Which is more risky? Bitcoin or bank investment? - page 41.

CoPil

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Quote from: mikki14 on May 26, 2018, 08:59:57 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?

To be honest, Bitcoin (obviously) gives more opportunities and better return of investments. But as we all know, bitcoin has the greater risk for investments rather than with bank. Bitcoin and all other cryptocurrencies are unpredictable, unstable, and can be hacked anytime (that's why we need to take extra precaution). It's just up to an investor to decide whether the low risk or the big return of investment matters. Well as for me and most of us here at bitcointalk, we definitely prefer to take risks

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Rinchik

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Obviously, bitcoin is a riskier investment, but it can bring profit even more than a bank

AlexAce420

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In my opinion cryptocurrency is more risky investment than other sectors. Many people choose to save money safely to the bank for the sake of leaving it with the hope of Bitcoin. But investing in Bitcoin will give you a very high profit in just a short time. If the cryptocurrencies were not so profitable, people would not pay attention. So I think in terms of risk, bank investments are a lot safer compared to bitcoin investments.

Akany

jr. member

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The Bank Investment such as you have stated is actually centralized while Bitcoin on the other hand is decentralize and in times of investment, they both have their disadvantages and advantages.

For the bank, you are not doing any work, the investment will be done for you but the disadvantage is that you don't have charge over your money and you will earn less.

In the case of Bitcoin it's more risky and you are doing all the work, but the advantage is that you have full charge over you money and the worth is much more better compared to the bank.

Cryptogenes

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Bitcoin investments are the best in all aspects. In terms of security, you hold your own funds and you learn how to keep it safe. Anyone who has control over his or her funds will do anything to protect it. Also, bitcoin investment is convenient and there is no need walking to any building to sign documents and all that. The cheaper fees in bitcoin trading makes it more friendly for anyone to get in.

cryptostardom

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Investment in Bitcoin is though similar to that of banks in the sense that; both allow investment in the stock market. However stock investment with Bitcoin is decentralized in the sense that it gives investors the freedom to regulate and control their own portfolio investments. This is not the same with the banks since they control the investment.
This allows Bitcoin some privileges over banks however some investors in Bitcoin are inexperienced and this accounts for the high risk.

Dorcolac

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In all honesty, I think BTC investment is riskier. A bank investment is always 100% gonna make you profit, but the downside of that is that you have a very very long ROI.
When it comes to BTC, if the price goes up, the ROI is instant, if it goes down, you have to wait certain amount of time for it to get back to its original value ( the value it had when you invested ) and then wait for a spike up in price.

forklif

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Quote from: MDANWARHOSSAIN on June 07, 2018, 03:36:16 PM

Both are risky. But It depends how much you are able to take risk. Profit also depends on the risk factor...

Yes, it is true. all investments are indeed at risk, depending on whether or not we can minimize the risk itself. if we in every decision to think first in a mature way we are not rash I sure avoid the risk. Sad

MDANWARHOSSAIN

newbie

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Both are risky. But It depends how much you are able to take risk. Profit also depends on the risk factor...

Rakabel619

full member

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if you invest your money in a savings account in the bank, you have guaranteed that in the worst case, you are recovering your money and you lose nothing, a contract is signed. you have a bigger chance to get your money back, even if the bank goes bankrupt

Rakabel619

full member

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Hello. in my opinion investing in bitcoin is more risky than if you deposit your money into an account in the bank because the bitcoin value can drop dramatically one night. you cuddle, you get rich and you wake up poor

Nobe11

newbie

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Im new to crypto and so far it seems more risky to me. Maybe that changes with time and experience.

crypto.kaka

newbie

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I favor putting resources into bitcoin, more clear and straightforward than in banks I truly don't care for the bank framework.

vsamardzhiev98

newbie

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It is normal, big economies, they dont want to risk their money in so unsure profects... think of it, has there been ever a bank to risk its money in something that is not a 100 per cent sure ?

Carmenraggi

newbie

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Quote from: tatvuong7 on May 29, 2018, 08:39:15 PM

investing in bitcoin is more risky, but if lucky I think it can be profitable. investment in the bank does not have a big risk because when we invest in the bank our money is guaranteed and will not lose.

Bitcoin is anyway a risk being a financial investment but as I said at least in transactions in Bitcoin currency there are no interest charges and various services such as those to which banks submit

Carmenraggi

newbie

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Quote from: Dinatrio on June 07, 2018, 02:26:41 PM

Of course bank! It's easy lesson of finance education - do u know that bank can rule your money on some %?
How do u think what way of investing they prefer?

Bitcoin is anyway a risk being a financial investment but as I said at least in transactions in Bitcoin currency there are no interest charges and various services such as those to which banks submit

Rosa Paula

full member

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I just still find it further harmful to invest in bitcon because of its volatility we're able to in no way forcast the beauty once. During commercial lender, it again will provide a % from turn a profit people are able to assure that the dollars most people submit the particular wont turn out to be taken off truthfulness actually maintained typically the speicfic number wanted to keep up. But in my opinion btc will provide further excessive turn a profit and once it happens to be in any fantastic take in the marketplace.

Carmenraggi

newbie

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Merit: 0

Quote from: yvuj101 on May 26, 2018, 09:29:36 PM

Quote from: dark1234 on May 26, 2018, 09:21:30 PM

as you said it is risky all difference when we invest in other than bitcoin we can not have control of our fund and we can not withdraw our money or take just what we need at any time
while in bitcoin it's up to us and we can sell it anytime and anytime
unless we invest / join the ICO

Bank investment is easy less efforts but less in profit, while bitcoin investment is more risky but very big profits our efforts here in bitcoin is worthy to received .

Banks make high-priced services pay to citizens and often do not properly inform savers in investment transactions. In Bitcoin transactions, security and transparency are the same technology platform, the Blockchain, on which transactions take place.

Leenkoranan

newbie

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For me i think its a bank but if you like to invest them both much better.

Carmenraggi

newbie

Activity: 28

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in my opinion it is undoubtedly more risky a bank investment, meanwhile it is also more expensive considering only the interests that are paid, then it is the bank that has absolute dominance in the investment

Topic: Which is more risky? Bitcoin or bank investment? - page 41. (Read 6017 times)