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Topic: Which is more risky? Bitcoin or bank investment? - page 3. (Read 6039 times)

member
Activity: 266
Merit: 10
In my insight BOTH, it is risky to invest in Bitcoin and bank. Bitcoin dumps while banks may closed, but if you do business or any investment you must take the risk and ready for the result nor the possible outcome of it. Bitcoin is more profitable than banks but it will take a long term process than banks. So, choose wisely most especially when it comes to money.
member
Activity: 176
Merit: 12
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.
newbie
Activity: 9
Merit: 0
It depends on the type of investment and a bunch of other factors. But I think Bitcoin is the more risky option.
member
Activity: 100
Merit: 24
GPTCash Weekly Airdrop: https://discord.gg/DPgHv6X
I think that investing in bitcoin is more risky because the market is much more volatile and due to its lack of regulation as in the financial markets. However, the advantage is that you have absolute control of your investment and the benefits can be very important in the short / medium term.
jr. member
Activity: 34
Merit: 1
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
newbie
Activity: 133
Merit: 0
to me bank investment is more risky than bitcoin. But somehow everyone believes that investing in bitcoin will give you a big advantage over investing in a bank.
When investing in bitcoin or a bank you need to understand what is the ratio of risk and possible profit. You also need to choose the right amount of investment ...
newbie
Activity: 93
Merit: 0
For sure bitcoin investment is more riskier because bank investment has more higher chance that your money will be back even tho you don't earn much while in bitcoin there's a chance you go  0 to 100 or 0 to 100 and you got a complete control on your funds
newbie
Activity: 31
Merit: 0
to me bank investment is more risky than bitcoin. But somehow everyone believes that investing in bitcoin will give you a big advantage over investing in a bank.
jr. member
Activity: 336
Merit: 2
Indeed bitcoin is more riskier than bank investment. But if we see the other side of bitcoin then bitcoin looks more profitable than bank investment. Bitcoin investment has high potential to grow more in upcoming years. bitcoin will make your invested amount double withing couple of days. 
member
Activity: 882
Merit: 13
I rather choose bitcoin over bank investment why? Even though bitcoin investment is very risky i like it more because i have control over my money unlike banks that use our money to lend it to some people and make profit out of it. Moreover i think in the meantime money on the banks are not secured because there are people who had lost their money by using ATM and it is very alarming.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
of course big risk, will get big profit
but if you fail to risk it, you will be the one who failed
while the risk of bitcoin, always great while the risk in the bank is very small, of course with small profits
sr. member
Activity: 616
Merit: 252
Well for me, a Bitcoin investment is much more risky than investing into a bank. But the risks in the Bitcoin is worth it when you gain profit from Bitcoin.

Investment in bitcoin is more risky than bank investment because when you invest in bitcoin, there is no insurance involved in which when you lose your coins, you cannot just approach any authority to help you gain back those coins because once you sent it to someone, you cannot just easily retrieve it especially that that someone has no name and you only have an address whereas when you invest or deposit your money in bank, there is an insurance and you know where to go to when you have problems but then when it comes to return, bitcoin is more rewarding compared to interest in banks.
jr. member
Activity: 196
Merit: 1
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 much risky than bank investment cause investing in bitcoin you faced lot's of risk and challenges cause the value is unstable and unpredictable and you don't know when it down or up you need lot's of patients to wait for increasing the value but waiting is worth it cause it give you chance to gain more profit in your investment than bank investment.

Yes I agree with you that Bitcoin is more risky than bank. Because I'll gonna give you a scenario, if Iwill given a chance to deposit my last money what will I choose between the two. I would choose bank for the assurance that if I need money I can withdraw it easy without considering the price of bitcoin.

Bitcoin is for investment for those who have extra incomes/savings that is separated to thier allowance. It is for long term investment that if you need money you need to consider if the value now is higher than the price you bought your coins.

Absolutely! for the minimum wage earner it's hard to invest in Bitcoin given its volatility and runs on digital infrastructure unlike banks its somehow safe though you will not earn by depositing its just for safe keeping. But Bitcoin will change your life if you are a risk taker and a believer.
sr. member
Activity: 1036
Merit: 294
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 much risky than bank investment cause investing in bitcoin you faced lot's of risk and challenges cause the value is unstable and unpredictable and you don't know when it down or up you need lot's of patients to wait for increasing the value but waiting is worth it cause it give you chance to gain more profit in your investment than bank investment.

Yes I agree with you that Bitcoin is more risky than bank. Because I'll gonna give you a scenario, if Iwill given a chance to deposit my last money what will I choose between the two. I would choose bank for the assurance that if I need money I can withdraw it easy without considering the price of bitcoin.

Bitcoin is for investment for those who have extra incomes/savings that is separated to thier allowance. It is for long term investment that if you need money you need to consider if the value now is higher than the price you bought your coins.
newbie
Activity: 114
Merit: 0
I prefer bitcoin for my investment.
although the risk is higher than the investment bank.
because bitcoin I think has a high income potential .
newbie
Activity: 98
Merit: 0
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 much risky than bank investment cause investing in bitcoin you faced lot's of risk and challenges cause the value is unstable and unpredictable and you don't know when it down or up you need lot's of patients to wait for increasing the value but waiting is worth it cause it give you chance to gain more profit in your investment than bank investment.

yes agree and this is what im thinking too and based on my experience if theres an economic problem banks fluctuates only very small amount of market price unlike bitcoin it fluctuates by more than 50% of its current price just like bitcoin.
sr. member
Activity: 714
Merit: 250
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 much risky than bank investment cause investing in bitcoin you faced lot's of risk and challenges cause the value is unstable and unpredictable and you don't know when it down or up you need lot's of patients to wait for increasing the value but waiting is worth it cause it give you chance to gain more profit in your investment than bank investment.
member
Activity: 462
Merit: 13
Bank investment is less riskier than Bitcoin investment. This is actually due to the volatile nature of all crypto currency in general. Investment goes with the principle "the lower the risk the lower the return" and "the higher the risk the higher the returns". So in the nutshell its much riskier to invest in bitcoin but in the end you will realize it worth to invest in it.
full member
Activity: 233
Merit: 100
I think that investing in crypto-currency alone carries an increased risk, but it all depends on your strategy. When investing in a bank, you can be sure that your money is managed by professional players and the chance of losing is lower.
full member
Activity: 429
Merit: 100
Bitcoin is riskier to bank investment. It is very risky to store your money in the wallet  cause it can be compromised any time.But once your bank investment is tempered bank pays you.
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