Topic: Is Your Money Safer In Crypto than at the Bank? - page 71. (Read 9898 times)
Is more safe to keep the money in the bank. But if we talk about profitability, it's much to talk about.
No your money is not safer in cryptos than it is in the bank, in fact your money in much more safer in the bank than it is in crypto. 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
The problem is that if someone hacks in to your crypto-wallet, all of your money is gone. But if the same happens with your bank account or credit card, then the bank will reimburse that amount.
Perhaps when we talk about storage and asset protection, banks are always at the forefront, they bring us almost absolute assurance, because the government manages them, if they have any fraudulent signs and get complaints, reliability will decrease, the government will take strong measures against them when they discredit the government. Therefore, banks always emphasize the issue of prestige and not let anything happen to the assets of the customer while crypto can not achieve that, it is a derelict field, no proper management and rules, fraud and theft are frequent occurrences
Hi, I don't think to put money in crypto is safer than at the bank! because nowadays the cryptocurrencies are very much at risk of being attacked by hackers and scam! But putting the money at the bank maybe you will be effect by inflationary, you loss money. Buy the gold is the best safety because Only gold is the power of the economy.
Today, if to compare what is safer, I would recommend the crypto because I don't trust banks anymore. Crypto has a secure system which makes it not so vulnerable. Thanks to blockchain, your money will be in a safe place
Yeah, especially with tax regulation, bitcoin is safer place for your funds. I prefer holding in crypto, because I can earn here 100 times more than at the bank. But avoid scams and margin trading!
We trust in banks because they have regulated by the government. Cryptocurrencys are not safe in sense of value. Today we can see how we loose our money and nobody are Responsible.
The safest place to save money is in the bank. Which I know, if a bank is robbed or stolen, the bank is willing to provide a refund guarantee. But in crypto, there is no guarantee if all asset robbed or stolen, it will be lost forever, it's very scary.
I still do not dare to save money in cryptocurrency even if stored in cold wallet, still have a risk of loss of assets.
I still do not dare to save money in cryptocurrency even if stored in cold wallet, still have a risk of loss of assets.
I think that bank is more reliable. It is correct to store coins in the wallet, but I keep on exchanges because I trade. And exchanges can be hacked.
The problem is that if someone hacks in to your crypto-wallet, all of your money is gone. But if the same happens with your bank account or credit card, then the bank will reimburse that amount.
Your money are definitely safer with crypto but there is a problem that don't provide a stable price on the cryptocurrency. But no one can steal your currency
I don't hold investment in a bank, what kind of invesment is that? It gives you low yearly income and I don't think you could call it an investment, although you are safe (depend which country you live in), of keeping your money. Cryptocurrency is good investment, but you have to think twice where to invest, as you have a high risk of loosing your hard earned money.
Yeah it safe enough to have your asset in crypto, but there some risk you need to consider before move your fiat into crptocurrency, the value is not stable today you buy it at 100 usd tomorrow it can be 10. And you better ready if that happend or youll be broke af.
I don't consider it safe with those things you've said and definitely feel the opposite. Cryptocurrency is a good investment in many ways and is quite reliable in that field and even as a mode of payment but when it comes to " safety " banks are still safer since your asset will not change in value.
How can you say that to keep money in crypto currency is more reliable than in a bank. Nonsense. At least for today it is a very high risk, as the market for cryptovals is extremely unstable. But on the other hand, keeping money in the crypto currency you can earn many times more than in the bank. Therefore, whoever does not take risks, he does not drink champagne.
I do not think that it can be said that in the crypto-currency, money is more reliable than in a bank. If this is an investment for the purpose of earning then of course it is a crypto currency.
Safer in the bank because there is a guarantee if something happens to our money. But if the crypto is not necessarily guaranteed as a case of hacking.
The safest place to keep money is at home in the closet 
.Many would keep their savings in crypto but you look at the rate.How can you be sure that tomorrow your 100$ won't turn into 1$.This fact frightens many.
.Many would keep their savings in crypto but you look at the rate.How can you be sure that tomorrow your 100$ won't turn into 1$.This fact frightens many. 
I don't think having my money in my wallet is safer than in a bank because bank have insurance if someone stole/hack funds, if some hacker will stole my coins from my wallet I will just loose my coins.
Although I have the similar point of view, I suppose that if you pick the safest cryptocurrencies and if you install a very good Antivirus program, you will never be hacked. However, I trust my bank and keep some part of money there.
I don't think having my money in my wallet is safer than in a bank because bank have insurance if someone stole/hack funds, if some hacker will stole my coins from my wallet I will just loose my coins.
But if you spend enough time to protect your account and work on yourself, not to accidentally give out information suggestive of access to the wallet. Also, there are hardware wallets that are more reliable storage under the mattress.
I think for long term investment, crypto is much profitable and safer in a sense that you hold your private key. However, due to the volatile nature of crypto, keeping your money in a bank would be helpful for short term expenses.
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