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Topic: Is Your Money Safer In Crypto than at the Bank? - page 52. (Read 9916 times)

jr. member
Activity: 252
Merit: 1
For me bank is sefer than cryptocurrecy because the bank was in bankruptcy you may get few amounts fo insurance.If cryptocurrrecy will gone,we have no assurance to get our money that we invest.
full member
Activity: 412
Merit: 152
Perceiving events in the future and beyond
In my opinion, it is a lot safer and better. A quick scan from etherscan can give you details regarding your holdings. Keep in mind to store your wallets offline. No hassle on extra charges which banks from time to time force on their users.
full member
Activity: 588
Merit: 100
Today it is not so. Many crypto-currency projects are closed, because they can not finance their development. But many projects did not have a goal to do anything. It's just a hoax. Therefore, for many, this is just an excuse.
member
Activity: 350
Merit: 10
Your money is safe only in your pocket. Investing is always a risk. If you want to earn a lot, then be prepared to lose a lot.
newbie
Activity: 177
Merit: 0
both of them are no good, because the good is to save money in the iron lock in locks by you, anti fuel and waterproof. LOL

I think saving the safest money is in the Bank, because the Bank has full trust in its customers, so when the customer loses his money then it can sue to the Bank to replace his money.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I think we've to be a bit practical here. If you're talking about savings you don't want to touch, then of course you're thinking of money you want protected, and if possible insured. Most government banks will do this, but then again, what happens when your government goes broke and can't keep its insurance promises? What happens when your fiat becomes useless and even countries like Argentina can't attract savings with high interest rates?

Practical: level out your risk. If you live in a strong economy, then save some. If you don't, save abroad or in another currency. And make Bitcoin one of your savings. Never everything in one, it's just silly.
full member
Activity: 378
Merit: 100
Adoption Blockchain e-Commerce to World
Digital wallet and bank are both good then they have different worth so i think there's no need to debate another thing we can earn non-stop money in life so better to use all kinds of ways to save our money for more secure actually i use both then i save also some in my place for more secure and i plan to save in more place because for my real more safe,i think mind don't have limit that's why we always think better like for thinking our safety for our future that's why we need all

Yes I agree. Both banks and digital wallet have their own of security that is offered to all its clients and users. It’s just that the banks offers insurance to give assurance to its client that their money is safe with them and they wouldn’t be in zero balance whenever something bad came up.
newbie
Activity: 81
Merit: 0
If you do not live in a 3rd world country or worse, banks are still safer in my view. But if you do not trust your country's government regarding economical acts, you can keep your money in crypto, of course.
I think that the cryptocurrency is much safer safe in the house. Cryptocurrency you will not be taken away ever, because they simply can not do it.
hero member
Activity: 756
Merit: 500
If you do not live in a 3rd world country or worse, banks are still safer in my view. But if you do not trust your country's government regarding economical acts, you can keep your money in crypto, of course.
member
Activity: 308
Merit: 10
it's safer to keep the money in the Bank, only there will be almost no profit.
newbie
Activity: 70
Merit: 0
In fact, in some countries, the fact that funds are placed in banks may not necessarily be safe, but people do not have better choices. Thus I believe that the investment in Bitcoin and another altcoins will be even more profitable, but it is still the most secure and remains to be discussed.
newbie
Activity: 101
Merit: 0
In fact, it must be said that money is safe in the world of encryption or in bank security. It is certainly not necessary to think that it is safer to put in the bank. There are some risks in the encryption world, which is unpredictable, but if you want to get more benefits, more The money is definitely better to put your money in encryption.
member
Activity: 111
Merit: 10
NNO, if we invest our money in a state bank, our money is transferred to the protection of the state and it is already responsible for their safety. Even in commercial banks, we have guarantees that our investments will be returned to us in the form of deposit guarantee funds, from which certain minimum deposit amounts are returned to investors in the event of bankruptcy of these banks.
newbie
Activity: 78
Merit: 0
I think it would be safer if money is kept in the bank rather than crypto. if you save money in the bank will not be lost, but if you save in crypto will likely be reduced. but do not be afraid to invest in crypto because crypto is more profit.
sr. member
Activity: 756
Merit: 250
As long as you keep your private key, it is safer and more convenient to a certain extent than in a bank. Because you can use and trade at any time.


You're right about your private keys dude though one thing is that banks are backed by government and insurances whice means you'll have means of retrieving your money if ever it gets compromised, one thing you don't have with crypto.
I think this is only a matter of time, sooner or later the crypto-currency market will be regulated by the state and it will also safely store its investments in the crypto currency.
newbie
Activity: 220
Merit: 0
I think the bank is safe enough to save money because your money will be insured but if you want your money to increase again, I suggest to invest in crytpo now, because the price is very low and the risk is small to get the loss and will benefit more from your deposit interest in bank.
hero member
Activity: 1246
Merit: 529
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As long as you keep your private key, it is safer and more convenient to a certain extent than in a bank. Because you can use and trade at any time.


You're right about your private keys dude though one thing is that banks are backed by government and insurances whice means you'll have means of retrieving your money if ever it gets compromised, one thing you don't have with crypto.
newbie
Activity: 54
Merit: 0
I think it's safer to save money in the BANK than in Crypto, but saving money in the Bank makes little profit because the Bank's interest is relatively small while saving and holding crypto will benefit more because crypto prices can go up to 100% percent in a short time.
newbie
Activity: 70
Merit: 0
I think it's safer to save money in the BANK than in Crypto, but saving money in the Bank makes little profit because the Bank's interest is relatively small while saving and holding crypto will benefit more because crypto prices can go up to 100% percent in a short time.
newbie
Activity: 238
Merit: 0
Safer of course in the Bank, it's definitely. On the storage of assets in the cryptocurrency in the future can give more profit.
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