Which is more risky? Bitcoin or bank investment? - page 56.

adjudicator

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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?

Bitcoin is much riskier than investing to bank, infact, bitcoin doesnt have a permanent price to the market, which is makes it riskier, on the other hand, bitcoin makes you have a more profit than investing to a bank.

muhammedb

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bitcoin has the highest risky over bank investment because its decentralized with mean all your lost and again will be manage by you compare to banks in which is centralized you can hold the organisation responsible for fund loss.

heureca

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Of course, bitcoin investment is more risky. A lot of countries have insurance for bank deposits (it will be different sum of money depending on country). No any criptocurrency wallet will give you similar insurance

notthepuma

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The All-in-One Cryptocurrency Exchange

Of course, investing in bitcoin is much more risky than a bank! In the crypto currency, you can not be sure of the future, the price may drop at any moment, so you have to put only the money that is ready to lose!

tuliobrothers

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Bitcoin investment is more risky than bank investment but of course, in crypto there is more chance of getting a higher profits that the bank doesnt have.

SeVenlast

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● KEEP CALM & HODL ●

Quote from: genuin on June 03, 2018, 04:57:46 PM

Quote from: budiarmed on June 03, 2018, 04:37:57 PM

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?

Bitcoin investments are certainly much more risky because of price movements and are very easily influenced by various news. investment banks are much safer. But for a profit, investing in bicoin can provide far better profitability.

yes indeed what you say. here I want to add that bitcoin for now will still fluctuate the movement of the price until bitcoin can not be mine anymore. then that's the right time for people who want to invest bitcoin

All have risks that will be your own responsibility because you live in this world at your own risk.

Vness10

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I think it more risky in the bank than to bitcoin because if you invest in bank there so many papers you need to work and you cant track how they do to your investment. In bitcoin if you invest you can track your investment you are the only one can handle it and it depends on you how your investment will be. They are the same risky but different platform of investment.

Fakrull

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In a business not far from risk and profit, reviewing between bank investment and bitcoin may be my personal opinion more at risk of bitcoin.
Bitcoin its risk of an unstable price, within 24 hours its price up and down, not to mention if there is any news that makes the bitcoiner afraid.
Bitcoin is easy to crack,when bitcoin is stolen there is no place to be reported or accountable for its loss, unlike the bank, lost / hacked bank account can be raised the problem to the bank, even 3x mistake in entering the wallet password of the bank directly block his bank, for suspicious reason .

vanjava

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The more risky in my opinion is bitcoin because the price is unpredictable and very volatile compared to investment in the bank. If investment in the bank will be much safer but longer term than bitcoin, bitcoin can be long term and short term investment.

genuin

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Quote from: budiarmed on June 03, 2018, 04:37:57 PM

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?

Bitcoin investments are certainly much more risky because of price movements and are very easily influenced by various news. investment banks are much safer. But for a profit, investing in bicoin can provide far better profitability.

yes indeed what you say. here I want to add that bitcoin for now will still fluctuate the movement of the price until bitcoin can not be mine anymore. then that's the right time for people who want to invest bitcoin

budiarmed

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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?

Bitcoin investments are certainly much more risky because of price movements and are very easily influenced by various news. investment banks are much safer. But for a profit, investing in bicoin can provide far better profitability.

Watchy312

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In our life u never know the future, for example i had some money in bank and when our national currency has collapsed, i lost 2x my money, coz of oil price dropped down, so if i had money in btc for example, i would win anyway

jjjrmy

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I think two of us have individual function. Bitcoin can not replace the bank. And bank does not have the features that bitcoin has

Oto3

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Both have different ways of doing their own work and the value of both of them is different, so in the bank and bitcoin.Comparing the investment will not be right.

hheight

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In this situation, Bitcoin is a more risky investment. Bitcoin and other cryptocurrencies are extremely volatile and your assets are unstable. At the same time, Bitcoin could be very profitable investment.

agiskasep

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Maybe bitcoin is more risky than bank Investment,because so many people that can manipulated this,also bank Investment are safe

mersal

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Quote from: Syunusa on June 03, 2018, 03:41:56 PM

To me I think bitcoin is risking more than bank because bitcoin is decentralized in nature and it can easily be maniputed by people since it has not been regularized whereas, bank is control and govern by the government

Banks are available since many years but bitcoin is not like that but in future we will know which is better for trusted investment but now mg choose is banks are very safer.

Glorypaasa

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Quote from: yangdd on June 03, 2018, 03:52:34 PM

Investing in the bank about the risk of investing in the risk, but to invest more risk Bitcoin money. Bitcoin is an easy way to double the easy way to double the money but the most risky place or medium. So my choice, Bitcoin is more risky.

Bitcoin is much riskier because of having high volatility but there's a chance to generate a lot of profit, while investing bank there's a lot of contract before you earn your interest but even slow getting profit the good thing is still gaining profit.

yangdd

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Investing in the bank about the risk of investing in the risk, but to invest more risk Bitcoin money. Bitcoin is an easy way to double the easy way to double the money but the most risky place or medium. So my choice, Bitcoin is more risky.

EEEian

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There is always risk....nothing is guaranteed. It all depends on how much risk you are comfortable with. So, unless you are Ok with losing it all...you may want to rethink things. I am NOT saying you will...but this is still a very volatile investment that will continue to see very large upswings and downswings.

Topic: Which is more risky? Bitcoin or bank investment? - page 56. (Read 6033 times)