I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT

[gasparyu]

That can be good ofcourse as it can give a big profit throught time. It's also a big risk as it is a big chunk of money. A better thing you would have done was split it 50/50 as in the bank there is a guarantee of interest. with that said you'll get profit from the bank, and if value of bitcoin skyrocket, get a bigger profit. It will e a win-win.

[Mister1k]

For me it depends on the person on where to invest your money for as long as you know how to handle risk that is fine but if you are not ready to take risk thats a different story. But personally i will not put all that $20,000 in bitcoin investment I would rather keep it and find other sources to earn those bitcoin and other crypto currencies.

I will put 20k USD on bitcoin without any fear because whatever happened your fund will be there same value in bitcoin until you make the transaction to someone. Please check the bank they use your fund for market shares and they may give the interest for your fund but you will not be able to take the all fund at the same time. But here on bitcoin you can whatever you want. There others will have control on your account but on your bitcoin wallet no will not have the access to it.

[hitrawal91]

There are many reasons you will get to know for choosing the bitcoin investment than the bank investment and one of the major reasons is that bitcoin investment will give you better and excellent returns in compared to Bank investment and that too in the shorter time frame and due to this reason i am here in the cryptocurrency investment. But you need to master the art of trading skills so that you can get the best out of the trading capital investment.

[Betty10]

Bank investment is for people that play according to the rule, they want guarantee and protection from the government that encourage capitalist to defraud the public. I love these guys, they feel safe but do not think about the changing times in respect to the value of ROI. But bitcoin investment is for the strong hearts, because of the volatility not everyone will be able to withstand a market of uncertainty been constantly attacked by the mainstream to deter weak hands. What ever happens in bitcoin investment, non-greedy investors will always smile and have more purchasing power than the bank investors.

[Coffee135]

Probably to abandon Bank deposits very early. What to do for those who now have deposits only in cryptocurrency? They are forced to sell their coins at low prices in order to meet their daily needs. Whales need that. At such moments we have to keep the coins and spend only Fiat.

[SAYDAKHMETOV]

Investing in bitcoin is much more profitable than investing in banks. Because the bank still puts a fixed profit. And in bitcoins, profits can be unlimited.

[iranman]

In the long run, your uncle can earn very well, the main thing is that his patience withstood. Growth is inevitable. The question is only when? Let's hope that both my uncle and I with our guys will be dollar millionaires! Alleluia

[Ahimoth]

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    

Think wisely and properly because we know that bitcoin is dangerous so keep your money safe im not saying that im against im just that afraid to lose money online

Well I'm so proud of you that you made a tough decision and now I'm looking forward that it will be worth it. You made a good choice and the other way around is also good. It's just a matter on how are you going to maximize it. I hope that you will be successful in this system and your choice will go in your favor.

[AliMan]

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    

Think wisely and properly because we know that bitcoin is dangerous so keep your money safe im not saying that im against im just that afraid to lose money online

Well any of the two system is a good choice and I'm just so proud of you that you made a tough decision. That's not an easy thing to do so this time I will be hoping that your decision will lead you into a successful life. Whatever the result may be then just live with it. Bitcoin is a great choice and I hope you will be happy into here.

[tutorroma]

You should tell your uncle the risk of the encrypt market, because the market trend is not clear now, you want to let him know that the profit of the goods in the encrypt investment needs to wait.

[StImelda]

It is true that bitcoin or cryptos in general carry significant risk, one cannot also ignore the unique potentials of btc as an asset class.If the predictions of 50k by the close of the year is correct,then making 300-1000 percent is something that will happen for all investors in btc this yeat

[bitterdog]

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    

Both of banks and bitcoin is a good choice for investment. And both of them also have sam big risk for investment. Im glad of you choose bitcoin over the banks because it can increasing the number of people that trust bitcoin. Good luck for the investment!

[marlonbatotoy]

Me too i choose bitcoin.. But in you situation dont ever get someone money to invest in bitcoin try to invest your own money so no one can judge you and get angry if bitcoin goes down. by the way happy to know that your uncle is easy to him to understand the crypto world..

[1020kingz]

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    

Knowing that it is not your actual money investing in bitcoin, you made a bad decision man. If i were you i will suggest my auncle to split his investment, because what if the market won’t recover? Or what if it continues to go down? As what you have known in crypto, nothing is stable and everything is volatile and will always fluctuate. You will take all the blame when everthing go wrong with the investment. Splitting it into two giving him assurance with his money and what ever happens his money is safe on the other side of investment in the bank.

[mockcooleat]

Bank investment and crypto/bitcoin investment both have their own risks. I would say maybe the reason why you prefer investing on bitcoin is how fast the ROI can be, unlike bank that percentage and returns are very slow bitcoin can change and have it's profit for investor in just a snap. For us it is very pleasing and very powerful on pulling investor. We want instant profit in short and that is what bitcoin have in it's nature. Just as how fast tech and innovation changes bitcoin can keep up with it's phase I would say.

[Ridwan Fauzi]

You've made a mistake.

If what you say is true, and the bank can guarantee a 10% ROI, then you should have put at least 80% in there, and only 20% in to Bitcoin. Preferably you should have looked in to other fields as well, such as savings bonds or stocks and shares. Diversity is key.

With the OP's confidence, I'm not sure he was made a mistake. He already knows the risk of investing in cryptocurrency but he remains confident that cryptocurrency will benefit his investment. Profit will always meet for someone who always take risks, there is no one who make wealth with little risk and instant wealth will only be obtained from the inheritance.

[Capradina]

I think what you are doing is a very good idea and the right decision to invest your uncle's money into Bitcoin.
Bitcoin is more profitable for long-term investments.
When everyone receives Bitcoin I think you and your uncle will benefit.

[Captain Sneeze]

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    

Yes me too i would choose bitcoin investment that bank investment because investment in bitcoin  it proved quite profitable for me. but take in consideration that banks are safe and you will never lose money in there, and bitcoin as an investment is very risky.

[94K]

You have really done a great job. What I love is the explanation given to your uncle on the pros and cons with regards to btc and its security amd risks in it. He can win and at the same time loose too. Nevertheless the probability of wining is very high. Nice suggestion and a bold step taken.

[marlo1001]

Anyway in another hand I can say that bank investing is 100% secure, and you can always know that you have a guarantee of returning your money back, crypto is not the same. You can eventually just lose everything that you invested here.