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Author Topic: Invest into Bitcoin or bank  (Read 1814 times)
memecoin
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July 23, 2018, 09:00:19 AM
 #521

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?
Before you invest in Bitcoin, you need to understand the crypto market. I think you should deposit your money into the bank and then explore the knowledge of the crypto market. If you have the knowledge, you can invest in Bitcoin

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Megazord
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July 23, 2018, 09:03:55 AM
 #522

Certainly bitcoin, no bank will give you such fast and impressive devicants as Bitcoin
aryani
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July 23, 2018, 09:11:17 AM
 #523

Your uncle has more experience in life than you do, and he knows better which one is best to secure his money. So you should follow what your uncle wants and do not follow your emotional thoughts that might hurt you. Because bitcoin investment is very risky although it looks promising big enough profit, whereas when you put your money in bank indeed the profit is very small but you will avoid the risk of either loss or loss when the theft occurred.
Nikola95
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July 23, 2018, 09:39:29 AM
 #524

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?

It's your choice. Anyway, you should know what are you doing, whatever the choice is. I would probably invest that money in BTC now. It's not big amount, and it is good time to invest in BTC.

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taxli
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July 23, 2018, 10:20:47 AM
 #525

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?
I would say that you can show him an example of a successful bitcoin investing from among other people, and maybe this will convince him that bitcoin is worth it to invest in it.
Korkorjkk
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July 23, 2018, 10:30:28 AM
 #526

It is quiet difficult to explain how digital currency works to adults. But I think you can strike a deal with him and divide the money you have into two. Invest half in the bank and the rest in bitcoin. Then after a year, check the intrest that both recieved then compare and choose which one givea higher returns.

pictsidhe
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July 23, 2018, 10:40:08 AM
 #527

I prefer to invest in bitcoin. Invest into bitcoin is the most appropriate choice. If you want to earn a lot you need to be risk takers so I rather invest in Bitcoin because of the high returns  rather than on the bank  that give a small interest and have a tax as will.
Otsu
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July 23, 2018, 10:41:41 AM
 #528

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?

It's your choice. Anyway, you should know what are you doing, whatever the choice is. I would probably invest that money in BTC now. It's not big amount, and it is good time to invest in BTC.

Yes. Now is the right time to invest in bitcoin as the price is still in the 6k USD level. And I also agree that it's a good moved to invest here rather in banks because the profit can we obtain is much low and too long to gained. While in bitcoin it can gained easily and immediately.
Mr.grin
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July 23, 2018, 10:45:27 AM
 #529

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?

It's your choice. Anyway, you should know what are you doing, whatever the choice is. I would probably invest that money in BTC now. It's not big amount, and it is good time to invest in BTC.

Yes. Now is the right time to invest in bitcoin as the price is still in the 6k USD level. And I also agree that it's a good moved to invest here rather in banks because the profit can we obtain is much low and too long to gained. While in bitcoin it can gained easily and immediately.
for crypto users most likely they choose to invest in bitcoins. Well, most of us are people who are ready to take risks for big profit. I am sure, some people here spend their money from the bank to invest in bitcoin.
Cowming88
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July 23, 2018, 10:49:11 AM
 #530

I choose to invest on bitcoin than bank, you know why? because i believe that there are more future on bitcoin than at the bank in terms of investment. Bitcoin is not waiting you for so long to earn profit compare to bank that even too long of holding it is not giving you a big profit.
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