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Author Topic: Which is more risky? Bitcoin or bank investment?  (Read 5978 times)
janhllr
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June 06, 2018, 02:34:23 AM
 #861

personally, I think investing in bitcoin is much more risky than bank but the benefit it brings is extremely huge.
JPS2K5
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June 06, 2018, 02:53:33 AM
 #862

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?

My opinion is that bitcoin is more risky than bank investments. I am not seeing any banks scamming you and your money invested. Because they are banks and banks are reputable in each different countries and these banks indeed have government agencies governing to them for proper implementation of policies.
Bitcoin is more risky of its volatility in its price. One of its factor of the price changes is the demand and supply law. Many have loss their money, pawned their belongings just to invest in bitcoin and then bankrupt. What must be done is in investing, one must be studying and be knowledgeable with it before entering and risking.

gogrowglow
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June 06, 2018, 02:56:52 AM
 #863

Bank and Bitcoin investment are both risky but they are different in so many ways, as enumerated below:

1.  Banks deduct taxes from our investments.
2.  Banks have fixed percent interest for  our money invested to them.
3.  Banks have so many documents to be signed, processed, complied and etc., which is good because it is
     documented but will add works for the investors.
4.  Banks can be bankrupt, it cannot be avoided if the situation calls for it.
5.  Banks reinvest our money to have profit from it  more than what they give us back for our investment.

BITCOIN:.

1.  Bitcoin price is volatile.
2.  Bitcoin is decentralized, no one solid you can account to.


Between the two I choose BITCOIN,  it has more advantage than Banks.  In Bitcoin your earnings are not limited,  you can earn a lot of money as long as you know all the ways of Bitcoin.  Government cannot taxed your income because cryptocurrency exist only in the internet and because Bitcoin  is using Blockchain technology, government have no way of tracing your transactions and income gained from Bitcoin.  Even if it is risky I will always like Bitcoin,  it can give me the financial freedom I am dreaming of.
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June 06, 2018, 03:23:10 AM
 #864

In my opinion bank investment small risky,but bank investment do not make profit.but bitcoin investment make huge profit.The bank investment will reduce your money.but bitcoin investment increased money your future.
In the investment of course the law of causal effect, the higher the level of risk the higher the rate of profit, and vice versa, banks are the type of investment that is low risk then do not ever expect to get big profits and for me bitcoin is more fun.


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imsotiredofmoviereboots
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June 06, 2018, 06:11:57 AM
 #865

Bitcoin is very risky for short term investors but profitable if they are for the long term. While banks is very different because they are safe and give customer protection but only gives you a very small interest.
Naughty Princess
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June 06, 2018, 06:18:05 AM
 #866

In my opinion bank investment small risky,but bank investment do not make profit.but bitcoin investment make huge profit.The bank investment will reduce your money.but bitcoin investment increased money your future.
Bank investment is more safe even though you get small profit but sure to get it and you can able to borrow from them when you want to add some money to invest in the real state. Bitcoin investment is more profitable but has very high risk because the price is unstable which you cannot predict when and how much you need to increase in its price to have huge profit.

ashkanm
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June 06, 2018, 06:39:04 AM
 #867

In fact, we all know that investing in a bitcoin is more risky than depositing money into a bank, but it's worth it, because bank investments will earn you nothing 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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June 06, 2018, 06:57:32 AM
 #868

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?



Obviously Bitcoin is more risky than Bank because Bank  if they are going to bankruptcy all supplements document and Quo lateral are actually support in case of of that circumstances and covered by the court so all their assets are willing to back up of funds to client while bitcoin have nothing to do if all out wallet is Hacked by Hacker even if there is supplemental documents printed from your own ledger but Bitcoin doesn't refund if this will be happen to us. but in terms of getting profit obviously Bitcoin is the best and very reliable.     
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June 06, 2018, 07:07:10 AM
 #869

We all know when it comes to internet you need to take a risk, bitcoin is digital currency and digital currency is vulnerable to phishers and hackers. So, bitcoin is the more risky. One of the things to consider are the scammers, I don't think that there are scammers on legit bank investments.

julielyn
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June 06, 2018, 07:14:18 AM
 #870

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


It's right that you're more risky to invest in bitcoin than the bank is hard if you invest in bitcoin if you hack your account but when you secure your private key on bitcoin it will work if bitcoin you invest in the profit will earn you're in bitcoin but in the bank it's safe to have your money bankrupting the bank that you're investing no money for me in that I'm going to invest in bitcoin to much risky but there is a destination where your money goes.
Baby Dragon
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June 06, 2018, 07:16:50 AM
 #871

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 don't care if bitcoin more risk in investing than bank investing cause in bitcoin you earn more profit than bank. In bank investment per annum before you earn interest in your investment in very low profit but in bitcoin even have risk your investment will be grow in high profitable income in short or long term investment in bitcoin.

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Hopeful2017
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June 06, 2018, 07:21:19 AM
 #872

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?

All investments have risks. However, in terms of bank and bitcoin investment, Bank Investment has more risks because they are going to control you investment and will give you interest according to the exchange of that particular time or day. Bitcoin has lesser risks because as you said, you can control your investment and be able to see the progress of it.

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June 06, 2018, 07:24:09 AM
 #873

Bitcoin is obviously more risky by a long shot. I know from personal experience and also have investments in IRA's, mutual funds, bonds, and stocks. Bitcoin can either offer extreme reward or loss. Btc is a fun risk though.
Ayasena
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June 06, 2018, 07:26:05 AM
 #874

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.
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June 06, 2018, 07:27:13 AM
 #875

About risk, it is riskier to invest in Bitcoin than it is in banks. Actually, if we think about it, it is almost risk free when we invest in banks. But when it comes to ROI, we definitely earn much more with Bitcoin or with other cryptocurrencies compared to banks. Banks only give a very very small interest on our investments. Which is why they are the ones who are getting rich, not the investors. Unlike with crypto, it's usually the other way around
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June 06, 2018, 07:27:35 AM
 #876

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?

or bank investment, it's harder to spend money on a bitcoin just as long as the bitcoin holds you up when it can increase sales.

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June 06, 2018, 07:28:23 AM
 #877

Both investments have certain risk and you can't count on security but to my opinion Bitcoin is still more risky. The reason for that is high volatility and lack of regulation which often leaves you unprotected in case of some issues.
But no matter to that it's always wise to diversify investments so I suggest to take both Bitcoin and some stock exchange pick, that will distribute and mitigate the risk in certain level.

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June 06, 2018, 07:29:10 AM
 #878

investing in bitcoin is more risky, but if lucky, I think it can be very profitable for you. Investing in a bank may be safe and does not have big risks because when you invest in your money bank it will be guaranteed and will not lose.
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June 06, 2018, 07:30:36 AM
 #879

Obviously Bitcoin is more at risk, although it has a number of advantages over the "conventional" currency, Bitcoin is not without risk. There are some threats that lurk these virtual money users. One of them deals with storage issues
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June 06, 2018, 07:38:26 AM
 #880

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?
Speaking of risky. The bitcoin is the riskiest investment that I know so far because of the unstable and unpredictable of the value.  Investing in the bank without fear In the bank, you are sure you can get a 2.5% interest on that. No risk but the benefits that you can get is not enough. On the others hand. Bitcoin you can earn double or triple, but the problem is the risk. Risky is one will pay you in the future.
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