Which is more risky? Bitcoin or bank investment? - page 5.

hermae

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Quote from: virarara on June 25, 2018, 04:00:21 PM

Of course both are at risk but I'm sure bitcoin is more risky than the bank. Because we never know how bitcoin for the future and will never blame anyone if we lose.

Bank investment and bitcoin investment are both risky. I think everything that involves money have risks. Both investment have its advantage and disadvantage. Banks may use our money to invest to anything which only them can gain profit, we never know. In bitcoin investment there is also a risk because of its volatility and some hackers or some icos that are scams. But if I were to choose, I would prefer bitcoin investment because we can control our own coins, either we invest it or sell it, it is all up to us, so I will choose bitcoin than bank investment.

Xavierfr12

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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 agree to your saying the bank investment are the most risky because like you said invest using your money you don't have controlled to it it's means the bank control your money if bank is have a bad idea to your money it will become scam that's why bank investment is so very risky

Psychee

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It is more risky now Bitcoin because it is not known when it will rise or lower even further so I moved to Socrates and was very pleased

RyhaniFoyej

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I think Bitcoin is the best because there is no apologetic. If I have a lot of money when I'll go to the bank to fund this money in my bank account or the time of withdraw I have to account for this. But I do not have to give any explanation here. So I think Bitcoin is the best. We can securely fund Bitcoin in our wallet and it will be there in a secure and hidden.

virarara

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Of course both are at risk but I'm sure bitcoin is more risky than the bank. Because we never know how bitcoin for the future and will never blame anyone if we lose.

eliek18

newbie

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bitcoin! as a long term investment!
...

eliek18

newbie

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bitcoin! as a long term investment!

abiola4real

newbie

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Bitcoin to me is the most risky investments as it doesn't have any physical back up unlike bank which can be traced if there is any issue in money invested.... There is still hope to retrieve lost invested fund from bank since it can be sued but no way to recover you lost fund on bitcoin as it doesn't have anyone to sue for repayment of the loss..

ScottAdam.

newbie

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actually both of these investments are equally at risk, but bitcoin investment is much more risky. The relatively unstable bitcoin price factor poses a major risk of decreasing or increasing the assets we have if investing in bitcoin besides that the risk of losing assets with the theft through our wallet into something we often worry about and lose assets in bitcoin there is no institution or legal entity that guarantees it when compared with investing in the bank. maybe that's a small picture of some of the risks investing in bitcoin.hopefully can be a consideration before you invest in full bitcoin

19nataliya12

jr. member

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It seems that at the moment banking investments are much more risky than bitcoins, I think that it will rise in price

Sakash

newbie

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Bitcoin investment is more risky. There is relatively low risk of bank investment. If you invest money in the bank then it is possible to get money later. But there is no scope to get back the money from bitcoin and get back. So, there are more risks in investing in bitcoin.

Jaemouns

member

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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?

Investing in banks ang bitcoin are just both risky at all . But I suggest you to invest in bitcoin rather in banks because in banks your money dont move faster not like bitcoin ,your money gets multiply.

Mia Wallace

full member

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According to my point of view and experiences bank investment is a risky one and Bitcoin may be or may not be risky but to my opinion Bitcoin will not be risky as in Bank investment . The bank give support only for people who are wealthy but in Bitcoin all have the equal rite there is no poor and wealthy. Bank investment is operated by the central bank there is a third party influence in it so it will be a risky one but in Bitcoin it is controlled by the user only and no third party involvement so in Bitcoin there will not be more risky .

pathapoddo

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CRYPTOCITIZEN $CCASH

I think bitcoin is more risky than bank investment. Because bank has a security but bitcoin has no security. As bitcoin has no controller so it can be happened any thing at anytime. But bank has a contract that it will give you a handsome profit after the maturity. So you can trust bank but not bitcoin.

rolls89

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The answer lies in your query.Look as you already said that Bank Investment with higher Risk carries an equal chance of higher returns.As compared to Bank Investments Bitcoins carry higher Risk Weights,thus they earn you more.

Although I do not know much about Phillipines,in my country we consider Bank Investments as less riskier.Though you ought to know where banks have invested your money

royal slave01

newbie

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Quote from: Singbatak on June 25, 2018, 11:28:33 AM

In the bank investing money is safe but interest is only small. In bitcoins there is a lot of risk but if you invest in it you can easily earn 10% daily or 20% daily. But because of the volatile price you must be careful and risky. But if you will walk through each wave is easy to just earn it.

Yes agree bank investment is safer than bitcoin investment because mostly the fluctustion of market price is just minimal unlike bitcoin that it can easily fluctuate even in a very huge value.

Singbatak

full member

Activity: 434

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In the bank investing money is safe but interest is only small. In bitcoins there is a lot of risk but if you invest in it you can easily earn 10% daily or 20% daily. But because of the volatile price you must be careful and risky. But if you will walk through each wave is easy to just earn it.

Birin016

full member

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Investing in banks are absolutely safe till the time they are government banks as your money will not go anywhere. But obviously it will not yield you any interests as such on bank deposits but on other hand if you want your money to grow then you will have to invest in crypto which also means it involves risk.

salita23

newbie

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That two investment is risky but it depends on how you do or how you manage your money properly. Bitcoin is an online investment that can make you earn fast in the right times and the bank is you are earning every month in a small profitt of your money. Two different types of investment and earning but different steps and rules to earn.

Thecryptocurrency09

full member

Activity: 345

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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 this world, everything turns out to be risky specially when you are dealing with computerised things like bitcoin. But then I guess even bank investment are needing technologies too in order to sort their files. These two may be different in some aspect like the one who will be managing your account wherein in bitcoin you personally have your do it yourself while investing in banks are more of then to hold unto your accounts. Another is of course their value. But nevertheless, it is about us, individual whatever risk we will take.

Topic: Which is more risky? Bitcoin or bank investment? - page 5. (Read 6039 times)