Which is more risky? Bitcoin or bank investment? - page 38.

mendozaaria1

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Quote from: mikki14 on May 26, 2018, 07:59:57 PM

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?

I think, my opinion is that both Bitcoin and bank investment can be the same as if we can just get income, but with Bitcoin, I think we really get bitcoin income.

Robin1020

newbie

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Depends on the bank but mostly buying Bitcoin is more risky due to high volatility of the prices. But that's the way of earning for traders.Bitcoin does give more profit than investment in the bank. But I think the risk of loss or loss is also greater in bitcoin plus if we experience loss then there will be no third party in charge.

Mystika

member

Activity: 134

Merit: 10

based on my own opinion the most risky between bitcoin or bank investment is bitcoin because it does not contradict us as bitcoin is a kind of digital currency which is fast and it drops its value unlike in bank investment can you calculate what rules and how much profit and another advantage in bank investment can you personally communicate with the bank itself.

mung_nasib

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If I think the biggest risk for someone is to try to invest in bitcoin because with the coin price movement that often changes a trader must be able to withstand an emotion to anticipate the occurrence of losses.

marie2012

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Bitcoin is more risky compare to bank investments. But as we all know in finance, the higher the risks the higher the return of investment.

amsiran_irene

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Bitcoin is risky compared to banks as there are lots of security breaches recently, if your investment will be gone during the breach it cannot be restored unlike in banks if there are breaches you will get a refund based on your current deposits.

Gondwanaland

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Quote from: mikki14 on May 26, 2018, 07:59:57 PM

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?

In my perspective the bitcoin is risky than bank because here in bitcoin you will invest your money but the return is 50/50. But even 50/50 if the investment become successful it is not regretful because you will earn a much profit than in bank. It is usual to take risk becaus taking the risk look you stronger and it wipl teach you in future.

DemiGodKaido

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Indeed, bitcoin is much risky than bank investment. The bank are more secure than bitcoin but in investment the bank is much lesser than in bitcoin. In bitcoin it can grant you big money of you know how to handle it unlike in bank it will only give you a small amount of investments

mware

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Activity: 390

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Bitcoin is a very volatile asset, Its price is not dependent on any fixed parameters and hence, it is difficult to predict anything with respect to its returns. it can give you a 2000% yearly return (like this year when it was trading at $20,000) but don’t expect same return next year, it may exceed or lower the return.

Elrozaq

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Activity: 112

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Quote from: mikki14 on May 26, 2018, 07:59:57 PM

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?

Bitcoin is more risky than bank investment, but bitcoin also more profitable than bank investment.

Ronzky

newbie

Activity: 9

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i think bitcoin investment is more risky than bank investment, because in bank you can update and monitor you account and you may know your investment all the time, but when it comes to gross bitcoin is more profitable and you could income more.

Elachious12

newbie

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Bitcoin has more risk than bank investment, but the advantage of bitcoin investment over bank is that if there is high volatility you gain more in bitcoin while in bank investment the interest is very minimal.

Cloak1

sr. member

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In my view, it's more risky having investment in cryptocurrency because there's a big risk of losing most of our investment or even everything. Cryptocurrency has no intrinsic value apart from what a buyer is willing to pay at a given time. This makes it very vulnerable to huge price fluctuations, which increases the risk of loss for an investor. If we can not deal with the volatility of cryptocurrencies, just look elsewhere for investments that suit us better.

Pemburu dollar

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Quote from: amberwang120009 on June 02, 2018, 09:56:23 PM

Bitcoin is indeed risky. But bank investments are risky too. we all know that investing in a bitcoin is more risky than depositing money into a bank.Your money in banks are for safekeeping only. Investing in bitcoins, if done correctly, can make you a substantial recurring income.

I think It does not make sense to me, it sounds like a scam, they will invest using your money and you have no control for it. That's why I prefer bitcoin, because even if risky and highly volatile, you have full control over your investment.
Bitcoin is risky. But bank investment is also risky. In our country (because I'm not sure if this exists in other countries). When you have a large amount in your account, they will call you and ask if you want to invest, at least 20,000 Php (or 400 USD). They will propose some investment plans in which there is a choice of low, medium, or high risk investment. When you choose a high risk, there is a chance to lose or get 100% of your investment (Medium is 75% and low is 50% if I remember correctly).

spartanrules

sr. member

Activity: 700

Merit: 250

Given the volatility and manipulation of the cryptocurrencies market, investments in Bitcoins are more risky. The size of the expected income and the level of risk are inversely proportional and this is natural. The same with the Bitcoins.

wengden

newbie

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I think it is more risky to use bitcoin than bank inbvestment. In bitcoin, you cant detect the people around you.

fidelium1

jr. member

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In my opinion, I believe investment in bitcoin is much more risky than the banks for some obvious reasons;
When you invest in banks, you are sure of a certain percentage profit for a period of time, although this profit may be very small compared to your investment, but with BitCoin you are not sure of anything because the market is so volatile that you can make huge profit or even a huge loss overnight. So BitCoin is more risky, but I will still choose BitCoin over banks.

pavel08

newbie

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To invest in banks are not very profitable but is less risk than investing directly in the crypto-currency is why most people leave their money in banks

Kakek sugiyo

newbie

Activity: 27

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Bank investment is an investment that is risky because we use lasung transaction from our bank and card that can enable incident that we do not want, while bitcoin is a very modern investment and easy to understand if we intentions and really we do not need a capital lasung but we can capitalize our brains and thoughts to invest

chidrawarster

full member

Activity: 406

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I would prefer banks over btc as they fetch u atleast some fixed returns compared to variable returns of btc. Btc investments are pretty risky when compared to the volatility they have got, if we have infused much money then it's a risky investment but worthy if we can afford to lose. I would still balance my portfolio and then manage the show and ride on both the portfolios.

Topic: Which is more risky? Bitcoin or bank investment? - page 38. (Read 6033 times)