Topic: Invest into Bitcoin or bank (Read 1837 times)
I choose to invest on bitcoin than bank, you know why? because i believe that there are more future on bitcoin than at the bank in terms of investment. Bitcoin is not waiting you for so long to earn profit compare to bank that even too long of holding it is not giving you a big profit.
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
It's your choice. Anyway, you should know what are you doing, whatever the choice is. I would probably invest that money in BTC now. It's not big amount, and it is good time to invest in BTC.
Yes. Now is the right time to invest in bitcoin as the price is still in the 6k USD level. And I also agree that it's a good moved to invest here rather in banks because the profit can we obtain is much low and too long to gained. While in bitcoin it can gained easily and immediately.
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
It's your choice. Anyway, you should know what are you doing, whatever the choice is. I would probably invest that money in BTC now. It's not big amount, and it is good time to invest in BTC.
Yes. Now is the right time to invest in bitcoin as the price is still in the 6k USD level. And I also agree that it's a good moved to invest here rather in banks because the profit can we obtain is much low and too long to gained. While in bitcoin it can gained easily and immediately.
I prefer to invest in bitcoin. Invest into bitcoin is the most appropriate choice. If you want to earn a lot you need to be risk takers so I rather invest in Bitcoin because of the high returns rather than on the bank that give a small interest and have a tax as will.
It is quiet difficult to explain how digital currency works to adults. But I think you can strike a deal with him and divide the money you have into two. Invest half in the bank and the rest in bitcoin. Then after a year, check the intrest that both recieved then compare and choose which one givea higher returns.
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
I would say that you can show him an example of a successful bitcoin investing from among other people, and maybe this will convince him that bitcoin is worth it to invest in it. 
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
It's your choice. Anyway, you should know what are you doing, whatever the choice is. I would probably invest that money in BTC now. It's not big amount, and it is good time to invest in BTC.
Your uncle has more experience in life than you do, and he knows better which one is best to secure his money. So you should follow what your uncle wants and do not follow your emotional thoughts that might hurt you. Because bitcoin investment is very risky although it looks promising big enough profit, whereas when you put your money in bank indeed the profit is very small but you will avoid the risk of either loss or loss when the theft occurred.
Certainly bitcoin, no bank will give you such fast and impressive devicants as Bitcoin
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
Before you invest in Bitcoin, you need to understand the crypto market. I think you should deposit your money into the bank and then explore the knowledge of the crypto market. If you have the knowledge, you can invest in BitcoinI have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
Tell him the potentials that bitcoin can give and not the bank can offer. For an instance in bitcoin you can earn more profit and such. At the same time you can get you money if you need it urgently when you invest in bitcoin. Moreover the bitcoin value is increasing therefore this is th perfect time to invest. He may not know what the bitcoin can give because he lack knowledge therefore give him what he needed.
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
show your uncle those who have succeeded with bitcoin and explain the bitcoin rising chart since it's popular, or if your uncle still refuses then the way out is you can split your money for investment in the bank and in bitcoin, and show that BTC investment is more profitable.
In my own opinion split your money the $1000 for bank and the $1000 for bitcoin. But remember bitcoin is risky and dangerous because no one can predict the bitcoin so be careful and don't invest all your money in bitcoin invest only what you can afford to lose. But its your choice it is only my opinion.
if you understand Bitocin and Investment - you can invest on Bitcoin, but if the investment thing is not your "thing" - you better go with banks.
I think investing in bitcoin is more profitable than savings in the bank. The bank only has a small interest rate and you can not get more profit from the bank. I think it is better to invest in bitcoin because it is already tested but you should be a risk taker and can invest in bitcoin positively....
Investors continue to dive into cryptocurrencies, either to experiment with the new technology or at least hunt for massive returns. But all that money would probably be better off invested elsewhere. therefore i recommend you invest bitcoin or other crypto currencies.
Although investing at bitcoin it should be risk than to invest the bank but the essence of investing in bitcoin gives you an extra-ordinary income than to invest in the bank ,because invest in the bank gives only you 2% percent per year depend upon to the kind of investment ..but bitcoin would increased almost 50 % profit if the price will peak ,
Investing into btc to me is more secured than investing at the bank so I will never invest at the bank. Moreover they inturn give you interest which you will never like
To convince him you should tell him the flexibility of bitcoin and the profit you might get from it. You could tell him that bitcoin can be used to pay a plethora of items in different stores be it online or not and that there is a season where bitcoin reaches a peak where you could get a big profit.
It is not surprising that your uncle would prefer you investing your money to a bank. In their generation and time bank is the supreme firm where you want all your money to be invested, they have the notion that bank can keep their money and that the banks are the firm that will last long. On the other hand we on the digital age would really know where to invest nowadays, what you must accomplish now is to make your uncle understand the difference between the bank and crypto currency. Provide him facts and proof, research and present it properly to him why you want to invest in bitcoin and crypto currency. Best way that I think is that present how secure bitcoin is and also how fast you can earn compared to bank investments.
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