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Author Topic: Invest into Bitcoin or bank  (Read 1733 times)
BitGunner
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July 20, 2018, 11:58:35 AM
 #141


I think that investment in bank is not so profitable and even not so safe compared to the investment made in btc which will increase in price greatly and we will use it as a currency
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nightxglow
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July 20, 2018, 12:01:41 PM
 #142

Why do you need to listen to him? I mean that's your money right? You have the right to choose where or what you want to invest.
If i were you, i would invest in bitcoin of course. With that $2000, i bet you can gain quite lot of profits.
But if you choose to save it in bank instead, i think it will just go waste. Nothing is profitable with saving your money in bank, even if it's some kind of bank investment, not really a good choice. But still, it will be risky to invest in bitcoin. But high risk high gain right?

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CaptainKid
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July 20, 2018, 12:06:38 PM
 #143

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
Your uncle's reaction is normal, since I'm sure that he does not know anything about crypto-currencies and therefore prefers to invest in what he considers to be stable. In any case, it's your money and the choice is yours.
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July 20, 2018, 12:15:07 PM
 #144

If you know a bank that can give at least 30% per year, you can safely forget about bitcoin
BigBos
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July 20, 2018, 12:22:06 PM
 #145

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
Your uncle's reaction is normal, since I'm sure that he does not know anything about crypto-currencies and therefore prefers to invest in what he considers to be stable. In any case, it's your money and the choice is yours.
for now I prefer to focus on bitcoin. I do not really understand about investing in banks, but I think that investing in bitcoin has more profit than investing in banks. only banks may have a very small risk of investing in bitcoins.
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July 20, 2018, 12:33:43 PM
 #146

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
Saving money in the bank does not mean your money will increase in value will not change at all. If you buy bitcoins and store them in your personal wallet, the value will definitely change more than when you buy bitcoin.

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Werden
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July 20, 2018, 12:46:26 PM
 #147

As a Investor I believe in crypto So go with Bitcoin
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July 20, 2018, 12:49:09 PM
 #148

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?



For me, I prefer to invest in bitcoin because in bitcoin the money that you will invest can receive a profit higher than the profit that the bank can give. But it is still your choice if you want to invest in bitcoin or in a bank but for me, I choose bitcoin.

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renz0
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July 20, 2018, 12:52:59 PM
 #149

I prefer investment in bitcoin rather than a bank. Bank transactions take a lot of time when opening an account for investment and in emergency cases, you can't withdraw your money anytime you want. Compared with a bank, investing in bitcoin is hassle-free. All you need is an internet connection and a wallet where you can store your bitcoin and altcoins for investment. And in emergency cases, you can cash it out anytime.
adjong
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July 20, 2018, 12:55:26 PM
 #150

I think I choose to invest in bitcoin over the bank, because bitcoin revenue is bigger than the bank and it's still faster than you can if you run into bitcoin yourself running your investment and you're the hand of time.
bitbunnny
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July 20, 2018, 12:58:44 PM
 #151

This depends on your risk apetite.
If you are willing to take biger risk but also better profit invest in cryptocurrencies, especialy Bitcoin.
If you are more conservative type then bank investments are more for you.
But to get max benefit I would suggest to combine both options.

Christinebeauty
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July 20, 2018, 01:02:33 PM
 #152

This crypto investment is so volatile to guarantee someone of huge profits within the shortest possible time. If there is any lost of money, am sure he wouldn't take it easy with you.

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July 20, 2018, 01:05:44 PM
 #153

If I think personally I prefer to bitcoin, because I think bitcoin is more profitable than if you invest in a bank. But the risks that exist in bitcoin are also high, like the price is up and down and you should be patient if the price of bitcoin has a degradation. But it's all back to you, whether you want to get a high profit but with a high risk or otherwise.
anwar98
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July 20, 2018, 01:12:27 PM
 #154

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
You do not need to convince but prove it if you can get bigger results by investing in bitcoin. It's useless to make sure if your uncle does not see for yourself the results of investing in bitcoin. calm down all need a process. When you later get a lot of results I am sure your uncle will believe.
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July 20, 2018, 01:13:26 PM
 #155

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?


its comparisons in real investment as well as with bitcoin, are quite different even more so in terms of risk. investing in banking will be safer and certainly always benefit from the investment fee. different from investing in bitcoin, bitcoin is so risky but very reliable in terms of profit, depending on the experience must also support. so if you want to invite your family, you should provide basic education first.

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Cryptorianer
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July 20, 2018, 01:16:53 PM
 #156

If you are planning to invest longterm Bitcoin should be your first choice. BUT if you need the money and you have to get access anytime soon the bank would be the better .. place to go.
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July 20, 2018, 01:18:47 PM
 #157

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?

Your uncle is an old dude that probably doesn't even know what crypto is. If I had 2k I would instantly invest 1k in BTC, 0.5k in ETH and 0.5k on 5 random coins.
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July 20, 2018, 01:21:20 PM
 #158

If you want higher returns on your investment, you should invest in bitcoin in a long term basis but take note of its risk. I think its best if you invest in both bitcoin and banks.
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July 20, 2018, 01:21:34 PM
 #159

Bitcoin give you many opportunity to earn huge profit so, I invest in bitcoin & nowadays it is great opportunity to invest in bitcoin

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July 20, 2018, 01:26:14 PM
 #160

Actually quite difficult between choosing to invest between bitcoin and bank. In investing bitcoin there may be a high risk one of which is the ups and downs of prices, while there is no such term. To invest in the bank and dibitcoin I think depends on ourselves, if we are ready for high risk but profitable maybe we can choose bitcoin, but if we are not ready with the risk we better choose the bank.
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