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Topic: Which is more risky? Bitcoin or bank investment? - page 23. (Read 6040 times)

full member
Activity: 434
Merit: 100
It is more risky to invest in a bank than with a small interest. It is also possible to lose it and it is difficult to restore our money. But this is my opinion only. The bitcoins system is especially good if your choice of longterm investment is better. Because of the huge profit you get here
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
This sound scam, why in the first instance will a bank invest on my behalf and telling me I could loss all or gain 100%, it sound ridiculous and very bad though that might be the way it operate in your country but in my country, it is done by you and might be on three, six months or yearly and with interest that must be paid along with your capital and you can liquidate it anytime of your choice.

But on whether investing in bank or Bitcoin is more risky aspect , I will say Bitcoin is cool for me than bank , because the interest you will get on yearly return can be gain on Bitcoin in just a week , depend on how it grow from when you invest.
member
Activity: 164
Merit: 10
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?
You just simply lack an information. Bitcoin is a decentralized currency. It is a cryptocurrency to be exact. It means that the government has no control to Bitcoin. Bank investment, on the other hand, requires a fiat currency. Fiat currency is centralized. It is the exact opposite of the cryptocurrency. I think you just fall on the wrong people.
full member
Activity: 868
Merit: 108
For me bitcoin is more risky than investing your money in the real world why? because is not controlled by someone so,  Its hard to determine which investment here you can have a good income but in the real world you can have many insurance that you can make money in the future. That`s my perception about this topic.
newbie
Activity: 37
Merit: 0
investing in bitcoin is more risky, but if lucky I think it can be profitable.  So now people are investing on bitcoin more than bank.
newbie
Activity: 28
Merit: 0
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?

As of now, Bitcoin is more risky than the Bank. Because in the bank you are assured that you will gain small interest anually, in Bitcoin there's no assurance that you can gain enough profit with just investing your money. Although, both aspect have pros and cons. You just need to pick where you are comfortable with in terms of storing your money.
newbie
Activity: 101
Merit: 0
Investing in itself is a risk, no matter where you invest.  Therefore, you should always be prepared for possible losses.
jr. member
Activity: 252
Merit: 3
Well in other to be fair i think every investment has got its own atom of rick opportunity and even the banks and bitcoin also v got their own risk investing, but in bitcoin no central body regulating the distribution of bitcoin. but its different with the banks cause you'v got the central bank governing your own hard earn money no freedom. now bitcoin is only risky if you just go investing without knowing the basis i dnt think any body can prosper in any business when you don't learn or acquire knowledge about you'll fail. its good to gather much information about it so you dont get easily moved with news and speculations.
newbie
Activity: 140
Merit: 0
I think that bitcoin investment is more risky than bank investment, the only difference is that banks are centralized and have a little pofits or gain, which is compared to bitcoin , while bitcoin is decentralized ,and have a higher interest compare to banks investment, and cryptocurrency is manage by yourself.
sr. member
Activity: 630
Merit: 250
Any financial transactions carry certain risks and this is well known to all.Currency, cash or non-cash-no difference.Bitcoin transactions are no more risky than everyone else,just as long as people are less informed.
sr. member
Activity: 1428
Merit: 251
This is too obvious. But in the time of rising inflation and the loss of value in life, society and economics. People are interested in small interest rates in the long run from banks. The difference is clear. So, bitcoin is great for investment when you get a good space to buy it for as low as it is now.

Fiat money always get inflation and reducing the value. Saving our money in banks maybe less risky and bitcoin is high risk bussiness but bitcoin is investment and every investment have their own risk. Like others investment, bitcoin price can growing up and make us gain big profits
newbie
Activity: 177
Merit: 0
Every investment bear some risk. The investment on which you do not have any control is a little bit more risky I think. I cannot understand that this type of investment is mendatory or not in case of bank deposit. If it is mendatory then I will say it is more risky than bitcoin. If you invest in bitcoin you have full freedom to withdraw the investment in right time. You can enter and exit from the market as your will. But the bank investment in your country is totally uncontrollable.

So, Invest in bitcoin bear less risk than bank investment, as you say.

As we see in the news many bank close as of now even old bank and have many branches. So it is risk to invest in bank and in terms of interest, it is to small. But in bitcoin we have many chances to huge a big profits, a chance to be a rich. Risk is there in every investment.
member
Activity: 448
Merit: 20

in general the banks are less risky than the bitcoin
Because the banking system is more stable and recognized by all governments
It has become the basic system in all countries
cryptocurrencies are still on their way
And will achieve a lot and a lot of successes despite the obstacles
But more so that the future will be for cryptocurrencies
hero member
Activity: 658
Merit: 505
Every investment bear some risk. The investment on which you do not have any control is a little bit more risky I think. I cannot understand that this type of investment is mendatory or not in case of bank deposit. If it is mendatory then I will say it is more risky than bitcoin. If you invest in bitcoin you have full freedom to withdraw the investment in right time. You can enter and exit from the market as your will. But the bank investment in your country is totally uncontrollable.

So, Invest in bitcoin bear less risk than bank investment, as you say.
member
Activity: 133
Merit: 10
It purely depends on which asset are you looking to invest from each bank. And it depends on two things 1) the bank. 2) the country in where you are going to put your money. That is all.
full member
Activity: 294
Merit: 100
Bitcoin and bank investment are really famous when it comes to monetary system. The question is which of the two is more riskier. For me bitcoin is more riskier then banks because of some drawbacks of it just like the price volatility which is we cannot predict the price you may end bankruptcy but you may also be rich or succesful if you arr expert in bitcoin investment. Hackers and scammers are also active in bitcoin. While bank is safe and easy but you have no chance to earn more profit just like bitcoin.
newbie
Activity: 25
Merit: 0
I think bitcoin is more risky rather than bank investment but I am sure that bitcoin is more profitable investment rather than bank investment.In bank, you will be ask what types of investment you would engage in wherein the higher the percentage of return on investment the higher the risk involve in your investment.
newbie
Activity: 17
Merit: 0
itcoin investment and bank investment are both risky.itcoin investment and bank investment are both risky.itcoin investment and bank investment are both risky.
newbie
Activity: 23
Merit: 0
hi,

everyone know risk and profit have positive relationship.if we have  high risk we can earn high profit.this is same scenario if we have low risk,low profit.

so that everybody know bitcoin is high risky investment than bank investment,but there profit scenario also the different.we can gain more profit in btc than bank investment, but there problems is we do not know when will be happen.may be next day, day after tomorrow,next week, next month nobody knows.
but in bank investment we know what is the rate,time period.also we can calculate how much interest we will earn in that particular period.also there is some safety,because all banks are under monitoring in central bank.

surely BTC more risky. cheers!

newbie
Activity: 224
Merit: 0
I think BTC is  quite risky.  The market of cryptocurrency is not stable these days but if you understand the consequences and future benefits it can benefit you greatly soon
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