Topic: Invest into Bitcoin or bank - page 23. (Read 1823 times)
it will be difficult because your uncle does not really understand bitcoin, I suggest you explain to your uncle about bitcoin and the benefits of bitcoin investments, and do not forget to explain what the risks are when investing with bitcoin, and to convince your uncle to invest bitcoin, Provide evidence if many people are successful with bitcoin investments.
Both the bank and bitcoin have their advantages and disadvantages. I say, save some of your money in the bank while invest the rest to bitcoin. As we all know, bitcoin's worth is volatile. Better to have back-up plan than be sorry later.
for me investing in a bank is not profitable for me, because as we can see that the bank just give me little commission, but if we invest on bitcoin it has more profit than the bank, its like we can use bitcoin as the trading media, so we can get more extra profit from trading activity
My dear my honest advise is invest in Bitcoin,its safe,secure,and most of all more profiting,easy to withdraw, unlike the bank,there are cases of banks liquidation, buyover,etc,then we will look at it from the aspect of withdrawal, too many process, but with bitcoin,easily done is the case..
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?
There are plenty of videos all over the internet explaining how investing in bank isn't gonna grow your money but your money will loose its purchasing power if you invest in bank and it's also gonna loose its value over time. Its better to invest in Bitcoin than keeping the money in bank as the value of Bitcoin increases every year giving you pretty high returns than any other investment.
It depends on the skills you currently have and your plans and goals. Invest in a variety of factors to consider before commencing trading, but investing in different channels is highly encouraged as profit can be given. You in a period of time why you should hone your investment skills early and know what suits you best so there will be no idle time and money.
Banks are for safekeeping, not for investment. There’s no risk unlike in bitcoin. But the earning potential in investing in bitcoin is much better. 
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
Banks wont provides you with huge interest like profits in bitcoin, not to mention if your interest from your bank saving will get a cut from monthly adm fee!
This crypto world is much differents than bank, it provides you many ways to invest in bitcoin, eth or another altcoins.. you just need to choose the right ones
If you have no experience of trading on the stock exchange, I do not advise the next five years even to start trading there. You must be very careful first of all to study, then try in small amounts. It is best to take a turnover of 10% of the amount that you are not afraid to lose. That's why the best option for you now is to invest your 2000$in the Bank. By the way, it makes sense now. While you learn everything, the Bank will pay you a good dividend. You remove them from the account and they will make the first steps. So I support both of you on this. Each of you is right in your own way.
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 explain that BTC price is very cheap now and this good moment to buy.
Also you can show few clips about bitcoin from youtube.
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?
Don't let anyone decide for your future or for the things that you will do. Learn to take the risk even your relatives are against it, because this market can prove all their negative thoughts wrong. $2k is a great starting capital, and for sure you can have great profit on that if you diversify it into good coins. Keep on learning and invest if you are ready, don't listen to your uncle. 
Maybe for some people investing bitcoin is very scary, because they think investing in bitcoin is very risky and even they consider investing in bitcoin is a fraud, so they prefer to find safe and invest into the bank.
But for people who already know about the world of crypto, they will definitely invest in bitcoin, because they believe, although very risky but investing in bitcoin offers great benefits.
But for me personally, the best way is half in bitcoin and half in the bank, because when i suffer losses from investing in bitcoin, i still have an investment in the bank.
But for people who already know about the world of crypto, they will definitely invest in bitcoin, because they believe, although very risky but investing in bitcoin offers great benefits.
But for me personally, the best way is half in bitcoin and half in the bank, because when i suffer losses from investing in bitcoin, i still have an investment 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?
Hi there! We need to invest in both bank and bitcoin. As long as fiat is beneficial we need to invest in banks as well. Bitcoin though is the best investment you could ever have. Just weigh how much you need to invest in banks and how much in bitcoin.
It would be stupid of you to stay in this forum while you dislike bitcoin. Don't mind the advice of your uncle to put your money into a bank, would you let him decide for you when that is your hard earned money?
Its $2000 so if you wil buy btc for it, you can't have 1 BTC but if you invest it to some altcoin, you can have more than anything you wish for. You can either invest on btc to an altcoin, you decide.
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 know what you are doing then better to invest now but investing in cryptocurrency is very risky and maybe your uncle can't afford to take that risk. The decision is still yours, if you are too confident about your skills in investing then buying bitcoin is a good choice. Remember that banks can secure your money, but of course the value of that will be lessen because of the inflation. Better to invest 80% of your funds and the other 20% save it in a 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?
No one is pointing a gun to your head to put your money in a bank instead of investing in Bitcoins. If you want to grow your money, invest into something, you are not limited to Bitcoins there are so many options and safe way to grow your money. Saving you money in the bank will make your money idle and you'll pay service charges and other fees for that.
In my personal opinion, I would rather invest in bitcoin. Investing in a bank only earns you a few bucks for a hige amount of cash you have to deposit. Unlike in bitcoin, you have a higher chance of earning just by waiting for higher exchange rate. It's more practical and more realistics for me.
we would rather invest in bitcoin for us bitcoin is also a good way we get many benefits in the future, so we will also more easily get many benefits
that invest in bitcoin that is the bank of the future and that gives it the best interests and that can work with if you want in the virtual currency exchange that is the technology that is going to change the world and that make the first world currency that is better than having dollars or euros or any other currency
Invest on bitcoin more risk if you have only your money but you can invest your money on bitcoin if you have another source income, but if you keep saving or invest your money on bitcoin some time your asset wil drop with bitcoin on lower price. sometime you can take much profit with invest your money on bitcoin when bitcoin have reached at higher price.
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