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Topic: Which is more risky? Bitcoin or bank investment? - page 29. (Read 6017 times)

member
Activity: 504
Merit: 10
ONe Social Network.
Both of the investments have  the risk factors attached to them  to some degree, Bitcoin however is more risky as compared to Bank investment, Bitcoin is free and is not regulated hence has no protection against the harsh market situation. The higher the risk however the higher the rewards, therefore Bitcoin is more rewarding  as compared to Bank investment too,
sr. member
Activity: 812
Merit: 260
Relying our lives on others is more terrible than the Bitcoin’s value movement, so, yes, I think the Bank has more risks. That way the bank teaches the community to be lazy and doesn’t need to care how their money will be used. This is the old way, maybe they will play in the forex or maybe also the stock market so you’d better learn how to play in forex or stock and have power over your own assets and investment.
 

Well, I totally agree with you that it is more risky if our money for investment that supposedly earning or increasing is at sleep unlike in bitcoin wherein there is a daily movement on it we just need to keep updated, know when is the perfect time to cash out and how much gain we want before we pull out our investment.
legendary
Activity: 966
Merit: 1000
Relying our lives on others is more terrible than the Bitcoin’s value movement, so, yes, I think the Bank has more risks. That way the bank teaches the community to be lazy and doesn’t need to care how their money will be used. This is the old way, maybe they will play in the forex or maybe also the stock market so you’d better learn how to play in forex or stock and have power over your own assets and investment.
 
member
Activity: 462
Merit: 12
The risk in bitcoin is much greater at the moment. It's still not time for the community to take bitcoin in legal measures. But in banks at the moment there is no possibility to earn financial means as in bitcoin. Therefore, each person chooses for himself the degree of risk and earnings.
legendary
Activity: 1526
Merit: 1000

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).
Gambling, eh? Your government teaches its citizens to gamble? lol.
Do they give a full explanation of how the investment works?
It is terrible to invest but depend on others and we are given only the percentage of risk, you’d better go to the casino and spend money there.
newbie
Activity: 196
Merit: 0
Bitcoin is certainly more risky. But the profit from it is much more.
newbie
Activity: 85
Merit: 0
I will choose bitcoins, although the risk is great, but it is possible to get a lot of profits. In fact, most investment is risky. The higher the risk, the greater the profit.
hero member
Activity: 658
Merit: 500
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?
whether investment or other things if we are greedy and impatient then failure is we can only get, how many times or how much money you spend you will fail, maybe once or twice you will earn profit but it is just luck and you can’t depend on luck, you must have the right mindset to achieve success.
sr. member
Activity: 702
Merit: 251
I believe that bank investments are no longer reliable, but it depends on the country in which you do it, yet I would put in the bitcoin
sr. member
Activity: 812
Merit: 256
Both Bitcoin, altcoin and Bank have certain risks! Each currency has different levels of risk, I'm currently using Bitcoin for online transactions!
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
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 investments is naturally a risky thing. In bank investments, the bank holds your money and they will be the one to take care of it. on the other hand, investments in bitcoin is purely customized because all the decisions is up to you. There are benefits in both investments, but I think bitcoin investment is more risky because in some users, their btc wallets are not that secured unless they made it a really safe one, and there are a lot other factors why it is risky.
newbie
Activity: 154
Merit: 0
Bitcoin investments or any crypto-asset are high rewarding and also carry significant level of risk.A bit higher than traditional investments (including banks),they are more volatile.Traditional banks will not pay you any significant return on investment but they are secured to an extent by the government
member
Activity: 252
Merit: 10
I think it's more dangerous bitcoin
newbie
Activity: 179
Merit: 0
Well, the answer depends on  economic situation in your country. But in general bitcoin investments are way more risky then bank ones. Though, in fairness, I'll admit that stability isn’t the only criteria which we take into consideration when it comes to decision on where to invest. Big profits aren’t possible without big risks and vise versa.
copper member
Activity: 131
Merit: 6
I agree that bitcoin is indeed risky. One of the challenges that an investor might face once they'll gonna invest in bitcoin is that when it is volatile. As an investor you're just only speculating. Since this is volatile, we could not tell when the price goes up, when to invest to gain, aside from that since this is decentralized people are the one who only control it. They can do whatever they do as long as this will not against the rules of bitcoin. Unlike in bank, this is centralized which means this is governed by government. They have what so called proper of stable price or value in our own currency, this is fair for anyone, no need to use internet since this is just only a fiat money, no one could easily fool you since you know already how banks works.
newbie
Activity: 201
Merit: 0
I think bitcoin investment is more risky than bank investment.
In bank investment, the value of your money will not change. While in bitcoin investment,  the price of bitcoin is so unstable.  It's often changing drastically.
newbie
Activity: 31
Merit: 0
Bitcoin investments are much more riskier than bank investments.This is because of the volatile nature of Bitcoin.  The main thing in my opinion is not to invest in crypto all the money you have.
jr. member
Activity: 252
Merit: 2
For me, I think bitcoin is more risky than bank investment because in bank your money is still intact until you withdraw while investing in bitcoin your money maybe drops or increase it value depending on the crypto market response.
jr. member
Activity: 266
Merit: 1
Both have different amount of risk but either way it is still risky. With bitcoin it is like you give your money to some stranger promising huge money although without guarantee that you will earn profit. On the other hand bank many things may happen like getting bankrupt and many more. If you know what you are doing and have a lot of knowledge then I think risk won't be a factor to you.
full member
Activity: 540
Merit: 100
The reason why bitcoin investment is risky investment is because of its unstable price. It is hard to predict if the value of the bitcoin will go up or go down. But I think it is better if you will make bitcoin investment because it is now one of the best investment nowadays.
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