I'd go for Bitcoin Investment no matter the risk involved, cryptocurrence are not vulnerable to theft since their transactions are recorded on a public ledger. The transaction of Bitcoin do not require intermediaries such as banks or financial institutions.
Bitcoin has the largest cryptocurrency by market cap and it is risky in investment with high volatility.
Using banking investment is like every eyes is on you so I'd prefer going for Bitcoin Investment not minding the risk involved, just time and patience.
Topic: Bitcoin or banking investment? - page 6. (Read 1370 times)
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?
Actually, both of us need each other, but the decision to save money as a Bitcoin investment or a bank depends on you and where your financial goals are going. If you are prepared to face high volatility and risk for and want to look for big profits, I think Bitcoin will be the right choice for you. However, if you're more comfortable with slightly lower levels of risk than bitcoin and keeping your money safe, keeping your money in a bank may be a better fit. However, it does not guarantee either because of the risk of bankruptcy and inflation.For me personally, it's better to save money at USTD, apy 8% for an emergency fund. The remaining crypto BTC, ETH and BNB 10% per coin per month of earnings. because if you save at the bank there is no greater profit than bitcoin, on the other hand the two also have risks even though the levels of risk are different.
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So yeah, hodl that Bitcoin, bro, but don't turn a blind eye to the diversification mantra. Don't be that squirrel that goes all in on one tree with his nut stash, only to see it crash and burn. Maintain a diversified spread with Bitcoin and old-school investments, and remember, in the finance fiesta, free lunches are a myth!
Sure, we learn from others mistakes, and based on what one has known so far, it's not really wise to put all our eggs in one basket. Sure, Bitcoin is really a wise and profitable investment for most people, although not everyone has benefited from buying it. For some reason, most people bought when the price was very high, and due to the panic of losing their asset, they sold off so fast and even incurred some losses. But those who understand Bitcoin so well will hold their coins until the bull market comes and they make some profits. But normally, when one gets a well-paid-off investment, it creates much opportunity to invest in other places, but if the person has some fixed income, they can also invest in two platforms (Bitcoin and business or buy some shares), in as much as I Don't keep some heavy lofty of money in the bank because am into business dealings, it doesn't mean I don't keep fiat. One of my boss would always say that, sometimes, "something that one sees as a sustainable income may not really be what it is in some scenarios."
We’re undergoing massive economic troubles that could very well flip the whole economy over, royally-fucking us and everyone with liquid assets in ???their bank, so I don’t really advise bank investments right now or any other form of stock except if you’re looking to short trade as a lot of them are just downright red nowadays, and banks are on the verge of collapse no thanks to their own greed. Bitcoin seems to be the most plausible solution/option hut if you’re looking for fast profits you might wanna redirect your gaze elsewhere. As of the moment there’s no concrete reason for bitcoin to increase in value and so it’s sitting nicely on its 27k bench waiting for the bull run or a better reason to increase value at least sustainably.
Have you tried looking into gold, silver, and other precious metals? How about real estate? The latter might be in a tough spot right now but these are all time great ventures if you don’t know where to invest
Have you tried looking into gold, silver, and other precious metals? How about real estate? The latter might be in a tough spot right now but these are all time great ventures if you don’t know where to invest
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?
Let's briefly test your understanding of bitcoin and banks, you slipped on the idea that banks save millions of people around the world, fiat currencies generally lose their value due to depreciation which means the assumption of storing money is wrong. Regarding the notion of risk, this also relates to the potential for money that you save in the bank in the long term, placing money in a bank savings account will not be potential because the value of the currency you have will remain the same, meaning that the money you have is also at risk of not producing profit.If you put money in bitcoin, then the potential for achieving ATH will generate big profits, why should it be ATH because we ignore a bit of bitcoin volatility patterns, so it can be concluded that placing money in bitcoin is far more potential, than placing money in bank savings which not making a profit in the long term, draft this relates directly to precision as the idea of investment that you are trying to talk about.
Banking investment? That sounds so weird. All you do in banks is you keep your money in them, thinking they are safe. Meanwhile, they lend out your money to others in order to gain profits. All they give you is a little amount of interest. And when you ask them to withdraw your own money, you are asked to do all kind of things. So is it good? Of course not! The little interest that you get is not even enough to fight the inflation. What do you want to say about bankruptcy? Isn't that a risk? I know people will have a different opinion than me. But it is how I see it.
On the other hand, Bitcoin is not all that good either. It has risks involved. But when you ask if this is an investment, then yes. This falls into the category of investment. If taken the right approach, this could turn your life for good. Will I recommend this to someone? No! They need to understand it on their own and choose for themselves. But when it comes to my decision, I will choose Bitcoin.
On the other hand, Bitcoin is not all that good either. It has risks involved. But when you ask if this is an investment, then yes. This falls into the category of investment. If taken the right approach, this could turn your life for good. Will I recommend this to someone? No! They need to understand it on their own and choose for themselves. But when it comes to my decision, I will choose Bitcoin.
I would rather invest in Bitcoin because of the freedom it gives. We all know that if we invest in Bitcoin we have our coins being held in our own wallet while banking investment removes us from control of our own fund. They also have very low-interest rates compared to the profit opportunity given by Bitcoin investment
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?
It will be much easier to build a bank for yourself rather than risking your money to a bank that got a very low annual interest rate, so low that it cannot even keep up with the overwhelming inflation. Using a bank as a storage place is not really a bad idea as long as you don't plan to store it for long before inflation catches up to you, and as people prefer nowadays, they are more into bitcoin rather than a bank even if it's a risky investment because in bitcoin, their money has a chance to grow and it is also a hedge against inflation.
Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?
Bitcoin is know for his anti-inflation, it's an investment which will hold value of your assets. As everyone know with time to time due to inflation every fiat lose his value which can effect your wealth power. So Bitcoin is the only possible answer of all these questions also due to volatile nature it's provide a lot of opportunities to get more and more profit instead of losing value.Recent ancident of Silicone valley bank bankruptcy will be a good lesson for all bank lover who prefer to hold his wealth in bank and think it's safest ever place for his wealth.
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 suppose none of the investment strategies guarantee financial stability, since even saving money without investing can be useless, especially in case of fiat inflation. Investing is gambling, many things affecting price of assets are impossible to control.
Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?
People are made to believe that the bank is the most and the only reliable place to invest and keep our money, but the bank is really using our money for business and making more money with it, as they are just giving out little profit as a return on our investment.
Bitcoin is a store of value; land is also a store; and money is also seen as a store of value, but I think that money is not a real store of value because a real store of value appreciates instead of deteriorating in value. If one decides to keep money in the bank for some years (as fix deposit), the value of the money might have gradually deteriorated before the person decides to use it; even the little interest that the investment has earned cannot buy a thing in the market because the value of the money has reduced.
Bitcoin has a limited supply, and despite the price volatility, if one invests in Bitcoin and holds it for a long time, they will sure sell during the bull market and make a huge profit depending on the amount they invested. So bitcoin investment is what anyone could ever think of choosing rather than investing in the bank. But for the record, a good economist or a financial maximalist don't only relay on one investment source, they diversify their investment and also keep some fiat money in the bank, perhaps not as investment.
Neither Bitcoin nor the bank is an investment platform,
Bank can be a financial institution were every financial activities takes place but still can serve the purpose for individuals to invest their money through fixed deposit (as it's being called in my country). Bitcoin can also serve the purpose of investing your money into it.
The unchained persona of Bitcoin turns it into this mind-bending, yet tough nut to crack concept. Sure, it's power to the plebs, but don’t forget, with this kickass power, comes – drumroll please – mondo responsibility! It's way beyond just hitting the jackpot; it's about decrypting the blockchain cipher, bulletproofing your crypto stash, and acknowledging that Bitcoin, much like any other investment, is a ride on the risk roller coaster.
So yeah, hodl that Bitcoin, bro, but don't turn a blind eye to the diversification mantra. Don't be that squirrel that goes all in on one tree with his nut stash, only to see it crash and burn. Maintain a diversified spread with Bitcoin and old-school investments, and remember, in the finance fiesta, free lunches are a myth!
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?
Putting your money in the bank is not a form of investment; that's called saving your money. On the other hand, Bitcoin is a pure investment since its value can rise over time. However, like any other investment, there's always a risk, and Bitcoin is considered a high-risk investment. Additionally, don't assume that saving your money in the bank is entirely safe. While they may have insurance and you can recover your money if something happens to the bank, you need to consider inflation. The more money you save in the bank, the more you will be affected by inflation.
Therefore, the right approach is to save less and invest more. In our case, it should be in crypto.
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?
Putting your money in the bank is not a form of investment; that's called saving your money. On the other hand, Bitcoin is a pure investment since its value can rise over time. However, like any other investment, there's always a risk, and Bitcoin is considered a high-risk investment. Additionally, don't assume that saving your money in the bank is entirely safe. While they may have insurance and you can recover your money if something happens to the bank, you need to consider inflation. The more money you save in the bank, the more you will be affected by inflation.
Therefore, the right approach is to save less and invest more. In our case, it should be in crypto.
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?
The only reason or people who find Bitcoin to be risky are those who have invested searching for short term gains and have completely overlooked the correct way to store value with Bitcoin, that is, every 4 years through the halvings (as supply decreases, price increases). The value, being driven by its uses as a peer to peer cash system that bypasses sanctions, limitations and weak economic policy in comparison to fiat money that is controlled by banks.
Bitcoin is far superior to banks and always will be. The risk is reduced for the longer you plan to hold it. Fiat on the other hand, increases in risk (and diminishes in value) for the longer that you hold it.
This depends entirely on the amount and percentage of each person's investment. Personally, I do not invest the majority of my investment in crypto because it is high risk and I am not a risk taker. All financial markets have their own risks and this is unavoidable.
Your words are logical, the word loan is short but its role is long. Debt is a curse of society. If you want to invest by borrowing. Then I will tell you that it is necessary to take the right decision seriously. Because there is a lot of risk involved in investing. Risk and market volatility are inherent in investing. No matter how risky the borrower is. The lender must comply with the conditions. So not loans you can encourage investment. For investment in current generation, Bitcoin is the best for me
The problem is at the accuracy stage and if you intend to take out a loan to make an investment, in my opinion this is not correct and will instead put you in new trouble. You have the opportunity in a safe way to collect bitcoins through DCA. Forcing yourself to take out a loan for investment will put you at risk of volatility and if in that condition you have no other plan to cover the monthly cost of the loan then that's where the first problems will arise.As much as you could, you should really be stopping or really wont really be that considering on speaking about taking a loan for you to make out some investment. You should really be avoiding this kind of stuff or set up because you would really be putting up yourself into a debt problem because you are really that cant be sure that you would really make profits out of your investment and to mind that we do have that kind of
risk on which the market isnt something that could be predicted on when it would really be making out those pumps or increase and if this is the main source of profit you are waiting for on repaying up those loans
then its not something ideal and you are really putting yourself into a big problem.If you do have other income sources then it is really just that fine on taking a loan as long you arent really that focused on a single
point or relying on it 100% or else you would really be putting yourself on much trouble and something that you should be avoiding. Investment does have always that accompanied risks.
The risk of borrowing and the risk of volatility in bitcoin is not worth the decision taken in a loan, unless we have other income as a crutch under certain conditions, sometimes people force things beyond their means, invest basically want to get profit and take opportunities in the wrong way will lead to problem. How many people end up with problems precisely because life doesn't work as it should, preparing a better source of financial income is indeed a must and very important, but this concept also does not ignore the ability and ability to deal with problems that occurrisk on which the market isnt something that could be predicted on when it would really be making out those pumps or increase and if this is the main source of profit you are waiting for on repaying up those loans
then its not something ideal and you are really putting yourself into a big problem.If you do have other income sources then it is really just that fine on taking a loan as long you arent really that focused on a single
point or relying on it 100% or else you would really be putting yourself on much trouble and something that you should be avoiding. Investment does have always that accompanied risks.
If bitcoin is considered one of the best investments and can make our finances better in the long term then DCA is one strategy that can be done, besides there is no risk, this pattern can also be adjusted according to the amount of money we have. Investments in banking will not progress in the long term because the value of money that we have does not develop and vice versa if bitcoin investment is done correctly for the long term it will definitely generate large profits.
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?
For as long as I have been involved in this cryptocurrency, in this experience I will choose Bitcoin to invest. Because the bank has to suffer twice as many benefits as it should. And currently investing in banks does not yield much profit. Most of the people in the world are now interested in investing in crypto because they don't fear losing money in banks, but there is some risk involved. Banks are currently going bankrupt due to over-loaning and many people have lost their money. But we can imagine that there is some volatility in the market when investing in Bitcoin. But investing in Bitcoin gives good profit in future so I think investing in Bitcoin is better than investing in bank. full member
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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?
Well for me i choose both, for banks i use it for my daily fiat transactions where i store my fiat and i can easily also withdraw anytime when i needed to. For Bitcoin investment i also prefer this even though it is very risky but my goal for this is for long term investment. Though investment in banks is much secured but of course the interest is very minimal. While in Bitcoin it is very risky to invest but if you keep it for a long time you will earn a significant profit.
Bitcoin and bank investments are two different investments, both with certain risks and rewards.
Bank investments are more stable and reliable, but the returns are relatively low. Investing in bitcoin is riskier because the bitcoin market is very volatile and may offer higher potential returns when the price rises.
Yes, I also think that bank investments and Bitcoin investments are two different things. If you keep money in the bank, your money will never go down and you can get some amount of profit every year. And if you invest in Bitcoin, if the price of Bitcoin increases, your investment The money will grow and if the price of Bitcoin goes dumping then my invested money will low. Bank investments are more stable and reliable, but the returns are relatively low. Investing in bitcoin is riskier because the bitcoin market is very volatile and may offer higher potential returns when the price rises.
All or most of the answers try to explain the matter from the angle of comparison between the two types of investment without taking into account the general situation of the investor per se. Today we have two types of investment, one in Bitcoin and the other in bank storage, with all the benefits and disadvantages of both. The most important question, in my estimation, is who is eligible to invest in bitcoin and who is eligible to invest in bank storage.
In a topic published yesterday, a member asked if he could invest half of his father's retirement money in Bitcoin, while his father intends to build a house after he was retired. This topic provides a vivid example to determine the eligibility of who can make this investment and of what kind?
Link to the topic : Dad's retirement money is invested in Bitcoin!
In a topic published yesterday, a member asked if he could invest half of his father's retirement money in Bitcoin, while his father intends to build a house after he was retired. This topic provides a vivid example to determine the eligibility of who can make this investment and of what kind?
Link to the topic : Dad's retirement money is invested in Bitcoin!
Bitcoin:
-Potential for high returns
-Decentralization and limited supply
-Volatility and risk
-Regulatory and security concerns
Banking Investment:
-Stability and security
-Lower risk
This is the most objective answer I've read on this thread that accurately answers the OP's question and sums up all the rest of the attempts to explain it since it doesn't take any personal stance. Greetings to its author -Potential for high returns
-Decentralization and limited supply
-Volatility and risk
-Regulatory and security concerns
Banking Investment:
-Stability and security
-Lower risk
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