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Topic: Which is more risky? Bitcoin or bank investment? - page 55. (Read 6033 times)

newbie
Activity: 49
Merit: 0
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).
member
Activity: 372
Merit: 12
When you do an investment there's always a risks on it beause we don't have any idea on what will happen to it. But i prefer in bitcoin investment because it's proven to all people that it will give an benefits and profits. In bank investment you will get a low benefits and profits because the interest very low that's why bitcoin is the best in investing.
member
Activity: 322
Merit: 10
In every investment there is corresponding risk and if you invest your money in the banks you had no control on your money because it's being lock for a certain period of time, while if you invest in bitcoin you had the full control of your funds anytime 24/7 and you can withdraw and invest to other crypto at your own decision. Although investing in bitcoin is high risk but if you manage it properly you can gain much profits as compared to investing in banks.
jr. member
Activity: 353
Merit: 4
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 that every option and action has its own risks, just as bitcoins that have great advantages also carry huge risks. And we must be careful in making choices in crypto.
newbie
Activity: 111
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 Bitcoin is more profitable than banks investment.
newbie
Activity: 22
Merit: 0
I agreed with your opinion that bitcoin surely controlable although that this coin is volatile and kinda risky. Bank investment in my knowledge does have some kind of contract that you can't pull your investment anytime.
The only risk is that the rate can not be guessed at 100%. Therefore, you can lose all the money for 1 day. If you know how to understand the exchange rate, you can get a big profit. Therefore, if a person is illiterate in this case, then it is better to put money into the bank.
sr. member
Activity: 702
Merit: 251
I consider the bitcoin to be much more risky than banks because it does not work through third parties which is why nobody can guarantee the safety of your coins every time you make a transaction.
member
Activity: 179
Merit: 10
Both have risks. but I think for those who still do not understand about bitcoin better invest first to the bank, because the bank has been long enough we know, is to invest in bitcoin we should be able to estimate bitcoin prices from time to time and require special skills to be able to understand what it's bitcoin.
member
Activity: 126
Merit: 10
Both are risky to be honest, but if you are investing into a bank of a third world country, you are much more than exposed to lose your money if the government goes bad.
member
Activity: 574
Merit: 10
When you put something into perspective, you always risk losing everything. Be it a banking investment or a cryptocurrency. Risks are the same everywhere.
hero member
Activity: 774
Merit: 503
Bank and Bitcoin investments are both risky. In bank they have their own fund advisors that used to manage the funds we had invested. In bitcoin we personally manage our own investment and definitely it is more riskier but if our investments earned in crypto currency it is very worth it. In bank if our investments earned there are still charges they are goin to deduct in our income. So for me better to invest in crypto because of the high returns.
jr. member
Activity: 196
Merit: 2
For me both of them are risky, investment in bitcoin is more risky because of the volatile price value of al cryptocurrency in the crypto market. It changes the graph frequently when the buyers and sellers interact with each other. While in banking investment it is quite good because bank has a regulated form of investment.
jr. member
Activity: 280
Merit: 1
I think bitcoin will have more risk than banks since it is known as a high risk investment which is its volatility is quite high. We can't argue that fact since it is the positive factor of BTC because of its volatility that could give traders an option to win or gain profit.
newbie
Activity: 27
Merit: 0
Obviously, bitcoin is risky but you can earn lots from bitcoin while trading as bitcoin is volatile. As, well as you can earn from bitcoin if you hold your investment and sold after certain time (not for trading). Now, risk in bank investment depends on bank in which you are investing. If financials of bank is poor, then it will be risky to invest in such bank. Risk factor also depends on return. You have high risk in bitcoin compared to bank investment in general, but you will have also higher return in bitcoin.
newbie
Activity: 23
Merit: 0
All speculations must have an unsafe opportunity. Both in banks and in bitcoins.Some of these investments are highly risky.
newbie
Activity: 10
Merit: 0
I would say bitcoin is more risky but for good reason. In my country bank investments are a huge waste of time.
newbie
Activity: 112
Merit: 0
There are risks of all types of investment, whether in bank investment, investment in Bitcoin or anything else. But what I think that is the bank's financial bankruptcy and bank robbery, your money and property may face such scandal. Which can be proved off-line. But on the other hand, you will be much safer in Bitcoin investment from these aspects. Although its price remains unstable, you can still believe that you will get profits. What is the loss of a little delay?
newbie
Activity: 27
Merit: 0
I think bitcoin and bank investment are same risky regarding money, but the difference between the two i think in bitcoin only in the market value of the coin that is not fix every now and then, in short we know already that this bitcoin is volatile in nature and we are aware of the flow and we have the direct control of our investment, while compare to the bank base the experience of my mother, her money was deposited in the bank in a long period of time, and suddenly said bank file a bankruptcy, her money in the said bank was gone, she recieved only small amount of money, and they cannot force the bank to give back her money diposited.
newbie
Activity: 94
Merit: 0
There is another choice that non-risky in bank investment. I don't know where you live, but in my country all of bank investment is non-risky. But, it is not profitable and that is why my choice is crypto, although it more risky.
jr. member
Activity: 308
Merit: 2
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 investing in bitcoin is more risky than in bank investment because in bitcoin you'd never know what happen next , you can lose everything in just a matter of time when everything goes down but in bank , when you have an investment or in other terms a savings you can have an insurance which guaranteed your money .
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