Bitcoin or banking investment?

[ItsCrafty]

 That’s it. You could save a good amount of money in a bank while you are still investing with bitcoin in the long term. But my advice is that never invest all your hard-earned money, let half of it becomes your personal savings and save for emergency funds as well, and maybe half of it is for your investment. As for investment, do not just focus on bitcoin but learn to diversify too. Invest in gold and stocks as well, but put a bigger portion for bitcoin.

Although it is quite difficult to choose but the decision to invest in a bank or purchase gold depends on various factors, including your financial goals, risk tolerance, and market conditions. Investing in a bank typically involves depositing your money in various financial products such as savings accounts, certificates of deposit (CDs), or money market accounts which has marginal profit but has the safety.
   While as Gold has been seen as a hedge against inflation. Unlike interest-earning bank accounts, gold doesn't generate income. But it is also important because day by day its importance and value is increasing. When you consider the current environment, Bitcoin has a tremendously strong influence which you cannot ignore. If you fully understand it, it will be more profitable. So in my openion, be a part of Bitcoin community and earn more.

[SyndicateLabs]

~

Why don't you choose both? According to your analysis, both have advantages and disadvantages, so using and combining both is best. You have both safety and can maximize your profits. Moreover, diversification is a good thing to not trust too much in a single asset, whether a bank or bitcoin. Everything has risks, and nothing is perfect or completely safe. I am still using both and quite happy with them, bitcoin for long term investment, bank for savings and short term funds.

Yes, totally agree with what you mentioned, however I would like to be more honest about my behavior after many years of exposure to this market. Maybe making profits, then stabilizing them and then making profits again, it seems to be a loop in investing sometimes I look back and find myself so complicated but clearly spend the investment journey and everyone's perspective and our life is different so it's not possible to come up with a completely right or wrong opinion, it's just how we adapt to everything.

[KennyR]

I would prefer to save my money in bitcoin for long term, the key word being long term. Bitcoin is a volatile asset, so if it’s money I may need anytime soon then I would be a good idea to save it in the bank. Saving money in the bank isn’t an investment, the primary function of the banks is to protect customers money and give loans to customers when needed.

That’s it. You could save a good amount of money in a bank while you are still investing with bitcoin in the long term. But my advice is that never invest all your hard-earned money, let half of it becomes your personal savings and save for emergency funds as well, and maybe half of it is for your investment. As for investment, do not just focus on bitcoin but learn to diversify too. Invest in gold and stocks as well, but put a bigger portion for bitcoin.

Having some sort of diversification is the best choice than just getting all your earnings into something specific. In such case, sometimes people get lucky to make huge revenue. Most of the time this is high risky whereas diversification on investment lower the risk. My way of investment is much on gold and the rest into bitcoin and other cryptocurrencies. Gold have got proven track record and the history that never lets the value fall. With bitcoin the growth in short period after its existence as well as the growth it could offer to the investors I prefer it.

[rhodelmabanal]

I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

I will choose bitcoin than banks, because in bitcoin we are the one who hold the money while in banks our money is in the hands of the company and they will gain a bigger profit than what we receive, because banks offer a loan and lending business with a bigger interest rate than what we get from what we have deposited meaning they earn big from our money and we as the owner earn small amount very sad truth.

[Gyfts]

Banking Investment:
-Stability and security
-Lower risk

One of the more common myths about the modern banking system is stability and lower risks.

It would be a good time to remind everyone who has money at a bank that your bank likely follows the fractional reserve banking system, which would allow for the vast majority of deposits to be swept away in investments the banks deem to be prudent. You have zero say in any of these investments, and if for any reason some degree of confidence is lost on the institution and depositors decide to withdraw, there will be liqudiity issues and either you or another depositor will be out cash. Since COVID, all U.S. based banks are not required to keep a single penny of user deposits on hand. It used to be they were required to keep 10% of hand (which is too little to begin with), now it's zero. For all this risk, you're given a small interest payment. Since depositors are entitled to their deposits, in the event the bank collapses, any investments returns go back to the depositors, profit is wiped away completely. Say you have 5k invested at a bank with a fixed interest rate promised by the institution, and a run on the bank occurs. Due to fractional reserves, the bank has little cash on hand. What happens to your investment when everyone withdraws? Perhaps think twice before relying on banks for investments or to hold your cash. They can act reckless by inherent design of the system. They aren't stable/secure.

[wahyuagung26]

Logically Bitcoin and Banks are not investment platforms, and where the Bank is a fiat money depository whose quantity remains the same in the sense that the money will not change if someone has never changed their savings at the Bank, meanwhile Bitcoin is one of the currencies digital decentralized which we prefer with these systems, where they are not under the control of any government or authority.

Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

To be honest, I prefer to do both, although the main attraction is investment because even so, saving is also needed because when in an urgent situation, of course, we will definitely need money quickly in a short process, because of this I also save money at the bank, because remember later I will also use it for purposes of course. but those who invest in Bitcoin we still prioritize it.

Bitcoin or bank! What's your reason?

And to be honest we prefer Bitcoin, basically both are equally good and have the same popularity and quantity of users, but here I am more interested in Bitcoin. besides the Bitcoin system is much better than the bank and this is in my opinion, Bitcoin has a fluctuating nature where its value can change, and from here it can be used as a perfect investment place in my opinion, and Bitcoin has a price that is unique and far compared to the others, to be honest we at least get a little advantage from Investing assets in Bitcoin.

[EarnOnVictor]

I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

No need to chose actually. You could invest both in bank and bitcoin if you want. But make sure that you won’t put big amount of money sleeping in your bank account, their interest are just too small for that. Furthermore, invest in bitcoin at your own risk, at an amount that you can easily manage to lose. Know that volatile investments like bitcoin do not give us fixed profits, and it could be losses at some point aside from profits, so always invest within your means.

If we wanted to maximize the profit, choosing the one that gives more profit should be the choice and from the option, Bitcoin investment gives way more possibility to earn more money than banking investment so I would choose Bitcoin investment.

Time-wise and profit-wise, Bitcoin gives more, especially at the current phase of the Bitcoin cycle where the bull run is almost at the door.  Choosing Bitcoin will definitely give the more profitable venture of the two.  Forget banking investment and all-in in Bitcoin investment for maximum profitability.

The bottom line is that the potential investor must be well-educated about the investment be it Bitcoin or bank, and if this is well satisfied, then there is no way the Bitcoin investment will not be better than investing in banks. Nonetheless, some people might still want to diversify their portfolio, still, banks are mostly repeaters, they will use your money the way they want, gain more and still give you a peanut of the gains which might be between 6-10% in most cases depending on the package of the investment.

But with Bitcoin, you can gain multiples of your investment in a few years and handle the whole investment yourself. Only that you have to be sure to be accurate in speculation and get to always start the investment when Bitcoin just completed a bearish trend (Bullish reversal time).

[Crypto Library]

I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

In my own personal view I think if I do investment on bank then I have save my savings by fiat currency. And if you look at the current situation then you will see that the inflation rate on fiat currency is becoming huge day by day. So I think putting your fund on bank for savings is just a process to decreasing your asset value.
It is not that there is no risk at all in Bitcoin investment, and the only risk on Bitcoin investment I think that is the volatilities of Bitcoin price. But if a proper investment can be made for the long term after analyzing well, I think these volatilities will be its biggest strength. So by looking at the above comments you can understand which one I will choose bitcoin or bank. I think bitcoin will be best for investment from the all aspects.

[development327]

Bitcoin is an independent currency.  Here you can invest as per your wish and withdraw as per your need.  Others take it as a goal.  He leaves until the goal is met.  It is only your freedom.  It is as easy as it is risky.  You should choose your own thinking and research style at all times.  Then success will come.  On the other hand, keeping money in the bank is safe, but you will see how the value of your money decreases through inflation.  If you keep money in the bank, how many rules do you have to follow?  Again, the possibility of bank failure remains.  So I think keep some money by investing in Bitcoin.  Will come in time.

[Victorik]

I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

Investing in bank platforms is a very poor form of investment, except you are investing in billions and then doing compound investment, because generally, their interest rate are usually very low.
Investment in BTC as you have rightly opined is very risky an volatile, but then you could hit a gold mine if you are patient.

[|MINER|]

Bitcoin is an independent currency.  Here you can invest as per your wish and withdraw as per your need.  Others take it as a goal.  He leaves until the goal is met.  It is only your freedom.  It is as easy as it is risky.  You should choose your own thinking and research style at all times.  Then success will come.  On the other hand, keeping money in the bank is safe, but you will see how the value of your money decreases through inflation.  If you keep money in the bank, how many rules do you have to follow?  Again, the possibility of bank failure remains.  So I think keep some money by investing in Bitcoin.  Will come in time.

I would like to agree with you on this point that the best part of Bitcoin is its security, especially its peer to peer system. It gives us the security of our fund and make independent our fund from the custody of bank system. Even then look at a bank how much highest apr you have got from bank 10% or more ? On the others hand if you looks at the ATH of Bitcoin it is also really far from my current situation so if you invest on bitcoin then you can also gain a good profit from this.

[Minhxx]

I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

I prefer bitcoin.
I can control it, buy and sell instantly and still make a profit. No need for too much waiting process when withdrawing your money
Always see where your money is

[jeraldskie11]

Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

In terms of security, I favor banks, but for investment purposes, I prefer Bitcoin. I didn't claim Bitcoin isn't secure because if you understand Bitcoin and know how to utilize it, your funds are incredibly secure. Because I believe Bitcoin's price will not go to zero, I will not be frightened to invest all of my cash in it. If you just understand how to analyze the market, your chances of making a large profit are very great. Just like what happened in Binance a while ago, as a trader I believe it's a manipulation, which is why I bought some shortly after the price decreases and earned.

[Stella Mese]

Bitcoin is an independent currency.  Here you can invest as per your wish and withdraw as per your need.  Others take it as a goal.  He leaves until the goal is met.  It is only your freedom.  It is as easy as it is risky.  You should choose your own thinking and research style at all times.  Then success will come.  On the other hand, keeping money in the bank is safe, but you will see how the value of your money decreases through inflation.  If you keep money in the bank, how many rules do you have to follow?  Again, the possibility of bank failure remains.  So I think keep some money by investing in Bitcoin.  Will come in time.

Investing in BTC really has nothing to regulate, the point is that it is independent, even though investing in BTC is something risky, for those who invest in BTC there are good opportunities for the future, but in this case it is up to us whether to invest in BTC or not.
because investing in btc is high risk so it would be better to just use money that is ready to lose.

but investing in a bank certainly doesn't have a high risk, but our won't get huge profits because investing in a bank is different from investing in btc.

[dansus021]

Bitcoin is an independent currency.  Here you can invest as per your wish and withdraw as per your need.  Others take it as a goal.  He leaves until the goal is met.  It is only your freedom.  It is as easy as it is risky.  You should choose your own thinking and research style at all times.  Then success will come.  On the other hand, keeping money in the bank is safe, but you will see how the value of your money decreases through inflation.  If you keep money in the bank, how many rules do you have to follow?  Again, the possibility of bank failure remains.  So I think keep some money by investing in Bitcoin.  Will come in time.

I agree with you we all need to do our own research first before do any kind of investment, If some people like the safest option and don't like volatility then the bank will be go to place, but if people like double APR then bitcoin is the best option.

Although some of bank only give you not more than 4% per year, but today inflation is spiking is more than 5% at lot of country. So do the math guys heheh

[Ataiwo913]

I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?

That’s a complex question with pros and cons for both options. Here are some key considerations for comparing Bitcoin and traditional banking investments:

• Risk tolerance - Bitcoin is a much riskier investment than traditional banking options like savings accounts, CDs, or bonds. Bitcoin's value is volatile and can fluctuate significantly. It is not a guaranteed return. So consider your risk tolerance and investment timeline.

• Reward potential - While riskier, Bitcoin has the potential for higher returns than traditional banking investments. Bitcoin has seen returns well over 1000% in recent years. However, there are no guarantees and prices could also crash.

• Liquidity - Bitcoin is less liquid than bank investments. It can be difficult to quickly sell large amounts of Bitcoin without significantly impacting the price. Bank investments are very liquid and easy to sell.

• Regulation - Banking investments are highly regulated and have more consumer protections. Bitcoin is less regulated and has fewer protections if exchanges or wallets are hacked or fail.

• Fees and convenience - Banking investments typically have low fees and are convenient to manage. Bitcoin requires trading fees, security and storage considerations, and can be less user-friendly.

• Diversification - A balanced investment strategy that includes some exposure to both traditional and alternative assets like Bitcoin can help diversify your portfolio and reduce overall risk.

• Volatility - Due to speculation and its nature as a new asset, Bitcoin tends to be much more volatile than traditional investments. It is prone to large price swings over short time periods.

In summary, Bitcoin has the potential for higher returns but comes with significantly more risk. For most investors, a combination of traditional bank investments for stability and some Bitcoin exposure for growth is a reasonable strategy. But Bitcoin should only be invested with money you can truly afford to lose.

Hope this perspective helps! Let me know if you have any other questions.

[siniminomorocomunisakito]

It's simple, Bitcoin and banks are both investment options, but they have different characteristics. Bitcoin has a high potential return but comes with a higher risk due to its volatility. On the other hand, banks offer more stability and security but usually provide lower returns. If you prefer the potential for high returns and are comfortable with risk, Bitcoin may be an option. However, if stability and security are your priority, traditional banking may be a better fit.

[phantailaptopbl]

It's simple, Bitcoin and banks are both investment options, but they have different characteristics. Bitcoin has a high potential return but comes with a higher risk due to its volatility. On the other hand, banks offer more stability and security but usually provide lower returns. If you prefer the potential for high returns and are comfortable with risk, Bitcoin may be an option. However, if stability and security are your priority, traditional banking may be a better fit.
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Compare to bitcoin Banking only safety i suggests and in investment purpose bitcoin only compare to banking and i did not told bitcoin was not safety  Because I believe Bitcoin's price will not go to zero,  If you just understand how to analyze the market, your chances of making a large profit are very great. Just like what happened in Binance a while ago, as a trader I believe it's a manipulation, due to that only at time of reduce ...i bought lot of bitcoins at get more profit .

[Gulttam2a2]

Bitcoin is a popular currency in today's world. Here everyone can earn money by investing with little capital. But on the other hand you need a lot of money to invest in the bank which is not possible for everyone. By investing in the bank for a long time then a fixed profit is obtained. In that case Bitcoin is totally different. Here you can invest daily and earn daily which is much better than investing in bank. I think it is better to invest in bitcoin than bank.

[Adams0001]

Anything you want to do in life has advantages and disadvantages if you want to invest in bank or crypto, bank are just place to save money and being charging you with your on money in the bank if what to transfer or withdraw but anyway that is their profit they earn from you, and you don't earn anything with them is just to borrow your loan and put there on interests again, is better I go higher return because crypto is less regulated, more volatile, and ultimately, a risk .