Topic: Is Your Money Safer In Crypto than at the Bank? - page 69. (Read 9898 times)
In my opinion safer in the bank than in crypto. Because that's how we know that cryptocurrency is so unstable. So I just advise you to secure it in the bank. Different if for investment use. That's just my opinion.
I think that the crypto-currency world is a sphere in which people make money, if you want to leave your money safe, you should use the services of banks, because your money will be insured.
Just remember that there is always a risk of losing money, even in the bank, even in the crypto currency. Nothing is perfect.
Just remember that there is always a risk of losing money, even in the bank, even in the crypto currency. Nothing is perfect.
I think that every day to keep money in the cryptocurrency, it becomes a more secure way of storing money than storing money in a classic bank. Now banks introduce a lot of fencing and just go bankrupt, forcing people to go to the cryptocurrency.
If we wouls be practical, I think banks are way safer to put your money with than in Cryptos given that there's a chance to lose profit. This is due to the market volatility of cryptos which is clearly a normal thing as of now. The changes are what the investors are avoiding especially the loss of profit. So i'd say banks.
There is no 100% safety. The price of altcoin may fall at any time, a bank may collapse at any time. Just when investing you need to follow a few basic rules, for example, do not keep all the money in one place.
If you are a risky take person than investing in crypto can make you millionaire in couple of year s while in bank your money will be 100% safe but you will not get any sort of return or hardly any return which may not be worth of keeping the money in the bank. So depending upon your need and risk ability can choose accordingly.
If you live in a third world country, it is always safer because of the banks to fail. In any other country, if you go somewhere else, you can take the money.
Other than that, keeping the crypto money in confidential wallets is important as well.
Other than that, keeping the crypto money in confidential wallets is important as well.
I think it's more save if you put your money into the bank but it can't growth, if you put into crypto your money can have a legit growth.. But nowadays the crypto market is bad right now, i hope it will recover soon and this is the great time for you if you want to save your money into crypto, a really good position for long investment than save your money into the bank..
In terms of safety I preferred with the bank no matter what happen incase banks are rob you will still receive your money deposited and the bank are liable to return your money. In crypto the risk and volatility is very high there is no assurance that your money will be back if the price of coins is dropping. On the other hand, in crypto with regards to profit and easy access is preferred because I don't pay any taxes and at the same time I can check my balance easily.
To me it is safer in bank that crypto currency as crypto is not regulated, money can easily be recovered in bank than crypto since its decentralized platforms..
In my opinion your money is definitely safer at the bank because there's a lot of hacking and phising in crypto, but the value of your money will continue to decrease because of inflation.
I don't trust banks. And govs. And I think that the best safe deposit is cache in the woods 
But if choose from crypto and bank I choose crypto with small dep in the bank 
Diversification is live
But if choose from crypto and bank I choose crypto with small dep in the bank Diversification is live
I do not want to trust my money to the banks of my country so that the tax or the Bank itself can ask me questions that I do not intend to answer.My choice of cryptocurrency.
If we talk about security, everyone knows that there is no system in the world that is completely safe, so maybe the bank may be safer than crypto, but if we talk about profits, of course crypto is much more profitable than the bank
of course not, the Bank has existed for hundreds of years and cryptocurrency is a novelty for all, there are no clear rules of the game, a lot of risks, but soon everything will change
I think both cases are similar with each other because if you are illiterate about cyber security then you can lost your money in both cases.Second it's depend on your country cyber law. If cyber law of your country is strong then you can be safle in both cases.
When storing money in a Bank, you can not count on a high percentage of income, but at the same time keep them there safer. If you want to play roulette, you can transfer money to cryptocurrency and try to make money on market fluctuations.
Do not think that banks are more reliable, and the crypt is more profitable. I think that it's best to invest money in real estate.
If you live in a third world country, it is always safer because of the banks to fail. In any other country, if you go somewhere else, you can take the money.
Other than that, keeping the crypto money in confidential wallets is important as well.
Other than that, keeping the crypto money in confidential wallets is important as well.
Cryptocurrency is so volatile so it all depends. It's good to safe money in the bank but they give you nothing in return but crypto investment can give someone huge gain overtime .
There is no 100% safety. The price of altcoin may fall at any time, a bank may collapse at any time. Just when investing you need to follow a few basic rules, for example, do not keep all the money in one place.
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