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Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 3. (Read 1433 times)

newbie
Activity: 180
Merit: 0
Bitcoin is an investment that has a high risk and high revenue. So before investing you should know with certainty that we can never be 100% guess bitcoin price in the future. However I support your choice, current prices were declining and this is indeed the right time to invest.
newbie
Activity: 96
Merit: 0
Investments in the Bank are different. If you compare with the contributions, I agree. And if with investments in securities, I'll bet. Experienced investors will certainly choose securities than cryptocurrency. But I think it's better to start with crypto.
newbie
Activity: 73
Merit: 0
it's a good choice bro, but I hope you also have considered the risks because $ 20,000 is quite a lot of money. we all also hope that bitcoin will return to its peak later this year, but the future is very difficult to predict, but I'm sure the opportunity for bitcoin is huge this year.
full member
Activity: 257
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 $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    
As for me personally, I'm trying to diversify my investment into both of those areas. Maybe banking investment would be less profitable but it is indeed more stable and promising. It has some guarantees.
full member
Activity: 406
Merit: 100
Everyone how has any clue what crypto is and know how to invest should seriously consider it. The returns (and risk as well) are a lot bigger than in traditional investments. Just take a look in 24h diagrams, highs and lows are almost always a 1000$ difference. If you jump in at a right point and stay patient enough you can make a decent profit even on a daily basis. Probably more than you would make in a year with bank investments.
hero member
Activity: 2282
Merit: 659
Looking for gigs
I honestly think there is nothing wrong about choosing BTC over bank for your investment. Although both of them are good investments, it’s just that Bitcoin’s volatility is much higher whether it could go high or low. Everything has a risk involved, and we should be responsible for it. At the end of the day, it is all about how we view and manage it, as there’s no such thing as successful people if they are afraid of taking risks.
member
Activity: 357
Merit: 10
But make sure that you will earn not losing your money,but overall for me its better to invest your money in bitcoin compare to banks because bitcoin price every year was getting grow and its own community was getting to increase quickly.
newbie
Activity: 54
Merit: 0
I choose bitcoin because the global economy is inevitably moving towards a digital eco-system.
Banks may go bankrupt. They simply tell you “sorry, there is no your money”. The point is that any of your assets at any time may not be yours. The state does not guarantee the safety of your money. The Government requires you to keep your money in the banks, and your right of property in the public registers. People naively believing that there is no any alternative.
I believe, in the future, blockchain technology will become an immutable mathematical guarantor of the preservation of property and economic freedoms.
So we can say the bitcoin is a really cool investment and it is growing rapidly.

jr. member
Activity: 340
Merit: 1
I chose bitcoin to invest in even they say bitcoin is inconsistent and unpredictable, though for me bitcoin is the easiest way to invest in unlike banks with interests rates although bitcoin is a free interests rate. and for me, bitcoin is the easiest medium to join and make a profit many easy ways. You have all the options to choose from.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
Frankly speaking, I would have not suggested to invest everything in crypto. The market may fall more than 50% in no time and big investments like that will hold more risk. Buy only the top coins and keep more than 50% in the bank will be a better choice.
full member
Activity: 378
Merit: 100
Adoption Blockchain e-Commerce to World
He does not know much about crypto and he's not risky, that's understandable. When you learn about crypto, you will see the benefits it brings to decide whether to risk or not
When you decide to invest in crypto, you only have two choices: your money will increase or disappear. Because price movements are very fast, from red to green or from green to red. The element of speculation is bigger than the bank. If your money is held in a bank, the profits are small, but your money will never be lost. In my opinion, the safest way, half is stored in  the crypto money and half is stored in the bank.

I really agree that bitcoin investment are more profitable over bank investment. Bank investment and offers a safe but not so high profit in return. While bitcoin investment offers a riskier product and services but a higher income in  return.
newbie
Activity: 33
Merit: 0
He does not know much about crypto and he's not risky, that's understandable. When you learn about crypto, you will see the benefits it brings to decide whether to risk or not
When you decide to invest in crypto, you only have two choices: your money will increase or disappear. Because price movements are very fast, from red to green or from green to red. The element of speculation is bigger than the bank. If your money is held in a bank, the profits are small, but your money will never be lost. In my opinion, the safest way, half is stored in  the crypto money and half is stored in the bank.
newbie
Activity: 182
Merit: 0
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.
jr. member
Activity: 86
Merit: 1
Investing in something that might disappear soon. that's not a very sensible idea. The banks of course have any kind of guarantee about Bitcoin, I sure do not.
member
Activity: 350
Merit: 10
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?    

Yes, I think that's the right choice. it's amazing when your uncle agrees to invest his money in bitcoin, because, usually, it's very difficult to convince non-technical people to invest in bitcoin. all right ... good luck, and hopefully you and your uncle can get even more profit.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
Yes i too prefer bitcoin investment over bank investment. you made the right choice investing the money into bitcoin as in a twinkle of an eye, you get to make massive profit. Though the price of bitcoin is unstable at the moment, we strongly believe in no distant time things we go back to normal and we will see the price of bitcoin rise even beyond our imagination.
sr. member
Activity: 1232
Merit: 250
That's a terrific strong high-risk determination anyone built. It can be using bitcoin purchases are certainly not quite dependable nevertheless are generally more effective as opposed to dependable gives provided by your finance institutions. My spouse and i applaud your own preference along with would like you good luck.

High risk with high return potential, a risk if taken and successfully gets a return as wished, then its a better choice. But if one doesn't have the guts or fears the risk of losing it all, then it's an intelligent movement to choose both. Bank will not give you a high return, but it won't give you a heart attack or tension either.
full member
Activity: 448
Merit: 100
That's a terrific strong high risk determination anyone built. It can be using bitcoin purchases are certainly not quite dependable nevertheless are generally more effective as opposed to dependable gives provided by your finance institutions. My spouse and i applaud your own preference along with would like you good luck.
member
Activity: 198
Merit: 10
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 am doubting between those two because eventually banks are offering the guarantees that you will take your money back in the amounts that you have put in and not less than that.
copper member
Activity: 420
Merit: 2
It is a not bad idea to choose bitcoin investment over bank investment but that is supposed to be done by your money. It is not always guaranteed that you are gonna make profit as soon as possible. Sometimes you have to wait for long and your uncle might not have that patience
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