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tinystone26
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Activity: 434
Merit: 10
Unleash the Power of the World's Crypto Data
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October 12, 2018, 02:14:07 PM |
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I have a friend who has a bank account, I don't really have a bank account since a was a child and he really hate it now when I introduce Crypto to him because he say's that Crypto is more better that bank he couldn't control his money into it while in crypto he can do anything.
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GameOfBit
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Activity: 275
Merit: 10
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October 12, 2018, 02:24:48 PM |
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depending on which side to see, whether to save money, I choose a bank. This is a more reliable option.
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pearcy jackson
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Activity: 560
Merit: 10
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October 12, 2018, 02:30:32 PM |
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I trust the Bank more, because the Bank, in all countries is there, and is legal. I also use money in everyday life, which also comes from the bank. I prefer something real. and I consider Crypto as an asset, even though in the virtual world, but I have formulated that someday it will be real money. (Profit)
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hawkins
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October 12, 2018, 02:33:29 PM |
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I trust the Bank more, because the Bank, in all countries is there, and is legal. I also use money in everyday life, which also comes from the bank. I prefer something real. and I consider Crypto as an asset, even though in the virtual world, but I have formulated that someday it will be real money. (Profit) Well, I need both. but for now, I focus more on crypto than the bank. well, the bank will be the second choice after crypto is changed to fiat. I prefer to make profit from crypt. even though the bank is legal, it doesn't stop me from prioritizing crypto.
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Cocoincos
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Merit: 12
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October 12, 2018, 02:46:11 PM |
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as for me I prefer paper money, I think it the most safe, for now I dont believe in crypto so much - it is very unstable unfortunately
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barnes13
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October 12, 2018, 02:48:22 PM |
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According to the level of security, I would still prefer banks to crypto. Because, saving money in a bank already has a security standard that is recognized by the whole world and to take money at an ATM machine is now safe because the ATM card has a chip that can prevent us from skimming. Meanwhile in crypto, does not have a legitimate security standard and our wallet is vulnerable to hacking, especially from phishing crimes, even people who are victims are still very much due to lack of information and careless in storing private keys.
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Slash61
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Merit: 14
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October 12, 2018, 02:50:12 PM |
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as for me I prefer paper money, I think it the most safe, for now I dont believe in crypto so much - it is very unstable unfortunately
Yes, of course, save our money in the form of crypto will definitely be a big risk. But if your intent was to invest I think crypto is the perfect place for a profit. Although the value could have been rapidly changing, but this investment is not going to harm you if you choose the right investment assets.
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Krendom
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Activity: 210
Merit: 5
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October 12, 2018, 02:54:21 PM |
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For now i agree, crypto still have a risk and unstable, but if thing about investment for long time maybe it's a good choice. But do not put all your money.
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e@symode
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October 12, 2018, 03:08:24 PM |
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The bank is a structure that today is already fed up with all people in cryptocurrencies today there is a very high probability of becoming more successful. I am sure that today it is best to use cryptocurrencies because it is today there is a high probability of becoming successful.
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eagleman
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October 12, 2018, 03:26:56 PM |
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For now i agree, crypto still have a risk and unstable, but if thing about investment for long time maybe it's a good choice. But do not put all your money.
An investor seeks for risk and that's why crypto is going to be one of the best investment for him.
You don't have to put all of your eggs on one basket, diversify so you can calculate everything including the potential profit and risk.
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Byakuya
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October 12, 2018, 03:31:57 PM |
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I prefer both of them, I use the bank for guarantee my some of the money and use crypto to invest.
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Collinberg
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Merit: 14
Collectrix-Bridgin the physical and Virtual worlds
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October 12, 2018, 03:44:09 PM |
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This is quite a tough decision but I think I would go with Cryptocurrencies because in a way, you control the total security of your assets, once you secure your private key well, it is almost impossible for it to be hacked.
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dizzy1996
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Merit: 102
MoonDeFi
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October 12, 2018, 03:52:39 PM |
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I prefer cryptocurrency. the bank takes too much commission and interest and it becomes unprofitable. cryptocurrency is a great modern opportunity to simplify the processes associated with transactions and purchases
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Situk brok
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Activity: 401
Merit: 10
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October 13, 2018, 12:30:45 AM |
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Honestly, I prefer it in crypto because every time the value and price will change, if the market price goes up I will get a profit, then when I send money to someone else it is very fast and cost effective.
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ankusharora1980
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Merit: 0
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October 13, 2018, 02:49:44 AM |
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at present its better to keep cash in bank no doubt crypto gives more return than banks but at present bank are more safer after some time we may shift to crypto.
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kaizerblitz
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October 13, 2018, 02:57:14 AM |
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I would prefer crypto because crypto have a fastest and efficient way of sending or processing transaction than bank that you need fall in line and wait for how many hours. I hope one day crypto with the help of blockchain technology will implement the system of it.
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007_Oldy
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Activity: 48
Merit: 10
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October 13, 2018, 11:54:10 AM |
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For a good profit, I prefer cryptocurrency. And just to store money - the bank. Right now, we cannot ignore the banking system, if we sell cryptography, we get most of Fiat in our bank account. Banks are still useful right now, because they have a good infrastructure, and we can withdraw our money anywhere and at any time through an ATM.
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Dr.Lecter
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October 13, 2018, 11:57:53 AM |
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Bank or crypto? I think both of them have their advantages and disadvantages. If I save in bank, I can have access to it at any time,I can withdraw my money at any time and my money might not increase but the amount will not reduce and if there is any problem(s), there is a financial insurance that covers my saving. However, the problem is that, the money will just there without appreciating, talking about operating savings account. In the other hand, crypto has it's own limitations too: when you need money, the assets might have reduced and most importantly because it is decentralised, if any problem should happened for example loss of assets as a result of hacking, no one will be responsible. What I used to do is that, I don't do rush investment in crypto, I only invest money that I know I don't need it in the next 3-6 months, then I also have little amount in bank that I used for my upkeep. But what is the essence of money in bank that is not appreciating, why can't I rather invest 80% of it in crypto. That's just my own ideology and it has been working for me. ,
your answer what is exactly i want to say. yes, both of them have their advantages and disadvantages. *thumb up*
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reverseflash
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October 13, 2018, 12:54:26 PM |
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For storage and quick access, I will choose a verified bank. The degree of security and guarantees, plus the ability to level inflation through a deposit, quick access to finance. If I want to make a profit and I am ready to take risks, then my choice will be a cryptocurrency.
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