Topic: Invest into Bitcoin or bank - page 26. (Read 1823 times)
I’d say both, bofh are investments and so diversification is important. Having a split between both means you’ll get the best of both worlds whilst minimising risk
I think your uncle is just giving his opinion his side about your decision to invest in crypto it is up to you to decide whether you agree to him or make your own decision beside it is your own money.
Ask him, would you like the potential to become a millionaire or are you satisfied with an average life where 1% is a gain for you?
I think you mentioned you have worked to get. It is your personal money and so you choose what to do with it. Maybe your uncle has less knowledge about Btc or probably fears that you lose your money. I would say that just invest 50% into crypto and 50% at banks
It is obviously upto you, both things are risky after all if you do not know in where you are investing, you need to invest on a good pool of funds if you are gonna invest on a bank, and if you invest on crypto, you need to choose a good and strong altcoin
Investment is everyone's choice of where we feel secure and profitable whether we go for the bank or in crypto investment, but for me profit matters even if crypto is having high risk than bank so I prefer to invest in crypto currency as I find that it has a great profit I can have in a short period of time that bank cannot do it. Start investing in crypto and you will see the opportunity it brings and you too can see the difference.Indeed, there's a secure investments in both parties but you have to think about how sustainable it can be with the incoming years that you've been a part of the establishment. The bank serves as centralized currency that provide privilege to those investors who wanted more security number on their asset, but been regulated by the government central bank. If we compare it with decentralized bitcoin the system was totally different, due to volatile movement of value per btc. But you're going to have huge potentiality that each price will continue to rise even more in the future years to come, so we could take our profitable earnings.
give him an example of a schoolboy from aidaho who argued with his parents that he would not go to college if he became a millionaire by the age of 18))
here is the proof https://www.dailydot.com/debug/bitcoin-high-school-dropout-millionaire/
here is the proof https://www.dailydot.com/debug/bitcoin-high-school-dropout-millionaire/
The Good thing in investing bitcoin, the money that you invested in bitcoin will make your money double or triple which will depends on the value in the market and with that be a risker and be positive and have trust in the bank ,there's no bad thing to try than never.
give him an example of a schoolboy from aidaho who argued with his parents that he would not go to college if he became a millionaire by the age of 18))
here is the proof https://www.dailydot.com/debug/bitcoin-high-school-dropout-millionaire/
here is the proof https://www.dailydot.com/debug/bitcoin-high-school-dropout-millionaire/
Explain the development of bitcoin from year to year to your uncle, let him know invest bitcoin more profit than saving 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?
It's not about the interest. Banks are not just for interest. Understand the terms. Of course majority here will say "invest on bitcoin because price will go high in the future" "banks will just give you %%% every year etc. Such statement is not making sense and it just show that some here are lack of knowledge.
If you have some spare money then it's up to you if you will put money on bitcoin while at the same time you have on banks.
If you really dont want to put on banks then stand to yourself. You can't decide to your own money? If you are worried then make up to the point that you can please your Uncle and yourself. Come on you are now grown up.
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 question is who's money is that? it came from your uncle or it came from your blood and sweat? if it came from your effort and hard work, he don't have any right for you to dictate. 
To earn profit is better in кpиптoвaлютe, and to store partially earned it is better in bank. To convince your uncle that bitcoin brings much more profit than any bank gives from deposit investments, it is necessary to show how the bitcoin rate increases yearly. It will be very obvious.
It is obviously upto you, both things are risky after all if you do not know in where you are investing, you need to invest on a good pool of funds if you are gonna invest on a bank, and if you invest on crypto, you need to choose a good and strong altcoin
Investment is everyone's choice of where we feel secure and profitable whether we go for the bank or in crypto investment, but for me profit matters even if crypto is having high risk than bank so I prefer to invest in crypto currency as I find that it has a great profit I can have in a short period of time that bank cannot do it. Start investing in crypto and you will see the opportunity it brings and you too can see the difference.
It is obviously upto you, both things are risky after all if you do not know in where you are investing, you need to invest on a good pool of funds if you are gonna invest on a bank, and if you invest on crypto, you need to choose a good and strong altcoin
I think store your money in the bank is not type of investment but more likely saving, that is the most secure way to store your money. That is different with investment, that is a risk factor but the there is a gain from your original money. Investment will allow your money grow quickly but the risk should be considered.
I think you can inves only 30% of your money in cryptos, and the rest to the bank 
The best way to prove Bitcoin is better than banks investments is to show real and concrete results. You can tell him anything, but there isn't any guarantee he will agree with you in the end. So, try using only a part of the $2000 to invest in BTCs, maybe $500 or $1000. If even this possibility isn't possible for you, just take money from somewhere else and use it to invest in BTCs. When you achieve your goal, turn back to your uncle and share with him your experience! Then he will be seeing it with his own eyes!
It's good to invest in a bank especially if you are thinking of what the future is, but it is also good to invest in bitcoin. especially now and gradually recognizing the crypto around the world.
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 just show him the Bitcoin price charts and the total statistics especially the price levels and the difference between them by which he will get the idea of how much one can earn through Bitcoin investing and one can earn through trading BTC with cryptocurrency pairs. Actually, it's not your uncle's mistake, he might not be aware of the Cryptocurrency market and its potential.
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 do you let anyone control where you invest your money.
Crypto investment can be highly risky. And if it will take you a long time to get 2.000 again, you should be careful what to invest into.
However if you can get money from working easy agin, I think you should try to get some bitcoins or even some altcoins.
Other ways to get some crypto are to find some signature campaign you can join.
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?
Explain to your Uncle what bitcoins. And how wealthy people invest in it. Tell us all the details and how much profit you can get here. I'm sure your dad will have an interest in it. Or if you have friends take it to prove that your words are true. Jump to: