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Topic: Which is more risky? Bitcoin or bank investment? - page 13. (Read 5984 times)

newbie
Activity: 182
Merit: 0
I'd assume your from the Philippines in which I'm also too, you see the way your talking about this low,medium,high risk investment plan is nothing but a scam sounds really a stupid investment, investment plan in fact that you don't have any information where or what they doing to your money but I'd still prefer its more risky investing to bitcoin than the actual bank because legal bank have at least 2 to 1.5 % of gain annually to what you invest with, but with bitcoin it is likely to fall any time soon with its fluctuating market stabilization.
For whatever investment it is really risky. But if I am to choose which is more risky maybe its the bank investment. Because you are not the one handling your money.
newbie
Activity: 51
Merit: 0
This question could be answers with a scenario like:
Firstly, entrusting your money with a corporation or a group of people you don't know much about but you think that they have a reputation and experience to ensure that you gain interest on your money. This is how investment with the banks work
The second is to invest your money in a venture where you don't hand your money to anyone in particular but the money is being passed form one person to another. So everything concerning this investment will be based in your own discretion. This is how investment in Cryptos work.
So there is risk for both but to ensure minimum risk it could depend on the bank you are investing with or the cryptocurrency you're investing in. For crypto investment your discretion and experience also matters.
full member
Activity: 420
Merit: 100
Global Blockchain Solution For Transportation
Bitcoin investment is more risky because of the market valu,  the uncontrollable flow of bitcoin price. In banks you are just putting your money and check the interest.  In trading,  you can earn much and lost some as well
jr. member
Activity: 126
Merit: 1
I assume Bitcoin is tons extra riskier because it has no restore rate and also you don't know weather you profit or now not.climate its fee goes high or low. it's far a whole lot extra riskier but they stated the extra volatile the extra you could earn huge. it truly is why even it's miles unstable many people generally tend to invest in it.
full member
Activity: 372
Merit: 100
The Organic Growth Token
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?
Banks are obviously safer to store your wealth with. Surely, storing your money or converting it to bitcoin has risk due to the market volatility or the sudden changes on its market value which oftenly result to loss of profit if you are not awared of its concept. It may be profitable but if you are not knowledgeable to it, it won't be.
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
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?
I believe both banking and bitcoin are risky. You can lose up to 80% of your investment on bitcoin because of fluctuation and you can lose 100% your investment on banking due to bankruptcy.
member
Activity: 322
Merit: 10
I think this depends on which bank you are going to choose as well as the coin. Btc is the most powerful and popular coin, which is more popular and has more trust than many other coins. I think that btc is better to choose
full member
Activity: 506
Merit: 101
1 & 0 😏
I think Bitcoin is more risky. When you invest money in bank or any other thing, if you have a problem, you can find someone responsible for complaining. Investing in the bank is less risky, but less profitable. It is so profitable that's why everybody invested so much in Bitcoin.
newbie
Activity: 94
Merit: 0
bank investment is more risky than bitcoins because bank can be bankrupt which can affect the person involving in it
full member
Activity: 2044
Merit: 180
Chainjoes.com
The risk of failure or loss by any means of bitcoin or other crypto currency is entirely ours. We can make mistakes ourselves, be hacked and attacked, in all cases we ourselves are responsible for our actions. If we transfer our money to the bank for depositary storage, then the risk of losing funds falls already on the bank, and if the bank is a state bank, then the state. Even if the commercial bank goes bankrupt, then in my country there is a deposit guarantee fund, from which a certain minimum amount is paid, which is also quite decent. Based on this, we can conclude that the safety of storage of our deposits is much higher in banks than in the crypto currency.
sr. member
Activity: 704
Merit: 270
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?
Well I personally think that investing money in Bitcoin is way more risky than investing ones money in the bank. This is because firstly, Bitcoin is an unstable form of currency because of which its value keeps on fluctuating very much and very often because of which its value can fall also very fast and ones invested money will go to waste. Whereas if one invest in banks then at least there is a surity that's one will not face loss even though there is slow profit.
member
Activity: 196
Merit: 10
It is more risky and profitable than the bank. As a result, it is not necessary to look at this in the short term. Shuan did not come to the desired spot. There are those who have not entered the business yet and have not heard the name. I see it as your future investment.
newbie
Activity: 83
Merit: 0
both are definitely a risk, but I think more risk in bitcoin. because occasionally falling prices directly experience a large loss rate, while investing in banks is more likely to be profits.
but it is not impossible that it can be otherwise.


Agreed, Both are risky when it comes in investing, in bitcoins, most of the time market is falling at its price and the value of bitcoin is unstable, it changes everyday, it is risky in a sense that you can gain profit or lost it, while in banking the funds you invest is more likely to have profits, but it is not sure that the money you invested will not be lost, there will come a time that the bank will face in crisis just like in crypto.
newbie
Activity: 82
Merit: 0
I think Bitcoin investment is more risky but i still prefer to invest in it Smiley because i believe that cryptocurrencies has bright future. The main thing in my opinion is not to invest in crypto all the money you have.





I think if asked would choose which one for investment then I would answer bitcoin is the right choice, but be careful in keeping our assets in bitcoin.
I'm sure bitcoin is more risky because there is no legal entity and we can not claim our assets if we lose it. But at the bank also not necessarily not at risk because now many are also fraud.
newbie
Activity: 50
Merit: 0
I think Bitcoin investment is more risky but i still prefer to invest in it Smiley because i believe that cryptocurrencies has bright future. The main thing in my opinion is not to invest in crypto all the money you have.





I think banks can only distribute the allowances. But with bitcoin, you are the payer of your own payment. So with all this no one can compare what is earned in bitcoin investments with bank investment. Bitcoin is more risky but at the same time more useful.
I think those who keep their money in the bank are not investors. Anyone who knows what investment to invest their money will not let them lie in the bank. And for anyone who expects a high yield because interest on inactive money is the best, biblical Joseph the dreamer. Again, no one expects the bank to share its annual profit with customers.
newbie
Activity: 214
Merit: 0
Every platform has its own risk talk is all about fruit bank investment is quiet less risky but profit is very less where as in bitcoin investement their is very good profit.
newbie
Activity: 42
Merit: 0
obviously Bitcoin is risky but more profitable
newbie
Activity: 95
Merit: 0
Bitcoin its more risky off course.
But on my personal opinion, if i have 50k euros
I Will buy all in bitcoin, instead off leave on the
Banks.
It seems contradition from my part, but i like
To risky moves.
newbie
Activity: 196
Merit: 0
Indeed in bitcoit the risk is very high in because its value can not be predicted. I think bitcoin is more risky compared to banks. Bitcoins price is so volatile and that is what it makes it risky. On my side, I prefer to invest in crypto especially Bitcoin.
member
Activity: 149
Merit: 12
I think bitcoin is more risky compared to banks. Bitcoins price is so volatile and that is what it makes it risky. On the other hand banks also have risk but it is lower compared to bitcoin. Banks may go bankrupt and you will lose money but that is only a little chance that it will happen compared to bitcoins volatility.
I think that also that bitcoin investment is more riskier than bank investment. In bitcoin you can't predict the  price of bitcoin every now and then but in bank your investment will be the same on what your actual deposit and might have some interest in next few years.
Every investment is risky because of the good return that it offers. My opinion about this is that bank offers products and services  in a more conservative manner than cryptocurrencies does. For instance, the aggressive market fluctuations of bitcoin makes its investment more risky. For me both are different but although Im a huge fan and supporter of cryptocurrencies, but even that i have to say that banks are more safe at the moment, depends on which country you live. So cryptocurrencies are and will ever be a high risk invesment. So it will take a long time untill you can really say that cryptocurrencies are a save investment.
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