Topic: Is Your Money Safer In Crypto than at the Bank? - page 6. (Read 9898 times)
For me it really depends on where you store your currencies. If you store them in an exchange and it gets lost like Mt.Gox all your funds are lost, so bank is safer. But if you handle your currencies right, you will have safe currencies, too.
For me does not matter my money in cryptocurrency or in bank. Both there, and there they not in safety. But at least when they in cryptocurrency, they prinyasit to me more income than in bank.
Actually I don't think so because crypto is shaking extremely hard now, you'd store 10000$ and be with 3000$ after several months, so where is safeness?
I will say NO to this question. If your money is in the bank, there is a full assurance of the safety of that money. but when the money is in crypto, there are three thing involve, is either the value reduces, Increases or even lost your investment to scammers.
Exactly, the bank under the management of the government, it will always be a very safe place for our money, unless the bank and the government cooperate to get money from us, otherwise, our money will always be there with a security group and a thick gate. While the crypto is as obvious as you say, it is very volatile and it can happen in just a few minutes, we do not have the safety here, what we have is the opportunity to make more money and enrich us
I cannot tell that my money in cryptocurrency will be in bigger safety what in bank. It seems to me that it is one and too. With honors that in cryptocurrency you can earn more percent than in bank. But you can also lose practically all the money.
I believe that not all countries place money in banks safe, they can be lost and in that case. But it's just that many people have no choice, so they are forced to pay money to the bank. Personally for myself, I consider the option of buying BTC and reliable altcoins a more profitable solution for ambitious people.
My money are definitely safer in crypto, if I hold them on Binance or cold wallet. In other cases all of my money could be stollen, but in case of bank account, it can be frozen.
I still feel it's safer to stay in the bank, and the crypto market is a good place to invest for people who like to take risks.
But if you're smart enough, investing in crypto is more profitable than banking.
But if you're smart enough, investing in crypto is more profitable than banking.
we have to think about financial management, I think those who understand that will definitely save their money properly.
saving money in crypto assets we call it investment and we save money in the bank is our base money
More risk so more returns....depend on what you are looking for
I still feel it's safer to stay in the bank, and the crypto market is a good place to invest for people who like to take risks.
But if you're smart enough, investing in crypto is more profitable than banking.
But if you're smart enough, investing in crypto is more profitable than banking.
If we only discuss security, then it is safest to put it in the bank, but if we are discussing the issue of income, then investing in bitcoin is better!
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Of course! Crypto belongs only to you, and keeping the money in the Bank you give them into the hands of greedy bankers who can deceive you.
For me, both are the same, I experience illegal activities in my bank account before where I have missing deposits, but in crypto I have not yet encounter such thing, but i heard people complaining that there crypto funds are missing in their wallet.
maybe ot's not lost, but the value is reduced because the market price is bad, and it makes theselling price weaken. if we don't find that in the bank. so I think it's safer to keep it in the bank
In my opinion bank is safer than crypto. Reason why? Banks have a lot of way to make sure that your money is safe. Once you've lost your pin. Bank can always retrieve it for you. They have a lot of security protocol. Not like in crypto once you lost your private key your dead. But in investing crypto is the best though it is really risky.But still its worth it.
The bank must be safer, and the cryptocurrency is now and very unstable. I think the future cryptocurrency can go beyond the bank.
I have long been about 70% of the earnings on the cryptocurrency go to the bank. This, in my opinion, is much more reliable. It is unknown what will happen to the cryptocurrency market tomorrow, and my money will not go anywhere in the bank.
Banks are safer than Bitcoin
with the existence of a support team, I think, the bank will be able to help us when we forget the PIN or Passcode
but if we forget the private key for BTC wallet, who will help us?
with the existence of a support team, I think, the bank will be able to help us when we forget the PIN or Passcode
but if we forget the private key for BTC wallet, who will help us?
I think it will safer at the bank.
In bank you surely can get profit.
But in crypto, it's so risky because the market is so unstable.
No one can predict what will happen next in crypto.
In bank you surely can get profit.
But in crypto, it's so risky because the market is so unstable.
No one can predict what will happen next in crypto.
of course, isn't approximately the safe garage of money, and if you save cash in cryptocurrency, you need to cautiously pick out which coin to invest, in order not to lose cash and the danger is always massive enough, while in the bank your cash will no longer be exposed to sincerely no risk
For me, both are the same, I experience illegal activities in my bank account before where I have missing deposits, but in crypto I have not yet encounter such thing, but i heard people complaining that there crypto funds are missing in their wallet.
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