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Author Topic: Which do you prefer, bank or crypto?  (Read 3864 times)
conected
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September 29, 2018, 01:54:26 PM
 #401

If I only want to store my money, I would like to use the bank service, it safe and no FUD, but if I want to make an investment or earn my profit, it sure to invest in the crypto market better than the stock market.
- Well, both options have different features and utility services, we should use both, instead of trying to remove one of them. With the bank, its purpose is to secure our money and it is also the money that helps us in emergencies, but in return, it is not suitable for investment when interest rates are very low, a wise investor never chooses this place to invest. With investment and make money, exactly as you say, crypto is more suitable when this market always has the mountains of money, our mission is to exploit but be careful when this mountain can collapse at any time


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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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September 29, 2018, 01:57:42 PM
 #402

I personally have the idea that if my money is held in one place, the potential for loss will be greater, so I personally keep the funds held in several places whose purpose is as an investment.
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September 29, 2018, 02:02:11 PM
 #403

I personally have the idea that if my money is held in one place, the potential for loss will be greater, so I personally keep the funds held in several places whose purpose is as an investment.
You're right, it's to risky to put in a one place because it can lead us to loss , this technology is unacceptable with governments in where the prices is unstable .Bank was supported and have a stable price so my thought is to prefer my money to put in a bank and crypto is for my investment.
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September 29, 2018, 02:05:52 PM
 #404

Ofcourse cryptos. Although there are risk in cryptos unlike in banks, crypto would be a good choice because it is more profit oriented. The rate of increase on the market value of most cryptos. tempts many people to do invest and engage into cryptoindustry. Banks are indeed giving security to the wealth of people but still keep in mind that consistency exist in banks and the chance of having profit while storing is way lower than in cryptos.
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September 29, 2018, 02:06:50 PM
 #405

i would have to say bank for now, but only because i cannot fully use my cryptocurrencies on my needs. but i am doing my part to have the possibility to use crypto in every scope of life
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September 29, 2018, 02:09:32 PM
 #406

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

Before I learned about crypto, I usually put all my savings in the bank. However, when I learned about it, I started saving my money to buy crypto currency. I was able to save and earn at the same time. It is also more convenient to transfer funds through the block chain technology than banks.
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September 29, 2018, 02:19:44 PM
 #407

To be honest, I prefer to keep my money in the bank because I think the bank is safer than Crypto, Crypto has a high risk and I can lose my money in Crypto, but for investment I prefer it in Crypto because it has a higher profit
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September 29, 2018, 02:20:39 PM
 #408

crypto all the way- so much faster and easier
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September 29, 2018, 02:26:42 PM
 #409

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
for storing, I prefer to store it on banks, but if I want to earn money from my own money, I should choose crypto, I can hold any kind of crypto I like to hold for long term, its the best choice only if you want to earn a profit.

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September 29, 2018, 02:41:04 PM
 #410

Bank deposit will give you is stable but very low income that will be burned by inflation. So it's useless for the aim to be rich. 

The investment to the token could bring you a fortune if you choose the right company. For example, KamaGames has running its token sale now. This company was founded in 2010, has revenue $57M per year and 100M of payable users. Know more: https://bitcointalk.org/index.php?topic=4886322.msg44016466#msg44016466
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September 29, 2018, 03:23:20 PM
 #411

I think the European bank, this is a good choice, but not everyone has the opportunity to have an account in the bank .. A crypto currency, gives us more opportunities in this regard ..
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September 29, 2018, 03:28:08 PM
 #412

At the moment i prefer crypto. Banks are just too expensive for the service they offer. We should not forget, we had the last major financial crisis because of the banks.  Shocked

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September 29, 2018, 03:37:23 PM
 #413

To keep my property safe I will go for a bank but if you want to earn money and make it work than you can choose the cryptocurrency.
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September 29, 2018, 03:38:37 PM
 #414

I prefer crypto, I was refused three times when I applied for a credit card at the bank and it made me hurt, so I would rather save money on an exchanger

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September 29, 2018, 03:39:32 PM
 #415

I personally own more money in crypto than in the bank so I trust more in cryptocurrencies because when you have Ledger Nano your money is more secure than in the bank.

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September 29, 2018, 03:47:42 PM
 #416

bank and crypto have very different functions, because the Bank function is a place to save money so that our money is safe and for future savings, but crypto is where we invest our money to make our money grow very much in the future, with that function I must prefer crypto, because crypto is more profitable than bank.

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September 29, 2018, 03:50:07 PM
 #417

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

Prefer for investment is really depends on the needs of investors because if the investors want to safe keep only their money I must suggest to deposit on the banks because their money is safe and protected by bank insurance so we don't need to worry but if the investors are looking of a good profit in a short span of time I suggest to invest it on crypto currency because we have a chance of earning big amount of money in a short period of time but we need to be careful because we might also losing too much of our capital if we choose a weak crypto coin to invest.

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September 29, 2018, 05:12:40 PM
 #418

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I've been doing crypto for over a year. Honestly, I would have trusted the bank more than a digital wallet. In the bank, my funds have never been stolen, but the money was stolen from the MEW!
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September 29, 2018, 05:14:33 PM
 #419

I prefer to store the money and to increase greatly in cryptocurrency. I understand that it is very dangerous and every day I can lose everything, but it seems to me that the result is worth it.

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September 29, 2018, 05:20:36 PM
 #420

I prefer crypto. Because I do not trust the banks. I love when everything is transparent and you can see what and when you went. Crypto currency is so popular that all transactions are open.
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