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Topic: Which is more risky? Bitcoin or bank investment? - page 10. (Read 6034 times)

newbie
Activity: 54
Merit: 0
The investment with banks are no better. They decide the share of profits to give out to investors. Normally the investments that they term as low risk does not have any significant interest rate.
Bitcoin investment is though risky but it is know to attract a lot interest especially when the investment is done for longterm.
member
Activity: 350
Merit: 10
as you said it is dangerous all distinction when we put resources into other than bitcoin we can not have control of our store and we can not pull back our cash or take exactly what we require whenever while in bitcoin it's dependent upon us and we can offer it whenever and whenever except if we contribute/join the ICO
member
Activity: 784
Merit: 10
In my own idea, the more risky is the investment in bank, because if the bank will be down or the so called bank holliday or also known as bank bankrupt, there is a possibillity and a chance with this to happen, so risky.
member
Activity: 350
Merit: 15
Of course, Bitquin is more dangerous because it's a mobile action that can lower the price at any moment and never go back to the price it used to be
newbie
Activity: 14
Merit: 0
I'll say Bitcoin is more secure at least you know what you doing with your money
newbie
Activity: 140
Merit: 0
Most of the often people said that for investment and to get profit on their investment bank is the best place but usually they don't know about the terms and conditions of the account they are using.There must be some benefits while you fix your money for the period of time and surely get profit but on bitcoin you will get that profit in the lesser time then the bank and it might have the more amount then the bank.On bitcoin you must aware of the hackers and the scarm to be beneficial.
full member
Activity: 644
Merit: 100
in my opinion, investing in bitcoin is more risky than investing in a bank, in addition to the unpredictable price movement of bitcoin, it's also because investments in bitcoin are not legally guaranteed, no laws protecting our assets are different from investing in banks, but reversed high risk there is a great chance of profit is due to fluctuating price movements
full member
Activity: 476
Merit: 100
I think the most risky is bitcoin investment, because bitcoin could be cheap and worthless because the bitcoin price is very cheap initially, so the highest risk is bitcoin. but from the high risk you can get a lot of profit.
newbie
Activity: 44
Merit: 0
bitcoin investments is more risky than the bank investment because it a volatile investment in which prizes can change as a result of market dynamics and then again you bear the loss directly but bank investment are actually signed and you dont bear the loss direct.
full member
Activity: 378
Merit: 100
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I think Bitcoin is more risky. The price is not stable. One day the price can go down so much and another day, it will go up a lot. Bank is more stable and safe way to invest. but you can not make much profit.
jr. member
Activity: 85
Merit: 1
Bitcoin is more riskier than bank investment, bank investment don't earn you like bitcoin and it's easier to use bitcoin cause you just can sell it suddenly and get the money

Bitcoin investment is more risky than bank investment. But the more riskier the more earning you can get. In bank investment you can't earn more profit than the bitcoin investment and it is easy to use and get money from it. Also in bitcoin you can get more benefits and it has more advantage than the bank investment.
newbie
Activity: 13
Merit: 0
Bank investment is easy less efforts but superless in profit, while bitcoin investment is more risky but very big profits our efforts here in bitcoin is worthy to received . but we dont know till when the good price of bictoin.
newbie
Activity: 117
Merit: 0
Bitcoin is more riskier than bank investment, bank investment don't earn you like bitcoin and it's easier to use bitcoin cause you just can sell it suddenly and get the money
member
Activity: 322
Merit: 11
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?
With the question what is riskier, I would say it depends on each individual level of knowledge and understanding of investments! If you have little knowledge on how the bank would use your money to generate income and if they will not explain it thoroughly to you, that is more riskier for me. When cryptocurrency was introduced, I never thought that you can have full control of your investment wherein you can cut your loss anytime when market goes wrong. Yes, its true that the market is volatile but if you know how to play along, you can create massive wealth with it. I am part conservative with my investment because I do invest also in a bank and also put my hard-earned money in holding potential altcoins.
newbie
Activity: 45
Merit: 0
I think bitcoin is more risky than bank investment. But I say its worth the risk. Why? Your bank investment will gain you so little because of the rate unlike investing in Bitcoin.
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?

Investing in Bitcoin and crypto currencies are much riskier than investing in the bank. In Bitcoin, aside from the price is really unpredictable there are the hackers who wants to steal your accounts and also the transactions is very sensitive that if you got a little mistake then your Bitcoin will gone but investing in banks is much less risky because they have insurance and strong system protection for the safety of your money and also to ensure to avoid bankruptcy we should choose the bank that most trusted and with high reputation. We should also not to forget that we have beneficiaries assigned to the banks in case of our sudden death.
hero member
Activity: 686
Merit: 521
For me bitcoin is more risky as compare to bitcoin since there's a lot of chances of getting scammed.I my self got scammed few months ago i lose 0.5 btc.Not only this bitcoin not physically exist its just a internet currency so its easy for hackers to hack your wallets and stole all your coins.Now day hackers are targeting bitcoin wallets so btc is more risky than bank investment.I chose bank investment because its easy and safe you can deposit your money with your own hands
newbie
Activity: 70
Merit: 0
Investing in bitcoin is risky  rather than putting money in banks. But its profitable as compared to banks. No risk no gain.simple.
newbie
Activity: 140
Merit: 0
I think it is more risky to invest in bitcoin because of its volatility we can not predict the value everytime. While in bank,it gives a small percentage of profit but you can assure that the money you put in the bank wont be deducted as long as you maintained the speicfic amount needed to maintain. However i think btc gives more higher profit once it is in a good stand in the market.
full member
Activity: 686
Merit: 104
both are risky, but bitcoin is more profit. with fluctuations, we have a chance to buy at a low price then can sell at a very high price.
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