Topic: Which is more risky? Bitcoin or bank investment? - page 21. (Read 6033 times)
Bitcoin is risky but bank investment is more risky that bitcoin cryptocurrency. When you doing bitcoin cryptocurrency you only need to sell, trade, and buy to have a bitcoin. Also it depends on how the price of the bitcoin have, if it is higher then it is good to have more bitcoin but if it is lower you only need some patience to get it high. But when you're doing bank investment you deposit a certain amount, and the bank pays you interest on that amount. The interest rates paid out on savings accounts are low, but with most savings accounts you can access your funds at any time. I prefer doing Bitcoin investment rather than bank investment. Its much better
Honestly i do not like banking system or investments but in other hand bitcoin does not have any sort of investment schema or any interest rates so i do not have any problem on using bitcoin. Its a common sense that the interest bank gives people are actually taken back by banks as tax. So they are not actually paying you anything they are just increasing some numbers in your account. I hate banks because they are not actually moving any money but they will charge tax as if they have sent your money in a world trip.
well i think bitcoin is risk for investment. But if the Bank you will put the money very small interest. But there are also banks that risk as I heard. So it's just depends on where you want to invest. Easy just choose the Bank that shows little interest or that bitcoin very big profit money. But for the best way to earn beautiful to invest in the bitcoin because you could earn double or triple because of huge profits and if you invest in bitcoin the chance of growing your money is high and also quicker than the bank but the risk is very high you can also lose your money easily with bank your money won't grow that much and its slow but its safer than bitcoin.
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 because bitcoin prices can go up and down, but between investments in bitcoin and investment in banks, greater profits are derived from bitcoin.
There are very less risks with a bank investment in comparison to crypto. But what about the returns, one should consider everything while choosing one.
Risky, in terms of volatility, fluctuations or instability is Bitcoin or crypto investments of course because in bank you are assured a fixed rate of interest after a fixed period. So you know in advance what you will get. But in crypto investments, it’s like shares and bonds in which you invest and rate of return depends on their prices which is turn depends on market forces. But the interest is relatively and very less in bank investments.
I would say bitcoin is more risky than bank investment although bank investment may have little profit while in bitcoin you earn more.
rather, the investment in the bank will be much more risky than buying BTC!!!
Bank investment means all investments such as mutual funds, fixed deposits, bonds.etc, right? Even then, when compared to crypto investments they looks less risky. Crypto has lost 70% of its value during the last 6 months.
Np doubt bitcoin investment is risky than bank investment.But I like bitcoin investment because bitcoin is very potential crypto currency and bitcoin price is volatile. So bitcoin gives us a large of profit than bank investment.
For me it is Bitcoin, since bank could also be correupted by there is still a chance to take back your money, while in bitcoin, your doing a transaction with people you dont know personally and physically.
In my own view bitcoin and bank venture are same dangerous with respect to cash, yet the contrast between the two I think in bitcoin just in the market estimation of the coin that isn't settle once in a while, in short we know as of now that this bitcoin is unpredictable in nature and we know about the stream and we have the immediate control of our speculation.
I think the more risky is bitcoin. But this does not make me afraid to invest in bitcoin. Because investing in bitcoin is more profitable than investing in banks. But more risky. I am ready for the risks.
I’d say that all kinds of investments are risky. That’s why you should choose wisely where and what to invest to. BTC and banks are surely high risk investments and it is pretty difficult to say which if them is less or more risky. I think it depends on the bank and many other important factors.
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?
Both things are risky. These types of investment need a lot of effort, knowledge and ability in recognizing the trend to make a lucrative investment. And other thing is that you cannot control 100% of your investment. You make money or not, it depends on someone else, not you.
Correct, Even investing in a company is risky and investing on a business is risky too, All of this things are risky. I think those bank that offers you to invest to them they are investing your money to companies and they are telling the truth about the risk percentage. This two different methods of investing have high risks but the more the risk the better the rewards are and it is still up to you if you want to invest in them or not. Always remember to invest at your own risk and invest only what you afford to lose.
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You are right about situation with bitcoin, but banks are olso privat and there are no confidence that money will not steal."
which is more risky I guess bitcoin, because no bitcoin is regulating and controlling it. this can make it easier for someone to steal it when we are negligent. bitcoin is also anonymous that we do not know the person's real name.
You are right about situation with bitcoin, but banks are olso privat and there are no confidence that money will not steal."
I think bitcoin is a more risky method, but banks also do not have 100% guarantees. Binkin depends on the market price, and the banks are out of the situation in the country. There is stability, but it is also shaky.
Yeah it is true thaT bitcoin is much more risky than bank investments, but BANK investments can not give much earn like bitcoin investment.
You should not be afraid to face the risks if you will make investment with bitcoins. It is obvious that bitcoin investment is more profitable than bank investment. The more the risks that you will face, the greater the opportunity that you can get.
That's true because usually if the risks are higher then the profit earned will be greater. But sometimes not everyone dared to take that step, because they are afraid of a big risk. They sometimes prefer less risk, and they feel fine with small profits. But it's all a choice, it depends on how dare we challenge ourselves.
I think its just choosing your best poison. Both is very risky and its your preference on what you would risk on. Some legal banks don't do that kind of proposal as it may trespass some laws. You just need what suits to you or what you prefer. If you'd like to risk on Bitcoin then go for it. Bitcoin and crypto is pretty risky but has high rewards, same with the banks but banks especially the legal ones follow a process and most of it don't go wrong.
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