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Topic: Invest into Bitcoin or bank - page 21. (Read 1823 times)

newbie
Activity: 29
Merit: 0
July 20, 2018, 05:20:55 AM
Invest into bitcoin because bank never give u good return of Ur investment but bitcoin give u in future if u are planing for long term hold then go for bitcoin. because in upcoming time bitcoin price cross his last ATH and if Ur uncle are not giving u permission then saw them statistics of bitcoin price growth from 2010-11 then convince him to invest in bitcoin.
jr. member
Activity: 183
Merit: 2
July 20, 2018, 05:16:22 AM
No banks please.
Pig eggs not belong here.
Where were you on 2008 economical crysis?
They letteraly took our dignity off . Do you really want to support a corrupted system ?
newbie
Activity: 266
Merit: 0
July 20, 2018, 05:12:23 AM
Well its more profitable to invest in bitcoin and also the easiest way to earn there is, but the risk of losing your money is also high that you cant even control the price in such a volatile market. Earning is hard but bitcoin can make it easy but with a risky chance to loss
member
Activity: 364
Merit: 46
July 20, 2018, 05:10:38 AM
You cant convince him without him having no knowledge about bitcoin or cryptocurrency, you can try to show him the market and explain how crypto world works, because if a people dont have enough knowledge about this they think that its just a scam or if your uncle have knowledge about stock market they consider bitcoin as a bubble.
member
Activity: 348
Merit: 10
July 20, 2018, 05:10:06 AM
we cant get higher profit from bank but if anyone invest in bitcoin he can get higher profit than bank investment. but price variation and high risk is there in Bitcoin investment.

For me the best if you invest in bitcoin because of the profits brings, it will lighter you future. If they say bitcoin is risky, bank also is risky, that is the nature if you invest.  Bank is too small interest, and if in difficult situation your money gone.
member
Activity: 365
Merit: 10
July 20, 2018, 05:09:03 AM
Do you need to convince him before investing into what you know will bring you profit at the end of a certain period? Investing in bitcoin is just for your own good and  no one else therefore waiting for your uncle to give you go ahead to do what is good is a waste of time if really you understand the investment you want to venture into.
member
Activity: 196
Merit: 10
July 20, 2018, 05:07:22 AM
Investing in Bitcoins gives much higher profit than banks. What you can tell your uncle is that, you will divide the investment into two, use one for Bitcoin and one for the bank. After a specific time, lets say three months, check out the profit from both and allow him to decide which one will be better.
sr. member
Activity: 700
Merit: 254
July 20, 2018, 05:07:10 AM
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 depends on how flexible is your uncle to open his mind to innovations. You should stress the fact that we live in the future and the banking system is obsolete. Bitcoin offers something more than conventional banks. The future is now and we must keep looking forward.
In the worst case, make him happy and split your investment.
newbie
Activity: 84
Merit: 0
July 20, 2018, 05:06:19 AM
In some point, investing in bank is also good but for me investing in bitcoin is much more wiser because if you learn to grow your money in bitcoin sure you will not regret investing your money in bitcoin .
full member
Activity: 1386
Merit: 101
ComboLabs
July 20, 2018, 05:02:28 AM
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 you would be wrong if just to convince someone to invest in this industry even more so for bitcoin, you have to give a lot of knowledge and understanding about bitcoin, blockchain and all technology in this industry. this is important, because the layman will find it hard to accept something that some countries have considered bad.
full member
Activity: 460
Merit: 100
July 20, 2018, 05:01:22 AM
we cant get higher profit from bank but if anyone invest in bitcoin he can get higher profit than bank investment. but price variation and high risk is there in Bitcoin investment.



Bitcoin have a big profit morethan bank because we can see the price of bitcoin is very good increasing and many persons become rich because of buying a bitcoin if the price become low and waiti it if the price will grow up again that is good in bitcoin because we can buy in a low price and we can sell if the price will goes up again.
newbie
Activity: 63
Merit: 0
July 20, 2018, 04:52:56 AM
we cant get higher profit from bank but if anyone invest in bitcoin he can get higher profit than bank investment. but price variation and high risk is there in Bitcoin investment.
newbie
Activity: 62
Merit: 0
July 20, 2018, 04:49:05 AM
If you have investment experience then you can invest in bitcoin. If you like stability you can invest in a bank
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
July 20, 2018, 04:46:30 AM
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've worked for it, why do you need your uncle's approval on your investment plan?
you don't need to convince him at all, and bank is for saving not investing
if you want to make sense to him, start by explaining the differences of those words saving vs investing
legendary
Activity: 2030
Merit: 1028
July 20, 2018, 04:46:02 AM
I think you're not understand enough what bitcoin really are.
Bank is a safe keeper for currency like money meanwhile bitcoin is like currency not a bank.

If you mean by invest between fiat or bitcoin, for me since my fiat weak against dollar, I'm prefer invest on bitcoin !
jr. member
Activity: 149
Merit: 1
July 20, 2018, 04:44:25 AM
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?

Just explain clearly to your uncle if what could be the benefits in investing in bitcoin, give him an presentation on how bitcoin works and why bitcoin be valuable by coming years, tell him that you could gain huge money after a long years of holding in bitcoin, I advice you to show the bitcoin price chart last 2017 I assure your uncle will convince if he see how bitcoin price pump.
hero member
Activity: 1274
Merit: 516
July 20, 2018, 04:33:40 AM
You need to know that investing in crypto does contain the risk of losing money, and in this uncertain market movement it could be dangerous, while saving in bank you certainly will got interest and there is no chance of losing money, you need to understand this before you want yo convince your uncle, the easiest way to convince your uncle is by showing the price chart from last year to see the capability of bitcoin to grow, and compare to bank interest we can get that kind of profit in one day
newbie
Activity: 4
Merit: 0
July 20, 2018, 04:32:30 AM
Personally, I would rather invest my money in bitcoin than any bank.
hero member
Activity: 1190
Merit: 534
July 20, 2018, 04:30:21 AM
To be honest, you should do your own research before taking any investment decision because investing in cryptocurrency has some set of risk which is also there while keeping money in the bank. Crypto market is all about self-responsibility and investor should assess his risk profile before getting started in this market.
sr. member
Activity: 616
Merit: 250
July 20, 2018, 04:28:57 AM
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's hard to give an understanding of investing with bitcoin because people will have negative thoughts first, investing with virtual currency and it makes a profit, I think not the word but the proof that we convey to people who do not understand the bitcoin
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