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Author Topic: Which do you prefer, bank or crypto?  (Read 3864 times)
vicvicto17
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September 21, 2018, 05:03:28 PM
 #61

I think bank is the better option you can save your funds in bank but you got profit from cryptocurrency.
Please Read and understand the whole situation of money, Economics and other business industry.
You know why? COz they loving the blockchain technology and they are here to stay and willing
to adopt blockchain. So i prefer Crypto as one of the best investment asset in the whole world
I wouldn't save money on banks because most of them are scammers.
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September 21, 2018, 05:05:06 PM
 #62

Banks are stable if they trust their capital, but the crypto currency is not very stable if you invest in coins. But this has its advantages. In the bank you will receive a small interest rate for a year and earn a pittance and investing in crypto the same amount you can increase it by dozens of times. But it is rarified and risk loves strong people.
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September 21, 2018, 05:08:09 PM
 #63

I would still go to the bank because the crypto is still not accepted to the country yet and also on bank i can make sure about the profits of it and also it is gaurded all the time and i can sure it is safe
everyone is sure if they want to save their money prefer at the bank and if the investment certainly chooses in crypto. both are very good to rely on, if you experience theft it's your own fault.

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September 21, 2018, 06:16:28 PM
 #64

For savings, bank.. For investment, Crypto
Impulseboy
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September 21, 2018, 06:19:39 PM
 #65

I choose both, because banks is what we currently have right now. Even though I find cryptocurrency to be far superior than the traditional banking system, many people still prefer it over bitcoin just because it has been around for centuries. Hopefully, that will change in a few years once more people get into cryptocurrency.
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September 21, 2018, 06:35:23 PM
 #66

If you are only concerned about the safety and security of your account then i think a bank account is way more secure if we compare to online crypto currency wallet but i hope it will change and we will get hack proof crypto wallets soon.

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September 21, 2018, 08:28:58 PM
 #67

Money in the Bank will be more secure than money in the wallets of cryptocurrency lovers. But still, I will choose cryptocurrencies in the long term.
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September 21, 2018, 08:30:12 PM
 #68

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?
there i sno?preference in so different sphere and i actually do not care about the war betweeN them i need both of thwse system
anisoptera
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September 22, 2018, 10:08:27 AM
 #69

At this time, from my personal experience, the bank system is much safer. If you have some fraudulent activity in your bank account or your money has got stolen, - inform the bank within the first two days and you get your money back. Banks can reverse any transaction within certain time. If your crypto will get stolen, there's no possibility to reverse the transaction nor identify the thief.

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September 22, 2018, 10:12:03 AM
 #70

Of course I like banks, saving my money in a bank will be much safer than in Crypto. to save I save my money in the bank, and I also save some of my money and invest in crypto. that means, I just didn't take the whole risk to put all my money in crypto, but I didn't leave Crypto because I would still have crypto assets for me to hold for a long period of time.
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September 22, 2018, 10:15:22 AM
Last edit: September 22, 2018, 12:28:31 PM by automail
 #71

I like crypto but I would ld still prefer banks. When something goes bad, banks can be held liable dependedng on the issue or case. For crypto, no one is responsible if it goes bad. There are no laws and investing can be risky because of scam ICO's. Also, crypto doesn't have ATM or ways to withdraw money using a card. I might consider choosing crypto if they had it already. I think it is unfair for crypto to be compared to banks that was established a long time ago. Maybe after 10 years the two of them are worth comparing.

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September 22, 2018, 10:22:18 AM
 #72

if the storage is a bank, if the capital increase, then everything is simply crypto
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September 22, 2018, 10:50:00 AM
 #73

At this stage, I trust banks more. At least I am more confident in the safety of my money and that in a week or a month I will not be able to lose 30-100% of my capital. But I do not rule out that soon I will change my mind.
Arlibtchunt2018
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September 22, 2018, 10:55:46 AM
 #74

For me if you want to save money then the most preferable thing to do is to put it in bank but if you want a pure investment then you can consider joining cryptocurrency this is why you need to think twice before you act.

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September 22, 2018, 11:01:18 AM
 #75

I would prefer bank because not all of the state and this country,my country also include in it that cant accept crypto as payment. And bank I will use to payment and crypto that I use to gain asset.
somtandon2015
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September 22, 2018, 11:02:17 AM
 #76

Well ,I think investment in cryptoworld  is more beneficial than in bank. because in bank, there is fixed and low return as in cryptocurrency , return is more and high as per the market .
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September 22, 2018, 11:16:04 AM
 #77

if for me choose an official state bank to store assets or large funds..because it's an appreciation of us as citizens who respect and respect official government policies.
for crypto itself I began to fear because of the drastic change in the value of digital currencies for the exchange rate to the official currency,that's where I need to be careful if I want to save in the long run in crypto..

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September 22, 2018, 11:20:59 AM
 #78

If I'm looking for safety and peace of mind, then I would obviously look at bank since over there I have a lot of peace of mind.
On the other hand, if I am looking for having a trade which I do not want government to monitor, then I would look at cryptos since that is its USP
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September 22, 2018, 11:21:43 AM
 #79

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 prefer a proper risk management. This means that it always good to hold enough cash on your fiat bank. I mean most of the bills you have to pay will be charged in fiat.
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September 22, 2018, 11:22:08 AM
 #80

I would choose bank at this moment, because it seems that it’s more liable and convenient. However I would switch to crypto if more and more people accept crypto and it is more convenient to use.
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