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Topic: Which is more risky? Bitcoin or bank investment? - page 72. (Read 6019 times)

newbie
Activity: 75
Merit: 0
Investing in bitcoin is riskier because of the rise and fall of the value of bitcoin, and the fact that your account can be hacked by somebody and gets all the bitcoin you invested there nothing you can do about it. But in the other hand Bitcoin transparency, controlling your own money, and bigger profit makes it great over bank investment. Also, everything you invest is risky. For me it's just riskier in investing in bitcoin but it's more profitable.
full member
Activity: 323
Merit: 100
Both bitcoin and bank investment is risky in their own different reasons. Bitcoin is risky because we are not sure that the money we've been invest will have profit due to it's unstable status especially it's price. Aside from that the accounts that we use are vulnerable to hackers that makes bitcoin more risky. And when it comes to bank investment, I'm sure that it is also risky for some people especially for those first timers that doesn't any experience on investing in bank. Whenever you invest or keep your money on any branches of Bank the first thing that will came on your mind is how safe your money here in this bank so you should know first the capability of the bank that you gonna put on your money. There so much more risky when it come to money and all you need to do is to be wise, responsible and knowledgeable always.
sr. member
Activity: 612
Merit: 250
bank investment is risky than bitcoin in bank investment we cannot handle the trade in investment we just wait for profit yearly and we can face big loss which cannot cover even we must pay tax to government and bitcoin investment is less risky or maybe not risky because whenever in invest my my in bitcoin i always in profit and i didnot wait for profit yearly the loss in bitcoin always covered in bitcoin investment and we didnot pay any taxes to any government.
member
Activity: 252
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Yeah, bitcoin is much more risky than bank investments, but it's worth it, because bank investments will earn you nothing like bitcoin would. so i would say the risk is what it
Both are quiet risky. Investing has a big risk because in just one wrong move your money will be gone.
full member
Activity: 518
Merit: 100
Any investment is risky both bank and Bitcoin but i think bitcoin is more risky than any investment because there are some circumstances that you may lose your money if you don't choose the right project so before investing be sure to check first the project before you invest.
newbie
Activity: 98
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?
Invest in Bitcoin is alweys risk. So i invest in good ICO. One of them in my signature - Luckchemy.
But also I like Bitcoin, becous it's cryptocurrency of future!
member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
Yeah, right I totally agree with everything you say. Because I personally also prefer to invest in Bitcoin than investing in the Bank. Bitcoin is very risky but if we understand the investment strategy that is in Bitcoin, of course, we will get a huge profit.
newbie
Activity: 169
Merit: 0
All the work that we will do must have problems that we must face and also accept, because that is the result of our work.
So also in choosing this investment, we must be careful to see the market that we will use to invest, because all want to make a profit by investing.
However, I personally would choose an investment from Bitcoin to get a quick profit, because this Bitcoin investment we will not get a low or high interest cut, not as we know from the Bank, if we invest from any bank we will definitely get low or high interest cuts, which must be very difficult for us to get the benefits we expect.
jr. member
Activity: 221
Merit: 1
I think bitcoin has more risk because bitcoin is a bubble that can break at any time and we can lose all the assets we have. Bitcoin accounts are also vulnerable to hackers. If it has been hacked then bitcoin users themselves who bear the loss.
newbie
Activity: 133
Merit: 0
I think investing with bitcoin is more profitable if you mention the invesatsi in bitcoin and in the bank both have problems when viewed far backward investment with bitcoi quite profitable when done with a long time
actually investing bitcoin is more risky but more profitable.
with the existing blockchain security makes bitcoin also safe when we store it in the wallet. and when logged into the market we must be equipped with autenticator.
sr. member
Activity: 826
Merit: 256
The risk in bank investment is known to be lower if you compare it to bitcoin. Other than ordinary savings, banks also offers other investment like time deposit and UITF that give some higher interest rates. But the earnings in these bank investments are lower if you compared to bitcoin and other cryptocurrencies although the risk is higher and anytime your money would be gone in a matter of minute. Investing in bitcoin requires risk management and constant monitoring of the market. Risk has it own reward also because the higher the risk, the higher the gain.
newbie
Activity: 109
Merit: 0
as you said it is risky all difference when we invest in other than bitcoin we can not have control of our fund and we can not withdraw our money or take just what we need at any time
while in bitcoin it's up to us and we can sell it anytime and anytime
unless we invest / join the ICO

As for now when we talk about investment I think both are risky but in bitcoin we have a greater chance to earn money than investing in bank...I know all of us her wants our money be earn a higher interest thats why we invest but for me bitcoin is risky for investment  but in this investment we having a better source of extra income.....


newbie
Activity: 29
Merit: 0
Bitcoin investment is certainly riskier than bank investment.
The advantage of bitcoin investment is that you can triple or even quadruple your investment in 2-6 month or lose up to 50% of your money in the same time period.
sr. member
Activity: 504
Merit: 252
There is more risk in Bitcoin as compared to bank investment. Bank investments always come with insurances. So if ever the investment turns out a failure, you do not worry that much because your investment capital will be given back to you. Well, most of the time. With Bitcoin, there is nothing like that. If Bitcoin fails, you will receive nothing. But the promised growth as far as the pattern is concerned is way way bigger than bank investments.
member
Activity: 112
Merit: 13
 Individuals should not settle on money related choices in light of anything like Bloomberg or CNBC, or some other prevailing press outlet says, on the grounds that usually, their motivation will influence you to lose. both bank and bitcoin has their own risk, if you are planning to invest for a huge profit then crypto or alternatively, bitcoin is a perfect for you. if you want to settle on a small profit but gives you a high assurance of not losing your money you can go strate to the trusted bank on your country.
jr. member
Activity: 209
Merit: 3
I'm not sure because now there are some banks that when customers want to take large sums of money (say it will be used as business capital) but the process is complicated. Even in my country there are unscrupulous managers of a bank stealing money from a bank customer's account for his personal needs. And it seems the bank will not be entirely responsible if one day bankrupt. Both are at risk but I do not know which one is the greater the risk.
newbie
Activity: 129
Merit: 0
may both also have risks, but from larger banks at risk of bitcoin investments, as they may also be subject to fraudulent misinformation and obscurity associated with bicoin trades, only in the case of profits can be greater
full member
Activity: 581
Merit: 108
I will be bias on this and to be honest I prefer Bitcoin over bank investments because no fees will be charged whatsoever on your investment and interests received on btc can not be matched by they bank as their interests is limited and low but when the question of risk comes in I think both are equally risky & the only downfall btc over the bank... is its volatility, but despite this high risk= high returns.
member
Activity: 231
Merit: 10
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?
They are both risky. The only different is that bitcoin offers high interest rate for how many folds unlike banks they only offer very less amount. Bitcoin also has many features compare to the bank. We can big huge profit on bitcoin especially if we will play it on trading site and there are also campaigns that earn bitcoins. So all in all bitcoin has many characteristics that gives people big earnings.
full member
Activity: 336
Merit: 106
Both investments in banks and bitcoin are risky. Bank investments do not guarantee great returns, while the value of bitcoin is volatile. I suggest that you invest your money in other ways, such as purchasing life insurance. With that, they invest the money you give them (I think as low as 4000 php/month), and promises to return your money with a greater amount depending on how long you want to invest. In addition, you can also have hospital benefits, emergency funds, and in short, your life would be insured.
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