you big money of you know how to handle it unlike in bank it will only give you a small amount of investments
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davidmckillip
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June 10, 2018, 03:20:11 PM |
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I think bitcoin is riskier than bank investment Because bitcoin price going with very high fluctuation than fiat currency. When wanting convert in fiat currency for reason, we have to wait for a some to bank process. Most of the time we have pay additional fee as bank payment. Bak is safe but it profit also very small. When considering the profit, bitcoin and other cryptocurrencies are best investment method.
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fishball
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June 10, 2018, 03:32:56 PM |
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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?
Bitcoin is still the riskier one. But unlike bank, investing in bitcoin has a lot more ways to offer.
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oluwatosin1
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June 10, 2018, 03:35:41 PM |
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Bank speculation is simple less endeavors yet less in benefit, while bitcoin venture is more hazardous yet enormous benefits our endeavors here in bitcoin is qualified to got .
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