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Author Topic: Which is more risky? Bitcoin or bank investment?  (Read 5975 times)
ansarose1
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June 23, 2018, 10:42:22 AM
 #1701

In my own idea, the more risky is the investment in bank, because if the bank will be down or the so called bank holliday or also known as bank bankrupt, there is a possibillity and a chance with this to happen, so risky.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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dilshanfernando
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June 23, 2018, 10:49:55 AM
 #1702

as you said it is dangerous all distinction when we put resources into other than bitcoin we can not have control of our store and we can not pull back our cash or take exactly what we require whenever while in bitcoin it's dependent upon us and we can offer it whenever and whenever except if we contribute/join the ICO
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June 23, 2018, 10:56:09 AM
 #1703

The investment with banks are no better. They decide the share of profits to give out to investors. Normally the investments that they term as low risk does not have any significant interest rate.
Bitcoin investment is though risky but it is know to attract a lot interest especially when the investment is done for longterm.
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June 23, 2018, 11:01:00 AM
 #1704

Bitcoin investments definitely more risky than bank investments. But for more risk you get higher gains back.
keziakusayang
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June 23, 2018, 11:01:08 AM
 #1705

true, and also the level of investment risk on bitcoin in proportion to the profit we will get is different from the investment in the small risk level bank as well as the profits.
HukoJla
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June 23, 2018, 11:02:36 AM
 #1706

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 23, 2018, 11:03:03 AM
 #1707

to other countries I don't know about them that bank investment gets too shortly amount but bitcoin can be rich. and Bank investment monthly get some profit to us but bitcoin more benefit to us as well
DennisFx
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June 23, 2018, 11:06:48 AM
 #1708

What is a bank that offers so big gain 100% wow? In your situation, it seems like a cheating and because more preferred to invest in bitcoin. There is at least you have control your money
jaaeeeyyyy
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June 23, 2018, 11:10:44 AM
 #1709

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?
When it comes to the amount of posing risks, there is no doubt that bitcoin investment is the one with the most amount of risks. It even seems like the industry thrives in the amount of risks and it would die without it. On the other hand, there is risk in bank investment but it is considerably lower than bitcoin. And the presence of transparency makes it even more secure of being a storage of your wealth rather than an investment.
Lorna111
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June 23, 2018, 11:16:31 AM
 #1710

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

In every investment have same degree of risk factors involved, although, Banking investment is different kind of investment, they just make  a suggestion which investment, 100% risk, 75% risk etc.etc. then come the processing fees, charges, and the transparency issue is a bit unclear, simply because you would not now what happened to your investment during the day, they send only updates but you can not do anything if the said investment is fixed for certain period of time. Not like in Bitcoin investment 24/7 you are updated of the actual occurrence in the trading market.
equal2detask123
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June 23, 2018, 11:21:00 AM
 #1711


when it comes to money or  a large capital for investment bitcoin or bank investment its all risky anything that money involve and also every investment are risky any kind of investment is that
Antonina
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June 23, 2018, 11:36:43 AM
 #1712

Yes, bitkoyn is much more risky than banking investments, but it's worth it, because banking investments will not bring you anything like bitkoyn. so I would say that risk is what you need
samcun
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June 23, 2018, 11:47:54 AM
 #1713

the more risky is bitcoin but it all depends on each of us. You will not know what happens to your bitcoin investment because there is no clarity about how many percent of your investment is, whereas in your bank you already know how much the investment return in a year (already set) by the bank.

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June 23, 2018, 01:50:15 PM
 #1714

what you call looks like a casino. any chance you can turn down the service? It seems to me it is obviously unprofitable, and is intended for not very competent citizens. If you want to earn - cryptocurrency is a good tool
nguyenhoven
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June 23, 2018, 01:58:54 PM
 #1715

to other countries I don't know about them that bank investment gets too shortly amount but bitcoin can be rich. and Bank investment monthly get some profit to us but bitcoin more benefit to us as well


with bitcoin investments, you hold your own money. If you're using bank to invest, only one getting the profits is the bank, not the person who is using his own money there

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June 23, 2018, 02:00:12 PM
 #1716

Bitcoin is more risky.. It is not well protected .. If you are going to invest always think twice..
beliomir
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June 23, 2018, 02:51:12 PM
 #1717

I have not seen a bank that offers 100% a scam, bitcoin can give a lot but a very risky asset, imagine if you bought bitcoin in January, then you would have consumed 60% of your investment

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June 23, 2018, 02:53:37 PM
 #1718

Situation of banks is also not good in some countries, they are being supported with government money. People are using crypto for money transfer and banks are loosing business.
kukurikapu
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June 23, 2018, 02:55:30 PM
 #1719

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 much mlre risky than investing in banks. Bitcoin can give us much more earnings but banks are well developed and maintained. So i think it is safer to invest in banks.
excessbit
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June 23, 2018, 03:17:21 PM
 #1720

There's nothing as good as you being in charge of your hard-earned money (fiat or crypto). Imagine that someone will sit in the comfort of their closet watching you do all the hard work to earn money and at the end give it to them to invest in something you practically know nothing about. An investment which you are going to get peanut from all in the name of banking. To me, this is complete bullshit. For me, it's crypto all the way! Work hard, earn big and keep your earnings! Only crypto can allow you do this. Crypto is the future!
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