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Topic: Which is more risky? Bitcoin or bank investment? - page 67. (Read 6019 times)

sr. member
Activity: 1316
Merit: 356
Bitcoin investment is more risk than bank invesment but you will get a huge profits and you can make money in investing bitcoin. The bank investing earnings is too low compared to an cryptocurrency investment so choose wisely and made a better decision so you will not regret it. Even bitcoin is risks than bank at the same time you will get more benefits on it.
sr. member
Activity: 1274
Merit: 278
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?
Obviously, i do think that bitcoin investment is more risky. The only risk in bank investment is the bankruptcy which rarely happens and ofcourse you won't invest to banks which are not under the government. While on the other hand, investing to bitcoins is more risky due to the market volatility which sometimes result to partial loss of profit.
member
Activity: 214
Merit: 10
Bitcoin too much risky than the bank to invest money. But you can make a lot of profit to earn from bitcoin. Bank is a safe when you want to safe money but the interest is too small and too slow to become a pretty much good interest.
full member
Activity: 336
Merit: 100
bitcoin and bank investment are both equally at unexpected risk. E-Wallet or digital wallet is a place to store bitcoins with a special code called private key. the code is used to transact using bitcoin. this code is likely to be stolen or known to others.
so the risk that the bank's investment involves the elements of market risk that many occur such as national economic development, interest rate movements in general, and political conditions ...
newbie
Activity: 112
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 think the most risky is bitcoin because it can be easily hacked its security key  unlike banks which is vey safe and you money is being protected by their computer experts.
jr. member
Activity: 294
Merit: 1
I think that all are at risk. No investment is not risky because we do not know what will happen in the future. I can only advise you to think about good risk management before plunging in to invest. Think of the strategy that you will take. Whether you will follow long-term investments or short-term investments.If there is an insurance party that offers a guarantee when things go wrong then you should join. This is to minimize the risk to your investment. At least, if something bad happens then you do not suffer a huge loss. But if I am given the freedom to choose then now I prefer bank investment rather than bitcoin. Bitcoin prices are so volatile that I do not want to take risks. If the bank is a small profit but the situation is more stable.
newbie
Activity: 173
Merit: 0
for even more risky bank investment especially the hyip sites and the unknown info they can close the website to make them just as bitcoin when the bitcoin price drops just hold it for many years to recover you're losing


I think bitcoin is more risky than bank investment because our money in banks are well protected from hackers and with insurance just incase some people it will be stolen.
newbie
Activity: 28
Merit: 0
Bitcoin is risky indeed, mainly because it's on an Online wallet and it's open to cyber attacks, but when using a hardware wallet it minimizes the risk, In my country safest places to keep your money is government banks, they have a guarentee, it's a small interest but it's the safest one in here, and there are threasury bills and Bonds, that we can invest short term and long term, they also guarentee our return, it's a bit more interest than savings account.

But the problem in my country is many people put their money in the private sector, Fixed deposits, that pay a 2-3% more than government banks pay, and throught history many times they got scammed by them, and very recently another company went down. So there's that risk getting involve in scams for the difference of few percentage.

but when we use a hardware wallet not only we can minimize the risk, or may be completely safe from it, and also have great profit with market prices.
jr. member
Activity: 336
Merit: 3
for even more risky bank investment especially the hyip sites and the unknown info they can close the website to make them just as bitcoin when the bitcoin price drops just hold it for many years to recover you're losing
newbie
Activity: 210
Merit: 0
Bitcoin is risky than bank. But in bitcoin you earn and get get profits, while in the bank your money is have a low interest. And for me there is same risk.
newbie
Activity: 196
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 do not think that bitcoin is more risky than deposits in banks. We have experienced both bank defaults and monetary inflation. Any coin can be depreciated, both traditional and crypto currency. The choice is yours.
full member
Activity: 821
Merit: 101
Bitcoin is a little bit risky compared to bank investment. In bitcoin if the price goes down you lose, and when it goes up profit!!! Putting your money in a bank your investment is secure but it will take long to get profit from it, maybe lets say 100 to 200 years.
sr. member
Activity: 1400
Merit: 273
I think it is more risky in Bitcoin than in bank investment. But keep in mind that in the world of investment, the rule is always that the higher the risk, the bigger the return. The investment world is not for everyone. It is for those who have the guts and not just the brains. There are brilliant people out there who are lacking the necessary bravery to take risks. Bitcoin gives us a much bigger return but you will have to counter a lot of negative comments.
sr. member
Activity: 702
Merit: 251
If you think carefully you will find some serious disadvantages in both banks and the bitcoin despite the fact that they are very different. Banks are risky because they can become bunkrupt all of a sudden and the bitcoin is risky because it is so volatile and it is not a centralized currency.
member
Activity: 126
Merit: 10
Hello everyone, my opinion, of course, the investment in bitcoin is riskier. A very large volotility, the inability to present a future price, this makes bitcoin a risky investment
newbie
Activity: 336
Merit: 0
I admit that bitcoin investment is riskier than bank investment. But we all know, No risk no gain. Bank investment is less riskier but what bitcoin can give you that no bank can ever give you.
newbie
Activity: 11
Merit: 0
both are in risk factors only!!!
newbie
Activity: 105
Merit: 0
Actually,  we all know that investing in a bitcoin is more risky than depositing money into a bank. Many people choose to safely deposit money into a bank for interest instead of leaving it at the chance of bitcoin. But investing in bitcoin will bring you very high profits in just a short time. It is1০০% true. Smiley
newbie
Activity: 98
Merit: 0
for me bitcoin is riskier than a bank investment, however banks are also not 100% safe. If the bank is regulated by your country's central bank or some state financial authority then if the bank goes bankrupt,Either you are investing in Bank or Bitcoin .but the Risk percentage is more in Bitcoin than Bank. Even then as an investment purpose still I prefer investing in Bitcoin more than Bank.
newbie
Activity: 294
Merit: 0
Actually both bank investment and bitcoin investment are risky. Bank can be robbed or can result to bankruptcy and in Bitcoin it can be hacked but both have security measures and features or protocol but in Bitcoin you have higher possibility to grow or to earn
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