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June 24, 2018, 07:55:28 PM |
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I think by looking at the facts, bitcoin is more risky than the bank. because if we put money in the bank then our money is guaranteed security, unlike the bitcoin that there is no guarantee of security.
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bilal_jan321
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June 24, 2018, 08:01:12 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?
government investment schemes are most secure in my country (Pakistan). They have zero risk but the return is overpowered by inflation. BTC, on the other hand, is highly risky but it can give you a mighty return in a very short span of time.
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Ascredo
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June 24, 2018, 08:10:45 PM |
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It is more risky and profitable than the bank. As a result, it is not necessary to look at this in the short term. Shuan did not come to the desired spot. There are those who have not entered the business yet and have not heard the name. I see it as your future investment.
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Syunusa
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June 24, 2018, 08:20:00 PM |
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Bitcoin is the most risky due to the fact that it price is volatility in nature and decentralized. Moreso, since it is not control by anybody, people tend to manipulate the price in order to favour them.
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vgk88
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June 24, 2018, 08:20:20 PM |
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I think it depends on the country in which the bank is located and from the bank itself. Long-term investment in Bitcoin looks less risky than a deposit in the bank.
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Ingoats
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June 24, 2018, 09:06:38 PM |
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If it's about the risk, Bitcoin is risky and bank investment is not. Fisrt of all, the market value of bitcoin is not stable. Its market price moves a lot due to the market volatility. on the other hand, banks are under the governments and all transactions are monitored. Since it is in the protection of the government, turning your money into it won't be risky. As such, it is clear that the risk only comes in Bitcoin and not in banks.
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danggoron
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June 24, 2018, 09:34:08 PM |
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It is more risky and profitable than the bank. As a result, it is not necessary to look at this in the short term. Shuan did not come to the desired spot. There are those who have not entered the business yet and have not heard the name. I see it as your future investment.
It is also a matter of legality. Many governments have not yet legalized bitcoin. So the legal status is not strong, it is different with the centralized bank with the government. So we have to be careful in storing assets in bitcoin, because the government can provide any policy related to cryptocurrency, including banning it.
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a2offrb
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RISE WITH RAYS FOR THE FUTURE
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June 24, 2018, 09:51:18 PM |
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Actually, Bank investment is a bit easy and of less risk to involve in, but it should be recalled that this is done by the Banks at the detriment of their customers by in one form or the other setting down some terms and policies guiding such deposits with them that shall deeply favors more the Banks. On the other way round, investing in Bitcoin is higher in risk truly, but are at the same time higher rewards promising in future especially at the long term hold. What I am from my opinion saying therefore is to invest in Bitcoin is far more preferred than depositing with Bank if one is actually A Guru in the field, though entering the deal without biting more than what you can chew is strongly advised.
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hmmkay
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June 24, 2018, 10:22:04 PM |
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Bitcoin investment is more risky, but much more profitable. Bank just hold your money and give you small miserable percentage, but crypto can bring you to the moon. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Malamok101
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Proof-of-Stake Blockchain Network
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June 24, 2018, 10:22:29 PM |
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Bitcoin is mo much riskier than bank investment but in bank we'll have low profit and can't be able to control or use them when we need but not that risky. while in bitcoin you can use or sell it anytime you want and you can lose all your money too or become rich either of these two
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oriontab
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June 24, 2018, 10:27:06 PM |
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In economies that are facing financial crises, it is safer to keep your money in crypto-currencies. The government can freeze you funds,place a huge tax on it or it may get eaten up by hyper-inflation. Cryptos are thus safer in such circumstances.
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whoisyourking
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June 25, 2018, 04:37:22 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 terms of security and insurrance bank is the most safe way to store your money, bitcoin is secured but do you think you can secure your private key From the theft? But in terms of profit for long term hold maybe bitcoin is the best way to invest your money but ots a pure risk, only invest what you can afford to lose..
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Sampson7
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June 25, 2018, 06:12:40 AM |
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I'd assume your from the Philippines in which I'm additionally as well, you see the way your discussing this low,medium,high hazard venture design is only a trick sounds extremely a doltish speculation, venture design in truth that you don't have any data where or what they doing to your cash however I'd at present favor its more dangerous contributing to bitcoin than the real bank on the grounds that legitimate bank have no less than 2 to 1.5 % of pick up yearly to what you contribute with, yet with bitcoin it is probably going to fall at any point in the near future with its fluctuating business sector adjustment.
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mix max
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June 25, 2018, 06:13:55 AM |
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Many people say that crypto is very risky even the banks have been warned about it. So I think that's the way it is, that bitcoin and crypto currencies are generally very risky because the bitcoin system is decentralized so there will be no guarantee and responsibility if things go bad later
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Bonnie Cleary
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June 25, 2018, 06:17:47 AM |
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bitcoin investment is more risky because the bitcoin price is not fixed. and bank investment is risky but less then bitcoin investment.
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Legendary1
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June 25, 2018, 06:21:35 AM |
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Yeah, bitcoin is much more risky than bank investments, but it's worth it, because bank investments will earn you nothing like bitcoin would. so i would say the risk is what it
Yes you are right that bank investments are safe but they will earn you nothing i think that some part should be save in bitcointalk and some in bank investment play on the both sides as it will give benefit.
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12tribes
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June 25, 2018, 06:29:33 AM |
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Which is riskier The bitcoin business or bank investment? If you must know the truth, bank investment is less risky than bitcoin. The profits from bitcoin can be high and sudden, but so are the risks. However, I would prefer to invest in the bitcoin than the bank.
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linsayjinny
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June 25, 2018, 07:12:02 AM |
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bitcoins is more risky but banks are no less. But surely some will see that bitcoin investment is much more profitable than bank investment, and investing in bitcoin will bring you very high profits in just a short time.
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FourByfour
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June 25, 2018, 07:23:24 AM |
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They both hold great risk, but I think bitcoin has much more risk, while other banks offer small gains over small investments bitcoin doesn't but at least banks are more secure much more for well known banks.
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MAJICOIN
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June 25, 2018, 07:28:55 AM |
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I think bitcoin is more risky for us but if we look at the bank the banking industry is an independent body which has many investors and top class decision they are doing for banks so if they invest the risk is zero while if we do investment here risk for us is 100%.
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