Topic: Invest into Bitcoin or bank - page 15. (Read 1823 times)
This is an easy question for me, I will always choose bitcoin rather than invest in bank because bankuse my money then lend it to other parties and the worst is they charge very high fees to that other parties, while 8nvest in bitcoin will grow my Money naturraly withouth harm other people. The price is fluctuates but it's better then lend money and ask high fees rates.
Bitcoin investment is much more lucrative than the Bank investment. Bitcoin investment is a great opportunity for us to increase our wealth and assets as the fluctuations in price can increase BTC to more than 100%.
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'm not financial advisor but if i have that money to put what kind of investment, i want to choose bitcoin because i know i gain a lot more if the price get increased. Because if i put my money in the bank i earn i think 10% a year, so i want to use bank for my daily need to secure my funds, but investing in bitcoin is so risky, so its depend in you.
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 think with that comparison and the amount of money you have at your disposal, I would suggest that you should be a little greedy and do both investments. After all, it's $2,000 we are talking about here, that is a substantial amount of money, at least, as as starter capital both in bank investment and in cryptocurrency investment. However, you should allocate your funds diligently so that you won't end up losing it both. Banks tend to give returns longer, on the other hand, cryptocurrency investments may give you good returns, but then, it could also be unsuccessful, which may not give you the profit you desire.
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?
your uncle advice not bad tough . he just want make sure your capital as save in bank but you can't make money with bank with that ammount , and $2000 is pretty good tough for trading in crypto market . or maybe you can use half of that capital to entering to trading in crypto market. and learn while trading directly in the market. just remember expectations do not always same happend with reality. and your capital is enough to provide experience in trading and give you confidence in choosing where you will use your remaining finances.
Investment in bitcoin is hassle free unlike in the banks. All you need is just a wallet wherein you can store your coin for how many months or years before you withdraw it or cash it out if you think it gains enough profit. It may double or triple your capital money depending on the value of bitcoin but worst case scenario is you lose much if your investment is big when good luck won't be on your side.
this can be an option where banks and bitcoins are always compared, but to get a small risk and security of our assets the bank can be an option. but when we want to get a big profit maybe investing in bitcoin is the choice.
if I prefer to invest in bitcoin rather than invest in the Bank. By investing in bitcoin we will benefit greatly without having to wait for a long time. especially if we invest in bitcoin can be long / short term
If that situation happen to me, I will put 50% f my money to the bank and 50% in crypto.. When you put your money on the bank for time deposit, it will have an interest and its a sure money.. Then 50% in crypto.. Crypto market is like investing in world market.. You have no idea when your money to increase or decrease.. The risk is always their..
investing in bitcoin offers very fast profits but the risk of losses is also enormous, while investing in banks may be a good option because in banks the risk of losses will be smaller and certainly profit can not be as fast as bitcoin. maybe for me bitcoin can be the main choice whereas in bank is only used for asset storage.
For my opinion, Im like to invest in bitcoin because you can earned profit up to 100% in 2 to 7days or more. If know how to invest and trade your money but before you do trading or invest it must be study first about trading and investment platform because there are many scammers in this business.Unlike in the bank we have same risk you can loss your money also but the gain of profit is very low.
follow your heart, but never invest what you cannot afford to lose if push comes to shove.
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 is important to critically analyze your options. Taking into consideration your potential portfolio returns with the risk associated. I would choose to diversify in such situations.
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 think is advising you for your own good because cryptocurrency has the highest risk when it comes to investment, so I will advice you divide the money into two save some in the bank and invest the rest on Bitcoin I bet you will never regret most especially now that the price of bitcoin is down once it boom you will gain a huge profits good luck!
I think you better keep your money in the form of bitcoin which is currently down, and I'm sure that in the beginning of 2019 bitcoin prices will rise again, and that is where you will get huge profits. If you keep your money in the bank, you will not get any results, your money will increase, even reduced due to tax breaks.
I think BTC is more preferable with the cheap price of $7,3k at present then we get a big profit soon, and I'm sure that bitcoin is the one of the best investments in the future. And of course it can easily rise up soon
Bitcoin is the best investment I think.Saving your money in Bank will never bring you any return like the way bitcoin will ever do. I will boldly advice you to invest in bitcoin now because bull run have started now.
Yes, bitcoin is not just a good investment, it is such a great investment because if you will buy bitcoin today and you will hold it, it will give you high profit after just a couple of months.
the bank will give you an interest anually which won`t exclude 2% and it makes 40 $ a year, but in btc the roi for one year can become more than 100%, so always risk brings more money.
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 a victim of an investment or your uncle does not yet know 'what is Bitcoin?'. if your uncle is not aware of BITCOIN investments, try searching on google, what is Bitcoin, and Give your uncle statistics on bitcoin price growth for each year, starting in 2010. This graphically shows you why you need to invest in bitcoin, bank. Hopefully it can answer all your uncle's doubts about Bitcoin investments!
investing on bitcoin is more profitable
Jump to: