Which do you prefer, bank or crypto? - page 35.

Lerosaeyan6

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Quote from: sumangs on September 26, 2018, 12:12:26 AM

Quote from: ShowOffoN on September 21, 2018, 04:09:22 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?

Cryptocurrency are safe but the price of those aren't stable yet. Example is Ethereum, many people have deposited their fiat to Ethererum but after several months it collapsed. Many people being upset after those unfortunate events. Making the trust on cryptocurrency declined. Better store on banks until crypto recovers.

I'm still new in the world of Cryptocurrency,. so I'm still not fully convinced by the Cryptocurrency, I used the bank and Cryptocurrency for my storage. I have a lot of saves using the bank because banks have long used than Cryptocurrency.

SnapFX

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If you have an amount in excess of $ 20,000, then you should think about investing this money in the bank. If the amount is less, you can try to use trust management from a reliable trader.

sumangs

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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?

Cryptocurrency are safe but the price of those aren't stable yet. Example is Ethereum, many people have deposited their fiat to Ethererum but after several months it collapsed. Many people being upset after those unfortunate events. Making the trust on cryptocurrency declined. Better store on banks until crypto recovers.

sarfield

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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?

Both of these places are good enough to store our assets, banks and crypto have advantages and risks, so care must be taken in managing identity and storing personal data so that it is not cheated or hacked.

00DKM@

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I like the boldness of the fluctuations and utility of crypto. Look at the fact, many countries evaluate very positively and the future and potential of this market. This stage requires a formal definition to integrate into legitimacy. Market value fluctuates according to the puzzling idea of the user. But it is still a trend. with the high inflation and the reform of some of the bank's defense rules. risk is increased. ceypto is my whole life.

mpandam123

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to save money I choose a bank because for now the crypto world is still not safe, but if I want to invest I need crypto rather than a bank

mbah

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the Bank or the same crypto has risks. but at the bank, I think potential lost it fairly small and also has a clear responsibility of the bank related parties except for some cases the mistake itself may not. But if the crypto then this there will be no safe words inside. While already logged in would inevitably accept the risk of loss to be ready and there will be no losses if this occurs.

danipay

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I am a cryptocoiners, and I am active in the cryptocurrency community.
there are some digital assets that I hold and save, so of course I would prefer cryptocurrency than fiat.

meng0qi

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I choose the former, which is the bank. Because i think that the cryptocurrency is used for investment, there will be risks when investing. To store money, i still rely more on banks with low risks.

zulfi125

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I prefer crypto, if you wants to low return on investment and don't wants to risk than bank is best and if you wants be rich and 10x profit than crypto is best.

kiansantan

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Cryptocurrency can be more profitable than saving money in a bank.
However, cryptocurrency does not yet have a practical application. This is still a noisy investment. Banks are still the best place to save money. So both of them are the same as I need as an investment place and a place to save the investment.

alberdina

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If you want to save money, the best and safest places in my opinion in the Bank. Keep the money in the Bank is safer because if you have a problem with the ATM card, you can directly ask the Bank officer to immediately to look for a solution. And by Bank officer will immediately tackle the problem. But saving money in different crypto if you are experiencing problems would certainly be hard to overcome it and even you can lose money.

Rumble97

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It depends on our belief, if you want to get more profit you can save it in crypto but of course there is also a risk, if you just save it you can choose a bank that is less risk than in Crypto, all of that there is profit and loss depends on confidence where do you want to save it

Haxor321

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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 suggest tgat if you can do both it is good. If you're earning good in crypto, of course you may put it in a bank so that while you earning in crypto you still savibg money in the bank. The idea of using both is a good tandem and sure to give you a good profot and savings. Use your earnings wisely. And if you are thinking about scammers, you may avoid them just make sure to be aware and knowledgeable about them.

Yatsan

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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 still choose bank over crypto because we all know that in crypto the earning isn't stable yet you may experience delayed, advance or else scam. But in bank the interest of your money was good. You will only put money and it will grow instantly. It may be a long wait yet it will be sure and less scam. While in crypto scammers are many and still growing the population.

SabrinaBianka

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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 supposed to be hold it in cash to stored that on both. Because on the bank they have chance to lose once the bank was robbed but it depends on the bank if that bank have a lot of funds. On crypto we cannot predict if what will be happen to our money if that will be rise or down so what if on crypto we needed to withdraw our money and the price was down right? So better hold on via Cash.

Benito01

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I choose both because when I`m holding my crypto coins and the price is good I will converted it and I will deposit those money in my bank account, because when I put money in bank my money is 100% safe and the value never change, that why I choose both because I want thats two, because I use it to earn money.

Perfect35

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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?

Each serves its different purposes, but i prefer crypto more, because of the immense benefits attached to it. Crypto will enable you to have full access and control over your assets. I have also seen so many crypto enthusiasts who prefer crypto more.

Zadicar

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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?

Why would I need to choose if I would able to engage myself in both things? No matter which way you would go you are still susceptible to frauds.Crypto is a very great innovation but we would really still need banks on our daily transactions yet crypto isn't fully utilize or adopted yet and when it comes to legalities then theres no doubt that people would still stick to those things which have been used since on the very first place.

Ingoats

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Quote from: ShowOffoN on September 21, 2018, 04:09:22 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?

It depends on one's preference because banks and cryptos has different advantages. For an instance, you are into profit, then choose cryptos because of the higher increase on the market value despite of the risks due to volatility. If your concern is security of not losing profit disregarding no profit at all, choose banks.

Topic: Which do you prefer, bank or crypto? - page 35. (Read 3908 times)