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Author Topic: Which is more risky? Bitcoin or bank investment?  (Read 5980 times)
nebuch
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May 30, 2018, 01:03:33 AM
 #301

That is because you are rich already so normally there are more scammers targeting you in order to get out your money from your wallet and travel the money and put the money on their wallet and say to you goodbye victim and anyway thank you so much. Easy money for them but it is hard for you. Better watch out those people who offers you to invest because you are not sure who they are maybe they are those people who look good outward but full of venom inside. You can search deeply the offers if it exist in real world for many years then you can try.
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May 30, 2018, 01:09:25 AM
 #302

Actually both of them are risky because we cannot control if ever what happen in the future but i'd rather prefer having an investment in bank with specific amount to invest because atleast they give insurance if there is something happened in the future.

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cryptojac17
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May 30, 2018, 01:10:26 AM
 #303

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, it is easy and simple to comment that investing in bitcoin is much more risky than bank investment. Investment involves high profit and high risk. That means if you invest in bitcoin, you have and face a good or big opportunity to get high profit besides high risk that you must avoid or at least must be controlled or minimized. Bank investment is safe but also low return. Decision to invest in bitcoin or bank depends on you, how much money you want to invest and your risk tolerance. I personally suggest to invest in bitcoin using some of your idle money and the rest still saved at your bank account.


Both of them are risky bank usually when in the bankruptcy they only  return small amount of deposit according to the banking law via insurance policy, BTC risk  is scamming but  you  already know what  are the trading sites that  are legit your  in safe  hands.

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May 30, 2018, 01:12:36 AM
 #304

aNAR
Abdullah.dhariwal
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May 30, 2018, 01:13:56 AM
 #305

Clearly bitcoin is more risky. But bigger the risk, bigger the reward. Smaller the risk, smaller the reward. So ak yourself are you a risk lover or not
waichi
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May 30, 2018, 01:17:59 AM
 #306

I think both are risky. The risk of bank investment is when that bank declares bankruptcy. In that case, people who have money in that bank doesn't have an assurance that they can get all their money because it depends on how much available cash they have after settling all of its obligations. The risk of Bitcoin is when the government banned all the transactions involving Bitcoin. With that, we can never convert our Bitcoin into fiat. When it comes to controlling your own money, bank investment is riskier. Because we do not have control in our money in the bank. Bank does have the control.

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Yohr87
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May 30, 2018, 01:23:36 AM
 #307

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
I agree to you because in Bitcoin no one manage or no one control it.Once you invest you can get a good profit but you don't have he assurance that it will last longer.Vice versa to the bank it has someone who manage and you have assurance that it will stay forever.
sacred32700
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May 30, 2018, 01:27:38 AM
 #308

Its risky in Bitcoin because there are more sites that just a scam that will offer you a higher value of money that may caught your interest but still there are some sites, forum, and campaigns that are authentic. In some point in Bank investment you can have a research for that before you undergo with their company that also makes you aware what is happening.
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May 30, 2018, 01:51:50 AM
 #309

Obviously, bitcoin or cryptocurrencies are more risky than keeping your money in the banks. But the point is, bitcoin and crypto investment can give you a profit in which banks can not. So if you're looking for a good profit while taking the risk, bitcoin and crypto is the place to put your money in.

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May 30, 2018, 01:52:34 AM
 #310

Investment banking is a really less risky than investing in bitcoin. In Bank investments from you, in principle, do not need anything, and there are almost no risks, but also profits as well. And with bitcoin, on the contrary, the risks are large, the profit is greater.

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May 30, 2018, 01:55:42 AM
 #311

I prefer investing in bitcoin, more clear and transparent .. than in banks I really do not like the bank system ..
  for me more risky is bank investment than bitcoin.
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May 30, 2018, 01:58:05 AM
 #312

Actually none imho, I am pretty sure Bitcoin is going to increase a lot because there is so less supply and great community behind it on the other hand banks give low returns + banks are here for hundreds of years.

Go for Bitcoin as an investment or for promising alt coins to increase your Bitcoin holdings.

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dany henry
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May 30, 2018, 02:03:48 AM
 #313

The rate of risk in bitcoin  is very high
basyang
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May 30, 2018, 02:06:14 AM
 #314

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?

Well, you right about that, but the way I see this thing is both bank investments and bitcoin are risky. As far as money is involve in the transaction it is risky. As you said, if you have a large amount money in your bank account, the bankwill offer you an investment, and they will control your money its has a big chance of scam because you did not know where fsr can your money used in that investment or they will really pay you back. While in bitcoin it is risky because some scammers can manipulate you to invest to their project especially if the price of the bitcoin can hook you because of its high price. So, be careful to all of your decision or maybe you can invest in the amount of money that you can not be regret to put on investment.

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teklang01
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May 30, 2018, 02:12:21 AM
 #315

Bitcoin is more risky than banks because there is no third party that backed it like any insurance company. If you lose your bitcoin by trading or being hacked there is no one to refund your money. But the good thing  about bitcoin is you can even double or triple your money in a short time unlike banks that is 1% interest per annum and subjected for a witholding tax for 12%, that is really funny.
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May 30, 2018, 02:23:27 AM
 #316

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.
Its really correct because in bitcoin no one control it or no one manage it base on the market while in bank there is a personnel that manage the bank.So that i can say in bitcoin there is more risk than investing in bank.But you can earn more and get more profit in bitcoin.
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May 30, 2018, 02:27:02 AM
 #317

You should research but truth is bitcoin is more risky compared to your bank. But you can only gain if you take risks...
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May 30, 2018, 04:02:24 AM
 #318

it looks like both are at risk but the most high-risk bitcoin seems to be because the bitcoin price was priced at only $ 10 and imagine if bitcoin suddenly drops to that price again and again becomes worthless.

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May 30, 2018, 04:06:09 AM
 #319

Bitcoin is indeed risky. But bank investments are risky too. we all know that investing in a bitcoin is more risky than depositing money into a bank. because its in digital form and hackers are very active about learning how to hacked accounts and hardware wallets. . But investing in the world of crypto offers many advantages.
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May 30, 2018, 04:32:49 AM
 #320

The risks are higher in bitcoins but it is well worth it. Bank deposits may be insured in some countries but the interest rates are laughable. Your money in banks are for safekeeping only. Investing in bitcoins, if done correctly, can make you a substantial recurring income.

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