Topic: Invest into Bitcoin or bank - page 22. (Read 1816 times)
Be very careful to invest money here. Because you can lose all the money. I would recommend that you invest here only a small part
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 understand your uncle's fear.
He is grew up when bank was the ONLY OPTION.
But now BTC is the way. Show him statistics, facts and figures and i bet you, HE WILL UNDERSTAND.
Do not force or compel him for this. Let him do all the research and then make the final decision on his own .
I think I will choose to invest in crytocurrency rather that in bank. Because in bank, the percentage to increase my ROI is just a little and it will not make me a rich person. While in cryptocurrency, there are a lot of possible ways to earn a lot of money.
For both of us is also good we do to save money, but for us prefer to invest in bitcoin, because the profit we get also very much, compared with the profit we get from the bank.
Tell him that bitcoin is a booming industry and currently its prices are soaring up again and that the next month you can't afford it and then the coin will go down again which makes it frustrating. Also tell him that bank investment doesn't promise large profit because it relies on interest which is very small and the profit is small for an annual saving.
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
Well since your uncle told you to keep on bank and you wanted to invest, why don't you divide the money for fair share, 1000$ in Bank and $1,000 in Bitcoin investment, then when you earn with that investment you can show proof to your uncle that you are in right decision but if not atleast you still have 1,000$ left in the Bank.
Tell your uncle about the pros and cons between investing in bitcoin and in bank and end it by letting him know that bitcoin offers more income.
Investing in Bitcoin is a great option in improving the assets we have. as we know that Bitcoin has an ever-changing price fluctuation rate so we have the opportunity to gain profit when Bticoin prices increase and also decrease. Compared to other investments, Bitcoin is much more attractive and has a good prospect for life in the future.
Nowadays, i think that you had better invest into Bitcoin than bank because Bitcoin is now developing and it can bring unstoppable profits to us
invest in bitcoin if you expect something unexpected, if you look for stability, invest in the bank
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?
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If you want to receive minute profit and security for your money deposited then obey your uncle take the money to bank but. If you want more profit and aggressive then invest in bitcoin when the market has dipped and have more patience to wait when your profit will appear.
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If you want to receive minute profit and security for your money deposited then obey your uncle take the money to bank but. If you want more profit and aggressive then invest in bitcoin when the market has dipped and have more patience to wait when your profit will appear.
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 were you, I Invest In bitcoin In a secret and I also Invest In a bank, just show respect In my uncle. And after you get earn a huge from bitcoin, thats the time you tell to your uncle that Investment In bitcoin was good.
Of course you have to convince your uncle, that the prospect bitcoin in the future far more profits than the money invested in the bank. To be sure the graph of the bitcoin value is increased. With US $ 2000 in bitcoin invest can grow into millions of dollars, but in the bank only become thousands of dollars. This parable can be a tool to convince your uncle.
First and foremost is the interest rate issue. The second is the safety issue. I want to say it is. Read what they did in Greece or Cyprus. In the case of a crisis, war or pandemic, you will have money in your pocket and will not be involved in banking. Investment in coding can be very risky. However, if you can make money from making things easy, I think you should try to get some bitcoin or even some altcoins.
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 money is yours and the final decision should be made by you. All investments are risky even if you send the bank. However, if you buy bitcoin you will be subject to market fluctuations and bear greater risk, in return you can get greater profits than send bank a lot. You should learn more about the market and have reasonable entry point. Good luck
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 don't force him to do it if he doesn't want to do it. If I were you I would do ask I like for what I would do. If you want to invest in Bitcoin then you should try to research first before doing that.
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 can't force anyone to invest in bitcoin, and it's really hard to convince someone because of the high volatility of its market that could be so hard to trust by anyone. But if you really want to convince your uncle, then start investing on it in just a small amount and wait for the time that you gain a satisfying profit and show it to your uncle as your proof, because of this it might change his views 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?
Why you classified storing money to banks is investing ?
Storing money to bank just make your money stuck and not recycle, invest on bitcoin is better than storing money in bank
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?
Bank is safe, it will be guaranted that your money will be safe if you save it in bank. But, your money will be stagnan, if you are a risk taker and ready to face the unstability in bitcoin, you better choose bitcoin over the banks. Just tell your uncle that bitcoin will be promising you to gain more profit. Jump to: