Pages:
Author

Topic: Which do you prefer, bank or crypto? - page 44. (Read 3908 times)

sr. member
Activity: 401
Merit: 254
September 21, 2018, 11:25:21 AM
#58
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?
Using both can be really good but using banks and atm are much more risky than using cryptocurrency so i would prefer using cryptocurrency rather than bank and atm because it gives us the ease to maintain a good and secure financial relations. Also cryptocurrency can give us a lot of opportunities even if we just simply hold them.
member
Activity: 378
Merit: 10
September 21, 2018, 11:24:02 AM
#57
I prefer crypto as compared to banks because banks gives a limited returns on your investment but crypto having a high growth potential and crypto can gives you multiplied growth.
member
Activity: 672
Merit: 10
send and receive money instantly, with no hidden c
September 21, 2018, 11:23:43 AM
#56
Both have different roles, I always keep my money in the bank, while crypto is only an investment for me.
full member
Activity: 345
Merit: 114
September 21, 2018, 11:13:21 AM
#55
if as a long-term savings then I choose a bank.
but if for investment with profit that is more tempting, crypto is the choice.

all there are pluses and minuses. there is a risk. Whatever it is.

what I salute from crypto is that some large crypto exchangers have provided a visa / master card connected to your balance there.
that makes it unique and interesting.
full member
Activity: 378
Merit: 100
September 21, 2018, 11:13:12 AM
#54
I would still go to the bank because the crypto is still not accepted to the country yet and also on bank i can make sure about the profits of it and also it is gaurded all the time and i can sure it is safe
newbie
Activity: 44
Merit: 0
September 21, 2018, 11:09:31 AM
#53
The fact that with the emergence of new technology blockchain which is being used by very many sectors including banks, hospitals and others. Also with the emergency of crypto banks in the banking sector this all shows the power of crypto in the banking sector, so would prefer crypto to bank.
With crypto there is potential growth in value and the fact that one can acquire crypto through many ways like bounties, airdrops and many ways.
sr. member
Activity: 504
Merit: 250
September 21, 2018, 11:02:01 AM
#52
I will choose crypto for investment, and I will choose a bank for saving my money. For this time, I can not choose one of them, because both of them have each benefit and weakness. I need both. If I just save my money in the bank, then I will not get any profit from them, I will just get a few bank interest but by using crypto I can get much profit.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
September 21, 2018, 10:59:42 AM
#51
In my opinion, it's safer to keep funds in a bank, but it's still profitable to invest in a crypto currency!
Investing in crypto have big profit you get it is best choice to choose to invest here, and like your opinion my profit I got in investment in cryptocurrency I keep it in bank for safety reasons.

Well there still are a lot of differences right now aside from simple storage since there are also some transactions that can't be fulfilled with crypto like applying for international visas. Crypto isn't that well accepted yet to be recognized for such
sr. member
Activity: 454
Merit: 250
September 21, 2018, 10:57:30 AM
#50
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?
For now I will choose both because I use them in my life. I put my money in crypto because it can easily generate profits through its investment. And the Bank may not give me much higher interest but it's still safe to put my money there.
full member
Activity: 286
Merit: 100
Cryptics
September 21, 2018, 10:48:43 AM
#49
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?
If it's purely to store money of course it is better to store your money in bank because it's safer and you won't have to worry about the security. But your money won't grow if you put your money there, on the other hand if you can make sure that your fund is safe in your crypto wallet then it's also can act as an investment, but remember there's investment risk aswell.
jr. member
Activity: 406
Merit: 2
September 21, 2018, 10:46:49 AM
#48
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 to keep in the bank for now maybe will shift to crypto later, why isit that is because currently crypto is still not very widely accept in my country and holding it in crypto is still quite troublesome for me if i want to make a purchase.
sr. member
Activity: 868
Merit: 257
September 21, 2018, 10:46:49 AM
#47
In my opinion, it's safer to keep funds in a bank, but it's still profitable to invest in a crypto currency!
Investing in crypto have big profit you get it is best choice to choose to invest here, and like your opinion my profit I got in investment in cryptocurrency I keep it in bank for safety reasons.
member
Activity: 179
Merit: 10
September 21, 2018, 10:43:55 AM
#46
for storage of assets I prefer crypto than banks
although between banks and crypto both have weaknesses in their security systems
I think crypto depends on each person to improve the security system
member
Activity: 252
Merit: 12
September 21, 2018, 10:40:09 AM
#45
Nothing is permanent in this world.Just as email killed fax,SMS killed letter writing, Wikipedia killed encyclopedia etc and so on.Even so the banking system will be killed by cryptocurrency.I prefer to go  all cryptocurrency because it is fast,save time,convenient and removes a lot of obstacles. Move over bankers do not use your money to enrich themselves.Cryptocurrency is the best and soon will replace banks.
sr. member
Activity: 700
Merit: 260
September 21, 2018, 10:38:20 AM
#44
all of them have advantages and disadvantages. in my opinion, depending on how you use it, usually, if you lose something in the bank or crypto wallet, it is a careless user, I personally use the bank and the cryptocurrency wallet to save money so far there is no problem
member
Activity: 434
Merit: 13
September 21, 2018, 10:32:41 AM
#43
If it is just for the benefit, then I will choose the cryptocurrency, but if it is to save the property, then the bank is the best choice!
Yes, you are right, I also prefer cryptocurrency, and if to save me, it would be easier to use the bank as a means for my savings, because banks also have responsibilities.
sr. member
Activity: 784
Merit: 256
Binance #Smart World Global Token
September 21, 2018, 10:12:49 AM
#42
In the Bank to keep the money safer, but to increase them will not work. So I choose cryptocurrency.
full member
Activity: 810
Merit: 101
September 21, 2018, 10:08:51 AM
#41
So far, the cryptocurrency does not use such a wide use and we still eventually transfer it to Fiat money. So I think it's better to keep the money in the Bank. Cryptocurrency is very volatile and therefore our funds can significantly decrease if the market goes down.
sr. member
Activity: 812
Merit: 251
September 21, 2018, 09:43:27 AM
#40
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?

Of course, I would rather to choose crypto because in bank this is centralized while crypto was decentralized where we are the one who managed our own coins, as long as we have the password and private key it can never be steal by anyone unless you tell what's your private key to your friends or whatever. And bank is always prone to robbery and others.
hero member
Activity: 882
Merit: 517
cloverdex.io
September 21, 2018, 09:36:17 AM
#39
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 choose crypto. I find it so better and good. Being in one place, you can obviously do everything. The transaction happens on the go much faster. This is completely for crypto and few fiats like dollars, Pounds and etc. I do use bank accounts just to have exchange transaction. Once i do transfer i rake out for my expenses.
Pages:
Jump to: