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Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 15. (Read 1433 times)

sr. member
Activity: 600
Merit: 250
Indeed bitcoin investment promises a considerable profit when compared with banks. But you also have to understand that bitcoin investasi contains a considerable risk, while the bank does not. For that it takes patience to wait and hopefully bitcoin prices will go up as you expect so you are happy with your choice.
newbie
Activity: 168
Merit: 0
My in fact you made a good choice for your uncle. i pray that is not all his life earnings else incase of anything he might lose all but trust your courage. Bitcoin is the best investment for your uncle.
full member
Activity: 476
Merit: 100
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?    
This is definitely the better choice if profit is to be considered. Banks do not give out much interest for their clients' accounts. Interests with bank accounts may even be less than mediocre after each year! See, the main purpose of banks in reality is for safekeeping and not for investment. Which is why investing in Bitcoin for profit is a much better choice since it will surely generate a much greater profit at the end of each year.
sr. member
Activity: 1036
Merit: 275
As long as you know what you are doing, then i think that this is more than a wise investment and you are doing the best thing in here, just keep doing with the good job
member
Activity: 70
Merit: 10
It all depends on your time horizon. If you can wait long enough investing in BTC is surely much better than any banking investment. But if you'll need your money at some point, then you may get a problem if that would happen during a bear market.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
I choose bitcoin investment over bank investment because even if it is risky in the bitcoin investment butvI look forward of much higher gain than the bank investment because in bitcoin investment ,you are the one who will manage your own investment and you will know ,when and where to transact your investment ,so that it will profits higher gains than with the bank.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
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?    
at least he already know what risk behind invest in cryptocurrency, if in Bank at least your investment still safe and volatile problem is not come. it is better to do some research first than do something like this without any experience
sr. member
Activity: 1512
Merit: 326
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.


investing in crypto can indeed generate huge profits if it continues to trade securely with a definite profit compared to investment in the bank.
because in bank " security and profit warranty but surely also there very low risk " but profit in bank really not much for 1 year in my country around 8% a year not include the tax . so yeah crypto much better but risk more bigger tough. depending on the nature of individual trades.
legendary
Activity: 2604
Merit: 1036
OP I don't know what bank your uncle is using but 10% interest in 1 year is incredible. Mind sharing where you are from and the name of the bank? I will immediately hop on a plane and open a long-term savings account there. As for your Bitcoin investment, I think it's risky to put all your uncle's eggs into 1 basket. Bitcoin is very volatile and your uncle might need to wait quite some time if things go south. What if he needs emergency cash and you have to sell Bitcoin at a loss? Diversified investment portfolio is a better option with less risk involved.
jr. member
Activity: 140
Merit: 6
The best you did was explaining the concept of how it works to him and also the advantages and disadvantages as far as bitcoin is concerned. Overall your uncle has made the right choice.
jr. member
Activity: 125
Merit: 2
Well, I think it is good to have such a trust in crypto investment and hence linking it up with your uncle. However, you should always know that in crypto, you can predict the market trand and so it is always advisable to explain to anyone you pull into crypto the challenges with Btc investment.
member
Activity: 364
Merit: 10
This will be the best investment your uncle has ever made. And since you made him known the risks in it I think that is very good. He will surely thank you some days to come.
newbie
Activity: 177
Merit: 0
Upon explaining what bitcoin investment is and the advantages and disadvantages of it to your uncle I think you did a good job. Never will he regret investing in btc trust me.

I think you did a right decision, choosing bitcoin over bank because it give you a huge of profits that bank can't give. Risk is always there either in bitcoin or bank that is the twin of investment. So, all you have to do is monitor every now and then.
member
Activity: 392
Merit: 10
CurioInvest [IEO Live]
Upon explaining what bitcoin investment is and the advantages and disadvantages of it to your uncle I think you did a good job. Never will he regret investing in btc trust me.
jr. member
Activity: 266
Merit: 4
CurioInvest [IEO Live]
One of the smartest move a man can take is choosing Bitcoin investment over Bank investment because Bitcoin investment is better and more profitable than the one offered by the banks if only you understand the concept of the crypto market and know when to buy, hold and sell to make profit.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
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 think never invest your all money on any online platform so you can invest 30% money on online platforms like as buy bitcoin and other cryptos asset. Nowdays people afraid to invest money on online because you are not totally secure but a bank can give you full security. People invest money on bitcoin they can easily earn money and get huge profit with short time but bank gives law profit.
member
Activity: 560
Merit: 17
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?    

first of all , which bank is going to give you 10% return on your investment?!
This sounds to good to be real.

If one is in for the long run, i would prefer btc but one year prediction could not be real in the end.
newbie
Activity: 67
Merit: 0
If you explained everything to your uncle and told about the risks of investing, then I think that you did the right thing. I, too, tell all my relatives that I need to join the crypto currency market, since this is the future of finance.
sr. member
Activity: 868
Merit: 257
YOU made the right choice. The times that we invested our monies at the bank at a smaller interest rate is over. Bitcoin gives a pleasant impact on our investment. Grow your wealth with bitcoin investment Grin. Just be patient, follow the market and cash out at the right time.
Yeah, you are right, choosing bitcoin for investment has great cause there your investment will be grow in high profitable income and your wealth it will grow that brings successful and financially stable in the future, but one thing you need in investing in bitcoin you need be patient to wait the perfect time for bitcoin. In bank investment you will gain only small amount of interest per annum it's better to choose bitcoin investment.
sr. member
Activity: 518
Merit: 250
You really made a great step for your Uncle.  Even I hope too, One day your uncle will be very happy for you. Investing in crypto is more profitable than an investment in Bank. But crypto has hacker fear. That's why you need to keep that big amount very secure. Good Luck
I think your uncle are proud of you. You have great decision to make decisions to choose investing in bitcoin than investment.  Investing in bitcoin is more profitable but always think safety first cause the hackers are always there, you need to secure the big amount you have.
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