Topic: Which is more risky? Bitcoin or bank investment? - page 16. (Read 6033 times)
No investment is not at risk. Therefore, we need to calculate risk management well before investing. Do not let us go wrong strategy and not calculate risk management so that we suffered huge loss. If there is an insurance party that offers insurance against your investment then it is a little safer so when you lose then you do not lose all your money. If in my country, Indonesia, a country that prohibits transactions with bitcoin then investment in bank is safer because this investment gets guarantee from central bank. Bitcoin, I think that is more risky because if our bitcoin is hacked then we can not trace it and we have to give it up because it is impossible to get back. In addition, bitcoin is more risky because it is not regulated by a particular party.
well i think bitcoin investment and bank investment are both risky. When you invest in Bitcoin there is a possibility that it will disappear. If you invest in a bank there is also possibility that it will be bankrupted but in order not to come up with these we need to choose the right investment we need to choose secured currency. But in bank investment we can get a stable interest. Bank and government are responsible for our money. But bitcoin us decentralized. No one can control over it
You should considering investing into Bitcoin as gambling, only do it with money you can afford to lose. There are so many factors that can impact the price going up and down, and it is highly volatile still. I think it is fine to use Bitcoin as a long term savings plan, but do take into account that you should not consider it a get rich fast scheme or a quick investment.
There is really no guarantee that we will always benefit. Both bitcoin investment and bank investment are equally at risk. Bitcoin is very risky by hacking or robbery and banks are also at risk of bankruptcy or inflation. If I have a lot of money then I will share my investment everywhere. If I just put an investment in one place then the risk of loss is huge. If my investment place loses then I will lose all my money. But, if I invest in many places, when one loses then I still have investments elsewhere. I chose to invest in crypto, bank, gold and property equally.
well without a doubt BTC is always risky because the current market is highly manipulated. Either it can spike high making you a millionaire or spike its way down to earth causing a huge loss. But investments in Banks are not like that, its safe and there is nothing that could be manipulated.
bitcoin is more risky than bank investment, because bitcoin does not have the responsibility if we lost bitcoin for example, but investment bank have responsibility if let our money lost
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?
stories like you in my country do not exist. but in my country when I want to save money in the bank, they always give an offer for insurance. and in my opinion it is uncomfortable. because they give long term for insurance. and money will be lost if the selected time is not reached. I chose bitcoin because of the freedom to do anything in my fund. indeed a very big risk, but bitcoin up to this time gives me a huge profit. this makes me believe. What do you guys think?
btc for sure.. more risk more possible gain.
They are both risky and relevant with different advantages and disadvantages. bitcoin is risky because we don't have control weather it will rise or fall, but atleast we have control to our investment of we want to get it, we can and it's hassle free. While in banks profits is not what we're expecting, but atleast we know where to complain if something bad happen, unlike bitcoin.
If you know about the bitcoin it not risk. Bank is to risk. But most of the people don't know. Bank is mack more change for the saving and transaction. So it not good for the people future saving. It time to acct and time to change the price. People will be gather more information from bitcoin. But bank is not give the more information. So let the bitcoin information and process. Then easy to use. Then get more profit from bitcoin.
They are both risky and relevant with different advantages and disadvantages. bitcoin is risky because we don't have control weather it will rise or fall, but atleast we have control to our investment of we want to get it, we can and it's hassle free. While in banks profits is not what we're expecting, but atleast we know where to complain if something bad happen, unlike bitcoin.
Bitcoin is more risky than banks, yes you can earn more in bitcoin, but you can't easily do something if theres a trouble on your Wallet , or something bad happened . unlike banks, if there's a trouble on your account, you can ask for help and eventually they will help you to fix your problem , but small earnings 😂 .
Yes, bitcoins are a greater risk to you, and it's hard to argue with that. But they also make a big profit. I consider them more profitable 
. Despite this, reliability remains the advantage of banks (although there are exceptions)
. Despite this, reliability remains the advantage of banks (although there are exceptions)
For now because of the volatility of the cryptocurrencies especially bitcoin, skill is needed for investment. For now, bank investment seems to be better and more considerable than bitcoin but you can invest in it when you know when to cash in and out.
Obviously crypto or bitcoins is more risky than bank investment but it gives more returns. You can reduce risks by taking some precautions.
Of course bitcoin investment is more risky with bigger chance of big profit when prices are good, whereas in bank investment is safer yet very conservative earnings also. Indeed in placing investment, the higher the profit, the higher the risk to carry, the lesser profit, the lesser risk also.
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?
What do you guys think?
Probably your correct.... But for me bitcoin is triple riskier than bank investment.... Why? Because first of all the price of bitcoin is not always stable.... So it will greatly affect those who are user of it.... And another thing also is because bitcoin is virtual... Unlike i:we invest our real money in the bank.... We cant truly seen how the market works in cryptocurrency unlike in bank.... But bitcoin is much profitable than investing in banks....
I think Bitcoin is much more riskier because it has no fix price and you don't know weather you profit or not.Weather its price goes high or low. It is much more riskier but they said the more risky the more you can earn big. That's why even it is risky many people tend to invest in it.
Yes bitcoin is much riskier than bank investment but both has a risks that everyone must take. Therefore this is just a natural thing that everyone would take it. Either we invest in bitcoin or in bank investment both has to be take it seriously and make it's best to be able to get a profit that we really wanted.
As we all know that bank investment is not as profitable as bitcoin and it is a slow process indeed to invest in banking policies.Bank accounts are more risky than bitcoin because we can keep secret our identity if we want and also bitcoin is decentralized and even though its price will decrease we can't lose any bitcoin.
I think Bitcoin is much more riskier because it has no fix price and you don't know weather you profit or not.Weather its price goes high or low. It is much more riskier but they said the more risky the more you can earn big. That's why even it is risky many people tend to invest in it.
I partly agree with you, for sure, investing in bitcoin is much more riskier than making bank deposits in general. But I would add it depends on a country. I know so many examples of people who put their savings in banks, and because of inflation they lost more than the half of their deposit. The same happens with real estate.. So maybe investing in BTC is not quite safe, but it's definitely not the riskiest way to keep your savings.
I think Bitcoin is much more riskier because it has no fix price and you don't know weather you profit or not.Weather its price goes high or low. It is much more riskier but they said the more risky the more you can earn big. That's why even it is risky many people tend to invest in it.
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