Which is more risky? Bitcoin or bank investment? - page 9.

NeilLostBitCoin

sr. member

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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?

You cannot compare bitcoin on banking in terms of risk, why? bitcoin is far more riskier than bank , where in fact bank is the safest place for money . The rule in investment is the higher the risk, the higher the return , so the reason why bank has the lowest interest rate , out of all investment is because it is also the least risky of all types of investment , while bitcoin might fluctuates in no time but it can generate a high profit because of the risk that it has. So bitcoin is riskier than bank .

bitllionaire

legendary

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Quote from: jaaeeeyyyy on June 23, 2018, 06:10:44 AM

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?

When it comes to the amount of posing risks, there is no doubt that bitcoin investment is the one with the most amount of risks. It even seems like the industry thrives in the amount of risks and it would die without it. On the other hand, there is risk in bank investment but it is considerably lower than bitcoin. And the presence of transparency makes it even more secure of being a storage of your wealth rather than an investment.

I think there isn't any comparison between bitcoin and banking system, specially in current time when most of the people are using bitcoin bitcoin for investment purpose only. I think that bitcoin can be consider as more risky, because there is always risk involve in every kind of investment and trading. While investment in banks can be consider as more safe because they only give you interest on your money while your money remain safe.

anamie

full member

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Investing in bitcoin is much more risky than investing in bank, bitcoin is very volatile and easy to manipulate by media, even though bitcoin can generate big profits than banks it is still risky and dangerous specially to those newbie in this kind of currency.

excessbit

newbie

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There's nothing as good as you being in charge of your hard-earned money (fiat or crypto). Imagine that someone will sit in the comfort of their closet watching you do all the hard work to earn money and at the end give it to them to invest in something you practically know nothing about. An investment which you are going to get peanut from all in the name of banking. To me, this is complete bullshit. For me, it's crypto all the way! Work hard, earn big and keep your earnings! Only crypto can allow you do this. Crypto is the future!

kukurikapu

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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?

Investing in bitcoin much mlre risky than investing in banks. Bitcoin can give us much more earnings but banks are well developed and maintained. So i think it is safer to invest in banks.

uninici

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Situation of banks is also not good in some countries, they are being supported with government money. People are using crypto for money transfer and banks are loosing business.

beliomir

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I have not seen a bank that offers 100% a scam, bitcoin can give a lot but a very risky asset, imagine if you bought bitcoin in January, then you would have consumed 60% of your investment

chadrs

newbie

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Bitcoin is more risky.. It is not well protected .. If you are going to invest always think twice..

nguyenhoven

jr. member

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Quote from: rakibpintu on June 23, 2018, 06:03:03 AM

to other countries I don't know about them that bank investment gets too shortly amount but bitcoin can be rich. and Bank investment monthly get some profit to us but bitcoin more benefit to us as well

with bitcoin investments, you hold your own money. If you're using bank to invest, only one getting the profits is the bank, not the person who is using his own money there

code

sr. member

Activity: 536

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what you call looks like a casino. any chance you can turn down the service? It seems to me it is obviously unprofitable, and is intended for not very competent citizens. If you want to earn - cryptocurrency is a good tool

samcun

jr. member

Activity: 266

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the more risky is bitcoin but it all depends on each of us. You will not know what happens to your bitcoin investment because there is no clarity about how many percent of your investment is, whereas in your bank you already know how much the investment return in a year (already set) by the bank.

Antonina

jr. member

Activity: 280

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Yes, bitkoyn is much more risky than banking investments, but it's worth it, because banking investments will not bring you anything like bitkoyn. so I would say that risk is what you need

equal2detask123

newbie

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when it comes to money or a large capital for investment bitcoin or bank investment its all risky anything that money involve and also every investment are risky any kind of investment is that

Lorna111

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Quote from: aryaadikariyansyahsuwarto on May 26, 2018, 11:04:17 PM

I prefer investing in bitcoin, more clear and transparent .. than in banks I really do not like the bank system ..

In every investment have same degree of risk factors involved, although, Banking investment is different kind of investment, they just make a suggestion which investment, 100% risk, 75% risk etc.etc. then come the processing fees, charges, and the transparency issue is a bit unclear, simply because you would not now what happened to your investment during the day, they send only updates but you can not do anything if the said investment is fixed for certain period of time. Not like in Bitcoin investment 24/7 you are updated of the actual occurrence in the trading market.

jaaeeeyyyy

full member

Activity: 434

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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?

When it comes to the amount of posing risks, there is no doubt that bitcoin investment is the one with the most amount of risks. It even seems like the industry thrives in the amount of risks and it would die without it. On the other hand, there is risk in bank investment but it is considerably lower than bitcoin. And the presence of transparency makes it even more secure of being a storage of your wealth rather than an investment.

DennisFx

newbie

Activity: 51

Merit: 0

What is a bank that offers so big gain 100% wow? In your situation, it seems like a cheating and because more preferred to invest in bitcoin. There is at least you have control your money

rakibpintu

newbie

Activity: 59

Merit: 0

to other countries I don't know about them that bank investment gets too shortly amount but bitcoin can be rich. and Bank investment monthly get some profit to us but bitcoin more benefit to us as well

HukoJla

newbie

Activity: 252

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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.

keziakusayang

full member

Activity: 434

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true, and also the level of investment risk on bitcoin in proportion to the profit we will get is different from the investment in the small risk level bank as well as the profits.

tylox

newbie

Activity: 30

Merit: 0

Bitcoin investments definitely more risky than bank investments. But for more risk you get higher gains back.

Topic: Which is more risky? Bitcoin or bank investment? - page 9. (Read 6039 times)