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Topic: Which is more risky? Bitcoin or bank investment? - page 79. (Read 6033 times)

newbie
Activity: 113
Merit: 0
I think bitcoin i or bank investment both are risky. because it is very volatile and has a higher percentage of return on investment if you hit it rightly. but bitcoin gives more profit. Again there is some risk of the bank but it is much lower and it gives very little profit.
newbie
Activity: 224
Merit: 0
I think bitcoin is more risky than investing in a bank. We have full control when investing in bitcoin, meaning our own success and failure to bear it. Unlike the case with the bank as a third party and an intermediary who would also participate will be responsible with all the things that happen.
newbie
Activity: 14
Merit: 0
Bitcoin is not risky if you are a long term investor. Wink Wink Wink Wink
jr. member
Activity: 140
Merit: 2
REMIIT.IO
The risks are higher in bitcoins but it is well worth it. Bank deposits may be insured in some countries but the interest rates are laughable. Your money in banks are for safekeeping only. Investing in bitcoins, if done correctly, can make you a substantial recurring income.
newbie
Activity: 91
Merit: 0
Bitcoin is indeed risky. But bank investments are risky too. we all know that investing in a bitcoin is more risky than depositing money into a bank. because its in digital form and hackers are very active about learning how to hacked accounts and hardware wallets. . But investing in the world of crypto offers many advantages.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
it looks like both are at risk but the most high-risk bitcoin seems to be because the bitcoin price was priced at only $ 10 and imagine if bitcoin suddenly drops to that price again and again becomes worthless.
newbie
Activity: 11
Merit: 0
You should research but truth is bitcoin is more risky compared to your bank. But you can only gain if you take risks...
newbie
Activity: 153
Merit: 0
In fact, 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.
Its really correct because in bitcoin no one control it or no one manage it base on the market while in bank there is a personnel that manage the bank.So that i can say in bitcoin there is more risk than investing in bank.But you can earn more and get more profit in bitcoin.
jr. member
Activity: 173
Merit: 7
Bitcoin is more risky than banks because there is no third party that backed it like any insurance company. If you lose your bitcoin by trading or being hacked there is no one to refund your money. But the good thing  about bitcoin is you can even double or triple your money in a short time unlike banks that is 1% interest per annum and subjected for a witholding tax for 12%, that is really funny.
full member
Activity: 644
Merit: 100
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?

Well, you right about that, but the way I see this thing is both bank investments and bitcoin are risky. As far as money is involve in the transaction it is risky. As you said, if you have a large amount money in your bank account, the bankwill offer you an investment, and they will control your money its has a big chance of scam because you did not know where fsr can your money used in that investment or they will really pay you back. While in bitcoin it is risky because some scammers can manipulate you to invest to their project especially if the price of the bitcoin can hook you because of its high price. So, be careful to all of your decision or maybe you can invest in the amount of money that you can not be regret to put on investment.
newbie
Activity: 109
Merit: 0
The rate of risk in bitcoin  is very high
hero member
Activity: 2520
Merit: 952
Actually none imho, I am pretty sure Bitcoin is going to increase a lot because there is so less supply and great community behind it on the other hand banks give low returns + banks are here for hundreds of years.

Go for Bitcoin as an investment or for promising alt coins to increase your Bitcoin holdings.
newbie
Activity: 12
Merit: 0
I prefer investing in bitcoin, more clear and transparent .. than in banks I really do not like the bank system ..
  for me more risky is bank investment than bitcoin.
jr. member
Activity: 175
Merit: 1
W12 – Blockchain protocol
Investment banking is a really less risky than investing in bitcoin. In Bank investments from you, in principle, do not need anything, and there are almost no risks, but also profits as well. And with bitcoin, on the contrary, the risks are large, the profit is greater.
full member
Activity: 518
Merit: 101
Obviously, bitcoin or cryptocurrencies are more risky than keeping your money in the banks. But the point is, bitcoin and crypto investment can give you a profit in which banks can not. So if you're looking for a good profit while taking the risk, bitcoin and crypto is the place to put your money in.
member
Activity: 80
Merit: 10
Its risky in Bitcoin because there are more sites that just a scam that will offer you a higher value of money that may caught your interest but still there are some sites, forum, and campaigns that are authentic. In some point in Bank investment you can have a research for that before you undergo with their company that also makes you aware what is happening.
newbie
Activity: 86
Merit: 0
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
I agree to you because in Bitcoin no one manage or no one control it.Once you invest you can get a good profit but you don't have he assurance that it will last longer.Vice versa to the bank it has someone who manage and you have assurance that it will stay forever.
full member
Activity: 359
Merit: 100
Reinventing Decentralised Finance on BSC
I think both are risky. The risk of bank investment is when that bank declares bankruptcy. In that case, people who have money in that bank doesn't have an assurance that they can get all their money because it depends on how much available cash they have after settling all of its obligations. The risk of Bitcoin is when the government banned all the transactions involving Bitcoin. With that, we can never convert our Bitcoin into fiat. When it comes to controlling your own money, bank investment is riskier. Because we do not have control in our money in the bank. Bank does have the control.
newbie
Activity: 168
Merit: 0
Clearly bitcoin is more risky. But bigger the risk, bigger the reward. Smaller the risk, smaller the reward. So ak yourself are you a risk lover or not
newbie
Activity: 224
Merit: 0
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