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?
Right now I would really choose crypto over bank a lot of inside jobs are happening on banks in crypto I am holding my own money by storing in my own cold wallet of hard wallet and will make sure that my wallet are secured all the time. 
Topic: Which do you prefer, bank or crypto? - page 42. (Read 3908 times)
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 would love to use crypto rather than banks. We are all aware of bank issues these days. Some of them are not giving us a security when it comes to keeping our earnings. I would prefer to store my earnings in crypto because through it, I would be able to have a good profit out of my investments.
in my city crypto is not yet known and not yet accepted as payment so i would go for bank. when crypto will be known i would used it to store my money. crypto and banks have advantages and disadvantages so choose what is convenience for you.
A bank obviously, much safer and insured by the government. They also give me a credit card for free transactions and even give me cashback lol, crypto has a long way to go to compete with that.
it is two different things because when put your money in bank, they are safe but they can not give us a profit but on the other hand, when you invest your money in crypto, they can give us a profit by trading but high of risk at the same time. so you can choose what's best and serve a lot of benefit for yourself.
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?
You will send money to the bank or invest in electronic money. But if you have a lot of money then you should send to the bank to get more interest monthly. You invest in crypto money to get rich, but you will worry about losing money. I want to earn more money to take risks. 
For now, I prefer to give a bank preference than crypto in terms of the investment value of the bank itself, ensuring the security of your assets that will not suffer losses. will remain intact
I used to trust banks more and invest my free money there. When I found out about the crypto currency, I transferred the money there and lost half.
Yet in our country crypto not used as a payment and for any products prize remain the fix but the prize of coins change every min. Just in case if we use crypto to buy normal products then it's not suitable that much. For managing crypto assets and all the things we need some kind of knowledge and have the security check every time. Also needs one network every time can't use in the remote area. Where banks are good in that place. But with the fast-growing the world all the things will be the change. But it's really good solution if bank come up with the blockchain technology easy to use.
Perhaps in the case of today's situation, I would choose crypto-currencies, since there is a very high probability that people who invest in crypto-currencies will have much more opportunities for earning.
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?
Bank and Crypto have a different function for me, I prefer bank to save my money because I believe it is very secure in any form of theft, it has insurance to cover up any untoward incidents unless otherwise losing it with your own fault while crypto is for profit or loss, the money I put in is like making a bet because of the volatility nature of crypto, generally I consider bank for saving while crypto is for investment, so I need both of them.
If I have to store money for a long time (2 months+) I prefer using crypto, but if just for a short time I will use bank for easier and less fees for withdrawing money..
I prefer putting most of my money to cryptocurrency rather than put them to sleep in the bank. Using cryptocurrency, it gives you full control to your funds and will give passive income when the price goes up but will also gives you misfortune if you don't handle it well. Hard wallets are created to protect your cryptos against scammers and it all depends on you how will you protect your funds against them. Hiding your money on a bank is not a bad idea but you are only limiting your money to a potential income since they only offer 3% to 5% ROI a year which looks like a fraud to me.
bank of course, since it is more secure to put my money into and i could use the money anytime i want since there's no volatility. unlike bank, cryptocurrency has a high volatility, so when it's falling you need to pay more than before
Why not both? Bank and crypto have advantages of each. The Bank issued by government but Crypto not issued by government. so, select in accordance with its
You should always have a balance of both and yes banks are equally important as you can keep saving their safely. Also you should on other hand do invest in crypto as you can make more money than what bank may be offering you in the end of year as a rate of interest
Banks of course, are still safer for your funds and have been around for a long time, cryptocurrency also remains attractive to generate huge profits, and you must be careful when investing in cryptocurrency. a lot of fraud there. immediately transfer your funds to the bank again.
I choose cryptography because I found a way to protect my money. There is nothing supernatural about this method, many investors already know. All you need is to buy yourself a cold wallet where you will store all your coins. First, it is very convenient. Secondly, it is safer than storing all your invested funds in an electronic wallet. And third, no hacker or cybercriminal will know your password, as it must be entered mechanically on the wallet.
Why not both? Bank and crypto have advantages of each. The Bank issued by government but Crypto not issued by government. so, select in accordance with its
I would choose bank at this moment, because it seems that it’s more liable and convenient. However I would switch to crypto if more and more people accept crypto and it is more convenient to use.
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 proper risk management. This means that it always good to hold enough cash on your fiat bank. I mean most of the bills you have to pay will be charged in fiat. Jump to: