I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 12.

J-N

member

Activity: 100

Merit: 13

Quote from: akosipepot on July 25, 2018, 03:29:55 PM

Quote from: wildflower18 on July 22, 2018, 09:14:55 AM

Quote from: weiweianll on July 18, 2018, 07:53:46 AM

Compared with traditional finance, the advantage of Bitcoin is very obvious. It is a tool to demonstrate future revolutionary technological innovation.
BTC has risks as well as high profits. The deposit interest of commercial banks is very low compared to the profits of BTC!

Actually both has the risks and advantages when we choose bitcoin or investment in bank. Investing in bank is indeed secured but too small return of interest. While investing in bitcoin can gives a totally a great chance to earned big when it comes to price we could also make our btc secured in the wallet.

I very much agree. Bank investments are arguably more secure but with very small returns over long periods as compared to crypto which depending on the market can either put you at a loss or a profit. But putting all in one is a risk, which I guess you was willing to take.

In most of the cases the large respectable banks don't give many percents for interest deposit. The small banks can take a long-term loan from you for a significant amount of interest, but they can crash or their working license might be invalidated. So the small bank investments are risky too. Bitcoin is a good asset to invest in, but I advice to diversify your funds between crypto-currencies and fiat-currencies and a shares.

akosipepot

sr. member

Activity: 377

Merit: 252

Quote from: wildflower18 on July 22, 2018, 09:14:55 AM

Quote from: weiweianll on July 18, 2018, 07:53:46 AM

Compared with traditional finance, the advantage of Bitcoin is very obvious. It is a tool to demonstrate future revolutionary technological innovation.
BTC has risks as well as high profits. The deposit interest of commercial banks is very low compared to the profits of BTC!

Actually both has the risks and advantages when we choose bitcoin or investment in bank. Investing in bank is indeed secured but too small return of interest. While investing in bitcoin can gives a totally a great chance to earned big when it comes to price we could also make our btc secured in the wallet.

I very much agree. Bank investments are arguably more secure but with very small returns over long periods as compared to crypto which depending on the market can either put you at a loss or a profit. But putting all in one is a risk, which I guess you was willing to take.

paul00

sr. member

Activity: 854

Merit: 257

Quote from: Xenoph0bia on July 25, 2018, 03:15:17 PM

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?

There were the time when people finds investing their money into the gold , the most reliable one and then comes the investment in the stock market and it is still in process but now there is best way among all and that is the bitcoin investment, bitcoin investment is considered to be the very much profitable and beneficial investment and the best thing about this is that it provides you profit in a very short span of time, so no doubt I will prefer bitcoin investment over bank investment.

Stock exchange might have a quite similarities with bitcoin they are risky too but when you know how to deal with it when red are ongoin youll and know what bitcoin are goin through youll see the bright side of it. As I see the time youve invest in bitcoin plus today youve already had a positive profit you don't need to wait for the end of the year for you uncle to see his profit but if you really want to see and wait for what will happen at the end of the year youll not regret it for sure.

brkttlv

jr. member

Activity: 896

Merit: 9

it is a risk but sometimes you need to take risk to get high income. if some day we can see the bullish market you won't be regret. i hope your decision gives you a happy future. i can't be brave to invest high in crypto.

Xenoph0bia

hero member

Activity: 966

Merit: 501

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?

There were the time when people finds investing their money into the gold , the most reliable one and then comes the investment in the stock market and it is still in process but now there is best way among all and that is the bitcoin investment, bitcoin investment is considered to be the very much profitable and beneficial investment and the best thing about this is that it provides you profit in a very short span of time, so no doubt I will prefer bitcoin investment over bank investment.

Himanshu111

sr. member

Activity: 462

Merit: 250

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?

As we all know that earlier people find gold investment to be most reliable one and most of the people use to invest in gold in hope that the value of their money will increase with time and then comes the investing in stock market and then people started opening bank accounts in order to get interest but I find bitcoin investment better, beneficial and the most trustworthy one because the profit ratio is very high and moreover in very short span of time so I will prefer bitcoin investment over banks investment.

Kelvinikke

member

Activity: 350

Merit: 10

A Blockchain Mobile Operator With Token Rewards

That is a very good decision that you took bro because if you had invested this huge amount money in the bank trust me you would have only earned just a penny from it. This is why i always advise people to do away with these banks and invest into cryptocurrencies.

Abigail Asi

jr. member

Activity: 182

Merit: 2

That's a very good decision you took. Personally, I will do same by choosing bitcoin investment over bank investment because of the Bank's small money.

ginobitcoiner

full member

Activity: 700

Merit: 101

BBOD Trading Platform

of course I also prefer to invest in bitcoin compared to investing in conventional banks or stock markets with FIAT money.
because by investing in a conventional bank I will only get a little profit. but if you invest in bitcoin your profits will be very big if compared with investing in conventional bank

wildflower18

sr. member

Activity: 714

Merit: 250

Quote from: weiweianll on July 18, 2018, 07:53:46 AM

Compared with traditional finance, the advantage of Bitcoin is very obvious. It is a tool to demonstrate future revolutionary technological innovation.
BTC has risks as well as high profits. The deposit interest of commercial banks is very low compared to the profits of BTC!

Actually both has the risks and advantages when we choose bitcoin or investment in bank. Investing in bank is indeed secured but too small return of interest. While investing in bitcoin can gives a totally a great chance to earned big when it comes to price we could also make our btc secured in the wallet.

C0ld_Zero

newbie

Activity: 154

Merit: 0

For investment. BTC is risky for you. If you accept the risky you can invest in BTC which you can get more profit.
And for sure and safe, you should invest on Bank. If i was you, i will choose invest on bank or real estate

Hishad32

jr. member

Activity: 98

Merit: 1

well, I suppose it is good to have this kind of consider in crypto investment and subsequently linking it up together with your uncle. however, you ought to constantly realize that in crypto, you could predict the market trand and so it's miles continually beneficial to give an explanation for to every body you pull into crypto the challenges with Btc investment.

weiweianll

newbie

Activity: 168

Merit: 0

Compared with traditional finance, the advantage of Bitcoin is very obvious. It is a tool to demonstrate future revolutionary technological innovation.
BTC has risks as well as high profits. The deposit interest of commercial banks is very low compared to the profits of BTC!

Al the Alpaca

full member

Activity: 205

Merit: 100

The Future Of Work

Quote from: MetalGear on July 18, 2018, 06:45:46 AM

Quote from: xuan87 on July 11, 2018, 06:02:53 PM

Bank investment is more secure and there won't be any chance you will losing money, but the interest is small, in Bitcoin the profit is high but it's very volatile and there is a big chance that you will lose money, you need to understand the risk before decide to join crypto investment

Yes you're right, bank investment is more secure but the interest you get here are too small, bitcoin investment you faced lot's of risk cause the value is unstable but if you know how faced all the risk and challenges it's worth it cause you will earn more profit.

Yes, Bank investments are secured and it is a hardware wallet. You will control and monitor your money anytime but in your thousand of money, it will gain an interest of centavos. But in bitcoin, The investments is not like that, Bitcoin is a investment cryptoccurrency that is very volatile in it's price and value, giving the users to buy and sell of it and it will help you to gain money without doing and waiting a lot.

Yucco

member

Activity: 378

Merit: 10

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 very right and I'm sure that your uncle will thank you for that. But also you need to understand the responsibility that falls on you in connection with the fact that your uncle started investing in bitcoin. After all, if something goes wrong, then only you and not the market will be to blame for everything.

MetalGear

sr. member

Activity: 714

Merit: 250

Quote from: xuan87 on July 11, 2018, 06:02:53 PM

Bank investment is more secure and there won't be any chance you will losing money, but the interest is small, in Bitcoin the profit is high but it's very volatile and there is a big chance that you will lose money, you need to understand the risk before decide to join crypto investment

Yes you're right, bank investment is more secure but the interest you get here are too small, bitcoin investment you faced lot's of risk cause the value is unstable but if you know how faced all the risk and challenges it's worth it cause you will earn more profit.

Cowming88

newbie

Activity: 89

Merit: 0

A good decision when you choose to invest on bitcoin than the bank, in bitcoin one thing for sure is that you can earn money from it, once you invest on bitcoin in a lowest price you will earn in a short period of time compare in the bank that your money is just sleeping.

CAPTEZECC

newbie

Activity: 210

Merit: 0

For me I think you did the right thing because I could have done same thing in the same circumstance because it is only a lazy man that puts his money in a bank and expects to be rich with the interest that comes from it.

Juggy777

hero member

Activity: 2646

Merit: 686

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?

Hey you have made one of the best decisions for him, as you can see the bulls are in action already and soon we shall see a bull phase beginning and when that happens who knows your value may almost double, however I do hope you'll hodl irrespective of what happens in short term, and keep a fix value since he's your uncle I'm assuming he's old and will require funds so plan accordingly.

Core.BUSTER

sr. member

Activity: 562

Merit: 250

Quote from: helen28 on July 11, 2018, 03:39:10 PM

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 not even at least 1%.

Like you I also choose to invest in bitcoin than bank investment cause I know in my bitcoin invesment it will grow more profit even have risk. In bank investment you will gain only small profit cause the interest are to small.

Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 12. (Read 1433 times)