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Topic: Is Your Money Safer In Crypto than at the Bank? - page 22. (Read 9916 times)

member
Activity: 322
Merit: 10
In the bank money is much more safer, but in the bank money can not make a profit as in cryptocurrencies. Any profit implies a risk therefore it is necessary to decide whether to take risks
newbie
Activity: 44
Merit: 0
Cryptos are just an investment and just like any other investments, it is not an exact science, there is no guarantee that you will make money from it, so you should be ready for that risk Smiley
newbie
Activity: 70
Merit: 0
I believe that putting money in a bank is safer than investing in cryptocurrencies. If your money is stored in the bank, you can get help in the country where that the bank is situated. Now cryptocurrency is a people's investment. A lot of people going to invest in cryptocurrencies. The investment risk is too high, but I decided to invest in cryptocurrencies. Because money is mine, there is no any reason to fear. Because the crypto market will not close. There are little drops and rises every time. But it surely gets recover.
jr. member
Activity: 48
Merit: 1
If it is replaced with a crypto currency, it is difficult to be stable in value.
But cryptocurrencies also have a good place to earn more profit. It can Let us become rich, but also may lose a lot of assets.
newbie
Activity: 68
Merit: 0
I think it's still safe to keep your money in the Bank. But in the Bank, your investments will not be increased ,as you would be able to increase them in Crypto. It is already possible to think .
full member
Activity: 406
Merit: 100
I agree with you. Therefore to minimize losses I keep part of the money in the bank and invest part of the money into the crypto currency.   
newbie
Activity: 76
Merit: 0
Bank are more safer to place your money but Crypto has higher potential to double or more your but it can make you lose it all too
full member
Activity: 426
Merit: 102
Radix-The Decentralized Finance Protocol
I think it's safer cash  Grin The crypt0 can make you rich, but it can  break you .. it's just like playing roulette. it all depends on your financial situation.. if you can afford to invest - the crypt is not a bad decision..
jr. member
Activity: 86
Merit: 1
I think your question is a personal thing. It also depends on the type of coins you wish you hold. With Fiat your money Is fixed with crypto your money is either increasing or decreasing in value due to the matket
newbie
Activity: 198
Merit: 0
It all depends on what you want to do with your money you want to keep it safe thats the function of the bank with low reward and low risk involved if  you want to invest and make more profits the you have cryptocurrency its all about choice
full member
Activity: 616
Merit: 124
well it depends on where you live. if you live in a strong country in europe or russia etc, they mostly guarantee your belongings in the bank. crypto is a bit less safe because noone can provide 100% secured and safe hardware+software.
copper member
Activity: 798
Merit: 3
No, this is very untrue that converting all your money to crypto and keep it by thinking of it is safe is a foolishness. So, guys never put your money in crypto for the prolonged period of time. Only invest for few months or till the profit come then exit from that coin.
newbie
Activity: 196
Merit: 0
The encryption of crypto money is protected by everyone in this market. An ordinary bank provides protection with 250 bits, while Blockchain protects with 400 bits. When we compare these two situations, it is seen how reliable krypton is.
sr. member
Activity: 1288
Merit: 253
it is definitely safer to save money in the bank because obviously there is something that can be accounted for, but if our intention for Crypto is to invest not to save money on what we save our money in the bank? so all back to what intention we allocate money, if only for savings, then save it to the bank and if you buy it for investment, save it in your wallet or exchange.
jr. member
Activity: 72
Merit: 1
i personally dont have faith in any bank. I hate the chronic centralization and regulations that comes with having my funds in the banks. Crypto  is the real fiat
newbie
Activity: 71
Merit: 0
Kinda in Crypto you will be able to get hack by some people that know how to hack. Its a risk when your money is in the bank the bank can be rob. But I'm sure crypto is more safer than bank.
member
Activity: 378
Merit: 10
“The Premier Digital Asset Management Ecosystem”
In terms of safety, bank deposits are always safer. But in terms of profit, crypto is always more profitable
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
I think for those who are not willing to take risk, it is safer in the bank because the value is stable there. But for the risk takers it is safer and better at crypto because it has the possibility of increasing very well.
That depends if we are talking about all of our money or just savings cause for me most of us would take risk with money that we put into our wallet for future and try to increase their numbers, but who knows which one is safer, that only depends on which we want to achieve.
hero member
Activity: 700
Merit: 553
I think for those who are not willing to take risk, it is safer in the bank because the value is stable there. But for the risk takers it is safer and better at crypto because it has the possibility of increasing very well.
jr. member
Activity: 98
Merit: 1
Well in case you're discussing the benefit you can get from it, I'll rather decide on crypto on the grounds that as the hazard is high so is the benefit high. Likewise, there are banks that couldn't deal with the assets of financial specialists and went into the dim, however in crypto your cash is dependably with you until perhaps you free your secret word.
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