Bank and Bitcoin investment are both risky but they are different in so many ways, as enumerated below:
1. Banks deduct taxes from our investments.
2. Banks have fixed percent interest for our money invested to them.
3. Banks have so many documents to be signed, processed, complied and etc., which is good because it is
documented but will add works for the investors.
4. Banks can be bankrupt, it cannot be avoided if the situation calls for it.
5. Banks reinvest our money to have profit from it more than what they give us back for our investment.
BITCOIN:.
1. Bitcoin price is volatile.
2. Bitcoin is decentralized, no one solid you can account to.
Between the two I choose BITCOIN, it has more advantage than Banks. In Bitcoin your earnings are not limited, you can earn a lot of money as long as you know all the ways of Bitcoin. Government cannot taxed your income because cryptocurrency exist only in the internet and because Bitcoin is using Blockchain technology, government have no way of tracing your transactions and income gained from Bitcoin. Even if it is risky I will always like Bitcoin, it can give me the financial freedom I am dreaming of.
Topic: Which is more risky? Bitcoin or bank investment? - page 52. (Read 6033 times)
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?
My opinion is that bitcoin is more risky than bank investments. I am not seeing any banks scamming you and your money invested. Because they are banks and banks are reputable in each different countries and these banks indeed have government agencies governing to them for proper implementation of policies.
Bitcoin is more risky of its volatility in its price. One of its factor of the price changes is the demand and supply law. Many have loss their money, pawned their belongings just to invest in bitcoin and then bankrupt. What must be done is in investing, one must be studying and be knowledgeable with it before entering and risking.
personally, I think investing in bitcoin is much more risky than bank but the benefit it brings is extremely huge.
In my opinion bank investment small risky,but bank investment do not make profit.but bitcoin investment make huge profit.The bank investment will reduce your money.but bitcoin investment increased money your future.
I admit that investing in Bitcoin is a very risky thing, with Bitcoin's very fast price fluctuations so we can all lose. But there are many benefits that one of them is we can get a huge profit. Fantastic numbers and even a lot of people get rich after they get to know Bitcoin.
To my experiences bank investment has been more risky banks they have the privilege of taking off our hard earned money for certain purposes but this is not in Bitcoin we get more benefits from Bitcoin and we can get profit from Bitcoin .since Bitcoin is decentralized one and no intermediary it is safe and easy to use and saves time for transactions but this is not experienced in fiat currency . Even if we feel that Bitcoin is not risky I recommend not to invest all your earnings in Bitcoin .
Bitcoin is more risky because of its volality.
Bitcoin and bank investment same effect if you talk about investment policy very high risk.But in bitcoin investment you can earn big even if you are invest small amount in very short time.while in the bank investment you need a big money to can avail in their investment program and you can wait year to get your investment profit sharing.
Bitcoin and bank investment same effect if you talk about investment policy very high risk.Easy just choose the Bank that shows little interest or that bitcoin very big profit money. But for the best way to earn beautiful to invest in the bitcoin because you could earn double or triple because of huge profits.
It is very much risky to invest in bitcoin since its price is unstable and tends to fall sometime, your investment might loss. Unlike to bank investment they have programs that keeps your investment grow anually. Of course if your an investor, you should know the background of what you are investing with.
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?
For me, bitcoin is much riskier than a bank, but the advantage of bitcoin is that you are the one that can handle your money, you are the one that may observe and hold it without the help of others, and also investing in bitcoin makes you earn a higher profit than investing to banks. What do you guys think?
Both have an element of risk, there is no investmnet without an element of risk., it only epends with how risky whch one is compared to the other. BTC in this case is high risk as compared o banks, but is more rewarding
When it comes to investment in general, it is a risky task that we all do irrespective of the medium you pass through. whether through bank or bitcoin (cryptocurrency) but one is somehow less risky than the other. I think bitcoin investment is by far risky than bank investment. The high volatility of BTC accounts for its higher risk involved in investing in bitcoin.
You need to identify two problems. If you want to be more secure then you should send a bank, but this will not bring you much profit. And if you take the risk to make a lot of profit then you should invest in bitcoin.
The One principle of investment clearly stands on its own, that's - the higher the return on an investment, the higher the risk.
Interestingly this most stubborn and hard head investors over look this common principle and go all in into an investment with about 95% profit, forgetting that the risk of loss associated with this kind of investment is equally high as well.
This is typical of both bank and BTC investment, my advice is you just have to know how much you wish to invest. Do not invest an amount you not ready to loss.
Just try not to be a hard head investor. Survey the market and weigh your pocket. And remember, the higher the return on an investment, the higher the risk of lost.
Interestingly this most stubborn and hard head investors over look this common principle and go all in into an investment with about 95% profit, forgetting that the risk of loss associated with this kind of investment is equally high as well.
This is typical of both bank and BTC investment, my advice is you just have to know how much you wish to invest. Do not invest an amount you not ready to loss.
Just try not to be a hard head investor. Survey the market and weigh your pocket. And remember, the higher the return on an investment, the higher the risk of lost.
Generally speaking, the risk of investing in BTC is greater! The risk of cryptocurrency is always great!
Put money in the bank can get fixed interest!
BTC prices are volatile, you can make money and be prepared to lose money!
Put money in the bank can get fixed interest!
BTC prices are volatile, you can make money and be prepared to lose money!
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?
Surely I agree to you that bitcoin is more risky. It is because its price is more volatile compared to a natural currency of a nation. But, the fact that makes bank investments also risky is that banks cannot avoid being bankrupted. Nonetheless, throughout my whole financial career, I found out that all types of investments have a certain intensity of risk and its up to the investor which risk he/she will take. What do you guys think?
bank and bitcoin both are risky .if you have no knowledge about bitcoin you cant be success in bitcoin.
just do proper research and then decide bitcoin risky or not ..in my opinion btc is safe for me.
For me investing in bitcoin is more risky because the price of bitcoin is really unpredictable in the market and when we invest in banks i am sure that our money will be really safe but our money with banks will not grow unlike on investing in bitcoin. just do proper research and then decide bitcoin risky or not ..in my opinion btc is safe for me.
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?
When investing with a bank the main problem is that firstly you are required to tie up your investment for a considerable amount of time(usually), the bank just want your money to trade with and then give you a small percentage and also you don't know what they are investing in.
Bitcoin is risky put has a very positive upside, I think its best to diversify into crypto related fields and do some research on funds that are offered by numerous institutions, I would consider top funds to be the best option for upside return and risk management. Besides, its likely that the bank maybe just giving your money to a fund and then taking a cut.
yes that's true and investing in bitcoin is likely to get bigger results than investing in the bank, even though the risk level is higher, I think it's comparable to what we'll get later if it works.
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