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?
Well, it is hard to pursue the people who doesn't see the potential of bitcoin so there's nothing we can do about that. As what you have claim the $20,000 is yours right hence, the decision is yours. If I were you I will definitely invest in bitcoin rather than in banks, I know it is risky though but remember the higher the risk is the higher profit will be. Its your earning, still it's up to you on where do you invest that money of yours. 
Topic: Invest into Bitcoin or bank - page 18. (Read 1816 times)
Invest in bitcoin is a very good decision instead of investing in a bank. Show your uncle bitcoin statistics, don't need to show him any crucial or difficult part of bitcoin. Just show him bitcoin price was 20K USD a few months ago. And price is growing again. Give him some big newspaper's prediction that bitcoin can hit 15 to 30K USD in this year. I hope he will convince by seeing those things.
very many places to invest. but a more profitable investment is in bitcoin. you can buy and sell bitcoin at the right time. to seek greater profits. Very different from banks most banks only serve as a place to save.
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?
Since everyone of us wants get more money or profit , it means you have to invest in bitcoin. Bitcoin gives more opportunities than banks. It gives you right to control over your money. You can hold , buy or sell it. Bitcoin is more suitable than banks. But you must be very careful. Sometimes risk is good and bad 
Bitcoin give you many opportunity to earn huge profit so, I invest in bitcoin & nowadays it is great opportunity to invest in bitcoin
Investment on bitcoin and bank have different advantages and disadvantages. In bitcoin, you will earn big profit when you're patience on waiting for its price to increase, but its not guaranteed that your investments is safe. In bank, you will just earn minimal profit, but you're sure that your investments is safe. I suggest to do both for you to not be bankrupt when something bad happens.I would put my money in bitcoin,because the price of it was quickly moving and its grows faster because of many country that recognizing it to use,i heard some new and life of the people that already change by investing in bitcoin, so for now i trusted it for my money.
Price increase in bitcoin as this why many users have to invest in bitcoin rather than bank. Exactly bitcoin recognize by many users already so we can shows reasoning to other persons as to why it is best in bitcoin. Invest in bitcoin is best but we cannot force everyone to join. 
Show him the graph that shows how does the bitcoins value grow within just a short period of time. Maybe it could help you to persuade him. If not then you will have to decide on your own and consider the fact that you are the one who owns the money and you worked for it. Although investing in bitcoin is really way more risky than bank investing, still what you can get comparing to the bank is very huge. Its really into you though. If you want a safe yet slow investment then go with the bank and if you want to risk then gain huge profits, then you should probably go into bitcoin. Also consider that there are lots of good investments out there.
Let your uncle see the proof of earnings in bitcoins of others so he will be convinced to invest you in bitcoin, but remember always be careful in investing your money, make a thorough research about the project before putting your money in to avoid loss.
Invest into bitcoin is the most appropriate choice, if we look at the current fact that almost all traditional investment trends such as property, stocks, mutual funds, gold and so forth all decline even without an increase in a year, with bitcoin it can make our money grow faster than that investment.
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 if you have much money to invest, I would be greedy and say that it's better to invest in both. I say that because banks are more reliables types of investments, but they can tend to take a longer time because of the small percentage they are giving their investors, and also, the long time table they give before a significant return could be realized. On the other hand, it's not a bad investment to lodge your money in cryptocurrencies because it can give you big sums of returns, especially when you hit the jackpot with some investments. The only downside is, you need to invest lots and lots of patience and trust in the market.
Invest into bitcoin or any other cryptocurrencies because it is better and much more profitable than investing in the bank because in bank you will just earn an interest a very low rate which is not worth it or enough for you to say that you are really creating enough amount of money every year so it is better to invest in bitcoin or if you have other options then try it.
If you are aiming for long term savings/investment, crypto is far better than banks, just place your money inside the top 5 crypto coins and leave it there, for time will generate itself a decent earnings, its been proven that holding crypto coins generate a huge income unlike banks that even you save big amount the interest rate per year is really small, but everything should be according to your knowledge and purposes, if you can take time and read those crypto coins then you will be able to find project that will bring the bacon for you. 
There has been this deliberation all over by most people as to whether investing in bitcoin or saving at banks.I will advice you to invest into bitcoin.Banks will not offer you any huge interest but trust bitcoin.You will make it without expectation.
If I will be given a chance I would rather go to invest than banks, cause in banks you are not going to take your money within the contract, and I guess that's what it must be better save in bank than to invest dinxe the increase of your money will just be like 1% and it's annually , juat like that here in bitcoin it may be a risky thing but it is sure to be a big one.
I would put my money in bitcoin,because the price of it was quickly moving and its grows faster because of many country that recognizing it to use,i heard some new and life of the people that already change by investing in bitcoin, so for now i trusted it for my money.
I think its up to you largely to determine whether you would want t go ahead with the plan to either invest your money in the bank or in crypto, however as a word of advice not taking any risk is risky itself and taking miscalculated risks is equally very risky so do your findings well before you jump in. better safe than sorry
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 ao convince him?
It depends on you but for me,I prefer to invest in bitcoin than bank even tho bank is "safer" than bitcoin. We all know that investing is kinda risky so we need to have enough knowledge or learning so its easy for us to decide on something. Investing in bitcoin has a higher return profit than banks.
Just split your investment. Diversify.
Most of the people can't invest their money to a bank account due to high fees and maintenance but when you say bitcoin it's not just about saving money it is also about earning it. But for me if you're not one of the risk takers like most of us here in this industry cryptocurrency is not for you my friend.
I'd love to hear more thoughts from this topic. I'll surely be reading more of this.
I'd love to hear more thoughts from this topic. I'll surely be reading more of this.
If I will be asked whether I will invest in bitcoin or bank I prefer to invest in bitcoin because of it's higher returned rather than in the bank the interest is just a little and has a tax. So bitcoin is better investment than investing in the bank with lower return.
I invest bitcoin instead of bank deposit...now bitcoin price is so low and I should invest heavily and it's bring me huge profits.
Bank doesn't offer more margin of profit, bank means for the depositing the money into the account for the safety. But bitcoin is meant for investment that gives profit but that is not possible by using the banks. So if you are interested in getting more money then for the bitcoin that enables us to get more 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?
Tell him that investing bitcoin is better than bank, its because you can control your own money. You can get a higher profit with a short period of time. You can double your investment in bitcoin so easily. Well it depends on you , if you have enough knowledge in bitcoin then its easy for you to invest. Jump to: