Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
Good question.We can't know what will happen to bitcoin and banks in 10 years.But my gut tells me that it is better to divide the amount of $ 50,000 in half and invest them respectively in the Bank and buy bitcoin!It is difficult for me to even imagine what will happen to bitcoin in 10 years,but clearly it will not disappear, which can not be said about the Bank. 
Topic: Survey: if you have $50k fiat ,will you invest in btc or put it in bank? (Read 437 times)
January 05, 2020, 03:33:01 PM
January 05, 2020, 03:14:14 PM
There is no doubt that the best option will be to invest in bitcoin rather than banks. Banks will only offer you small amount of profits after taking such a huge amount of money as investment. However if you decide to invest in BTC then you need to be careful with the investment plans that you go with. For instance never go in for margin trading, just monitor the market and buy when bitcoin falls sell when you make at a substantial amount of profit.
January 05, 2020, 02:55:10 PM
I'd put it in a bank because who wouldn't? It's sarcasm if you didn't notice.
Asking this on a Bitcoin forum will only get you one type of answer. If you go to a car enthusiast forum and ask if they'd put money in a bank or buy a car you'd also get similar results. They'd all choose the bank, I'm sure of it.
Asking this on a Bitcoin forum will only get you one type of answer. If you go to a car enthusiast forum and ask if they'd put money in a bank or buy a car you'd also get similar results. They'd all choose the bank, I'm sure of it.
January 05, 2020, 02:33:49 PM
First, this isn't a real survey, it's just a question on a forum, and it has insane bias since we're on a forum for Bitcoin enthusiasts - whatever results you will get from this "survey", they wouldn't be very useful.
For me personally, I'd invest in real estate instead of bank desposits or Bitcoin - I already own Bitcoin, I don't trust banks to hold large sums and I don't believe they would offer good enough returns to justify the risk. Real estate feels less risky and more profitable to me.
For me personally, I'd invest in real estate instead of bank desposits or Bitcoin - I already own Bitcoin, I don't trust banks to hold large sums and I don't believe they would offer good enough returns to justify the risk. Real estate feels less risky and more profitable to me.
January 05, 2020, 02:32:22 PM
Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
It is good to think about profits, after all who does not like to see money increases a lot? But we also have to think about security especially if we are talking about long term things like 10 years.
Ask yourself the following:
If you die within those 10 years, who would your money be with and how would these people benefit from your money?
If you think about it, then you will think better about the type of investment you should make. The profits are really good, but there are security issues.
January 05, 2020, 01:16:17 PM
Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
@tukagero I’ll invest my entire $50k in bitcoins, because in 10 years bitcoin prices will definitely shoot upwards and I’ll become a millionaire. Though my investment strategy is risky but I feel that banks would give me very low interest rates, and I would not become rich by holding my money in banks hence I would opt for investing in bitcoins.
January 05, 2020, 12:50:55 PM
If I have this amount of money, which it's 50k$, I'm sure that I will invest most of it in bitcoin or maybe the whole amount as I know now that bitcoin's price isn't that expensive and we'll obviously see a huge increase of bitcoin's price in the future, so it will be a good opportunity now to invest in bitcoin and just wait till the price will pump again.
January 05, 2020, 12:41:49 PM
Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
$50k is a lot of money and for me especially, it can change my life for good. If I were to use it wisely, I would use a portion of it in various investments.I will invest more of it in bitcoin and put the rest in bank for safer side. Both bitcoin and bank has it's own pros and cons over one another.
I personally don't like the concept of banks and hence will invest a major chunk in bitcoin while keeping the rest in stupid bank.
January 05, 2020, 12:41:16 PM
I guarantee you that not one millionaire in the world got that way by putting money into the bank.
The interest a bank can pay you in a year, you could gain in a day with bitcoin.
If you are on the fence, do both, put $25k in each.
Still, it could be risky in bitcoin you could also lose your investment if the bitcoin market price was a dump, yes it could easily recover but it was easier said than done most of the time when the market go down a lot of people could easily fall down and lead to panic selling their bitcoin. Just a reminder before investing in bitcoin.The interest a bank can pay you in a year, you could gain in a day with bitcoin.
If you are on the fence, do both, put $25k in each.
January 05, 2020, 12:12:58 PM
With this amount I would like to pick a smart move I would buy at least 4 or 5 Bitcoin and with the remaining amount I would travel to my dream country and that's my strategy to make the correct use of $50k fiat and I am definitely sure and confident that I won't disappointed with my decision.
January 05, 2020, 12:04:18 PM
I guarantee you that not one millionaire in the world got that way by putting money into the bank.
The interest a bank can pay you in a year, you could gain in a day with bitcoin.
If you are on the fence, do both, put $25k in each.
The interest a bank can pay you in a year, you could gain in a day with bitcoin.
If you are on the fence, do both, put $25k in each.
January 05, 2020, 11:54:31 AM
It's a famous quote from Warren buffet " never put all your eggs in one basket ".
50k $ is a big amount. I would buy 1 or 2 bitcoin with this amount. Buy a house and put the rest in bank for passive income. Always invest in different areas not at one single place
That’s warren buffet quote,what is yours? That doesn’t mean you should invest in btc,you can start others online business or you can start others business in offline.Bank interest is very low,and I am not agree to keep money in bank. 50k $ is a big amount. I would buy 1 or 2 bitcoin with this amount. Buy a house and put the rest in bank for passive income. Always invest in different areas not at one single place
January 05, 2020, 11:52:49 AM
Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
Surely both of this investment is great, I think it will be better in to invest it in bitcoin or cryptocurrency since the market was volatile if could easily make a profit in your bitcoin wallet but still like a lot of users here telling you should already know the risk in investing in bitcoin Also as the market or community is getting bigger most of the time the bitcoin market price is pumping. But still, for me, there is always a risk in investment even in starting a business so I would like to take that risk in my opinion. 
In banks surely there is less risk in investing since they would just store your money in the bank and maybe could earn a small profit of maybe 2$ per year depending on the bank you invested.
If I were you I think I would not invest this money in passive business since it was already a good amount to start a business like apartments or small business like stores, coffee shops, etc.
There is always a risk in investing your money even in businesses but sometimes you just need to be a risk-taker in order to be successful also passive income is also a great investment since it could give you profit even if you don't do work as an apartment, you could easily earn money monthly with this investment.
January 05, 2020, 11:08:26 AM
I believe the interest comes from Bank and not earned by holding a fiat currency like you would gain for holding Bitcoin.
The best way to compare is, lending Bitcoin long-term to a business & getting paid interest vs lending to bank long-term and getting paid interest. I honestly would choose lending Bitcoin long-term because of its deflationary benefit compare to fiat inflation.
You don't have to lend Bitcoin just hold it. The best way to compare is, lending Bitcoin long-term to a business & getting paid interest vs lending to bank long-term and getting paid interest. I honestly would choose lending Bitcoin long-term because of its deflationary benefit compare to fiat inflation.
Both banks and Bitcoin give you some interest but Bitcoin is better in every way because:
-the interest is much higher
-there are crypto dividends to profit from (coins given to bitcoin holders like BCH)
-you are responsible for your money and don't have to depend on the bank
-it's easy to hide your coins from the government and taxes.
January 05, 2020, 10:42:19 AM
If we save it in the bank $ 50k money would indeed be safer, but the drawback for the interest offered is very low. So in the bank
very difficult to generate greater profits. If we invest $ 50k in Bitcoin, it is more dangerous because of the risk high. So after
I considered I chose to halve the money I had. By depositing $ 25k in a bank, then remaining capital I will invest $ 25k in bitcoin.
That way I will maximize profits.
very difficult to generate greater profits. If we invest $ 50k in Bitcoin, it is more dangerous because of the risk high. So after
I considered I chose to halve the money I had. By depositing $ 25k in a bank, then remaining capital I will invest $ 25k in bitcoin.
That way I will maximize profits.
January 05, 2020, 10:40:42 AM
Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
$50k fiat, $30k i will buy house from it. $15000 i will open new business like sell food. And the rest $5000 maybe i will save it as BTC. When price increased, i sell it little by little or maybe when i really need the money. if not then i will keep my BTC for long term investment. Although people will said that BTC will be good in future, in case i have that money i will buy house and rent it (passive income), and sell food (another passive income). 
January 05, 2020, 10:38:20 AM
I'd say putting it in a bank is much more secure here is a simple math, investing your $50,000 on a bank that gives you usually 0.09% of interest rate and compounded annually, that will be
F=P〖(1+r/n)〗^nt ; F= $50,000(1+0.09/1)^10= $140,633.2391 (correct me if my computations are wrong) but basically that's what you will get after ten years when you save it on a bank, however, investing it on bitcoin is very risky, considering the sudden downfall of the market of the bitcoin it's not advisable to invest it on bitcoin as of now.
If you are considering banks, you also need to take into account the tax retention as a done deal (therefore diminishing the interest rate), where as the part in crypto may not be subject to taxation until converted to fiat (this all depends on the country of residence and their taxation laws).F=P〖(1+r/n)〗^nt ; F= $50,000(1+0.09/1)^10= $140,633.2391 (correct me if my computations are wrong) but basically that's what you will get after ten years when you save it on a bank, however, investing it on bitcoin is very risky, considering the sudden downfall of the market of the bitcoin it's not advisable to invest it on bitcoin as of now.
Anyway, in your example, if you are really considering an interest rate of 0,09% anually, then the appled formula should be F=P〖(1+r/n)〗^nt ; F= $50,000(1+0.0009/1)^10= $50,452 (a benefit of only 452$ after 10 years).
(you were considering a 9% anual interest in your formula, which would render a result of $118,368).
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January 05, 2020, 10:25:51 AM
Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
I will use $30k fiat to buy bitcoin, save $10k in the bank, and use $10k for my daily needs and build a new business. I am sure that my money will increase in bitcoin investment, in my new business, and my bank account. Although I don't know much about my future, at least, I have an asset that will works for me in the future so I can prepare my future. If I can make a profit in my business and bitcoin, I think I can get a lot of money in the next 10 years so I can use some money to do the other things to get more money.
January 05, 2020, 10:16:22 AM
In my view, I will put half in a bank and definitely the rest I will invest in bitcoin. As been said it is better to be wise where to put your money to grow. There is a great opportunity in investing in bitcoin. So I will never invest in full so it is our own decisions on this matter.
January 05, 2020, 10:09:46 AM
No more second thoughts, I will invest it to btc, $50k is a lot of money and it is a good start for investment. It is very risky but as long as I know what investment that I am doing, it will be fine.
I think both of them are different and have their pros and cons I think the bank is a great wallet that you could put your money since it is safe and you could also earn a small profit through the years.
It could be a great wallet since it is safe but the interest is too small compared to investing in bitcoinAnd then bitcoin if a great investment since you could earn a good amount of profit in just a small-time but the risk is so high compared to banks and also your money could also go down or dump.
Investment in bitcoin will take a lot of time and not small-time, the risk is too high and if we can't take it, then go and store it in banks.Jump to: