Topic: Bitcoin or banking investment? - page 4. (Read 1381 times)

The current banking system has proven itself a disadvantage and a pillage to the funds of people under their control with no tangible interest to these funds owners be it perennial or annually that couldake a difference in their life. We talk about risk on bitcoin using it as an excuse to condemn the profitable feature of the digital asset as an innovation that has come to liberate and put people in charge of their funds without external intrusion on how and when to access or make use of it.
 
The profit embedded in bitcoin can't be overemphasized and that depends on your investment and trade plan towards it that's why it's sacrosanct everyone delving into it is heavily advised to acquire a deep knowledge of how it works before indulging as to not end up having a wrong impression about the digital assets as a result of his ignorance towards it.

Sure, bitcoin may have its charm as an investment asset, but let's not overlook the fact that it's still largely driven by speculation. It's like playing a game of chance, hoping that the odds will be in your favor.

Opportunities that provide profits from Bitcoin even though it is at a risky stage someone who is involved in crypto currency will certainly choose Investment in Bitcoin when compared to any other place, Bitcoin has a fluctuating nature and from here investment opportunities are very large even though he is under pressure I don't think the risk is too significant.

In my opinion, you are mistaken about investing and saving. The magazines show that bitcoin is the most profitable investment, surpassing even the kings of securities in the world. If it were me, I would put 50% of my capital into this market.

Both in banking and bitcoin they have advantages and disadvantages from their respective angles depending on the conditions we see.
But indeed in this case when there are risks, of course there are interesting things in it that are the attraction for bitcoin to date.
Volatility is something that continues to be discussed and considered but that is precisely what makes bitcoin even more attractive to be used as an investment asset if you look at it from my current point of view.
Of course, it is still 50/50 when it comes to speculation because there is no absolute confidence that being in bitcoin will really be profitable but in this case as long as the probability shows that then I think why not.
Banks have their own systems and have their own markets with people who love them so in that sense I wouldn't consider them bad either just that I wouldn't be under their control.

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 .

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.

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.

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.

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

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.

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.

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

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.

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.

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.

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.

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).

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.


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.


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.