Topic: Which is more risky? Bitcoin or bank investment? - page 2. (Read 5980 times)
An important risk factor for the future of Bitcoin is whether it will can achieve a stable value. Stable prices are an important quality of a successful currency. If prices are too volatile, it becomes risk to own the currency, accept it as a form of payment, etc.
Bitcoin is still a relatively new technology and there are a lot of potential risks associated with investing in it. One is the issue of government of several countries not accepting it. If you get involved in the trade in a country that allows it and travel elsewhere that it is banned, u wont have access to your wallet which might cost u a lot in the end
I think Bitcoin is much more risky than bank investment. Bank investment can be risky sometimes, but compared to bitcoin, it is rather stable. Bitcoin and go up and down like crazy. But big risk means big returns as well, sometimes if you invest $100 it can turn $100,000 later, but it is also possible to turn $1.
Bitcoin always the most risky compared with Bank.
But high risk high return. Many people became millionaires as they believe and invested into bitcoin from early. Bank usually give you nothing back just very small interest but for me this is lost while everything increase by time but and interest from bank can't cover this.
Let's invest small money that safe for your real life into bitcoin or anything risky maybe you will be luck with it. Good luck!
But high risk high return. Many people became millionaires as they believe and invested into bitcoin from early. Bank usually give you nothing back just very small interest but for me this is lost while everything increase by time but and interest from bank can't cover this.
Let's invest small money that safe for your real life into bitcoin or anything risky maybe you will be luck with it. Good luck!
Bitcoin investment is more risky, but it means Bitcoin's profits are higher, bitcoin investments are volatile because prices are bound up and down at any time,
Every investment is a risk, there are no 100% safe investments. Anyway of course I think that bitcoin is quite risky, in the bank you can also get some very low risk investment (and low gains...).
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?
Of course bitcoin is more risky. Why? because bitcoin is decentralized, no one can control the price.
Everyone can buy or sell the price at their own price. The more demands of bitcoin, the more value of bitcoin will increase.
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?
Bitcoin is more risky than investing in bank. Simply because if you put your money in a bank it will grow little by little but the bank make sure that you will not loss any of your investments. While, bitcoin, I said it is more risky because you are the one who control your money by deciding whether it is now the time to invest or to sell just like that.Bank is safer if you would look to both sides.
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?
Actually both investment are risky because whenever you are entering an investment partnership, you should have already know that there are certain risks you can acquire that is associated on investment proper. But for me, I will consider Bitcoin investment as more risky compared to bank investments because it is on virtual phase which is hard to detect once investment failed and it cannot be gained again once it was scammed or lost for the responsible reason of other people that was anonymous from you. What do you guys think?
well of course bitcoin is risky rather than a bank, because high risk more income, less risk less income, bank will not give you too much profit because its low risk, or else you agreed with the bank to invest your money to high risk investment, but I would say it's all about knowledge, search for yourself before you let go of your money, ignorance will not help you at all, you should know the market, how the system works before you jump into a conclusion for more positive outcome.
It's both risky investment because there's no assurance if it's really safe. Because many circumstances will be happen it comes to investment. But because bitcoin is decentralized bitcoin is more risky than to bank that is centralized.
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?
Bitcoin is of course has more risks than bank investment because the price of bitcoin is fluctuating thus the market for cryptocurrency is also fluctuating. But this doesn't mean that bank investment is better than bitcoin. Bitcoin can produce higher profits as long as you are wise enough to spot when to buy or sell.
All investments are risky, with higher risk means higher profit in return. Bitcoin is actually more riskier since price is volatile which changes from time to time. Though bitcoin is volatile, it has potential for bringing good profit since the price might go high at an instant. A fund stored in a bank becomes less in value since deflation happens.
Yeah, well both are risky in some point of view. Somehow, we can easily distinguished which one is much more risky since both have different security access. Also, you must put your different credetials in the safest place since those credentials are the key to open your accounts. Thus, the risk is always in our side but we need to be attentive and observant on our doings since there are a lot bad people around us as well as in the cyberworld.
bank investment is more volatile to risk than bitcoin. i would rather invest in bitcoin and earn return than deposit my money in a bank account without dividend. we have seen banks liquidated and account holders loosing their money, but the worst than can happen to bitcoin is a drop in price as the market is a floating market.
Yeah, bitcoin is much more risky than bank investments, but it's worth it, because bank investments will earn you nothing like bitcoin would. so i would say the risk is what it
Bitcoin is much risky than bank investment. Bank investment is low risk, the risk of bank if they bankrupted but in bitcoin so much risky cause you faced lot's of challenges like the price value is unstable and unpredictable and sometimes they hacked your account. But the different of bank and bitcoin investment is the profit. So much higher profit in investment in bitcoin worth it even lot's of risk and challenges. In bank investment I think 10 to15 percent only per annum you can earn from your investment it's so big difference.
No risk no reward is my motto 
With that said I like high risk high reward anything (not just investments) You haven't lived until you put it all on the line for something you believe in! I believe in crypto I don't really believe/trust the banks.
With that said I like high risk high reward anything (not just investments) You haven't lived until you put it all on the line for something you believe in! I believe in crypto I don't really believe/trust the banks.
Bitcoin is more risky than bank investment. Though bank given very small profit. I think bank investment is more safe.
For any bank to come up to tell you to use your money with them for an investment mean they will benefit from it individually and the risk may be on you only since they are control of your money with them. Simply invest in bitcoin and have full control of your income but do that by taking minimum risk.
I think Bitcoin is risky right now but most profitable as compare to bank investment,Because Bitcoin is illegal tender in most countries and you trade or make transaction carefully to safe from legal action.Once Bitcoin will legal in globally than Bitcoin will be more powerful and safe.Currently if you invest for long term it will be better option than Bank investment.
You are right, it is really better to invest in bitcoin compared to bank because bank are only giving very small commission, but it still depends on how people will handle their investments in bitcoin.
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