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Author Topic: Which do you prefer, bank or crypto?  (Read 3864 times)
beckspace
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October 06, 2018, 10:32:11 PM
 #561

I pay my bills through a bank and use the credit card services of banks. For the time being, I still keep a part of my savings in the bank, the rest is kept as a invest in the crypto. Depending on what will be happens in the future, I may be change my mind about banks.
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RiskySanchez
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October 06, 2018, 10:33:39 PM
 #562

Officially the bank has been recognized by the government which of course has a high level of security and has been tested. if bitcoin the level of security is still untested and only appeared in 2007. Of course i choose a bank to keep my money

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October 06, 2018, 10:39:10 PM
 #563

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?

if I prefer banking even though the card is lost or the atm sinks in the atm machine it can be fixed but if it's stored in crypto and lost then who will be responsible and how to recover it, so I prefer in the bank to save money

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October 06, 2018, 10:45:24 PM
 #564

At the moment, the bank is a more reliable place to store their money. Keeping money in crypto can lead to loss of funds. Everywhere has its drawbacks, but so far the best option is to store in a bank.

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October 06, 2018, 10:57:05 PM
 #565

Both the bank and the password I like. Bank gives me the safest. But the password will help me get rich quicker. Bank and password are interlinked. They support each other to grow together.
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October 06, 2018, 11:29:34 PM
 #566

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 know most of the people or majority of them especially nowadays they believed and trust banks. But if you have a deep knowledge in crypto, of course obviously you will choose Crypto rather than banks because we know it is more safer than anyone else, right? It is decentralized and all we need to have is that the private key for the wallet we used, password and seed phrase for us not to be a victim of the hackers anyway, and we are safe for the stolen cards, atm withdrawal and etc. like what usually happened if you put savings in bank.
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October 06, 2018, 11:32:35 PM
 #567

I prefer to diversify risks. It seems to me that you can not keep all the capital in one place. That is why part of my capital is in the bank, and the second part is invested in cryptocurrency.
Diversifying risks gives me a lot more unpredictable situations whenever I invest in Tron.
the large number of advantages that I got from Cryptocurrency makes me really like and prefer Cryptocurrency than the bank. I also use many Cryptocurrency than the bank because of the profit I get.

 
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Morning honor
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October 06, 2018, 11:42:19 PM
 #568

Maybe both in bank or in crypto savings,all of these has a special or important ways on how to make my money keep safe in place.,so its better to diversify in both safety ways i guess

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October 06, 2018, 11:48:25 PM
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 #569

I like the safety so I like the bank more than the password. The bank brought me very high security. While the password will cause many risks.
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October 07, 2018, 12:59:33 PM
 #570

I am not really afraid to put my money in any of them, don't see any of them dissappear any time soon, and so to loose my values.

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October 07, 2018, 01:05:15 PM
 #571

And why not both? I think that today it will be very difficult without banks, they are still somehow trying to show transparency, although we all understand that today they live only at our expense and use a lot of money in foggy areas.
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October 07, 2018, 02:48:23 PM
 #572

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?
the purchasing power of money specially on the real world is incomparable into cryptocurrency.
inflation may occur on markets, but in crypto in which the market value is very volatile.
although i use crypto, i would still prefer storing my money on the bank.
no offence to the blockchain technology and crypto.
but cant trust the market that is unpredictable.
Karina 3340
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October 07, 2018, 03:17:20 PM
 #573

At the moment, I can not refuse both a bank and a cryptocurrency. While cryptocurrency can not completely replace banking services. But it is possible that in the future it will be different.
Karina 3340
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October 07, 2018, 03:17:47 PM
 #574

At the moment, I can not refuse both a bank and a cryptocurrency. While cryptocurrency can not completely replace banking services. But it is possible that in the future it will be different.
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October 07, 2018, 03:21:44 PM
 #575

I prefer both of these methods...
Banking - for stable money storage.
And cryptocurrency as high risk assets...
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October 07, 2018, 03:33:46 PM
 #576

It can not be definitely stated. At the moment, both the bank and the cryptocurrency have their tasks. And perform them as required. I do not think that we can refuse banking services. So, so far so.
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October 07, 2018, 03:38:31 PM
 #577

Cryptocurrencies and banks are completely different things but I prefer cryptocurrency because it has much more interest but if you are looking for stability then you need to go to the Bank !

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October 07, 2018, 03:40:05 PM
 #578

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?
You’ve probably heard quite a lot lately about cryptocurrency. If you’re like most people, it’s also not something you’re terribly familiar with. The technologies of cryptocurrency and blockchain are still in their infancies, and just like with any brand-new innovation that has the potential to drastically change how we live our lives, many are suspicious of crypto’s abilities to be a successful upgrade to traditional banking systems.
So, i choose both for investment.
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October 07, 2018, 04:25:12 PM
 #579

Hi, Now I prefer bank than crypto and I am putting almost my money in bank and get interest every month. In my opinion, i only put a small fund to crypto and it is only Secondary income.

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October 07, 2018, 05:40:50 PM
 #580

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 with full confidence choose the storage in the crypt since it is possible to encrypt the wallet and + you can get a good% that you do not have one bank in the world will not Give.

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