Topic: Which is more risky? Bitcoin or bank investment? - page 45. (Read 6033 times)
For me it is more risky the bank investment because it not you who controls your money, unlike Bitcoin, you have the right to control it and monitor it. There is also a great possibility that when it lost it might not give back to you and you cannot do anything. But with Bitcoin, it's always with you, you will know everyday what's happening with you Bitcoin.
Of course when you deal with banks and other financial institutions, the risk is of being scammed and left without your investment is lower since they are regulated by the central bank unlike cryptos. They may act as middleman in transacting your investment to mutual funds but again this is fully documented and regulated that once breached, you can sue them and they cannot easily run away from you. Unlike cryptos, transacting parties are almost unknown, thus posing a lot of risk from getting left behind without any hold of them.
investing money for Bitcoin is much more risk than investing in Bank. Banks are governed under the central Bank & its a legally established one.
The most valuable banknote in the world is almost enough for one bitcoin. I think this is an answer.
People think that bitcoin is more risky, coz we know btc since 2009, and know banks for thousand years.
People think that bitcoin is more risky, coz we know btc since 2009, and know banks for thousand years.
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.
According to me investment on bitcoin more profitable but more risky too, sometime bitcoin give you 100x profit from your investment while bank investment just give you few profit. That's the difference between bank and bitcoin investment.
There is none of them without its risk, but I can prefer to invest in Bitcoin more than in a Bank where I can not control their mode of operation on what they do with my money since they are backed by regulation and guided by their laid down policy which may however go against my wish but I got to have no choice when I'm in. It should at the same time be noted that investment in Bitcoin should or must be with adequate knowledge or experience because it is even riskier than Bank investment, but you have the total full control of your fund based on its decentralization and deregulation.
Bitcoin is far more risky investment than banking in the sense that cryptocurrency is operating in an unregulated setting, therefore nobody can be held accountable incase of mismanagement, fraud or any form of financial crime. However, you can only earn very little return on your investment with the bank while cryptocurrency can earn you a whopping returns.
In my opinion. bitcoin is more risky because the value of digital currencies is very volatile and can be manipulated. bitcoin prices could fall in the range of 1000usd or even be 0usd. all those possibilities can happen. if the investment in the bank, the value of money we invest will be the same until whenever the bank is bankrupt, our money can still we take back.
It is also affected by legality issues. We know that most governments forbid the use of bitcoins, they argue that bitcoin is very risky because the price is so volatile, then it is likely to be misused as a crime tool, etc.
The bitcoin of course but so far there are only few cases about bitcoin complain and being reported and had a thread in the forum. SO basically bitcoin is indeed risky but it does not show literally the risk on it instead the bitcoin showcase its advantage and that will determine also your luck especially if you are joining bounty campaign and the campaign will progress and give you a good rewards.
Is that a bank? I think it is bank scammers or Ponzi banks. You should avoid those banks, if I were you, I would withdraw all my money there and transfer it to a reputable bank or better turn it into bitcoin. But if you ask about the level of risk, then maybe investing into bitcoin is much riskier than money in the bank. Banks should not be too risky, even if their banks are robbed, all your money can be returned to you. But if it happens in bitcoin wallet, I'm sure, you kiss your bitcoin goodbye.
In my opinion.
In my opinion.
Bitcoin is definitely risky, like any other investment tool! Bank investments are of course more secure, but less profitable than bitcoin!
In bank investments, things are more easy to predict as the investments by banks are done on real businesses which are controlled by some or the other laws. In case of bitcoins, it is more about perception and comparatively less related to real business performance.
A controversial statement, the fact is that banks make money from the air, increasing real deposits by 2/3/5 or more times and thereby inflating a bubble of non-existent money in the economy, then as soon as a critical moment comes, the bank can burst and it does not will not bear any responsibility to depositors. By the way, on the blockchain there are many companies that offer modern solutions for obsolete economic and other issues. So the issue of risk is controversial. 
In my opinion. bitcoin is more risky because the value of digital currencies is very volatile and can be manipulated. bitcoin prices could fall in the range of 1000usd or even be 0usd. all those possibilities can happen. if the investment in the bank, the value of money we invest will be the same until whenever the bank is bankrupt, our money can still we take back.
despite the high risks, I would have trusted bitcoin more than the banking sector, because banks are primarily interested in profits, not in servicing the people. also, in my country we have about 2-3 banks which are really big which you can make profit with.
BTC more risky with opportunity to have more increase.
Banks percents very low in compare crypto but have less risks
Banks percents very low in compare crypto but have less risks
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?
Sorry can you tell me where do you come from? In Vietnam, if you have money then people ask you why not send a bank or buy gold. Bitcoin is something that has not been accepted by the government. What do you guys think?
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?
What do you guys think?
I think the most risky is bitcoin investment than bank investment because bank is license to our government unlike bitcoin is anonymous but if you invest both much better to bitcoin unlike bank is a long process.Bitcoin is risky because theres a lot hackers and scammers thats is one most of the problem but the bank is bankcrupcy mostly happen but there is a government to investigate.Thats is the advantage of the bank with none of the bitcoin.
You know that "High risk - High return", so invest to Bitcoin or other crypto currencies you can have much much more reward than invest to the bank. In crypto market, nothing is impossible. Your investment have a change to multiple 100 and the risk is you can lost everything.
Obviously those who have the highest risk is the investment bank because many victims who have lost all their money after they invest their money for the bank so bitcoin is not too risky bitcoin just doubled the money everyone who has invested for bitcoin so bitcoin very helpful we all until now
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