Which is more risky? Bitcoin or bank investment? - page 70.

kinzey

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Quote from: mikki14 on May 26, 2018, 08:59:57 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.

De Suga09

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Quote from: mikki14 on May 26, 2018, 08:59:57 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?

Yes I agree that both bank and bitcoin are risky investment but both have different gains and loses. Interma of bank, they will charge you extra for investing with them as well as transaction and hidden charges. In bitcoin, you have control on your own, you wait for it to grow and you can have a profit. Also there are more opportunities in bitcoin.

djmixen

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Well, its not risky to invest on both, as long as you know how to invest and know your limitation you can earn more profit on them, but for me much easier to invest on bitcoin than investing on the bank, aside from bitcoin is easy to update how much your money earn profit, you can also withdraw or sell it anytime you want.

fritzbird

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Both harbours calcuable and expected risks which eventually will affect how
these types of investments play out. Banks are more precise and are very
sepculative and careful on the terms but are less riskier compared to Bitcoins
in my opinion. I think it’s rather more risky with Bitcoins since volatility is
always at play, it’s prices are unpredicatbly stimulating of course when it tends
to pump up at any given time.

genuin

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I give this message to all netizen replies. I think all actions related to it are at risk. the level of risk is also different. but behind the risk is also there as a result such as successful or not. in this case bitcoin is one of them, I say that the bank also has a risk. I think compared to both of these bitcoins have much lower security than banks, but if we look in terms of privacy then bitcoin is superior to the bank. Before the bank stands also we hard to believe in the bank, but over time, people can trust the bank. Such a concept that I think happens to bitcoin. I do not drop any of the two options, I leave it all back to you. Your decisions will determine the impending consequences Cheesy

Qeupe

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Both are risky in terms of investment, because the investment is indeed a lot of risk that needs to be passed in order for you to get a profit. But I'm sure bitcoin is more risky than a bank because we will not know bitcoin for the future its another thing with the bank, they are more clear.

Washball

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Maybe a bank investment is safer and investing in bitcoin could be riskier. But interest rates from the banks are close to nothing. With bitcoin however, big profits can be made. You just have to act smart and use the volatility.

Underlord

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Bitcoin is at the center of risk if you do not know how to use it properly. Therefore do research first if you want to invest in bitcoin to minimize the risk that you will.

Stormyblue

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Quote from: mikki14 on May 26, 2018, 08:59:57 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?

Bank investments and crypto investments are equally risky. However, there a particular form of Bank investment known as 'investment in the money market', but this form of investment has very low interest rates. In fact the highest could be 12% per annum. The bank investment with relatively higher rated are investments in the stock market as than by stock Brokers. But this form of investment has equal forms of risk like investment in crypto currencies

zhelis74

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Quote from: bling-bling on May 31, 2018, 06:25:54 PM

About risk, it is riskier to invest in Bitcoin than it is in banks. Actually, if we think about it, it is almost risk free when we invest in banks. But when it comes to ROI, we definitely earn much more with Bitcoin or with other cryptocurrencies compared to banks. Banks only give a very very small interest on our investments. Which is why they are the ones who are getting rich, not the investors. Unlike with crypto, it's usually the other way around.

Talking about risk on crypto and bank investment is basically have different weight and with different gain, being decentralized system the crypto investment is prone in risk but basically always give higher opportunity in gaining profit compared to bank. Bank is more secure because it have a central control but only offer less percentage with fixed amount profit gain.

Jake Virus

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Quote from: xamxam on May 31, 2018, 09:12:55 AM

For me, its better to invest in bitcoin than investing on the bank related because in bitcoin, if you want to sell it anytime you want you will do it then. And for me investing on the bank is more risky than bitcoin.

There is no doubt that investing in bitcoin is more risky over than investing in banks and for me investing in bitcoin is more risky because our money can dump or can be low when the value of bitcoin will decreases on the market. But we can be more profitable if we will put our money with bitcoin.

bling-bling

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About risk, it is riskier to invest in Bitcoin than it is in banks. Actually, if we think about it, it is almost risk free when we invest in banks. But when it comes to ROI, we definitely earn much more with Bitcoin or with other cryptocurrencies compared to banks. Banks only give a very very small interest on our investments. Which is why they are the ones who are getting rich, not the investors. Unlike with crypto, it's usually the other way around.

wasaisi

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Both are very risky but I bet that bitcoin is more risky in bank appeals. Because as we know that bitcoin no one can predict the price for the future.

Mezze

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Quote from: yazher on May 31, 2018, 10:08:57 AM

For me is bank investment is more risky because you are not holding your fund unlike bitcoin you're keeping it on some kind of hardware wallet like ledger. while bank doesn't even tell if their company is about to bankrupt so you can't really tell it is a safe investment than bitcoin.

Your money is quite secure while it's in a bank.
Even if they rob a bank your money is secured by some insurance company.
The only problem is that you can get 5-10%/year max return if you give your money to the bank for a fixed period of time like 10ears or so.
In crypto you can potentially make 1000% but the risk is much higher.

xandiel01

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I think it depends on the interpretation of individual because bitcoin as we can see now there are many countries now who accept bitcoin and it is good idea to make it as investors' choice compare on investing on the bank that you don't know when you get your money and if that was successful too.

yazher

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For me is bank investment is more risky because you are not holding your fund unlike bitcoin you're keeping it on some kind of hardware wallet like ledger. while bank doesn't even tell if their company is about to bankrupt so you can't really tell it is a safe investment than bitcoin.

East2011

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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.

gabmen

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Quote from: markleal on May 31, 2018, 09:53:00 AM

Quote from: mikki14 on May 26, 2018, 08:59:57 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?

Hi there mikki14! First and foremost is it really a bank you are referring? That is ridiculous, I have never seen a bank something like that. Another thing is, why do they need to monitor your money. I think they are invading your privacy. Even though you have account in them, there is what they called bank secrecy code. They are not authorized to simply browse each account and check its balance and offer the investment to those who can afford it. Additionally, I think that is not a true bank at all. No bank could risk your money in full 100%.

Right. And it shouldn't even be a question of which is more risky. Your assets in banks are pretty much stagnant but backed by laws, of course it's a whole lot safer there than in bitcoin. If you're after security then putting your money in a bank is.your top option.

markleal

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Quote from: mikki14 on May 26, 2018, 08:59:57 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?

Hi there mikki14! First and foremost is it really a bank you are referring? That is ridiculous, I have never seen a bank something like that. Another thing is, why do they need to monitor your money. I think they are invading your privacy. Even though you have account in them, there is what they called bank secrecy code. They are not authorized to simply browse each account and check its balance and offer the investment to those who can afford it. Additionally, I think that is not a true bank at all. No bank could risk your money in full 100%.

Elmughni

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Quote from: mikki14 on May 26, 2018, 08:59:57 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?

Of course bitcoin is more risky , but bitcoin is more profitable. I believe it, because I have got alot from bitcoin.

Topic: Which is more risky? Bitcoin or bank investment? - page 70. (Read 6019 times)