Topic: Invest into Bitcoin or bank - page 3. (Read 1839 times)
Best choice is Bitcoin. because It is long term strategy, you can earn and save a lot if you believe in 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?
You set half of what you earn and half of you invest in bitcoins. Explain to your uncle that bitcoin is a long-term investment, and at that time bitcoin can generate huge profits
I would like to suggest you to invest in 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?
Invest your money to bitcoin is better than keeping it at the bank. When you keep your money at the bank, the price that you cash in is the price that you will withdraw. But if you invest your money in bitcoin the price the invest there is a possibility that it will increase. Explain to your uncle the advantages of investing money in bitcoin. That there are many ways to earn money using it.
I've also experienced it, convincing people to understand bitcoin is easy because bitcoin is digital money and many people are less convinced of it, many people think the fixed bitcoin price is getting people to worry about their investment. What can be done is to divide the money so as not to worry too much if it does not get results in bitcoin. It takes more patience to hold until the bitcoin price is good or stable.
Investing in a bank is a safe bet.
However, it is not a smart investment, with low interest rates (about 5-6% per annum). The risk of bankruptcy is also possible
Investing in Crypto is more adventurous, but it is also very profitable
However, it is not a smart investment, with low interest rates (about 5-6% per annum). The risk of bankruptcy is also possible
Investing in Crypto is more adventurous, but it is also very profitable
You can try to explain him all about Bitcoin and how you can earn huge profit compare to investing it in a bank, i don't think that you need to convince your uncle because it is your hard earned money and you will be the one to decide on what to do with it.
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 the money is yours I think you can do whatever you want, don't you? And also, how old your is your uncle? Some people, after a certain age, simply won't understand such a technology stuff like bitcoin.
Invest in Bitcoin is always risky compare to bank but there are huge profit inside this risk, you will get huge profit if market goes up but there are also negative side if market goes down.
In my oppinion, it is depends on how long you will use your money then. As we already know that investing in bitcoin has a high risk rather than just put it into a bank. So, you should think about the risk first then tell it to your father which is more profitable.
Here in my country, the average earners does not practice investing on banks. There are so many papers and documents that is needed before you can open your account. That is why I choose bitcoin to make my investments and I have no regrets with it.
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 enlighten and introduce him by sharing your knowledge in the world of cryptocurrency. State the advantages on investing on it and mostly state facts on how effective this currency is up to date. Only then will he have an idea of its worth but if then he chose to stay with traditional banking, do not hesitate to follow the elder as it is only for the betterment of your future.
Just believe and invest in bitcoin. I'm sure if you are smart enough, you will get unstoppable benefits from bitcoin
Sometimes it is more appropriate to see evidences. Just like the saying to see is to believe it would be nice to start with something even how small the investment would be so as to give your uncle the chance to see it as profitable as a bank or even more.
I have an advice that you should invest in the bank, because if you invest into bitcoin, you have to spend many time for it and if it is not your main job, it's so tired.
Yes bitcoin investment may give you a lot of profit but only if you know how to play it right. Before investing in bitcoin make sure you have an idea on what you are about to get yourself into. Here in bitcoin we don't earn big profits all the time, a lot of bitcoin users lose a lot as well due to wrong decisions. Equip yourself with knowledge before investing in bitcoin so you won't have any regrets in the end.
I do prefer invest in bitcoin, you can gain much more money on investing in btc than banks. You can even be a millionaire in just snap a of finger, because the price of bitcoin in the market is really unpredictable. But you need to understand before investing in bitcoin is that, investing in btc so risky than bank, so you better think twice. If youre a coward just go in the bank. Yes bitcoin investment may give you a lot of profit but only if you know how to play it right. Before investing in bitcoin make sure you have an idea on what you are about to get yourself into. Here in bitcoin we don't earn big profits all the time, a lot of bitcoin users lose a lot as well due to wrong decisions. Equip yourself with knowledge before investing in bitcoin so you won't have any regrets in the end.
Investing in bank is too small interest compared to bitcoin. If you want a big profit go to bitcoin but before that you need to learn and study the bitcoin, so that you know what is going arround. Because investing in crypto is not easy as that.
For now and for me personally i do prefer to invest now on bitcoin why? Investing is easy as 123, Profit is easy too as long you know how to trade, you can control your money you can pull out anytime you want very handy and no many requirements needed.. Just an online wallet and funds in it.
Yes bitcoin investment may give you a lot of profit but only if you know how to play it right. Before investing in bitcoin make sure you have an idea on what you are about to get yourself into. Here in bitcoin we don't earn big profits all the time, a lot of bitcoin users lose a lot as well due to wrong decisions. Equip yourself with knowledge before investing in bitcoin so you won't have any regrets in the end.
I can be invested and can be bitcoin is very helpful for this so bitcoin should be maintained and improved and hopefully the results each year increases with the maximum
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