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Author Topic: Which do you prefer, bank or crypto?  (Read 3864 times)
austinsku
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October 11, 2018, 04:12:08 PM
 #621

I prefer to keep my money in banks but also I make a lot of investments in crytpo because this is our future and fast way to get rich)
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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October 11, 2018, 04:16:04 PM
 #622

Cryptocurrency today holds a fairly strong position. Therefore, I will not complain if, over time, it replaces the bank’s services. But while the bank remains an indispensable part of each of us. And deny it is stupid.
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October 11, 2018, 04:25:53 PM
 #623

Crypto.
I like the cryptocurrency's decentralised nature as unlike banks, they are not bound to any rules and regulations by any government and no thrid parties are involved. There is a direct contact between the sended and the recipient.
Also, crypto provides you with bigger profit returns in a short period of time, unlike banks which give you only a fixed amount of return.
Cryptos are also not just investment assets but can also be used to make transactions throughout the world which are speedier, thanks to their blockchain.

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October 11, 2018, 04:26:54 PM
 #624

Cryptocurrency make good for payment without long process, bank can not be as efficient as cryptocurrency payment. I'm term of security, cryptocurrency payment is secure and immutable at the same time. Cryptocurrency payment is better than bank payment!

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October 11, 2018, 04:31:24 PM
 #625

the bank gives very small percent on deposits. The bank is not reliable. I need big profit and it can be received only in cryptocurrency.

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October 11, 2018, 04:35:49 PM
 #626

in my opinion if only to save money I would prefer to save money in the bank because of its fixed value and reduce risk.
and in crypto we are not only to save money but to invest and make a profit. I don't think it's appropriate to compare bank and crypto in this case.
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October 11, 2018, 04:49:01 PM
 #627

I like banks and crypto because they have their own advantages. Banks save money freely and safely and have very small potential losses. while saving money in crypto is very vulnerable to falling because the cryto market is easy to drop, but crypto can be very profitable because the price can rise high and you will get a big profit.
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October 11, 2018, 09:03:06 PM
 #628

So far I prefer to keep my savings half in Euro, half in USD to diversify my funds and be less dependent on the exchange rates. Keeping them on my back account, for that matter.
As for Crypto, due to low adoption I have little to zero ways to spend Crypto outside the Internet, so at that moment Crypto is exclusively for online shopping. So far I stick to that model, hopefully later the situation will shift in the Crypto`s direction.
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October 11, 2018, 09:09:08 PM
 #629

I think everyone prefers like a bank and many cryptocurrencies. While everything is working in its direction. And to say that today a cryptocurrency can fully function as a bank, I cannot.
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October 11, 2018, 09:12:47 PM
 #630

In the future, I will switch to cryptocurrency. Now I use cans because they are easier to use. It gives me more confidence in saving my money. I dream that in the future it would be different, and indeed the crypto-world would become a reliable alternative to banks.

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October 11, 2018, 09:13:35 PM
 #631

I would prefer to store in cryptocurrency because I think that the reliability of money storage is high and you can get a good profit
BitcoJ
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October 11, 2018, 09:15:05 PM
 #632

Now I prefer both a cryptocurrency and a bank. Each of these structures performs its tasks. And they cannot replace each other yet. But in the future, I do not exclude that the cryptocurrency will achieve such opportunities.
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October 11, 2018, 10:18:02 PM
 #633

I prefer cryptocurrencies, because they can be useful for you and they give you the opportunity to earn, and the Bank will give you a very small percentage of the year.

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October 11, 2018, 10:22:35 PM
 #634

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?

It is best to keep money there and there. Whatever you say about banks, but at the moment, keeping money out there is less risky.

In cryptocurrency there is an opportunity to earn much more than in a bank, but the risks of losing your money are much higher. And here even the matter is not fraudsters, but the possibility of a sharp drop in the price of the coin that you bought.

Everyone decides for himself how to do it. I keep money in banks and cryptocurrencies.

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October 11, 2018, 10:27:47 PM
 #635

If you somehow transpired to ask me, it depends. I lean toward bank with regards to keeping cash, I think it is more convenient to utilize ledgers than crypto, and it is more secure in a bank I think the crypto investment fund. In any case, I usually incline toward digital mazuma regarding notional theorization. Purchasing and offering coins for benefits. Banks just give a yearly rate.
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October 11, 2018, 10:40:00 PM
 #636

In my own opinion I deal with the two but I would prefer Cryptocurrency because it gives more profit than the bank. Though it have other bad side of it which is lack of being careful which I feel both bank and Crypto have its own risky but the bank money is stagnant while the Cryptocurrency fluctuate which means it can rise at any moment but it will be best advisable to invest in crypto when you're sure of where to invest in. In any which way there is also huge risk in crypto due to the scam but this is not a reason not to deal with crypto because the bank itself has higher risk and you're not in total control of your money.
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October 12, 2018, 01:41:20 AM
 #637

For me, if the price of the coin that I am holding has already stabled, it is good to store it on my personal hardware wallet, rather than sending it to bank, to ensure also that you keep your profile low and secured, and confidential.

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October 12, 2018, 01:44:27 AM
 #638

Well, i prefer crypto to banks especially when it comes to investment. Banks only give a small profit rate. Crypto is capable of offering more than twice what the banks offer as profit rate if only you are patient enough and capable of choosing the right coins.
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October 12, 2018, 02:05:06 AM
 #639

Well if you are asking me to choose between bank and crypto nowadays is that I would choose crypto in order to earn something while I'm at home, choosing crypto has many benefits you can be able earn something without investing and if the time comes that you can earn something then I would choose the bank to keep what I have earned.
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October 12, 2018, 02:05:57 AM
 #640

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 choose to invest in crypto currency, i know it's risky but you have full control over your money, in crypto you can gamble or invest your money. There are many restrictions and rules when investing in banks, crypto is much better than it.
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