Which do you prefer, bank or crypto? - page 27.

catsmile

full member

Activity: 476

Merit: 100

Quote from: ShowOffoN on September 21, 2018, 05:09:22 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 both. Because nothing is guaranteed 100% safety. So when you split it will help me reduce the risk if one of the two hacked. You should also divide your money into several wallets, not just one.

kramchers

full member

Activity: 854

Merit: 101

As of now i prefer both to have.
I do have a bank account until now as cryptocurrency is not stable now.
Putting all your money in crypto is not applicable we should have safety precaution also.
But i do believe in cryptocurrency still and i am keeping more than 50% of my assets.

picaszo

member

Activity: 434

Merit: 10

to be honest, I will choose the bank as a place to store money. if suddenly I need money then it will be easy to take money because it can be taken from any ATM. in my country crypto is not legal so it might be quite difficult to withdraw money

pallang

full member

Activity: 518

Merit: 100

For now i would rather choose banks because i know that my money would be safe but compared to investment in cryptocurrency banks gives a low percentage whereas in cryptocurrency if you invest and choose the right project you can have a big profit.

rika0223

full member

Activity: 634

Merit: 128

actually I like cryto but in my area crypto has not been recognized at this time I prefer the bank because the bank in my area is trusted to keep the money and if later crypto has been recognized then I prefer crypto.

MOProgress

full member

Activity: 868

Merit: 116

To me both of them are good, but crypto is only a kind of investment while bank is a kind and place to save your money, the difference is that banks use our money for business and give us little or no profit for it.

TelolettOm

hero member

Activity: 2086

Merit: 553

Leading Crypto Sports Betting & Casino Platform

of course both of them I like, banks for depositing money from investment. whereas crypto is a place for me to invest and make money everyday for my life.

Kezacky

member

Activity: 746

Merit: 10

https://axiomapay.com/

actually both are safe and vulnerable. in the sense that in the real world the majority of people are more familiar with banks so they prefer to keep it there. but if crypto users have to store their assets in the digital world wallet.
like Crypto is vulnerable to hacking in cyberspace and banks that are vulnerable to fraud in the real world. basically depends on the user and needs. so I use both to store assets that I have ...

okour999

member

Activity: 393

Merit: 10

Decentralized Gaming Platform - Play & Earn $

I think it is good in crypto but make a waste thinking because if you not thinking you will get big loss in buying crypto so if you want to buy a altcoin make sure your bought altcoin is longterm investment to earn a lot of bitcoin so think first before you buy a altcoin then hold.

evanesce

full member

Activity: 164

Merit: 100

Look ARROUND!

Depends on the situation. If a regular day-to-day using, I would prefer bank, because crypto is not jet developed and mass adopted to use it. But for the bigger sums, it is definitely easier, safer and cheaper to use crypto.

e@symode

full member

Activity: 616

Merit: 100

Quote from: skovbitcoin on September 29, 2018, 05:58:34 AM

Of course I prefer crypto currency! But at the same time I understand that this is very risky, because you can lose all your money. Bank - a reliable, but not profitable way to store funds...

A bank is also a structure that can very quickly lose the trust of people who invest in these banks, everything is very transparent today, only for banks, because bank investors are in a very strange situation today

kakonhat

member

Activity: 1106

Merit: 11

Crypto in my Blood

Quote from: ShowOffoN on September 21, 2018, 05:09:22 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?

Everywhere could be a problem but we can't stop for the problem. If we go to backward after seeing any problem then we are looser. Winer isn't getting scared to face the temporary problem. So we should be the winner preventing cyberspace scams. And we should think about where we can earn a handsome profit. And we know cryptocurrency is the best to earn a good profit than a bank.

itsik78

full member

Activity: 462

Merit: 100

Unequivocally, I will not put all my savings in crypto-currencies. Yes, I like it, I'm for the future with crypto , but now it's too risky and I'm not ready for it yet

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Quote from: megaplage on September 29, 2018, 05:06:38 AM

Quote from: ShowOffoN on September 21, 2018, 05:09:22 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 can't really decide. So far, I choose conventional banks at least because they have become a familiar sphere of life. I can take out a loan or get a card. So far, the cryptocurrency is not suitable to use it daily. Most likely I will choose banks

You're only susceptible to cyberspace scams if you don't take care of your own security. Crypto has got nothing to do with getting scammed, it's just the theme. You could still fall to the same scams using crypto or fiat. That said, I don't trust new crypto that has not got full security or mature networks. Look at all the smart contract fails. Wallet losses, just because of bugs. Bitcoin at least when a bug is discovered wham the developers get on it asap. That's why I can only really trust coins like BTC.

billy.ryoko

full member

Activity: 686

Merit: 104

If I only want to store my money, I would like to use the bank service, it safe and no FUD, but if I want to make an investment or earn my profit, it sure to invest in the crypto market better than the stock market.

paveel90

member

Activity: 255

Merit: 10

Quote from: ShowOffoN on September 21, 2018, 05:09:22 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?

Now I no longer trust the banks. I understand that the Bank's investments I'm not going to get large benefits, but I'm confident that my contributions are certainly not reduced. Cryptocurrency at the moment, unfortunately, there is no such guarantee

nebiki

sr. member

Activity: 742

Merit: 250

if I am of course a bank, because it is very safe and stolen is also difficult than crypto, because now there are many hackers targeting our coins
but if crypto is really good to get a big profit from the bank if I think

spopovss

full member

Activity: 672

Merit: 100

https://paynote.eu

I use everything, now it's not realistic to use crypto alone, it's impossible to live without banking services, maybe in the future banks will be used, but it will not be soon.

Haterstestbtc

jr. member

Activity: 329

Merit: 3

I do both preferences since they are runs with internet technology. Banks are already known for our ancestors depositing money and savings while crypto is also a new technology forms of assets just like bank supported by a blockchain which are also trusted for few years to present, other aspect of crypto are known for easy money in trading.

Franky2tor

newbie

Activity: 53

Merit: 0

The bank for me is important because i want also to have savings that outside from my crypto income, i don't want my crypto to be at-ease at a digital currency forever, i want to change some of it also to fiat.

Topic: Which do you prefer, bank or crypto? - page 27. (Read 3889 times)