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Topic: Which do you prefer, bank or crypto? - page 24. (Read 3889 times)

jr. member
Activity: 336
Merit: 1
October 01, 2018, 05:07:38 AM
For the results of real work, I will save it in the bank, and for the results of the bounty or trade, it is stored in crypto form. So this two storage have different functions and have advantages and disadvantages that sometimes we cannot control. But to anticipate losses, I keep it in the bank.
sr. member
Activity: 532
Merit: 250
The Exchange for EOS Community
October 01, 2018, 04:47:48 AM
Each of these investments has its pros, cons and risks. Investing in cryptocurrency is risky, but I invest most of my finances in cryptocurrency, but I also have deposits in the Bank.

Yep, both of them have their pros and cons, but in one case you are the only owner of your assets while in other you give your money to someone who can easily steal it if it becomes more profitable than use it to gain more money while they share with you only a little part of percentages Smiley
copper member
Activity: 210
Merit: 0
October 01, 2018, 04:30:31 AM
i prefer neither banks nor crypto, but i use both. i consider both very reliable, so i can not say what i think is better.
full member
Activity: 278
Merit: 100
October 01, 2018, 04:24:09 AM
Each of these investments has its pros, cons and risks. Investing in cryptocurrency is risky, but I invest most of my finances in cryptocurrency, but I also have deposits in the Bank.
member
Activity: 184
Merit: 10
October 01, 2018, 03:43:57 AM
Those two alternative is very great and it's additionally rely upon the situation or circumstance. In any case, for me, I value the crypto however I very much want the bank for some protection issue. The robustness and the risk is most impressive when in happens to cash and legitimate issue. Additionally, you cash is 100 percent safe on bank while in crypto there's a considerable measure of issue extraordinarily when the framework is at down minute. Like the same number of crypto client said " the hazard is too high, include its unpredictable idea".
member
Activity: 166
Merit: 10
October 01, 2018, 03:33:36 AM
I think our national banking system is very safe. If it's a deposit, I'd rather be in the bank. If it's an investment, I'd use my spare money to buy some bitcoin for a long time.
Any kind of bank would be able to get your money and not return it to you. Banks are not safe, you have to be careful using them.
member
Activity: 216
Merit: 10
October 01, 2018, 03:27:36 AM
I’m always support cryptocurrency because lot’s of crypto is a halal and too many Muslim make this project, I see in a couple of month age Arab make a halal project for Muslim but if you put your money in your bank it is not halal so as a Muslim I’m always support crypto. You can make a better life in this online market in your halal income with making money, so at the moment I’m prefer cryptocurrency.
member
Activity: 518
Merit: 16
October 01, 2018, 02:50:09 AM
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?

I choose national.bank to store my money. Because my money is not realy much,it is just so so.but maybe I have so much money, maybe I will like to choose 40% in Crypto, 30% on bank and 30% on investment
jr. member
Activity: 252
Merit: 1
October 01, 2018, 02:40:09 AM
I think our national banking system is very safe. If it's a deposit, I'd rather be in the bank. If it's an investment, I'd use my spare money to buy some bitcoin for a long time.
member
Activity: 253
Merit: 10
October 01, 2018, 02:34:43 AM
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?
Personally, I prefer to distribute my money for storage in both these directions. Everything depends on my specific goals. For stable storage of money, I usually prefer banks. But for the conduct of transactions I choose crypto, because all operations are actually made much faster and more profitable.
member
Activity: 364
Merit: 10
September 30, 2018, 04:57:15 AM
My opinion is if you want to get more profit then crypto is better option I think. Bank can't give you profit like crypto.
 If the bad condition is gone then I think your money will increase more. So my choice is you can store your money in crypto.
member
Activity: 232
Merit: 10
September 30, 2018, 04:51:44 AM
I think banks and cryptocurrencies are two different roles. We come to the cryptocurrency market to make a profit, but the bank can only provide us with a stable interest!
jr. member
Activity: 182
Merit: 1
September 30, 2018, 04:49:06 AM
All the theft and problems with money or documents we have as a result of the fact that we are to blame for this! As for I banking systems-they are now at a level above the security systems of the cyber world because in cryptocurrency is still the beginning and of course most likely that it is safer to store their funds in banks than in cryptocurrency! In crypto-currency storage, insurance systems are still underdeveloped than in conventional banks and you can simply insure your funds! But in the world of cybersecurity is now being very serious development and soon it will be everyday!
sr. member
Activity: 1428
Merit: 251
September 30, 2018, 04:44:51 AM
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?

I am still put my money in the banks for emergency thing. Cryptocurrency still not popular in my country and not many merchant accept cryptocurrency for payment. Banks still usefull right now because have good infrastructure and we can withdraw our money anywhere and anytime thru ATM
newbie
Activity: 40
Merit: 0
September 30, 2018, 04:44:44 AM
To be honest, I will choose banks because crypto is not so good and I'm afraid of losing. At least, we can believe in banks now
full member
Activity: 686
Merit: 104
September 30, 2018, 04:41:34 AM
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?
I prefer a bank, because if there is a theft case there will be a party responsible for the incident. while crypto, no one is responsible because the government itself has not regulated crypto.
hero member
Activity: 1498
Merit: 586
September 30, 2018, 04:34:37 AM
In general, I would say I prefer both. Right now, we can not ignore the banking system, if we sell crypto, we get the Fiat in our bank account most of the time.
I choose both, because both are have different uses. Bank is safe to save our money and when we put our money to them our saving will be secure while crypto if we used it there's possibility we can get a lot earning from it. Also i prefer both because in the bank there are no reason to lose your money because they are the responsible when something happen to their bank, then the crypto whe  you put your money to it, possible it will lose.
member
Activity: 196
Merit: 10
September 30, 2018, 04:20:47 AM
In general, I would say I prefer both. Right now, we can not ignore the banking system, if we sell crypto, we get the Fiat in our bank account most of the time.
sr. member
Activity: 661
Merit: 251
September 30, 2018, 04:11:10 AM
I have not kept my money in banks for a long time, especially after the latest innovations in the Russian Federation. Now banks at any time can block the account if they think that the money is extracted by dishonest means
member
Activity: 140
Merit: 10
September 30, 2018, 04:06:05 AM
I already begin to regret that I keep the money in cryptocurrency. For a long time I did not get profit. One only losses  Embarrassed
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