Which is more risky? Bitcoin or bank investment? - page 69.

signup01

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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?

I think it's more risky to invest with bitcoin because if investing with a bank if there is a problem already there is a legal institution that handles if bitcoin we will lose all without any legal entity that can help us, investment with big risks of course produce big profits too

Sir Paijoe

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Although bitcoin investment is very risky but it never scares me, just when the market is red like this then I will buy in larger quantities because I'm sure that prices will skyrocket in a short time.

VUKIMTHAO

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risk ro as the high, profit to be large.

coly20032003

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Bitcoin is definitely more risky than bank investment. But high risk means high return. With bitcoin or other crypto, it is possible that you will make a lot of money in a short period of time, but this will be very hard for bank investment.

faithofb

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Bitcoin is more risk as its an online business with no physical owner and office whereas bank is a legal body that can be traced or sued incase the investment go negative. ....There is possibility of refund with bank which i believe will never happen with bitcoin

Layers318

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Everything comes with its own risk. To be in the best side to deal with risk, you must be well endowed in knowledge in that field of operation. You cannot invest in Bitcoin without knowing anything about Blockchain, th crypto market or Bitcoin. In situations like that, you only raise your risk of losing your investment as you can end up investing on scam platform.

AfterTheFork

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both of these have their own Risk levels, Investing in banks that a good number of your investments are prone to governmental influence and other influential persons, meaning that the investments are not given chance to independently grow, Investing in BTC on the other hand comes with its own risks and challenges, the market is so volatile and unpredictable that the value of the coins can dip anytime this is also due to the fact that the coin is noot controled, noen of thes are totally safe, but Bitcoin investment is high risk that comes with right rewards.

alvinmtp

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If you put your money in a bank it's going to be safe as long as the bank doesn't go under but you won't gain a lot. Just crypto is more risky if we do not understand in the world of crypto of risk, the cryptocurrency is definitely higher than the risk of bank investment, but in terms of rate of return, the cryptocurrency is definitely higher, depending on whether you dare to take risks. But they give you total guarantee your money is safe and the interest is guaranteed as well.

Pejoh Asu

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All types of investments certainly have a risk, although investing in banks is guaranteed by the government but this does not guarantee that it is safe and 100% profit, many factors are the consideration that I'm not interested in investing in banks and prefer bitcoin even more risky.

tanjimaarfin23

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I think bitcoin is much more risky, because you do not know what will happen to the market in the coming days. If we are talking about the national currency, then it will always be in demand, the only risk is that the bank will go bankrupt!

cahbagus555

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Quote from: East2011 on May 31, 2018, 09:08:01 AM

Ofcourse investing in bitcoin is more risky than investing in a bank. The movement of the price of bitcoin is so unpredictable and you can lose money in just a short period of time if you don't know what your doing.

If we compare between risk and reward on bitcoin investment, i think bitcoin is more profitable than others. As long we keep bitcoin as long term investment, I am believe bitcoin is good investment than others.
Bitcoin price unpredictable but if we are long term investor, we will ignore short term movement

thenameisjay

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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?

I think bitcoin investments are more risky compared to bank investments. Bitcoin investments are much more unpredictable compared to bank investments which gives off an estimation of the growth. However, bitcoin investments pay larger than bank investments.

tisoysoy

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Quote from: TheKeyLongThumbI on May 31, 2018, 08:24:54 PM

As of today bitcoin is still risky. Security is still a big issue. There is no refund if your funds get stolen in bitcoin but not in banks. But there's no profiting when you invest in banks and very safe investments means no profit at all.

It still has a profits mate but expect for a small return from bank Investing and about bitcoin Investment, for me Its a good Investment but more risk Involve, but If you just trust and Invest It, you will earn a expectacular profits by the time will come bitcoin arouse.

alfs75

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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?

definetly both of this is risky the banks and bitcoins,but if we talk about so much risk i thinks bitcoin is the winner,because its a digital form only or integral forms of currency that you cannot seen and its volatility,while in the banks you can seen and hold your fiat money,while in other hands if we talk about much more profit, no doubt bitcoin is the best rather than if we compare the benefits into the bank.

DoublerHunter

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It is more risky to invest in bitcoin, we need to accept it compare to investing in the banks because the banks are regulated and their investment options are regulated by the government so there is no expected volatility in their options and they are more stable and more suited to the people who have a low risk type of appetite.

TheKeyLongThumbI

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As of today bitcoin is still risky. Security is still a big issue. There is no refund if your funds get stolen in bitcoin but not in banks. But there's no profiting when you invest in banks and very safe investments means no profit at all.

Kuya Kim

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Quote from: East2011 on May 31, 2018, 09:08:01 AM

Ofcourse investing in bitcoin is more risky than investing in a bank. The movement of the price of bitcoin is so unpredictable and you can lose money in just a short period of time if you don't know what your doing.

Indeed, investing in Bitcoin or other cryptocurrencies is more risky than putting your money in the bank. Cryptocurrency is a virtual currency, you don't what is happening in your money.

alexsandria

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Quote from: kinzey on May 31, 2018, 06:39:26 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?

Banks are more conservative than bitcoin when it comes to high risk high reward part, means btc is more volatile but that doesnt mean that banks are safer. It simply means that in bitcoin, it's riskier in terms of it's movement, it can move 20% in a matter of minutes and fall in a few seconds, but i'd rather hold my btc than invest in a bank, unless i have a good amount of money, then i diversify my investments.

In my own opinion bitcoin investment is riskier than bank investment. Because banks offers service in a more conservative way than bitcoin does. The market fluactuations in bitcoin is so aggressive. It pumps and dump frequently.

SingAlong

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Bitcoin and bank investment are both risky but it has different way of being risky. Investing in bitcoin are very risky but if you have expertise and skills in investing in bitcoin you will earn a huge profit in just a short peeiod of time while bank investment are effortless but it takes time to earn profit on this.

dutchkay

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I believe that bitcoin is a more riskier investment than bank. Though your money in the bank does not grow or add value but you will be sure that it is safe and waiting for you to pick it up anytime you have need of it. Bitcoin on the other hand is volatile, your money can gain 50% or lose 50% at the same time. which is quite risky. you will also be guarding your private keys from hackers. too may things are involved with bitcoin.

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