Topic: Which do you prefer, bank or crypto? - page 15. (Read 3908 times)
For me, if the price of the coin that I am holding has already stabled, it is good to store it on my personal hardware wallet, rather than sending it to bank, to ensure also that you keep your profile low and secured, and confidential.
In my own opinion I deal with the two but I would prefer Cryptocurrency because it gives more profit than the bank. Though it have other bad side of it which is lack of being careful which I feel both bank and Crypto have its own risky but the bank money is stagnant while the Cryptocurrency fluctuate which means it can rise at any moment but it will be best advisable to invest in crypto when you're sure of where to invest in. In any which way there is also huge risk in crypto due to the scam but this is not a reason not to deal with crypto because the bank itself has higher risk and you're not in total control of your money.
If you somehow transpired to ask me, it depends. I lean toward bank with regards to keeping cash, I think it is more convenient to utilize ledgers than crypto, and it is more secure in a bank I think the crypto investment fund. In any case, I usually incline toward digital mazuma regarding notional theorization. Purchasing and offering coins for benefits. Banks just give a yearly rate.
If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
It is best to keep money there and there. Whatever you say about banks, but at the moment, keeping money out there is less risky.
In cryptocurrency there is an opportunity to earn much more than in a bank, but the risks of losing your money are much higher. And here even the matter is not fraudsters, but the possibility of a sharp drop in the price of the coin that you bought.
Everyone decides for himself how to do it. I keep money in banks and cryptocurrencies.
I prefer cryptocurrencies, because they can be useful for you and they give you the opportunity to earn, and the Bank will give you a very small percentage of the year.
Now I prefer both a cryptocurrency and a bank. Each of these structures performs its tasks. And they cannot replace each other yet. But in the future, I do not exclude that the cryptocurrency will achieve such opportunities.
I would prefer to store in cryptocurrency because I think that the reliability of money storage is high and you can get a good profit
In the future, I will switch to cryptocurrency. Now I use cans because they are easier to use. It gives me more confidence in saving my money. I dream that in the future it would be different, and indeed the crypto-world would become a reliable alternative to banks.
I think everyone prefers like a bank and many cryptocurrencies. While everything is working in its direction. And to say that today a cryptocurrency can fully function as a bank, I cannot.
So far I prefer to keep my savings half in Euro, half in USD to diversify my funds and be less dependent on the exchange rates. Keeping them on my back account, for that matter.
As for Crypto, due to low adoption I have little to zero ways to spend Crypto outside the Internet, so at that moment Crypto is exclusively for online shopping. So far I stick to that model, hopefully later the situation will shift in the Crypto`s direction.
As for Crypto, due to low adoption I have little to zero ways to spend Crypto outside the Internet, so at that moment Crypto is exclusively for online shopping. So far I stick to that model, hopefully later the situation will shift in the Crypto`s direction.
I like banks and crypto because they have their own advantages. Banks save money freely and safely and have very small potential losses. while saving money in crypto is very vulnerable to falling because the cryto market is easy to drop, but crypto can be very profitable because the price can rise high and you will get a big profit.
in my opinion if only to save money I would prefer to save money in the bank because of its fixed value and reduce risk.
and in crypto we are not only to save money but to invest and make a profit. I don't think it's appropriate to compare bank and crypto in this case.
and in crypto we are not only to save money but to invest and make a profit. I don't think it's appropriate to compare bank and crypto in this case.
the bank gives very small percent on deposits. The bank is not reliable. I need big profit and it can be received only in cryptocurrency.
Cryptocurrency make good for payment without long process, bank can not be as efficient as cryptocurrency payment. I'm term of security, cryptocurrency payment is secure and immutable at the same time. Cryptocurrency payment is better than bank payment!
Crypto.
I like the cryptocurrency's decentralised nature as unlike banks, they are not bound to any rules and regulations by any government and no thrid parties are involved. There is a direct contact between the sended and the recipient.
Also, crypto provides you with bigger profit returns in a short period of time, unlike banks which give you only a fixed amount of return.
Cryptos are also not just investment assets but can also be used to make transactions throughout the world which are speedier, thanks to their blockchain.
I like the cryptocurrency's decentralised nature as unlike banks, they are not bound to any rules and regulations by any government and no thrid parties are involved. There is a direct contact between the sended and the recipient.
Also, crypto provides you with bigger profit returns in a short period of time, unlike banks which give you only a fixed amount of return.
Cryptos are also not just investment assets but can also be used to make transactions throughout the world which are speedier, thanks to their blockchain.
Cryptocurrency today holds a fairly strong position. Therefore, I will not complain if, over time, it replaces the bank’s services. But while the bank remains an indispensable part of each of us. And deny it is stupid.
I prefer to keep my money in banks but also I make a lot of investments in crytpo because this is our future and fast way to get rich)
It is serious question. On the one hand bank is better in terms of stability, but if you need fast money or transfer of big amount, you risk and it takes time.
From this point of view I prefer crypto
From this point of view I prefer crypto
Putting your money in crypto is most risky thing for me to invest your money and for banks its safe for me to put and you will earn how much interest you will by monthly.
They have their own characteristics. There is a big risk in the encryption market.We may be able to get more.Currency is more stable in the bank.Relatively speaking, I prefer cryptocurrency.
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