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anamie
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June 23, 2018, 03:20:45 PM |
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Investing in bitcoin is much more risky than investing in bank, bitcoin is very volatile and easy to manipulate by media, even though bitcoin can generate big profits than banks it is still risky and dangerous specially to those newbie in this kind of currency.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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bitllionaire
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Activity: 1120
Merit: 1000
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June 23, 2018, 03:36:01 PM |
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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?
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. I think there isn't any comparison between bitcoin and banking system, specially in current time when most of the people are using bitcoin bitcoin for investment purpose only. I think that bitcoin can be consider as more risky, because there is always risk involve in every kind of investment and trading. While investment in banks can be consider as more safe because they only give you interest on your money while your money remain safe. |
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NeilLostBitCoin
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June 23, 2018, 03:40:14 PM |
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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?
You cannot compare bitcoin on banking in terms of risk, why? bitcoin is far more riskier than bank , where in fact bank is the safest place for money . The rule in investment is the higher the risk, the higher the return , so the reason why bank has the lowest interest rate , out of all investment is because it is also the least risky of all types of investment , while bitcoin might fluctuates in no time but it can generate a high profit because of the risk that it has. So bitcoin is riskier than bank . |
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gvnsrbtc
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June 23, 2018, 04:03:27 PM |
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Of course Bitcoin investment is more dangerous than bank investment. Because the bank has existed for a long time and is protected by the government. But if I want to make more money then I will choose Bitcoin investment. There are too many risks about bitcoin. You must be very careful. You can lose everything you have with one click.
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shadowduck
Full Member
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Oikos.cash | Decentralized Finance on Tron
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June 23, 2018, 08:42:14 PM |
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On the one hand you are right, in this respect bitcoin really looks more attractive, because everything depends solely on your actions! But if you do not have absolutely any skills and knowledge in the trade, then most likely you will lose your money! If you are investing in a bank, then in part you can be sure that professionals will manage this money, but they can earn more than 100 percent!
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shamc
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June 23, 2018, 09:10:56 PM |
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The only reason banks are not as risky as bitcoin is because it is such a slow investment. The interest rates will not make you rich unless you are already wealthy. Bitcoin is the one you need to focus on, but it comes at a risk
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Deewhy50
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June 23, 2018, 09:16:56 PM |
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Bitcoin is more risky than Banking and that is why people are more curious when it comes to market falling .
But as i can see bitcoin is more profitable than Banking. Bitcoin it investing while Banking is saving money
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wewe123
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🚀🚀 ATHERO.IO 🚀🚀
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June 23, 2018, 09:35:04 PM |
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Bitcoin is more risky than Banking and that is why people are more curious when it comes to market falling .
But as i can see bitcoin is more profitable than Banking. Bitcoin it investing while Banking is saving money
There are reasons and disadvantage and advantage between this two investments in banking there is less risk because you have bankbook or documents to see , this investment have a little gain compare to cryptos for the lenght of time, but in bitcoin it is more risky to invest because it is digital, once your account will be hacked then in is gone ,but the factor bitcoin is better is the profits ,it will gain much compare to bank especiallyif you are in a good timing of buy and sell. |
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Nakedbitcoin
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June 23, 2018, 09:59:19 PM |
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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?
Yeah.. you are right actually I prefer to invest my money in bitcoin than to the bank.because in bitcoin we can gain more profits because bitcoin is volatile we can buy bitcoin in a very low prices and sell it when the price is high and we are free to decide what will we do to our investment, we are the boss. Unlike the bank they demand you to invest your money in big amount of capital and in return to you will recieved a small amount of profits. |
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Tambu
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June 23, 2018, 10:02:11 PM |
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Bitcoin is more risky but the return of of investment is high. Invest only in BTC the money that you can afford to lose. Investment in bank is a conservative kind of unvestment. The risk is too low.
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PMmesexycoins
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Stake's discord https://discord.gg/cZhK9vp
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June 23, 2018, 10:07:35 PM |
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Everything in life carries risk. Usually anything can pay higher profits has proportionally higher risk, at least for the majority, and not those few lucky ones that might have gotten in at no, or close-to, no cost.
This I might say, but it seems I just don't learn. Rather, I'd just recommend to always try to work on having options for what income goes, for those times things don't work out with one or the other. It is rough.
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yuukireit
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June 23, 2018, 11:02:54 PM |
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still bitcoin is much riskier then bank investment but the risk is more pay off then bank investment because we can get a huge jackpot if can handle our losess
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kitwalker
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June 24, 2018, 10:24:31 AM |
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BTC more risky with opportunity to have more increase.
Banks percents very low in compare crypto but have less risks
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Dark_raven007
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June 24, 2018, 10:37:17 AM |
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I prefer not to mess with banks. I saw quite a few acquaintances who were burned in them. Therefore at the moment the best investment I see BTC. Although there are risks too.
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bjmpoker001
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June 24, 2018, 01:39:15 PM |
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from my honest opinion, the more risky is of course bitcoin. Bank investment is not too risky. You cannot lose your money when you put it on the bank,
unless the bank is bankrupt. But in crypto, you can lose your money if you buy crypto with a high price because its price may falling after you buy.
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florapez777
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June 24, 2018, 01:41:22 PM |
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Newer trusted banks. I think stocks would be something to look after cryptocurrency. I use to trade on stocks, but it requires a lot of money. Cryptocurrency, especially alts, is penny trades as we call them compare to some stocks.
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Ems30
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June 24, 2018, 02:02:04 PM |
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saving bank or invest in cryptocurrency are both is risk but ,invest the bank is minimal risk compared to bitcoin investment,due to the volatile price of bitcoin are also unpredictable ,so that if would you like to invest still be wise before you start.
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Nachoo
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June 24, 2018, 02:19:30 PM |
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With bitcoin you're on your own, you need to study everyday, ok there are communities like this, but you're still on your own.
In bank investment you're followed by a personal advisor that will help you understanding everything you ask
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ronnis.gomes
Jr. Member
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June 24, 2018, 02:22:43 PM |
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Even with all the insecurity that exists in the world of banks, investments in banks are infinitely safer than investments in cryptos. There is no form of insurance against loss of money or regulatory agencies that can help in the crypto market.
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Rustandy
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June 24, 2018, 02:29:01 PM |
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The risk is so high, Bitcoin is not a means of payment or an instrument of investment Bitcoin has no basis. Very vulnerable could be an instrument for financing terrorism and creating a bubble, Bitcoin as digital money has its flaws, among others lacking a regulator and no clear rules. Bitcoin has only a virtual currency algorithm. Then Bitcoin also does not have best practice and international standards to ensure the security and efficiency of the organization. Bitcoin also does not have a central entity as the subject of arrangement, there is no party responsible. Bitcoin price is determined by the market depending on supply and demand. Then there is no consumer protection.
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