Which is more risky? Bitcoin or bank investment? - page 53.

Bohxz M4p4gm4h4l25

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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?

Well, what we need to know upon doing investment is that there will always be an associated risks that is attached on every investment we made because we are wanting to make our money grow into a much larger amount so we are risking the possibility that putting it into an investment will make your initial money grow into a larger one. For me, it is much more risky putting up an investment in terms of Bitcoin due to the fact that it is virtual because we all know that as long as it is attached on the modern technology, the risk it getting higher because it is intangible and the people you do transactions might be a real or a fake person which maybe can do bad things to obtain and get your money with no turning backs.

Indai24

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Quote from: Thatsit on June 05, 2018, 05:48:15 PM

In fact, we all will choose bank investment because the banks thereby give us specific lazy money in exchange for our specific money. That is, we get interest from the bank. But did you see one thing? Bank investment will really keep you in comfort ?? Because bank fraud, money scam, bank robbery, if it happens, then will you get your money? Then you will be bankrupt.
And on the other hand, Bitcoin is investment and risky, but they will not happen. Rather, it is very safe. And if you get a good profit once in that. You do not have to look back.

We'll for me they're both risky, however banj is less risky than bitcoin because bank do have enough securities to protect their clients, but the only disadvantage is that they offer a very low interest in return, while bitcoin is more risky because fraud could happen anytime, lesser securities but the good thing is that there will be a better returns. So for me both of them are just the same.

Sampson7

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I'd accept your from the Philippines in which I'm additionally as well, you see the way your discussing this low,medium,high chance venture design is only a trick sounds extremely a dumb speculation, speculation design in truth that you don't have any data where or what they doing to your cash however regardless i'd incline toward its more dangerous contributing to bitcoin than the genuine bank on the grounds that legitimate bank have no less than 2 to 1.5 % of pick up every year to what you contribute with, yet with bitcoin it is probably going to fall at any point in the near future with its fluctuating business sector adjustment.

Thatsit

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In fact, we all will choose bank investment because the banks thereby give us specific lazy money in exchange for our specific money. That is, we get interest from the bank. But did you see one thing? Bank investment will really keep you in comfort ?? Because bank fraud, money scam, bank robbery, if it happens, then will you get your money? Then you will be bankrupt.
And on the other hand, Bitcoin is investment and risky, but they will not happen. Rather, it is very safe. And if you get a good profit once in that. You do not have to look back.

alexsandria

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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

Well, people has different perspective on how they see their investment taking the risk as well as on how different the bank and bitcoin works. They were both risky but the thing is they have differences when it comes to benefits well we know that in bank you can take back rightaway what you invest but in bitcoin you need patience but the thing is where can you earn more profit.

crypto.kaka

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as you said it is unsafe all distinction when we put resources into other than bitcoin we cannot have control of our reserve and we can not pull back our cash or take exactly what we require whenever .but I suggest you Bitcoin is best.

Silberman

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Quote from: grandfox0502 on June 04, 2018, 10:35:06 AM

Like a wise man said, the more profitable the investment is, the more risk you have to lose your money. It is the rule. And I think, that bank investment is far far less risky than crypto investment. Thus you can gain 1-10% pro year (depends on country and bank) if you invest in some bank. But in cryproworld you can get 300% profit pro year and this is a norm (you don't even have to speculate on exchangers - just HODL).

Correct, and even those profits of 300% seems to be low you just need to look at what happened in the last year with bitcoin where you got 2000% of profits and that is when the price of bitcoin was already high and if you invest in icos and if you invest in the right coin it is not rare to see 10000% profits in a single year as you may guess those investments are even more risky but it is worth it.

IndigoRed

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Both types of investments have their own share of risks. But since you seem to be new to bitcoin and cryptocurrency, I suggest doing your homework. At least with bank investments –you have lots of resources you can consult with since it’s more of a tried and tested kind of investment. Bitcoin is more suitable for experienced traders, in my opinion. I also think being tech-savvy will help a lot too. Due to bitcoin’s volatility, knowledge and expertise in forecasting are crucial. If you only have basic know-how on the cryptocurrency market (or if you don’t trust your gut instinct in making on-the-fly trades), then really think hard before investing. Keep in mind, unlike other markets that have an opening and closing time, bitcoin is traded 24/7, 365 days a year.

luis jean

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Definitely bitcoin is riskier than bank investment. Bitcoin investment is virtual. There are no paperworks and signatories in bitcoin. Also bitcoin is very unstable compared to banks.

ListenMiss

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if seen from the risk, of course more at risk of bitcoin but if you know how to invest in bitcoin then you can handle the risk.
but if you really like to adrenalin menue then choose bitcoin but if you are afraid then choose to invest in bank

nikola22

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bank investment is not risky in most cases (only if you don't choose some kind of unknown scam bank) but the income from deposits is too small compared to that bitcoin can give. so if you want to earn a lot you should choose cryptocurrency.

lillyann

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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?

Each investment involves risks. Only there is only a possibility to limit the risk. The crypto market is not one of them. You have to be very careful and watch the market.

Kuchiyose

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Quote from: mahibul49 on June 04, 2018, 04:19:15 PM

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.

This is only your decision to choose because both of these have different types of risk different.

mahibul49

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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.

jessequick

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For now is very risky - bitcoin. Because this trend like crypto trading appeared recently. And banks for long time ago. Investing in anything nowadays is a big risk because it's the big money that controls the price of everything and when big money wants to break the backs of smaller investors, it will do everything in it's power to break us.

karisiak123

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I think bitcoin has a risk for investment. because of the decline in prices. if the bank to get back certainly takes the time specified and between bitcoin with the bank of the same course has advantages and disadvantages. and it all depends on our own choices.

NotAtOld

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Presently, bitcoin is more risky than bank investment indeed. Bitcoin and all cryptocurrencies are highly volatile and are still in early phase. But I believe in the future Bitcoin will show better stability. Bank investment on the other hand which are safe now is expected to face a lot of issues in the future. Cryptocurrencies are also expected to overthrow the banking system.

cxmyifan16

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I think that btc maybe the riskier but you need to take into account that when investing in btc you have more chances to gain larger wins than when doing the same in the bank. you will get some money but not that much

AltCoinBuddah

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in bank you can't control your money or worst yes they used your money . and in other bank like we know most here in ph. if you not deposit at the right time they give . your money will lost bit by bit .

tazman

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The Bank has various types of risks consisting of 8 risks: Credit Risk, Market Risk, Operational Risk, Liquidity Risk, Legal Risk, Strategic Risk, Compliance Risk, and Reputation Risk. You can search the internet about what and how to the 8 risks. so I think banks have a greater risk.

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