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Topic: Which is more risky? Bitcoin or bank investment? - page 44. (Read 6033 times)

newbie
Activity: 141
Merit: 0
investing in bitcoin is more risky than saving money in bank atleast in bank you are assured that your money is safe and if something wrong happen you can find the bank who has the fault . But in bitcoin once you get scammed or your wallet was hack for sure you will not bring it back so make sure to know the risk before investing in bitcoin and also the price are rapidly flactuating so be aware of the loss or the profit you might earn .  Always know the risk before entering any investments
full member
Activity: 350
Merit: 100
I think both of them involve some risks, but personally I prefer investing in Bitcoin because the potential profit from this cryptocurrency is a lot bigger than profits from bank investments nowadays. We have just to keep holding our BTC for some months or years until the price hit good levels.
member
Activity: 168
Merit: 10
I can not say unambiguously what is more risky, but my opinion is somewhere 50:50, because they have their own advantages and disadvantages, it's probably everyone's business, vseravno the entire responsibility for the choice lies with us
newbie
Activity: 160
Merit: 0
We have a risk for our investment but have small risk for.btc bcos we can invest with.small.money
member
Activity: 658
Merit: 10
Rangers Protocol
Actually you can try even just once in order to found out whether it is real or scam. Of course don't put much money to avoid big loses of your investment. Still you should pay more careful for your money and yourself for the future purposes.
member
Activity: 383
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?
I think it is more risky to invest with bitcoin for now because we know there is no legal force that can protect our assets in investing with bitcoin but it's all a problem because high risk can get high profits too if I think
jr. member
Activity: 1092
Merit: 2
I think bitcoin is save.... Because it's all handled by user alon .
But bank is not .
newbie
Activity: 196
Merit: 0

There is more risk in Bitcoin as compared to bank investment. Bank investments always come with insurances. So if ever the investment turns out a failure, you do not worry that much because your investment capital will be given back to you.
member
Activity: 214
Merit: 20
The bigger risk is definitely on the side of Bitcoin investment. If you invest in Bitcoin, you do not have any safety measures installed to your investment. Also, you buy Bitcoins without any assurance that it will go up. Your basis might only be on the grounds that Bitcoin is going to make it much bigger in the future and its price track record. With bank investment, you are guaranteed with a detailed contract which includes a certain form of safety assurance.
I agree with you, bitcoin investment have more risk than banking investment in a way that the security and assurance of profit will be classified.
sr. member
Activity: 642
Merit: 250
The truth is all investments are risky. And I also agree that investment in Bitcoin is much riskier than just investing in your banks. On banks, you have a safety net that, bank investment is more transparent in actual records, than bitcoin, there are still risks but just mitigated since there is a certain percentage of growth annually, you also have a financial adviser since you are investing through your bank. For Bitcoin, your records are in the digital form, it can be hack, it can be scams ,could be stolen and you can not complain, while in bank there is a center for your complain in case there would be problem in your investment. You should be able to equip yourself with the knowledge and skills sets necessary for you to be able to manage your investments, the risks are much higher but once you get your returns they are much bigger as well.
full member
Activity: 358
Merit: 100
bitcoin is risk for people that dont know about cryptocurrent. many people loss their fund here, because they dont know about bitcoin. but the advantages is you can control your risk.
bank is risk too, because you cant control your risk. like you bet your fund to some company, dont know it will give you profit or not.
both of them have their advantages itself.
member
Activity: 92
Merit: 10
"OPEN GAMING PLATFORM"
Actually bitcoin investment is more risky than bank investment, but the profit of bank investment is more less than bitcoin investment. But it depends on market condition and situation. Sometime the profit of invest in bitcoin more less than bank investment.
newbie
Activity: 27
Merit: 0
many people say investing in bitcoins is risky. that if the bitcoin price goes down I think be patient for the recovery of the price back and it will exceed our stock back.
jr. member
Activity: 40
Merit: 11
Every investment is risky
Yes but at least you can minimize the risk by investing in small amount, because the risk is depend on your investment amount, the more you invest so the more of risk and the contrary.
newbie
Activity: 10
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?

bitcoin is more risky than bank investment (but it is a risk that i am willing to take). see, bitcoin is disentralized, which makes the government illegalize it anytime since it is somewhat a competition to them. also, you cant buy everything with bitcoin, not like with the flat currency which means u have to still own other currency. another reason is its lack of security.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
Bitcoin is riskier than anything right now and its not suggested to enter at this point. Let it go beyond $8500+, there is no resistance after that.
member
Activity: 602
Merit: 10
Every investment we made always have a risk. I think investing on cryptocurrency market is more risky than on the bank. But like others game, high risk have high yield, and that applied on cryptocurrency market too. We can make big profits opportunity in crypto because market fluctuation is high and it still growing market.
banks only give small interest and its not profitable than cryptomarket
full member
Activity: 413
Merit: 105
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?

The both of it is risky. But for you to earn and gain profit you should take the risk. In bitcoin the risk that you will take is how will the crypto currency will successful wothin the month or year its working. You should take the risk of your strength and the time you use to manage it. In bank investment it alao tak the risk of how successful they are. In the investors that are related to them.
member
Activity: 252
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?

I think Bitcoin investment is interesting but risky, in a twinkle of an eye you can lose millions of dollars, still preferable over bank.
full member
Activity: 371
Merit: 105
If you invest in Bitcoin, you do not have any security measures put into your investment. Also, you buy Bitcoin without warranty that it will go up, so the risks are on its own, Your Base may be just the reason that Bitcoin will make it much bigger in the future and track record of its price. With an investment in a bank, you are guaranteed to have a detailed contract that includes a security guarantee in a certain form.
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