Topic: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT - page 9. (Read 1433 times)
You did good the ROI in bitcoin will be great if indeed what we expect in bitcoin price really goes up already, it may not even take a whole year for you to return his investment. Another posibility that you could have done is by investing in other investments not only bitcoin that can give you good ROI.
in bank investment its solid investment and no chance of loss. In crypto you can also get loss and to avoid loss you must first study the project in which you are going to invest .
that is a very bold and good decision bro because you could have only earned just some few amount of income by investing into banks why they take the larger portion of the income that was generated from your principal amount. I have stopped running investment with the banks ever since i got to know of cryptocurrency investment.
I am currently new to bitcoin but as my friend always thought me, if you are going to a business you should have different incomes so that you may escape possible bankruptcy, not that i am telling you that bancruptcy is for certain but investing your money on one business alone makes it unrecoverable if in case it fails.
I know I did the right thing and he will surely laugh some days to come. What do you think guys?
For me, you have a good choice, but you should explain first to your uncle what will happen if the price of Bitcoin will dump or pump, you should accept consequences of investing in cryptocurrencies, because we all know that cryptocurrencies are very volatile, so you need to strong hands. Good luck!
There is no doubts about the fact that Bitcoin investment offers better returns than what the banks offer. With the banks, it comes with restrictions such as not being able to withdraw your money for some months or years as it is regulated by a central authoritative third party. Bitcoin investment is owner controlled and in that you can withdraw at anytime, anywhere internet is available.
hmm, i think it would be better if rather than fully investing it to bitcoin alone you shouldve tried to invest it in some things to like stocks and some sort. it is for diversity and should give you little less but more efficient earnings rather than cryptos alone.
I know I did the right thing and he will surely laugh some days to come. What do you think guys?
For me, you have a good choice, but you should explain first to your uncle what will happen if the price of Bitcoin will dump or pump, you should accept consequences of investing in cryptocurrencies, because we all know that cryptocurrencies are very volatile, so you need to strong hands. Good luck!
i myself also choose bitcoin investment rather than putting it into my bank because in bitcoin your capital will grow and get big profit from over time . or in juts a short time , but in bank it takes year to earn 0.25% of your total capital . But n bitcoin you must take the risk because not always pump it usually gets ump so get enough knowledge before investing in bitcoin
You must understand the risks that you will face from each investment that you will choose. Thus you can determine strategic steps to reduce the impact of losses. Well, investing with cryptocurrency is quite profitable and its development tends to be faster, but it really depends on your analytical capabilities and market conditions, because cryptocurrency prices are very volatile. Investments with banks have a clear guarantee of security and legality, so, the decision is your own.
Bitcoin is more open and transparent compared to bank investment. You make profit more than bank investment. You have access to your marketing you can monitor to know how the market flows as to know whether you are at profit or loss so as to know when to invest. The banks gives little or no profit
I get it that u want your uncle to get something better, but you should also consider the fact that you don't determine the market.
But do not panic, cause you've also done your uncle good. More profit when Bitcoin go green compared to the bank investment.
But do not panic, cause you've also done your uncle good. More profit when Bitcoin go green compared to the bank investment.
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 also choose bitcoin rather than bank investment, since crypto market is volatile you can easily make profits but you really need to take a risk. Obviously banks only give a bit interes thats why other people prefer to invest in bitcoin, yes its risky but you know in the end that you risk and its totally worth it. 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?
Bitcoin really gives a relatively short and large percentage of profits compared to banks. although the possibility of loss is always in all investments like this.
and then now just let users themselves who determine their financial management just be wise and realistic with their value investment .
and then now just let users themselves who determine their financial management just be wise and realistic with their value investment .
Investments in banks do not really pay anything significant, the interest they pay often time gets eaten up by inflation. Cryptos pay more (although riskier in most cases)
Crypto market is really volatile so you can make profits faster and better... But you have more and more risks than the bank investments.
If you're ok with that, go ahead
If you're ok with that, go ahead
I hope you did the right thing but there are so many risks also there because we can't predict market condition If market fails you lose much amount of money :-(
But we need to get risk for everywhere. Do what you love but be sure you have to your own risk
But we need to get risk for everywhere. Do what you love but be sure you have to your own risk
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%.
Like you I choose to invest in bitcoin than bank investment, cause my investment in bitcoin it will be grow in high profit than bank investment. Bank investment your investment here it will not gain high profit like in bitcoin cause the interest of bank investment is too small.But no body has signed a contract to give you that profit. You should also consider the risks. Many people invested in bitcoin to get rich easily. But they left the market after losing their money.
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%.
Like you I choose to invest in bitcoin than bank investment, cause my investment in bitcoin it will be grow in high profit than bank investment. Bank investment your investment here it will not gain high profit like in bitcoin cause the interest of bank investment is too small.But no body has signed a contract to give you that profit. You should also consider the risks. Many people invested in bitcoin to get rich easily. But they left the market after losing their money.
I really appreciate your decision because you choose a great source of investment and also your timing is really good because you can buy it in low price.
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