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Topic: Is Your Money Safer In Crypto than at the Bank? - page 23. (Read 9927 times)

newbie
Activity: 81
Merit: 0
In my opinion, I do not think that investing in cryptocurrency is safe. Better keep the money in the Bank .
sr. member
Activity: 504
Merit: 250
For now, banks are safer than crypto to save your money. But I think if you save your money in crypto, you have the opportunity to get more profit. Crypto is better for investment but banks are safer to save your money.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
I think, banks is better, more safety, but government can check your counts
And do taxes forcefully aswell, but that's not wrong though, as a good citizen we should always do what we are required to do including paying taxes but there's some people that wants privacy and saying that it's a really important thing, cant blame them for that.
But to be honest, crypto really helping me as a mean of sending payment online, using credit card or some kind always left me worries about the data safety.
member
Activity: 196
Merit: 10
I wouldn't say monies are start at cryptocurrency because cryptocurrwncy investment is about taking risk but for banks and I mean legit banks,you can save and the problem I have about them is the little interest they offer to members.
newbie
Activity: 75
Merit: 0
I think i would choose keeping my money in crypto over bank, but i will not still keep everything in there. The reason being that crypto is volatile. The is every
tendency for you to loose at some points. Although, that is why some people opt for tether (USDT). Also, if i am going to keep my money in crypto, i will ensure i put all the necessary security measures in place. I would even recommend keeping all your cryptoo assets in hardware wallet.
We cannot totally depend on crypto and should never put all our money in crypto currencies, because still crypto currencies are not too much trusted an it is never good to put all our money in crypto currencies, we should distribute our investment in different places.
newbie
Activity: 21
Merit: 0
I think, banks is better, more safety, but government can check your counts
member
Activity: 448
Merit: 12
I think i would choose keeping my money in crypto over bank, but i will not still keep everything in there. The reason being that crypto is volatile. The is every
tendency for you to loose at some points. Although, that is why some people opt for tether (USDT). Also, if i am going to keep my money in crypto, i will ensure i put all the necessary security measures in place. I would even recommend keeping all your cryptoo assets in hardware wallet.
newbie
Activity: 59
Merit: 0
Of course it is. The bank at any time can burst like a bubble, and the crypto currency is very much developing now
jr. member
Activity: 140
Merit: 1
When the market grows it's more profitable to keep them in the market but when it falls better I'll keep them in the Bank )
member
Activity: 322
Merit: 10
It's stupid to keep everything in a crypto currency. Money should not lie somewhere, find the right application for them, invest somewhere
newbie
Activity: 18
Merit: 0
Banks are safer but you can gain much more money in crypto, or maybe lose it all!
But I think in the future all of people will invest in cryptocurrency and trust it over banks, this will happen
newbie
Activity: 45
Merit: 0
Banks are the safest place for money, but if you want to double your money with more value, cryptography is the place to copy it, but there's no guarantee here.
member
Activity: 168
Merit: 10
The market for crypto currency is so small that it can not be damaged by the global financial crisis / More money will come than it will be in outflows!
sr. member
Activity: 510
Merit: 250
Well, about the safety of a very controversial issue because for example the hackers breaking the Bank is very unlikely, but the breaking of your crypto is very probable
newbie
Activity: 238
Merit: 0
This is very clear according to me and my and my answer is no because your money is only safe in bank not is crypto world. and this is not the point to panic because your bank doesn't give you that's much profit ever that cryptocurrency can gives you very easily.
hero member
Activity: 1484
Merit: 500
Across The Universe
Dear friend,
Is Your Money Safer In Crypto than at the Bank? Oh, that is a good question. I am not sure about that. The bank is legal, but the crypto is still illegal in many countries now. So it is up to your thinking of the finance.
yea some country have thier own law. but i think is okay to save your money into your cryptocurrency because you are not only can saving you also can make trading here or just holding some asset. we can exchange crypto with paypal and withdraw into your bank account
member
Activity: 168
Merit: 10
Well, here I can argue. After all, at the moment, something is difficult to predict. We can not say what and how it will live in the future. So, it remains only to hope that the money invested in the crypto currency and into the bank will not disappear anywhere. Grin
newbie
Activity: 29
Merit: 0
I guess both are viable in storing your money as it always depends om the user who is handling the account. It all goes down in their ability to manage their money since banks and crypto wallets only offer basic security that we do not have which is of course the storage for our money. It will always come down in the person if they are financially literate enough to keep their money secured.
member
Activity: 448
Merit: 10
at this time crypto does not look safe because of the price drop and this is the only criterion by which I judge so I think the bank is safer
newbie
Activity: 224
Merit: 0
Dear friend,
Is Your Money Safer In Crypto than at the Bank? Oh, that is a good question. I am not sure about that. The bank is legal, but the crypto is still illegal in many countries now. So it is up to your thinking of the finance.
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