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Author Topic: Which is more risky? Bitcoin or bank investment?  (Read 5979 times)
Beroximos
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June 01, 2018, 07:27:15 AM
 #541

Riskier is BTC investment of course, but it is better what is concerning of probably profit.
almaerk08
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June 01, 2018, 07:38:26 AM
 #542

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 it's more risky to invest with bitcoin because if investing with a bank if there is a problem already there is a legal institution that handles if bitcoin we will lose all without any legal entity that can help us, investment with big risks of course produce big profits too

I agree, bitcoin investment is much riskier than investments in the banks. Bitcoin is not yet regulated and not yet accepted by some countries, its price is very volatile, while if we invest in the banks, we can be sure that we can get even a little percentage of our investment annually, and of course we are protected by our government and there is insurance if something bad happens to that bank.
QueenOf
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June 01, 2018, 09:18:52 AM
 #543

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?
investing in Bitcoin is more risky than bank investment.
there are several reasons why Bitcoin Investing is more at risk:
a very fluctuating price, so whenever you can lose your money.
Wallet theft. because Bitcoin is a digital asset so there are many possibilities if your wallet is attacked by hackers
And you can not restore your Bitcoin if your wallet key has been deleted.
so be careful. but besides that Bitcoin is a very profitable investment place for me.
Ryanpaul80
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June 01, 2018, 09:41:32 AM
 #544

Actually both bank investment and bitcoin investment are risky. Bank can be robbed or can result to bankruptcy and in Bitcoin it can be hacked but both have security measures and features or protocol but in Bitcoin you have higher possibility to grow or to earn
jayarbillones
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June 01, 2018, 09:57:40 AM
 #545

for me bitcoin is riskier than a bank investment, however banks are also not 100% safe. If the bank is regulated by your country's central bank or some state financial authority then if the bank goes bankrupt,Either you are investing in Bank or Bitcoin .but the Risk percentage is more in Bitcoin than Bank. Even then as an investment purpose still I prefer investing in Bitcoin more than Bank.
Mofazzal840
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June 01, 2018, 10:15:36 AM
 #546

Actually,  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. It is1০০% true. Smiley
Evangelin25
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June 01, 2018, 10:32:43 AM
 #547

both are in risk factors only!!!
passioncrypto
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June 01, 2018, 10:42:57 AM
 #548

I admit that bitcoin investment is riskier than bank investment. But we all know, No risk no gain. Bank investment is less riskier but what bitcoin can give you that no bank can ever give you.
RuslanSamui
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June 01, 2018, 10:47:03 AM
 #549

Hello everyone, my opinion, of course, the investment in bitcoin is riskier. A very large volotility, the inability to present a future price, this makes bitcoin a risky investment
sensimilia
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June 01, 2018, 10:56:51 AM
 #550

If you think carefully you will find some serious disadvantages in both banks and the bitcoin despite the fact that they are very different. Banks are risky because they can become bunkrupt all of a sudden and the bitcoin is risky because it is so volatile and it is not a centralized currency.

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Getmon
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June 01, 2018, 11:02:18 AM
 #551

I think it is more risky in Bitcoin than in bank investment. But keep in mind that in the world of investment, the rule is always that the higher the risk, the bigger the return. The investment world is not for everyone. It is for those who have the guts and not just the brains. There are brilliant people out there who are lacking the necessary bravery to take risks. Bitcoin gives us a much bigger return but you will have to counter a lot of negative comments.

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fourpiece
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June 01, 2018, 11:06:36 AM
 #552

Bitcoin is a little bit risky compared to bank investment. In bitcoin if the price goes down you lose, and when it goes up profit!!! Putting your money in a bank your investment is secure but it will take long to get profit from it, maybe lets say 100 to 200 years.

digroske
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June 01, 2018, 11:14:09 AM
 #553

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 do not think that bitcoin is more risky than deposits in banks. We have experienced both bank defaults and monetary inflation. Any coin can be depreciated, both traditional and crypto currency. The choice is yours.
jenilyn
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June 01, 2018, 01:47:56 PM
 #554

Bitcoin is risky than bank. But in bitcoin you earn and get get profits, while in the bank your money is have a low interest. And for me there is same risk.
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June 01, 2018, 01:50:42 PM
 #555

for even more risky bank investment especially the hyip sites and the unknown info they can close the website to make them just as bitcoin when the bitcoin price drops just hold it for many years to recover you're losing
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June 01, 2018, 01:57:41 PM
 #556

Bitcoin is risky indeed, mainly because it's on an Online wallet and it's open to cyber attacks, but when using a hardware wallet it minimizes the risk, In my country safest places to keep your money is government banks, they have a guarentee, it's a small interest but it's the safest one in here, and there are threasury bills and Bonds, that we can invest short term and long term, they also guarentee our return, it's a bit more interest than savings account.

But the problem in my country is many people put their money in the private sector, Fixed deposits, that pay a 2-3% more than government banks pay, and throught history many times they got scammed by them, and very recently another company went down. So there's that risk getting involve in scams for the difference of few percentage.

but when we use a hardware wallet not only we can minimize the risk, or may be completely safe from it, and also have great profit with market prices.
hardtargetbtc002018
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June 01, 2018, 01:58:16 PM
 #557

for even more risky bank investment especially the hyip sites and the unknown info they can close the website to make them just as bitcoin when the bitcoin price drops just hold it for many years to recover you're losing


I think bitcoin is more risky than bank investment because our money in banks are well protected from hackers and with insurance just incase some people it will be stolen.
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June 01, 2018, 02:07:38 PM
 #558

I think that all are at risk. No investment is not risky because we do not know what will happen in the future. I can only advise you to think about good risk management before plunging in to invest. Think of the strategy that you will take. Whether you will follow long-term investments or short-term investments.If there is an insurance party that offers a guarantee when things go wrong then you should join. This is to minimize the risk to your investment. At least, if something bad happens then you do not suffer a huge loss. But if I am given the freedom to choose then now I prefer bank investment rather than bitcoin. Bitcoin prices are so volatile that I do not want to take risks. If the bank is a small profit but the situation is more stable.
insikko0413
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June 01, 2018, 02:16:19 PM
 #559

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 the most risky is bitcoin because it can be easily hacked its security key  unlike banks which is vey safe and you money is being protected by their computer experts.
damrianto
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June 01, 2018, 02:21:39 PM
 #560

bitcoin and bank investment are both equally at unexpected risk. E-Wallet or digital wallet is a place to store bitcoins with a special code called private key. the code is used to transact using bitcoin. this code is likely to be stolen or known to others.
so the risk that the bank's investment involves the elements of market risk that many occur such as national economic development, interest rate movements in general, and political conditions ...
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