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?
Bitcoin investments will provide far greater profits than banks, but also have big risks. You should think more clearly in this case, because it will risk losing. I think the best way is to invest some that you have in the bank and some into bitcoin, and how long do you want to achieve in this investment, then tell your uncle as a proof in which future that can provide greater benefits. That is a way to be convinced to be easily understood and understandable by your uncle. 
Topic: Invest into Bitcoin or bank - page 4. (Read 1823 times)
You can choose two things to invest your money in the form of Bitcoin or in a bank. it's just your choice.
i'd rather invest my money into bitcoin simply because if i keep my money in bitcoin i can assure that my money will be doubled or might get profit in just a short time unlike in bank it will only get 0.25% interest annually which is not a profit and better keep it in bitcoin because the gain is big but its kinda risky but people should know the risk . Like today i don;t have money in bank since all of my money was in bitcoin
this time I mentioned in the local forum, the difference between bank deposits with bitcoin investment, in fact this is still a fundamental question, why? because in my opinion, this bitcoin is still a taboo thing, will it go where it will move? we all know that investment is to develop capital owned, of course if we invest in bank profit that we get fix, and surely every year, but if we want to get profit float in my opinion bitcoin is one of the best way to investment, as long as know risk obtained
If you want big profits in a relatively short time, I recommend investing bitcoin, but the risk is very high. Never invest what you can not afford to lose, do the market analysis well before buying.
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 cannot do anything to convince him except showing numbers to him and telling him what the world is talking about this bitcoin as a gold rush
Of course Bitcoin because more profits will be earned if you invest in Bitcoin rather than investing in banks that you may already know that your income is only a few percent already in the promised bank.
A number of people were victims of a bankruptcy here in our country and savings interest in the bank or the profit you gain is just very little compared to bitcoin if blessed with good luck. So I prefer to invest in bitcoin rather than in the bank. Transactions in bitcoin are very easy and simple unlike in the bank where it is time-consuming.
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?
for people who do not know well about bitcoin I think it will be opposed but they can be sure if the results we get from investing with bitcoin become real 
Certainly you can go with Bitcoin. Because bitcoin is best way to earn good amount of profit for investment. You can show the price of bitcoin of your uncle and also how you could control your bitcoin.No one can take it from you.
invested in bitcoin, our small scale supports bitcoin to the top trend. banks are not the right place to save for a long time
Depending on you also if you want to invest in Bitcoin and get a big profit, maybe it will make you instantly rich. But if you are looking for a safe and do not want to take risks as possible by investing in a bank will be 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?
Investing your money is very risky to the point that you're not sure if that money will be back on you in a higher amount or else it will be back to you with the same amount you've been give at the first place. For me it is better if you invest your money to the trusted bank you've chosen because you're assured that you're money will be safe there and anytime you need it you will withdraw it, while if you invest it in bitcoin, well it's also good but there's a time that bitcoin value gets lower and lower so investing your money in bitcoin is a big decision because you should have a lot of money for you to not be disappointed on everything that might be happen.
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?
In bank you can earn in a very limited interest, it is more safe but in bitcoin you can earn a good profits upon doing the best timing in trading or as long as bitcoin price rise again but with a higher risk. You have decide what do you want to do with your money.
Both of them I think are very profitable. Of course, the bank is safer than investing with bitcoin, but the development of profit from bitcoin will be bigger (if it can do market analysis well). My suggestion choose according to your ability.
Some factors to consider when choosing an investment plan or portfolio are:
-the risk involved
-Interest or returns projection
-Duration of investment
-Amount of money
- and maybe decision to diversify.
Analysis of investements can be based on these factors
-the risk involved
-Interest or returns projection
-Duration of investment
-Amount of money
- and maybe decision to diversify.
Analysis of investements can be based on these factors
It is much better to partly invest on both Bitcoin and Bank. It is just an assurance that if Bitcoin soon be failed and terminated or beat by other crypto (which is quite impossible yet has a .000000001 possibility it could happen) and therefore you have a bank to gain money with. Invest not only on both, but also on stock market, yet requires you to have a lot of knowledge and lecture with the marketing.
When you invest into anything other than a bank account, you are risking a loss of that investment. You could receive higher than bank’s rate or you could lose it all
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 $2000 is alot of money. Decision to invest is one that demand setting alot of precautionary measures. If your uncle wishes that you invest the entire money into Bank, My advice
1. Educate your uncle about your interest in investing in Bitcoin and the benefits you stand to gain with such investment.
2. Take time to listen to your uncles reasons for investing into Bank
3. Weigh both carefully information in depthly
4. Then decide on what you want to do with your $2000
However, if i were you, this is what i will do.
I will invest $1000 into Bitcoin, and the remaining $1000 in Bank.. And then wait for both sides to yield profits/loss.
Results from this will greatly advice my next decision of investment.
Bitcoin does have risks, as it is too young as a currency, but I prefer to take risks and earn with the help of cryptocurrency, it is more promising.
One can only earn money if we will take the risk. without risk i do not think that it is possible to make money. I think that banks can only hold your money for safety but cannot give you a good profit. I think that the only good way to make money is to invest your money in bitcoin from where you have good chances to make money. Jump to: