Topic: Invest into Bitcoin or bank - page 19. (Read 1823 times)
if put your money on the bank you will get a small interest as a reward, and this interest deducted by an inflation rate but it's very small, so the big winner is the ban not you, but i can't say go and put all you money on bitcoin it's risky just put your garbage money
Of course, it is more reliable to keep money in the bank than to invest in the crypto currency. However, the percentage of payments in banks is minimal.
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 hard part about this is that close minded people are very hard to convince. $2000 is a lot of money but it isn't that big if you lose without trying. Regret will be more expensive. Put it in a bank and yes your money will Be "safer". But put it in bitcoin and your returns will far exceed the lose percentage.
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.
If you need to have full control of your money and to get good investment return 10x for long term investment then best option for you is bitcoin stored in a secure safe offline wallet else go to banks . loop end .
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 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?
Sounds like you living with your uncle and making this investment requires your uncles involvement as he is the only one able to bail you out of a loss should you lose your money, if that's the only money on you at the moment invest half then keep the rest at the bank atleast this way you don't to lose everything and your uncle won't be mad at you.
Of course, investing in BTC is a much better idea. The incomes in banks are extremely low and require to keep your money the whole year to earn 10-18-20% of income. Cryptocurrencies are very volatile and they can bring 10-20% profit in just a day like we experienced lately. Therefore, you can double your investments several times in cryptos but only if you know how this market works. Do not invest in Bitcoin if you don't know a thing about it and crypto-market, at least use advice or help of professional experienced traders.
The best way to enter this market, in my opinion, is to wait for a huge correction that lasts approximately a week and buy BTC when the price stops falling. This way you can wait for a good profit in the nearest week or month.
The best way to enter this market, in my opinion, is to wait for a huge correction that lasts approximately a week and buy BTC when the price stops falling. This way you can wait for a good profit in the nearest week or month.
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?
If I am you I will invest my money in bitcoin. I will accept all the risk that its have because after taking this there is a chance that you will earn a big profit it. Actually investing here in bitcoin only needs a long patience because you need to wait for the right time.
If there is a choice I would choose to invest in bitcoin and I would accept the risk as well as I would be given the opportunity to invest in bitcoin or altcoin.
Actually quite difficult between choosing to invest between bitcoin and bank. In investing bitcoin there may be a high risk one of which is the ups and downs of prices, while there is no such term. To invest in the bank and dibitcoin I think depends on ourselves, if we are ready for high risk but profitable maybe we can choose bitcoin, but if we are not ready with the risk we better choose the bank.
Bitcoin give you many opportunity to earn huge profit so, I invest in bitcoin & nowadays it is great opportunity to invest in bitcoin
If you want higher returns on your investment, you should invest in bitcoin in a long term basis but take note of its risk. I think its best if you invest in both bitcoin and banks.
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 is an old dude that probably doesn't even know what crypto is. If I had 2k I would instantly invest 1k in BTC, 0.5k in ETH and 0.5k on 5 random coins.
If you are planning to invest longterm Bitcoin should be your first choice. BUT if you need the money and you have to get access anytime soon the bank would be the better .. place to go.
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?
its comparisons in real investment as well as with bitcoin, are quite different even more so in terms of risk. investing in banking will be safer and certainly always benefit from the investment fee. different from investing in bitcoin, bitcoin is so risky but very reliable in terms of profit, depending on the experience must also support. so if you want to invite your family, you should provide basic education first.
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 do not need to convince but prove it if you can get bigger results by investing in bitcoin. It's useless to make sure if your uncle does not see for yourself the results of investing in bitcoin. calm down all need a process. When you later get a lot of results I am sure your uncle will believe.
If I think personally I prefer to bitcoin, because I think bitcoin is more profitable than if you invest in a bank. But the risks that exist in bitcoin are also high, like the price is up and down and you should be patient if the price of bitcoin has a degradation. But it's all back to you, whether you want to get a high profit but with a high risk or otherwise.
This crypto investment is so volatile to guarantee someone of huge profits within the shortest possible time. If there is any lost of money, am sure he wouldn't take it easy with you.
This depends on your risk apetite.
If you are willing to take biger risk but also better profit invest in cryptocurrencies, especialy Bitcoin.
If you are more conservative type then bank investments are more for you.
But to get max benefit I would suggest to combine both options.
If you are willing to take biger risk but also better profit invest in cryptocurrencies, especialy Bitcoin.
If you are more conservative type then bank investments are more for you.
But to get max benefit I would suggest to combine both options.
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