Topic: Invest into Bitcoin or bank - page 20. (Read 1823 times)
I think I choose to invest in bitcoin over the bank, because bitcoin revenue is bigger than the bank and it's still faster than you can if you run into bitcoin yourself running your investment and you're the hand of time.
I prefer investment in bitcoin rather than a bank. Bank transactions take a lot of time when opening an account for investment and in emergency cases, you can't withdraw your money anytime you want. Compared with a bank, investing in bitcoin is hassle-free. All you need is an internet connection and a wallet where you can store your bitcoin and altcoins for investment. And in emergency cases, you can cash it out anytime.
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?
For me, I prefer to invest in bitcoin because in bitcoin the money that you will invest can receive a profit higher than the profit that the bank can give. But it is still your choice if you want to invest in bitcoin or in a bank but for me, I choose bitcoin.
As a Investor I believe in crypto So go with 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?
Saving money in the bank does not mean your money will increase in value will not change at all. If you buy bitcoins and store them in your personal wallet, the value will definitely change more than when you buy 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?
Your uncle's reaction is normal, since I'm sure that he does not know anything about crypto-currencies and therefore prefers to invest in what he considers to be stable. In any case, it's your money and the choice is yours.
If you know a bank that can give at least 30% per year, you can safely forget about 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?
Your uncle's reaction is normal, since I'm sure that he does not know anything about crypto-currencies and therefore prefers to invest in what he considers to be stable. In any case, it's your money and the choice is yours. 
Why do you need to listen to him? I mean that's your money right? You have the right to choose where or what you want to invest.
If i were you, i would invest in bitcoin of course. With that $2000, i bet you can gain quite lot of profits.
But if you choose to save it in bank instead, i think it will just go waste. Nothing is profitable with saving your money in bank, even if it's some kind of bank investment, not really a good choice. But still, it will be risky to invest in bitcoin. But high risk high gain right?
If i were you, i would invest in bitcoin of course. With that $2000, i bet you can gain quite lot of profits.
But if you choose to save it in bank instead, i think it will just go waste. Nothing is profitable with saving your money in bank, even if it's some kind of bank investment, not really a good choice. But still, it will be risky to invest in bitcoin. But high risk high gain right?
I think that investment in bank is not so profitable and even not so safe compared to the investment made in btc which will increase in price greatly and we will use it as a currency
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.
Asking this question in a crypto related forum will give you one common responses. Everyone will say invest in bitcoin because we all saw banks but still decided to invest in bitcoin. They both have their good and bad sides. Weigh the two and choose the best possible option.
Did your uncle give you the money, or do you live with your uncle, so he have a say about your money. But basally it’s your money, and you should be able to do with it what you want.
However investing into crypto currencies can be very risky, and your 2.000 cut easy be turned into less in a few days.
Basis investment advice, are only invest what your ready to lose, especially in crypto.
However I think Bitcoins investment are a great investment, and I’m very happy I empty my bank account a year ago to but Bitcoins.
However investing into crypto currencies can be very risky, and your 2.000 cut easy be turned into less in a few days.
Basis investment advice, are only invest what your ready to lose, especially in crypto.
However I think Bitcoins investment are a great investment, and I’m very happy I empty my bank account a year ago to but Bitcoins.
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 you think you know more about bitcoin, so you can make your own decisions without having to consider other people who do not know what we mean, if you feel that your investment in bitcoin can be better why not try, really if the bitcoin has a tricky nature in the guess, but I myself am sure bitcoin future could be a positive trend again.
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?
Definitely you should invest in bitcoin. Convince your uncle by showing him the last year's graph that how it reaches peak at the end of the year. Tell him that banks offer maximum 10-12%p.a but investing in bitcoins can make you rich in very less time. Fix an appointment for him with any bitcoin trader so that he can show him real evidence regarding how people earned too much by investing in bitcoins.
I'd rather invest in bitcoin than any bank because we can get higher profit in bitcoin..
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.
In bitcoin trust is needed however in bank, aside from you may not feel the increase to your investment in a short span of time, the system is also limited, as a matter of fact in investing to bank you need to fill out a lot of forms, signs im different paper and pay processing fee. Unlike in bitcoin you only need an address and a wallet. Moreover in the profit part, it is more profitable in investing to bitcoin.
If your whole money is $ 2000, it's better to invest a third of it for Bitcoin, because we need the rest for daily needs, that's my opinion but the decision is yours.
Chances of making profit in Bitcoin is going to be great in the coming days looking at the current market research. Some experts has even predicted it's value to reach even upto 250K $ by the year 2022 and as you have already invested in this market before, you should remain in this field.
Do your own research and decide! if it was me, i would go for bitcoin/eth
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