Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 4. (Read 1433 times)
There are positive and negative impacts that might happen in the future and I know you knew that already. And yes, he agreed on taking the risks as you have explained to him. Therefore it is not your responsibility if he lose most of the money. To tell you, that money is huge and I hope you will be able to make profits in the future rather than losing. Just encourage your uncle and believe in the BULL.
You've choosen a more risky move here so you need to be realy careful and play with cold blood. We don't know how will the situation with Bitcoin look like in the upcomming months but I you wait long enough it should be fine.
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%.
A very good choice. And yes it's true that bank only gives you a minimal interest.
Investing in cryptocurrency is a risk and I hope that you told your uncle about the risks of investing your money in bitcoin. I also hope that you will not lose the money that your uncle gave you because that is a huge amount of money. Perhaps you should have put some of it in the bank because $20000 is no joke and a money anyone cannot afford to lose. Good luck on your investment man.
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?
Pretty big balls to gamble other people's money. I get you, but to take on the risk of actually losing a lot of money in the process is too scary, even for me. I haven't been investing that much but I only invest safely with the money I'm willing to lose or even my spare change. But never ever risk everything on something very unpredictable.
in my opinion i choose bitcoin as investment over bank fixed or long term deposit investment , because in banks maybe they give 1% interest for 1 month or 6% over all interest for a year as example i feel bitcoin gives me more X% money in a year if i invested in bitcoin my money i feel my investment is safe and secure in bitcoin assets i feel bank also safe and secure my investment . But ROI is more in bitcoin over bank i feel it . Thats why i prefer bitcoin investment .
He did everything right! banks now themselves invest in crypto currency! why do we need mediators? I believe that now is a very good time for investment, a year later your $ 20,000 can be invested in 100,000 dollars!
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?
I think you have the right choice . Investing Bitcoin with that amount Will double it in the future rather than to stick them in the bank. You just need a proper Monitoring to protect them from the scammers. Bitcoin investment is better for a long term investment .Storing the value of your money with a lot of patience. Waiting , as the value of Bitcoin increases by years. It might be proper to ignore the volatility of Bitcoin in everyday charts. It really takes time.
I it actually depends on the person, i know some people are happy with 2% interest in bank deposit, because they know it is safe in there, and some people aim for big profit and buy bitcoin, which might give you a big return but as well as you might lose money, due to volatile market.
Bank deposit is also a good thing, and take a little bit of bank interest and invest in Bitcoin is reasonable. Because this market is so new, there is no guarantee that there is no risk.
I like your confidence. At least it feels good to know there are still people out there who believe in cryptocurrency. Your bargain is a really risky one. But the deal, as many already identified it, is that the higher the risk, the great the benefit. But I do not subscribe to taking the risk with someone else's capital. If the money was yours, then with your knowledge of the crypto system, you'd easily take responsibility for your decision. But the case might not be the same for your uncle. I hope the outcome is merry anyway. Good luck!
At present, I want to ask you that you are still making a profit on your investment? The market fell dramatically, investors worried and scared, panic people, selling everything that made the market worse. I believe that the investment you still hold up to this point is losing money.
I fully share your opinion and I think maiking deposits on banks is unnecessary. Percentage interest rates and terms are very unacceptable (at least in my country), and this makes all deposits no make sense. I think you did a good favour for your uncle. 
Investment goals are to get big profits and of course in a short time, bitcoin investment is more promising than bank investment because by investing in bitcoin we are easy to get profits up to hundreds of percent per year, while bank investment is not more than 20% per year.
I think that is the right choice if you want to get big profits, and of course you are ready to face the risk of loss that you might receive. But as long as we are able to withstand emotions and are not affected by predictions and remain patient in waiting for price increases to gain profits, then most likely we will succeed in bitcoin investment.
I prefer cryptocurrency as an investment rather than investing in a bank because of the percentage level. Where you can never get 500% per month in investing in a bank. So bitcoin investment has greater profits. 
You are right, I agree that we could earn huge profit in investing in bitcoin compared to bank but sometimes huge investments can also lead us to huge loss if not properly handled.
I prefer cryptocurrency as an investment rather than investing in a bank because of the percentage level. Where you can never get 500% per month in investing in a bank. So bitcoin investment has greater profits.
Crytocurrencies are very volatile and i would have advised you to invest 50% of that funds in the bank and 50% of the remaining funds in bitcoin. This would have been a good strategy so as to protect the funds of your uncle while chasing potential profits. This is my own take
There is some risk invest bitcoin than invest in bank. It is your choice. if you did this before 4 or 5 year you are a one of billionaire. to get success we should have take risk. I think today your decision will be proud you tomorrow. Best of luck bro..
People who can be considered fans in cryptocurrency investment, found out new opportunities and take risk to invest in this new modern type of investment after crypto market kept breaking one record after another during the year end span of 2017 up to early 2018. Many has been inspired to invest in this mainstream digital assets now rather than in the bank which offer only quite small ROI annually. So it is quite a great decision to invest on crypto now rather than on banks, the only thing we need is good timing and basic knowledge and understanding about this new technology to fully appreciate how can we be successful in this field.
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