Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 6. (Read 1433 times)
I do not understand why put money in the Bank if there is bitcoin. With it, you can earn much faster and more, I'm sure. And banking storage is the last century.
its a crazy move in my opinion, but i dunno how rich is your uncle, if he enough rich i think its okey to put his money on bitcoin, but if his not rich, this can be a disaster if the price is not rising in near future
its best compared to banking system. you get more headaches from banking system compared to cryptocurrency. though each of them has there cons and pros. but bitcoin is safer
I have personally invested in bitcoin and I think I have made a good decision. But I don't think Crpyocurrencies cause headache less than banking system. It's risky and people always check the prices and usually worry about it.
Yes. You made the right decision for your uncle. People need to have more confidence in cryptocurrencies. Now that the price os low is a good time to invest in Bitcoins, which is what you have done. Investing in Bitcoin will give you way more profit over a period of time than saving up funds in a bank. The interest rates are peanuts compared to what the Bitcoin can give. A time will come, which is not too far away when people will begin to reap the fruits of their trust in the Bitcoin. I like your decision and I will encourage anybody to invest in the Bitcoin now.
its best compared to banking system. you get more headaches from banking system compared to cryptocurrency. though each of them has there cons and pros. but bitcoin is safer
Both types of investments have their pros and cons. I invest in cryptocurrency, I also have a small Bank account, I like both types of money storage.
In my personal opinion, you just did the right move. A bold and risky one. Practically speaking, that's the right thing to do. Investing in a bank will only give you a very small amount of interest within a year. But here in crypto, especially Bitcoin, it may gain faster and give you a lot more interest compared in the banks. Just be patient enough and don't be reckless in decision making.
Investments in bitcoin are really more profitable than in the Bank. And you can earn much faster. Therefore, I advise everyone to buy cryptocurrency.
What do you think guys?
I think its not really correct to call i choose bitcoin investment overt bank investment. You don't invest in bank directly, or maybe you do but i think u used words in wrong manner.Altough interesting story i would never suggest anyone to invest in this or this one exception i would choose always bitcoin over any altcoin.
I have never been interested in bank investment. they only rely on interest rates. in bitcoin, I can be more free to determine the value of my investment and the profit that I will get broadly based on the analysis and situation of crypto market.
I'm also more interested in investing in crypto currencies, especially bitcoin, compared to investing in FIAT currencies in conventional banks, even though the risk is more severe, but the profits are far greater than investing in banks.
Of course people will prefer to invest in something that has a big advantage even though the risk is also quite large. everyone knows that saving money in a bank will be quite profitable but there are many rules and restrictions and administration. whereas in bitcoin is very profitable without any restrictions. of course people would prefer to put money in bitcoin 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?
In my opinion, you did the right thing. The price that you got into is not that cheap but not that also very expensive. You could give back his money with 3x ROI. Just remind your uncle not to look at the prices at this bear period because he might tell you to sell those bitcoin because of FUD.
Woww...that is a great decision brother and i wish you all the best in your investment. Never be disturbed by the statistics of the market because it will get better with time.
Like some other people here in the crypto currency that become so affectionate in using crypto currencies other than the fiat currencies, I am one those people too in way here in the crypto currency community. I also choose the path of Bitcoin investmenting my money than in investing it in a bank. Why? It simple, because I can see a huge potential of profit here in the crypto world than in putting my effort, time and money in a bank even how unstable the price in the market of crypto currencies.
Bitcoin investment has been profitable to those who understand and knowledge the crypto market and trends. But For me, i will say i choose altcoin investment over bitcoin investment.
I choose bitcoin investment over bank investment because bitcoin is a lot hotter right now. Bitcoin being so popular right now means there are a lot of potential of profits. Yes bitcoin investment is a lot more risky than bank or fiat investment but I don't mind taking the risk if I know the pay off ia gonna be good.
I'm also more interested in investing in crypto currencies, especially bitcoin, compared to investing in FIAT currencies in conventional banks, even though the risk is more severe, but the profits are far greater than investing in banks.
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?
because investing in bitcoin is very very worth it and you will get a lot of money than banks but in bitcoin it is sovery risky but if you take the big risk i am sure that one day you will becone s millionaire like others. 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?
investing in bitcoin can be make a big profit, but you should know about the risk, the price of bitcoin is changing every time, it change down and up and we don't know about it. so before you invest big money in bitcoin or cryptocurrenciesi think you should know about the risk of bitcoin before you get some losses
I would say to that very good investment strategy is 50/50. On crypto and bank. Many people raise the opinion that banks are being threatened by Bitcoin any other cryptocurrency, but I think banks system are still very important to global economy. However, which is better an investment, Bitcoin or banks, is depends on you and your ability to take risks.
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