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Author Topic: Which is more risky? Bitcoin or bank investment?  (Read 5975 times)
djmixen
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May 31, 2018, 11:32:38 PM
 #501

Well, its not risky to invest on both, as long as you know how to invest and know your limitation you can earn more profit on them, but for me much easier to invest on bitcoin than investing on the bank, aside from bitcoin is easy to update how much your money earn profit, you can also withdraw or sell it anytime you want.
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De Suga09
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May 31, 2018, 11:33:50 PM
 #502

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?

Yes I agree that both bank and bitcoin are risky investment but both have different gains and loses. Interma of bank, they will charge you extra for investing with them as well as transaction and hidden charges. In bitcoin, you have control on your own, you wait for it to grow and you can have a profit. Also there are more opportunities in bitcoin.
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May 31, 2018, 11:39:26 PM
 #503

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?

Banks are more conservative than bitcoin when it comes to high risk high reward part, means btc is more volatile but that doesnt mean that banks are safer. It simply means that in bitcoin, it's riskier in terms of it's movement, it can move 20% in a matter of minutes and fall in a few seconds, but i'd rather hold my btc than invest in a bank, unless i have a good amount of money, then i diversify my investments.

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May 31, 2018, 11:44:58 PM
 #504

I believe that bitcoin is a more riskier investment than bank. Though your money in the bank does not grow or add value but you will be sure that it is safe and waiting for you to pick it up anytime you have need of it. Bitcoin on the other hand is volatile, your money can gain 50% or lose 50% at the same time. which is quite risky. you will also be guarding your private keys from hackers. too may things are involved with bitcoin.
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June 01, 2018, 12:19:32 AM
 #505

Bitcoin and bank investment are both risky but it has different way of being risky. Investing in bitcoin are very risky but if you have expertise and skills in investing in bitcoin you will earn a huge profit in just a short peeiod of time while bank investment are effortless but it takes time to earn profit on this.

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June 01, 2018, 12:39:35 AM
 #506

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?

Banks are more conservative than bitcoin when it comes to high risk high reward part, means btc is more volatile but that doesnt mean that banks are safer. It simply means that in bitcoin, it's riskier in terms of it's movement, it can move 20% in a matter of minutes and fall in a few seconds, but i'd rather hold my btc than invest in a bank, unless i have a good amount of money, then i diversify my investments.


In my own opinion bitcoin investment is riskier than bank investment. Because banks offers service in a more conservative way than bitcoin does. The market fluactuations in bitcoin is so aggressive. It pumps and dump frequently.

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June 01, 2018, 12:43:15 AM
 #507

Ofcourse investing in bitcoin is more risky than investing in a bank. The movement of the price of bitcoin is so unpredictable and you can lose money in just a short period of time if you don't know what your doing.
Indeed, investing in Bitcoin or other cryptocurrencies is more risky than putting your money in the bank. Cryptocurrency is a virtual currency, you don't what is happening in your money.

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TheKeyLongThumbI
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June 01, 2018, 01:24:54 AM
 #508

As of today bitcoin is still risky. Security is still a big issue. There is no refund if your funds get stolen in bitcoin but not in banks. But there's no profiting when you invest in banks and very safe investments means no profit at all.
DoublerHunter
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June 01, 2018, 01:38:11 AM
 #509

It is more risky to invest in bitcoin, we need to accept it compare to investing in the banks because the banks are regulated and their investment options are regulated by the government so there is no expected volatility in their options and they are more stable and more suited to the people who have a low risk type of appetite.
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June 01, 2018, 01:51:35 AM
 #510

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?

definetly both of this is  risky the banks and bitcoins,but if we talk about so much risk i thinks bitcoin is the winner,because its a digital form only or integral forms  of currency that you  cannot seen and its volatility,while in the banks you can seen and hold  your fiat money,while in other hands if we talk about much more profit, no doubt bitcoin is the best rather  than if we compare the benefits into the bank.

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tisoysoy
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June 01, 2018, 01:53:11 AM
 #511

As of today bitcoin is still risky. Security is still a big issue. There is no refund if your funds get stolen in bitcoin but not in banks. But there's no profiting when you invest in banks and very safe investments means no profit at all.

It still has a profits mate but expect for a small return from bank Investing and about bitcoin Investment, for me Its a good Investment but more risk  Involve, but If you just trust and Invest It, you will earn a expectacular profits by the time will come bitcoin arouse.
thenameisjay
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June 01, 2018, 02:38:49 AM
 #512

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 investments are more risky compared to bank investments. Bitcoin investments are much more unpredictable compared to bank investments which gives off an estimation of the growth. However, bitcoin investments pay larger than bank investments.

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June 01, 2018, 03:31:46 AM
 #513

Ofcourse investing in bitcoin is more risky than investing in a bank. The movement of the price of bitcoin is so unpredictable and you can lose money in just a short period of time if you don't know what your doing.

If we compare between risk and reward on bitcoin investment, i think bitcoin is more profitable than others. As long we keep bitcoin as long term investment, I am believe bitcoin is good investment than others.
Bitcoin price unpredictable but if we are long term investor, we will ignore short term movement
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June 01, 2018, 03:57:09 AM
 #514

I think bitcoin is much more risky, because you do not know what will happen to the market in the coming days. If we are talking about the national currency, then it will always be in demand, the only risk is that the bank will go bankrupt!
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June 01, 2018, 04:03:22 AM
 #515

All types of investments certainly have a risk, although investing in banks is guaranteed by the government but this does not guarantee that it is safe and 100% profit, many factors are the consideration that I'm not interested in investing in banks and prefer bitcoin even more risky.


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June 01, 2018, 04:04:21 AM
 #516

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. Just crypto is more risky if we do not understand in the world of crypto of risk, the cryptocurrency is definitely higher than the risk of bank investment, but in terms of rate of return, the cryptocurrency is definitely higher, depending on whether you dare to take risks. But they give you total guarantee your money is safe and the interest is guaranteed as well.
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June 01, 2018, 04:13:56 AM
 #517

both of these have their own Risk levels, Investing in banks that a good number of your investments are prone to governmental influence and other influential persons, meaning that the investments are not given  chance to independently grow, Investing in BTC on the other hand comes with its own risks and challenges, the market is so volatile and unpredictable that the value of the coins can dip anytime this is also due to the fact that the coin is noot controled, noen of thes are totally safe, but Bitcoin investment is high risk that comes with right rewards.

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June 01, 2018, 04:18:21 AM
 #518

Everything comes with its own risk. To be in the best side to deal with risk, you must be well endowed in knowledge in that field of operation. You cannot invest in Bitcoin without knowing anything about Blockchain, th crypto market or Bitcoin. In situations like that, you only raise your risk of losing your investment as you can end up investing on scam platform.

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June 01, 2018, 04:22:38 AM
 #519

Bitcoin is more risk as its an online business with no physical owner and office whereas bank is a legal body that can be traced or sued incase the investment go negative. ....There is possibility of refund with bank which i believe will  never happen with bitcoin
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June 01, 2018, 04:25:34 AM
 #520

Bitcoin is definitely more risky than bank investment. But high risk means high return. With bitcoin or other crypto, it is possible that you will make a lot of money in a short period of time, but this will be very hard for bank investment.
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