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Topic: Which is more risky? Bitcoin or bank investment? - page 63. (Read 6033 times)

sr. member
Activity: 896
Merit: 267
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bitcoin is very risky because the price up and down, but also can generate big profits as well. bank is not the right investment medium, because we just keep it and the value will not increase.
In every investing have risk especially in bitcoin we know bitcoin is very unpredictable we dont know what happen tomorrow when it down or up, but when the value is going up we get more profit, but in the bank the interest of investment is very low it is not increasing so even so much risk in investing in bitcoin, I choose bitcoin it give me opportunity to earn more profit and to become successful in the future.
member
Activity: 518
Merit: 14
bitcoin is more risky If compared with investment in Bank. although risky but the result is very big and profitable if good luck again favor to us. and I personally prefer investing in bitcoin if compared to investment in Bank .
member
Activity: 224
Merit: 10
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.
newbie
Activity: 129
Merit: 0
I think bitcoin is more risky than Bank investment because bitcoin does not have an office, secondly if the price falls there is nothing you can do about it
full member
Activity: 268
Merit: 100
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 way more risky compared to bank investments but that should not encourage you to disapprove bitcoin knowing that amidst all the risks bitcoin have, there are greater rewards waiting that can never be achieved through bank investments. Be smart and choose wisely so that you can make the most of your investments.
newbie
Activity: 196
Merit: 0
It's risky if you do not analyze the market when it is in swing, it's hard to imagine if you do not know who will buy the next day and in what quantity. Risky any investment.
newbie
Activity: 25
Merit: 1
I think two of us have individual function. Bitcoin can not replace the bank. And bank does not have the features that bitcoin has
member
Activity: 97
Merit: 10
According to I Very Bad Investment And Risky That Is The Investment Bank Has Bayank Victims Of Investment Banks So A Highly Risky Investment That Is Inevstasi Bank So According SAya Bitcoin Investment That Very Ally For Everyone Because Bitcoin Will Combine All Of Our Money That Have Been Invested For Bitcoin
jr. member
Activity: 230
Merit: 1
of course bitcoin more risky because the price is not as stable so that can not be predicted by anyone. although the risk is great if compared to investment in the Bank. bitcoin is capable of making us a millionaire in no time .
newbie
Activity: 75
Merit: 0
Of The Highly Risky Investment That Is The Investment Bank Has Many People Who Fail To Build The Investment Of The Bank And They All Have Lost All Their Money After The Brand Investment In Different Banks With Bitcoin Has Opened The Opportunity For Everyone Who Wants To Invest And Bitcoin Gives The Very Big Size For you
newbie
Activity: 210
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?

I guess you're a Filipino, right? I am also a Filipino and also heard the news about those bank investment scams. In my own opinion, Bitcoin is more risky because you can really lost your investment by your own wrong decisions and being impatient in your transactions BUT Bitcoin is more worthy to be invested upon because you invest at the same time, you learn to handle your money and be a wiser person not just in trading but on a daily basis.
full member
Activity: 504
Merit: 100
more risky investing in bitcoin, because bitcoin prices are very volatile and unstable, so if not smart, the investment in bitcoin will be a loss and very risky. and investing on bitcoin no one is responsible.
if the bank, maybe you will get a lot of benefits even a little, and there are in charge if your funds lost suddenly. so it's more risky to invest in bitcoins than banks.
sr. member
Activity: 327
Merit: 250
In my country if you invest (Fixed deposit , savings account or investment plans) on a Government bank they guarentee the safe return of our money through constitution. but they have very less interest range and very long time periods.

Bitcoin investments were risky before, but with the invention of hardware wallet, or if you want to completely secure using a paper wallet, you can guarentee it's safety and look from few years after and see how your investment grown.
newbie
Activity: 154
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.
member
Activity: 574
Merit: 12
The risk with regard to the safety of our bitcoins remains with us. For any of our mistakes, we are responsible for ourselves. And there are a lot of such risky situations: bitcoin can disappear from our wallets either through our fault or without it, because there are a lot of hackers, various malicious programs and everything else. As for the crypto currency, we are our bank.
If we transfer our money to the bank, it is the bank that already carries the risk of responsibility for the safety of our money, and if the bank is a state bank, then the state. Even if the commercial bank goes bankrupt, there is a state deposit insurance fund and the minimum amount you will still be returned.
I think that in terms of security, keeping a bank in a bank is more profitable, but it's better to earn money in a crypto currency.
newbie
Activity: 210
Merit: 0
Each choice and action has its own risk. Just like bitcoin, behind the big profits also contains a risk that is also deadly. We must be extra careful in running bitcoin so that we do not suffer a deep loss.
sr. member
Activity: 623
Merit: 362
Off course bitcoin is very risky to invest, in bank investement is secured but investment return is very low compare with Bitcoin. If you want more return you would be suffering risk, in share market also same, where is risk and you can earn more money, Crypto currency and Bitcoins all are high risk investment platform thats why many govt. and banks are warning to invest in bitcoin and crptocurrency
full member
Activity: 476
Merit: 100
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 both are very risky but I would prefer to choose bitcoin investment since it can give greater profit and it has helped people lives. Investment of bitcoin is so very profitable that is why a lot of people are very interested in joining some bitcoin investments. Unlike the bank that has offer a very few interest rate.
hero member
Activity: 924
Merit: 500
it seems that the most high risk is bitcoin, because we do not know if bitcoin could potentially collapse to the base price to the $ 10 price again as when the first time bitcoin was created, hopefully it did not happen because if it happened it would be horrible.
member
Activity: 263
Merit: 12
I think its both risky. But in different way. Bank investments are risky if the bank has a chance to face bankruptcy. And its not acceptable for its customer as the cause of bankruptcy is not their fault but the bank management itself. The only reason I see that make bitcoin investment risky, is the volatility.
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