Invest into Bitcoin or bank - page 10.

mersal

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Activity: 1204

Merit: 38

Quote from: tobreak007 on July 22, 2018, 04:20:09 AM

Please give your uncle to split the deposit in half, partly invested in Bitcoin, another part is invested in the bank. Therefore, you will not insult your uncle and follow his advice and you will have something to rejoice. They just need the ways in which they can feel, the ways in which they have gone through their whole lives. So I would say the risk is worth it

Yes that is actually a good thing,split it into half and invest one into bitcoin and another into bank deposit,then after a while like in one year just calculate the prfits of both and which one will be higher is the best.I bet you the bitcoin will give you high returns,even though you just try it.

tobreak007

newbie

Activity: 28

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Please give your uncle to split the deposit in half, partly invested in Bitcoin, another part is invested in the bank. Therefore, you will not insult your uncle and follow his advice and you will have something to rejoice. They just need the ways in which they can feel, the ways in which they have gone through their whole lives. So I would say the risk is worth it

kimjongun92

newbie

Activity: 32

Merit: 0

Banks are slower but still safer. The better idea I can think of is doing the same. So why not save some in the bank and invest the rest you can afford to lose. This can ensure that you still have your money no matter what happens.

BrockKerrigan

newbie

Activity: 2

Merit: 0

If bitcoin is not your main job so I think you should invest into bank. The reason why I tell you that because invest in Bitcoin take many time and it's not certain to earn money as investing in the bank.

2beAmillionaire

newbie

Activity: 78

Merit: 0

For me,i prefer to invest in bitcoin than bank. Because,you can't earn too much in bank,unlike bitcoin. Although,in bitcoin investment a high risks is always there,but you can have a multiple earnings from your capital. I would suggest you to invest a 70% in bitcoin while the remaining invest it in bank.

Serious Miner

member

Activity: 250

Merit: 10

I think your uncle probably don't know about bitcoin. So he wants that you invest in the bank. But you should explain to your uncle what bitcoin is. Tell him all the details about bitcoin and how much profit you can get here in the future. I am sure your uncle will have an interest in it. And he will tell you that bitcoin is the best than a bank for investment.

itsliss

newbie

Activity: 72

Merit: 0

while you will not lose your money from saving in bank, you also will not reap any added profit on it, but investing is different especially in bitcoin, you will surely make your money in multiple folds in nearest future. so its a choice between remaining the same or adding more value to your money

poldanmig

sr. member

Activity: 1372

Merit: 275

Quote from: Kapee on July 19, 2018, 12:39:43 PM

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?

maybe your uncle is right because the investment with bitcoin risk is very large therefore investing slowly and with some of your capital do not all you invest

liseff3

sr. member

Activity: 532

Merit: 255

Quote from: Kapee on July 19, 2018, 12:39:43 PM

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?

At that time I said it for investing (long-term investment) say three years, that the money I earned would double, for example two or three times as much. Although with a fairly tough process and a little pushy but finally I managed to persuade him, just invested for eight months incidentally bitcoin prices increased from July to December 2017 and I cashed in all the bitcoin I had, when it happened the furor, my parents who initially hated me but eventually changed 360 degrees and turned completely support me.

thet

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elysian.finance

Quote from: Kapee on July 19, 2018, 12:39:43 PM

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?

You need to decide what do you want. In trading you need to face the reality that upon investment there is always a risk and tendency to gain and loss your investment but with btc investment you can earn more unlike with bank.

colvis

full member

Activity: 378

Merit: 101

The best place to put in your investment is in BTC although it may also be the riskiest place trust your money on. But the most successful man on earth is a risk bearer. BTC will and is going to give you money profit than that of the bank in a very short period of time.

queenstella

newbie

Activity: 75

Merit: 0

Investors who make the right moves right now – before the announcement of this massive upgrade starts making headlines – will have the opportunity to make HUGE gains very quickly.bitcoin is much more risky than bank investments, but it's worth it, because bank investments will not earn much unlike bitcoin would. so i would say the risk is worth it

pendong101

newbie

Activity: 117

Merit: 0

If i were you i would put my money in bitcoin investment instead of bank. You'll just waste your time putting it in bank the interest is so low just take the risk in crypto. it's your money you decide for it

OSEIBOATENG

member

Activity: 238

Merit: 15

First of all let him know the pros and cons in btc investment and the amount you can earn when btc increases. Also you can show him to people who have made it with btc and he will calm down for you.

pltgksl

newbie

Activity: 126

Merit: 0

is there still a bank after blockchain technology:-)

jozymens7

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CurioInvest [IEO Live]

I have sworn not to invest at the bank anymore because considering the rates of the banks, btc is far more than it even if it decreases in value I know for sure that it will increase in price.

kissme09

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PayAccept - Worldwide payments accepted in seconds

Quote from: Kapee on July 19, 2018, 12:39:43 PM

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?

Please tell him that Bitcoin is like stock, it is a form of digital financial investment. If he invests in Bitcoin, he will make a profit as it goes up and makes a lot of profit than depositing money in the bank. And he can withdraw money at any time and do not need to have too much practice like banks.

online73

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Ecowatt.io

Hey. Do not hurt your uncle, - tell him that you have your point of view on investment. Offer your uncle to split the deposit in half, - one part is invested in Bitcoin, the other in the bank. Make a promise that as soon as the part you put into Bitcoin doubles, you will split it in half and leave half of it in Bitcoin and give half to the bank. Thus, - you will not offend the uncle and obey his opinion - and you will have something to rejoice. I believe that explaining to older people about the benefits of Bitcoin, - useless. They need only ways that they can feel, the ways in which they went their whole lives.

missyqt29

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Activity: 434

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Quote from: Kapee on July 19, 2018, 12:39:43 PM

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?

The better idea I could think of is do the same. This is because you can never be sure about bitcoin and the money in the bank just sits there. So why not save some in the bank and invest the rest you can afford to lose. I am pretty sure that you can save up a little by little more in the coming years so you can set a portion for each savings. This can guarantee that you still have your money no matter what happened.

Ad Baculum

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MenaPay - Crypto made easier than cash

Quote from: Kapee on July 19, 2018, 12:39:43 PM

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?

This is a good example of paradigm shift and the difference of preferences among different generations. It is normal that the two of you have not the same view on where you need to put your savings. It's just in bitcoin, your money has a great chance to grow as long as you didn't save it on the time that bitcoin is flying up. Banks are more stagnant but still safer. It s your own choice which one is better for you, after all it is your own money.

Topic: Invest into Bitcoin or bank - page 10. (Read 1839 times)