Topic: Which is more risky? Bitcoin or bank investment? - page 78. (Read 6019 times)
Bitcoin is more risky than bank investment simply because banks have money traces, insurance, evidence of so many things bitcoin does not have.
bitcoin and in banking are also known to be prone to fraud.In bitcoin,it would be risky if you invest a huge amount of it while in banking,you have to be worried about fraud which is we all knew that it had a great impact on mobile banking.Let us just be careful on where to invest whether its on bitcoin or in banking system.
They are both prone by scammers.The only difference was that we can manage and control our own bitcoin investment with our own wallet and no other third party involved.We should only have to monitor our wallet against any scammers.In the bank if we do not reach the bank minimum deposit they will deduct it from our money deposit fees until our money disappear.
As we all know that bank investment is not as profitable as bitcoin and it is a slow process indeed to invest in banking policies.Bank accounts are more risky than bitcoin because we can keep secret our identity if we want and also bitcoin is decentralized and even though its price will decrease we can't lose any bitcoin.
I think more risk in bitcoin. we do not know what and how the continuation of bitcoin in the future. bitcoin regulation is very difficult to understand. different from the investment in the bank. but all also have risks. sometimes we can choose with high risk but we get big advantage.
We don't have that kind of operation running in the banks of my country. The deals you can have is fixed deposits and most times people go for treasury bills which in both has little or no risk involved! Bitcoin has empowered individuals to take charge of their investments themselves and you take the risk individually too. The gains are all yours to take if it pulls through successful and vice versa if you lose.
I think bitcoin, because we have full control over our assets. we just need to be wary of what threatens it. the risk certainly exists and why we keep choosing bitcoin
We can say that bitcoin is a very risky at these moment but if we do have a lot of ideas and knowledge about this. in the end we will gain a lot of more profit rather than bank investments because like other say bank investments needs a lot of time like a lot of effort and a very hard decision making before you do things like this
Unfortunately, both investments are risky. Investing is always risky because you are placing your money somewhere out of your reach. It may take time before you can get that money back. Bitcoin is a good investment for the future because we can see that Cryptocurrency is spreading fast around the world and creates a good news for the leading Cryptocurrency called Bitcoin. Bank investments are also good because you can save your money here and as time goes by, it grows little by little.
Bitcoin and bank investment same effect if you talk about investment policy very high risk. But in Bitcoin you have higher possibility to grow or to earn money while in bank you just get a percentage per year.
I think bank is the most risky because nowadays is many bank close. While bitcoin is prove themself in many years, athrough the price is not stable but still raise. And in terms of profits, your can earn much than banks.
Yes bank closes so you should look for a establish one and the fact that banks had prove more than bitcoin. Yet in terms of interest, bitcoin have the higher growth thus more risky. But this feature what makes bitcoin more lucrative than banks so people still choose risk over none. And of course the trust that bitcoin builds through out these years.
Bitcoin and bank investment same effect if you talk about investment policy very high risk. But in Bitcoin you have higher possibility to grow or to earn money while in bank you just get a percentage per year.
I think bank is the most risky because nowadays is many bank close. While bitcoin is prove themself in many years, athrough the price is not stable but still raise. And in terms of profits, your can earn much than banks.
Bitcoin and bank investment same effect if you talk about investment policy very high risk. But in Bitcoin you have higher possibility to grow or to earn money while in bank you just get a percentage per year.
For me... it is more risky in bitcoin because in bitcoin you cannot really see how your money is moving and also you cannot know the status of your money while in bank, you can personally ask for your money and also ask about anything in lined with your invested money.
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?
What do you guys think?
That's the thing you don't want in an investment, volatility. It's pretty scary to think that one day your money is high as a kite and then the next is as low as the Mariana Trench. Don't depend fully on bitcoins but invest money on it that you're prepared to lose. Stick to stocks and smalls on bitcoins.
Of course, bitcoins are more risky investments than banking. But these risks are justified, since bringing a good income.
I think the most high risk is bitcoin because bitcoin is the digital currency, when the digital world no longer exists the bitcoin will also disappear and bitcoin will also be destroyed, I think it's a very horrible bitcoin risk.
For me, more riskier investment today is bitcoin, cause we all know that bitcoin is unpredictable, but bitcoin is a high risk but high in return, while investments in banks is less risky, but low in return.
Yes, there are risks in all investments, but it depends on your perspective. If your strategy is to make profits in a day, then you have much more risk than if you want to invest and hold for the future, because Bitcoin is an unstoppable juggernaut that will challenge gold in the long term as a store of wealth.
Yes, there are risks in all investments, but it depends on your perspective. If your strategy is to make profits in a day, then you have much more risk than if you want to invest and hold for the future, because Bitcoin is an unstoppable juggernaut that will challenge gold in the long term as a store of wealth.
I wouldn't want investors to put 100 percent of their money into bitcoin, because I actually think it's still early, for some reason that The government’s position on bitcoin is not clear, Lack of adoption is a risk and More currencies in the market means more competition and The banks themselves are also at risk of violation of cybersecurity and Liquidity risks are always present in the banking sector. I will radar advice you to invest in bitcoin because No Paperwork, Quick and Cheap Transactions.
Bitcoin is more risky to bank investment
Bicoin is not regulated by any legal body, bank does
Bitcoin is not taxed, banks are taxed by government so they are traceable
bitcoin does not have physical presence, bank does everywhere
Bicoin is not regulated by any legal body, bank does
Bitcoin is not taxed, banks are taxed by government so they are traceable
bitcoin does not have physical presence, bank does everywhere
If the risk ratio of bitcoin investment is more risky than others, including bank investment, even bank investment is safe because in my country it is fully guaranteed the country, but despite the risk I will invest bitcoin because the profit opportunity is also very high.
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