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Author Topic: Which is more risky? Bitcoin or bank investment?  (Read 5975 times)
mikki14 (OP)
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May 27, 2018, 12:59:57 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?

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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bigmaster23
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May 27, 2018, 01:16:02 AM
 #2

I'd assume your from the Philippines in which I'm also too, you see the way your talking about this low,medium,high risk investment plan is nothing but a scam sounds really a stupid investment, investment plan in fact that you don't have any information where or what they doing to your money but I'd still prefer its more risky investing to bitcoin than the actual bank because legal bank have at least 2 to 1.5 % of gain annually to what you invest with, but with bitcoin it is likely to fall any time soon with its fluctuating market stabilization.

cosmicart
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May 27, 2018, 01:19:57 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
dark1234
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May 27, 2018, 01:21:30 AM
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as you said it is risky all difference when we invest in other than bitcoin we can not have control of our fund and we can not withdraw our money or take just what we need at any time
while in bitcoin it's up to us and we can sell it anytime and anytime
unless we invest / join the ICO

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May 27, 2018, 01:29:36 AM
 #5

as you said it is risky all difference when we invest in other than bitcoin we can not have control of our fund and we can not withdraw our money or take just what we need at any time
while in bitcoin it's up to us and we can sell it anytime and anytime
unless we invest / join the ICO

Bank investment is easy less efforts but less in profit, while bitcoin investment is more risky but very big profits our efforts here in bitcoin is worthy to received .
Caelanpelley
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May 27, 2018, 01:31:49 AM
 #6

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.
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May 27, 2018, 01:41:44 AM
 #7

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 and bank investment are same risky regarding money, but the difference between the two i think in bitcoin only in the market value of the coin that is not fix every now and then, in short we know already that this bitcoin is volatile in nature and we are aware of the flow and we have the direct control of our investment, while compare to the bank base the experience of my mother, her money was deposited in the bank in a long period of time, and suddenly said bank file a bankruptcy, her money in the said bank was gone, she recieved only small amount of money, and they cannot force the bank to give back her money diposited.
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May 27, 2018, 01:54:20 AM
 #8

I think investing with bitcoin is more profitable if you mention the invesatsi in bitcoin and in the bank both have problems when viewed far backward investment with bitcoi quite profitable when done with a long time
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May 27, 2018, 02:00:02 AM
 #9

For me its bitcoin that is more risky because its in digital form and hackers are very active about learning how to hacked accounts and hardware wallets. They are much improved as technology upgrading. But bitcoin is much more profitable ten times than the bank and its decentralized.

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May 27, 2018, 02:03:31 AM
 #10

I'd assume your from the Philippines in which I'm also too, you see the way your talking about this low,medium,high risk investment plan is nothing but a scam sounds really a stupid investment, investment plan in fact that you don't have any information where or what they doing to your money but I'd still prefer its more risky investing to bitcoin than the actual bank because legal bank have at least 2 to 1.5 % of gain annually to what you invest with, but with bitcoin it is likely to fall any time soon with its fluctuating market stabilization.
Rich Week Scheme, Filipinos are usually scam because we want to earn in a fastest which is wrong. Numerous news and article was published because of scam and I am also wondering why until now, we are always fool by this kind of scheme.
Bank investment is more risky in my opinion. Investors did not actually know where and what will become the purpose of their investment. If you are ignorant, you can easily attach by this kind of scam. Bitcoin investment is risky yet if you have knowledge, you can counterfeit what your loss and gain in return.

Axelseseclevz
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May 27, 2018, 02:07:29 AM
 #11

Actually,bitcoin investment is really much more risky than to invest with banks. But the advantage of bitcoin investment,you can earn double or even triple of your capital,but it depend on your strategies you will apply.

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Jihuny23
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May 27, 2018, 02:23:12 AM
 #12

All investments must have a risky opportunity. Both in banks and in bitcoins. On bitcoin, we can control full of our bitcoin. The risk, there is no insurance against bitcoin and there is no official central institution that regulates the circulation of bitcoin. If investing in a bank then there is a central bank that governs our money so we do not have the freedom to control our money. Besides that, there are many institution that offer insurance if happen unwanted things to our money. It's a bit of a picture of me so you alone can choose the best for you. If I personally, I will balance the investment in the bank and on bitcoin.
laiya94
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May 27, 2018, 02:26:24 AM
 #13

bitcoin investment is too risky than bank investments but on profit side bitcoin always win. On my county maximum interest rate o a government bank is nearly 16% but if you analyse past 5 years and bitcoin market you will how much profit will bitcoin gives you.

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May 27, 2018, 02:31:05 AM
 #14

making bitcoin investing is certainly much more risky because of its passive movements and very easily influenced by various news. investment banks are much safer, but still the benefits are not as big as when we invest in bitcoins. all choices depend on ourselves and for me it is a choice and that will determine our future is ourselves.
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May 27, 2018, 02:33:32 AM
 #15

correct me if i am wrong but what you described is not bank investment it is a special and additional service that the bank offers you in form of an investment in something else which you can choose not to use and just have your deposit in the bank and get the profit for it.
as for the investment they are offering you, that doesn't seem bad. it is an investment like any other investment with its risk and rewards.

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May 27, 2018, 02:38:37 AM
 #16

For the risk of investing between bitcoin and bank I think it's riskier in the bank, and it's true that in bitcoin we have full control and can also have a higher profit with rising prices, and also we can use at any time.
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May 27, 2018, 02:47:08 AM
 #17

Actually,bitcoin investment is really much more risky than to invest with banks. But the advantage of bitcoin investment,you can earn double or even triple of your capital,but it depend on your strategies you will apply.

Yes bitcoin investment is risky than the bank because there are some scammers in bitcoin if you dont scrutinize the ICOs. The advantage of bitcoin is that if you invest it will multiple your capital than investing to banks. But it really depends on how you manage your investment.
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May 27, 2018, 03:54:11 AM
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Actually,bitcoin investment is really much more risky than to invest with banks. But the advantage of bitcoin investment,you can earn double or even triple of your capital,but it depend on your strategies you will apply.

Yes bitcoin investment is risky than the bank because there are some scammers in bitcoin if you dont scrutinize the ICOs. The advantage of bitcoin is that if you invest it will multiple your capital than investing to banks. But it really depends on how you manage your investment.

I think bitcoin investment is more risky than banks since bitcoin is a digital money and it can be hack where as in bank your going to invest with fiat. But the big advantage is in bitcoin your profit will be double than banks.
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May 27, 2018, 03:57:20 AM
 #19

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, 04:04:17 AM
 #20

I prefer investing in bitcoin, more clear and transparent .. than in banks I really do not like the bank system ..

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