Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 14. (Read 1433 times)
maybe yes I think for now it is still need both and also still hanging each other of course in the case of daily finance that still use money sheets.
Bitcoin investment is better if you really want to earn profit in short period of time, but it takes risk and enough knowledge and skill to use bitcoin to be able to earn profit. Unlike in bank investment, your money will get stocked in bank and will take long period to be able to get some interest, but bank investment is good if your purpose is to save money only.
It's better to invest in bitcoins because it's a good one and only quickly sends transactions to another wallet, but I think it's also risky to store money in bitcoin because the price has fallen too far now.
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?
It was a very gallant move you have done. Now you have the chance to double up your money or even get a return higher than that, depending on how high bitcoin would soar up this year. I just hope that you have consider all the risk factors and studied all the counter strategies to avoid panic. Let us keep on trusting this technology and become wiser as we go deeper in to the cryptomarket. 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?
crypto is very risky. there are times were the outcome of our actions is not the thing we expect. you should told him the good and bad side of bitcoin to decide which option he will take and so he can't blame you. if he can afford to lose it then it is okay but if not take it out. people always said it here that do not invest what you can't afford to lose.
Thats right! Before investing on bitcoin, you should study all about it, so that when something happen then you know what to do. Investing on bitcoin is taking a high risk, because bitcoin is too risky. We know that bitcoin is volatile, so when you invest, you need is patience, because bitcoin takes time to increase. But taking a high risk is taking a high profit when it increase.
I choose also Bitcoin investment than bank investment, the advantage in bank investment are the money is secured from anything nothing to worry for the security investment going to be hack
You have a better decision! Meanwhile, Bitcoin is on the floor and many investors are expecting that its price will hike when fourth quarter comes on. Your decision is good because you can manage your capital in bitcoin than in bank investment. In fact, you can trade also in other cryptocurrency if you have many profits in your bitcoin investment.
Bitcoin or bank investment is equally important, depending on how you manage both. If you prefer bitcoin then continue, but remember all investments have risks.
Well done. Your making a good decision. Because I also thinking that if we are investing thru banking our money will sleep in a long time period but it will gain a small amount of money. Unlike bitcoin investment. In a short time period you have the chance to gain more profit .
I would rather invest in a bitcoin investment than bank for we all know that in bitcoin we can earn more than what we invest than in bank whatever value we put it will never grow. In bitcoin in just a short span we can gain more in bank even a .01 you will never have.
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 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?
Unlike international bank transfers at the time, it was low-cost and almost instantaneous. An added benefit for merchants (less so for users) was that it was irreversible, removing the threat of expensive charge-backs.
Well done. Your making a good decision. Because I also thinking that if we are investing thru banking our money will sleep in a long time period but it will gain a small amount of money. Unlike bitcoin investment. In a short time period you have the chance to gain more profit .
Actually the best decision is ours. If we believe bitcoin investment is more profitable then you can choose it. But if you are hesitant in investing bitcoin then you should not do it. Whatever investment you choose, you should seek knowledge and knowledge about the investment that you will take. You can weigh how the benefits and how the risk. You can do that before you invest. Lest you choose an investment that you do not understand in depth. Do not let you follow the investment just because it affected the issues brought by most people. In my opinion, most of these issues have a negative effect that could lead to wrong decisions.
Crypto market is very risky, there is still a lot of volatility and uncertainties, and however much a market with everything to go right it is risky to invest everything in it, because if you make the wrong choices can have a huge loss.
crypto is very risky. there are times were the outcome of our actions is not the thing we expect. you should told him the good and bad side of bitcoin to decide which option he will take and so he can't blame you. if he can afford to lose it then it is okay but if not take it out. people always said it here that do not invest what you can't afford to lose.
Bank investment would get you only a fixed profit, on the other hand, cyrpto investment, although a bit risky, can get you huge profit, so you have probably taken the right decision.
We also invested all the money in cryptocurrencies. But, we did it all at the wrong time! Against the backdrop of promises and forecasts about the growth of bitcoins, we were ambushed(((((When the rate was 18 000$, we were afraid that he will rise even higher. And when he dropped to 10 000$, we bought. In the hope of a jump in growth. And now, the rate hangs on 6000$ and we understand that we did not get into the flow. The most offensive that first bitcoin we also sold long ago, when the rate was 800$. In general, so in order to invest in the crypto, one must either have a lot of money, a lot of patience, or know exactly the trend of the course. Be careful!
Rule number 1: Never give advice to your relatives or your best friends how to invest money. I always obey this rule, you won't know what will happen to you tomorrow man. You can do whatever you want with your money, but with someone else's money, it's trouble if it doesn't go in the way they want!
So, trade wisely and keep safe man.
Happy trading!
So, trade wisely and keep safe man.
Happy trading!
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%.
I am agree with you. If you willask me I would rather choose bitcoin investment over bank investment because in bitcoin investment you can have a huge interest but it depends on the market price of bitcoin while in bank investment your money can grow in a cents. It can be grow if it only stock in many years in the bank.
It is good decision as bitcoibn can give big profit after some time. But there is also a risk that the prce can fall down. It's a good call but i think it is better if you split that money 50/50
Well, we have the right to make our choices and I believe you have just made yours and I hope you did so after doing due diligence. Many people will have varying opinion concerning this but I believe everyone's choice should be respected.
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