Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 5. (Read 1433 times)

Bitcoin offers volatility.
And with enough patience and good timing you can take advantage of a pump and make profits.
Bank investments offers stability and steady growth, it us not quite as volatilite and the returns are not quite as high as the (potential) returns in crypto.

I always advise you invest only as much as you can afford to lose in cryptocurrencies.

Same here, I also prefer BTC over banks. Banks give very low returns. BTC is a great tech. with future. Purchasing power of the money that's saved in banks gets lower over years. However purchasing power of BTC keeps on increasing.

if you are looking for high reward other cryptocurrencies have your back but high reward is also high risk.

It is a risky decision but it can be so rewarding. Investing a huge amount like that will be very risky, good thing fate comes into your hands and those green days occurred. If I were you, I would divide that in two and I will invest on both bank and bitcoin so that whatever happens in bitcoin, I still have 10,000 usd remaining that will have a potential 1000 dollar interest.

high risk high return. You can lose all the money you have with bitcoin   but you can also earn double

Wow, that's a really nice example of persuasion and I am glad you managed to make your uncle's mind about investing in btc.
The market is cyclical and the red days should end some day making us millionaires 

Well done convincing your uncle to bet on the future than the past. I still would think about splitting the amount and put 50% in conservative investments and 50% in Crypto. In the worst case he has some opportunity costs but giving the volatility and the long duration of the bear market, your Uncle might sleep better if not all of his investment is in Crypto.

Yes.
Bitcoin investment is preferable than bank investment...reason being that, banks return on investment are too poor while bitcoin return on investment can be very huge.

Currently, some banks still do not accept bitcoin transactions so if you choose to invest in bitcoin then you can go through some of them so you will be protected against hackers as well as hackers. That will guide you how to trade

Indeed, bitcoin investment provides considerable profits, while banks are very small in profit, but bitcoin investment contains a large risk of loss, while banks will not be at risk of loss. Everyone has their own view of how they manage the money they have to grow more. But in my opinion if we really understand well about bitcoin, and know the risks of bitcoin investment and understand how price changes occur and factors that can influence it, then I think bitcoin is the most appropriate place for us to invest and make a big profit.

Yeah, you will get a huge profits If you Invest In bitcoin for a long-term rather than bank Investment, but In bank you will get the expected amount of profit you will earn by the time you will take It, while In bitcoin you cannot predict how much you will earn after several years you hold It.

That was a wrong decision. If you want to invest in bitcoin without having your kidney information exposed, then you should go to the big trading markets in the world. If you invest in Bitcoin through a bank, you will probably be disclosing personal information about yourself, and anyone who knows us.

To the extent I'm concerned, you've made a decent call. Of course, the market goes all over, digital currencies are unstable, yet in the event that you normal the cost over a more drawn out timeframe, it goes up relentlessly. The main inquiry is to what extent your uncle will endure before getting the money for. In the event that he is tolerant and can bear to pause, one year from today he may twofold his venture. No bank can give him that ROI.

know in the exchanging framework there is additionally a misfortune, I recommend you can provide guidance to your uncle if this business can lose. since I see that your uncle needs a venture that truly can become the current capital.be watchful not exclusively to find regarding benefit, know the hazard that will happen.

Well that is extremely a smart thought yet anyway it is somewhat unsafe contrast with sparing your cash in bank since you can guarantee that it wont be lost yet youll just win little profit.In bitcoin you can win huge benefit yet I would spread to everybody that you contribute to bitcoin in light of the fact that we as a whole realize that bitcoin esteem is unstable so it might rise or tumble now and again so much better in the event that you will be the one to contribute on it first and once youll procure enormous benefit then that is the time youll spread it out yet in addition advise them that bitcoin is dangerous.

You extremely made an extraordinary advance for your Uncle. Indeed, even I trust as well, One day your uncle will be extremely upbeat for you. Putting resources into crypto is more gainful than an interest in Bank. Be that as it may, crypto has programmer fear. That is the reason you have to keep that enormous sum extremely secure. Good Luck

I will definitely choose bitcoin over bank. Not just for the profit but how easy it is to use no need to go for over the counter transactions and if your uncle understand the risk on par with investing in bitcoin. It is a good choice investing the money on bitcoin

I think its the best choice,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.

I will also choose bitcoin over bank investment. Reason being that bitcoin investment always bring huge return than bank investment. Bank investment is like when someone is cooking corn. The return is virtually low but bitcoin investment is like cooking rise, the return is always many.

I think we shoul know first the advantages and disadvantages of investing in bitcoins rather than banks and also we should know their difference, like in banks your kept money they use for invest will grow with a percentage this matter is also have in butcoin however in bitcoin it may go up by rising its price, or go down by sliping its price. So as a conclusion, we should know first the difference and where to invest with a sure of gaining profit.

You made a great step mate. If someone has enough patience and courage then they should invest in bitcoin over than bank investment. Bitcoin is not bubble what people say, a lot of hodlers are suffering but by hodling a lot of people become a millionaire. Best of luck with your investment.

I have been screwed by banks which led to me losing a lot of money. Now I too prefer to invest in crypto, at least if I lose it will be only my fault.

Choosing to buy Bitcoin instead of putting it in the bank is a very good choice. We may not know what will happen, all they saying that Bitcoin will be $100,000 by the end of this year, but all of that is just predictions. Whatever happens, even if Bitcoin reaches below $1,000 (definitely those critics will laugh at us), I will still choose Bitcoin over banks.