I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 11.

Kertmu

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Quote from: sammyp on July 26, 2018, 04:16:29 AM

That was a great bold risky decision you made. The odds with bitcoin investments are not very stable but are far better than the stable offers given by the banks. I applaud your decision and wish us all luck.

With this type of investment, not always considering all the factors, because the desire for profit prevails.

If you ask an experienced investor, he will answer that for him a good income is 2-3%, not 10%, 20 or 100%.

In addition, in the cryptocurrency market there are a lot of factors of uncertainty: the current legislation, the formation of Bitcoin's prices, social (news) etc.

0t3p0t

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Quote from: OSEIBOATENG on July 11, 2018, 03:26:44 PM

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?

Same here I choose Bitcoin investment because I have advantages when in terms of up and down trend of markets compared to the stable market like banks and it's fiat asset. Volatility of Bitcoin makes us gain huge profits through trading and holding purposes. Some investors have both banks and Bitcoin investments as diversification of assets which is pretty good though.

miyong

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Me too, i will choose to invest with btc than bank for i will earn more with btc than with bank investment. But i will still keep my money in bank for safe keeping.

airinnesmith26

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I think that's fine since the price is starting to go up again. but you have diversity always and not invest everything in one.

LyQaN

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You took a right decision.If you want to invest your money you must choose Bitcoin over Banks because Bitcoin can surely provide us with more profits than Banks.Bitcoin price keeps on increasing so with that our profits keeps on increasing but on the other hand no such profits or increments are seen in case of Banks.So yes Bitcoin is a better choice for investment.

android17

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Quote from: sammyp on July 26, 2018, 04:16:29 AM

That was a great bold risky decision you made. The odds with bitcoin investments are not very stable but are far better than the stable offers given by the banks. I applaud your decision and wish us all luck.

Ofcourse! Considering that you can gain more profit in bitcoin invest than bank investment. Lets say bank investment is much safer, but it takes a lot of time to get big profit, unlike in bitcoin considering it is more risky than banks, it would take only about 4 months to 8months to gain so much profit jist based on my experience, unlike in bank it takes years.

Flowerbiuq

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Investment banking is very stupid. You can tell your uncle that he will be patient if he is patient.

Flagship11

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Bank investment is safer but your ROI will be significantly less too.
If youre willing to trade that, then banks may be the better option for you.

jennygamilo

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I would also choose bitcoin investment over bank statement as I don't want my money to just stick with its current value right now, I want it to earn, and in bank investment they would just give you minimal interest with your money

Fatanut

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Quote from: maichimoto on July 26, 2018, 04:58:46 AM

Quote from: OSEIBOATENG on July 11, 2018, 03:26:44 PM

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?

nothing is sure in the world of bitcoin. It can be 100k at the end of the year, but it can be in red. But I'm wondering which bank would give you 10% per annum ROI on your investment? That doesn't make any sense, unless it's not guaranteed interest

It also left me wondering, what bank is giving 10% annually for time deposit? Usually it's just around 0%-3%. 3% is already so much. We have 1.85% for the highest rate for time deposit for 12 months. 10% is so much and it actually sounds good. With $20,000 in your wallet with you not knowing what to do with it and a 10% gain per year for time depositing it in a bank, that sounds really good to me. $2000 a year out of money that you have no plans of doing anything with sounds amazing to me. I would have chosen that instead since it's totally possible that it will take a lot more than a year before you can earn that 10% gain from holding bitcoin especially now that we're at red.

On the other hand, I'm thinking that maybe it was a typo? 10% annually just sounds so much to me so maybe it was $200 instead of $2000.

cheezcarls

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Looking for gigs

Quote from: OSEIBOATENG on July 11, 2018, 03:26:44 PM

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?

I would actually agree with investing Bitcoin than in the bank. You know why? First, Bitcoin is decentralized and anonymous and it has high liquidity. However, investing to banks is like you only gain pretty much less in interest. Furthermore, it is centralized and they can control your funds. I would rather choose decentralized than centralized. Just my two sats.

maichimoto

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Quote from: OSEIBOATENG on July 11, 2018, 03:26:44 PM

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?

nothing is sure in the world of bitcoin. It can be 100k at the end of the year, but it can be in red. But I'm wondering which bank would give you 10% per annum ROI on your investment? That doesn't make any sense, unless it's not guaranteed interest

james_Oscar1

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You're right. because bitcoin is worth trusting and believing.

Satish147

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Quote from: OSEIBOATENG on July 11, 2018, 03:26:44 PM

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?

You did a great job. You helped your uncle to earn huge money within a year which he can earn this money only after 10 years. But putting all money will lead you into risky zone like you can lose your initial investment. So be careful while investing huge money. Try to do Dollar cost averaging to elimate some risk and to takeout some profits.

t1Zona

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Investing in Bitcoin can be more profitable than traditional investment, but of course it's more risky. My advice is invest up to 25% of your wealth in crypto if you belong to medium class. If you usually run out of money at the end of the month consider a lower percentage.

sammyp

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That was a great bold risky decision you made. The odds with bitcoin investments are not very stable but are far better than the stable offers given by the banks. I applaud your decision and wish us all luck.

hoamoclan

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whether you invest in bitcoin or bank, both of it include risk but to be honest, invest in bitcoin can help you earn more money than bank

mrphilippine

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That hit the spot for being a believer of cryptocurrency. We must encourage other to get on board to crypto while the price is cheaper. Bullish trends now have sign of moving up slowly at the end of this year.

wahyu5

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indeed bitcoin investments promise big profits, but you also have to keep in mind that there is a risk of possible losses. Bitcoin prices are very unstable, and they can rise high or even vice versa in a moment. Of course every one of us who buy bitcoin or invest bitcoin, always expect a high price increase, but also we should have been able to predict the occurrence of decrease or increase in bitcoin price, so we will always get a profit through bitcoin investment.

BIOX

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I believe it is a great choise. I strongly hope that cryptocurrencies have a great future and they can become the new currency of our world soon. And there you can get more benefit

Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 11. (Read 1433 times)