Invest in Bitcoin or Bank?

[Alcor]

We must always remember that cryptocurrency is very unpredictable in its price movements and that activity in it is very risky. It can make a good profit, but we can also lose our money. Therefore, we should not invest all our funds in cryptocurrency. It is sometimes said here - invest the amount that you can afford to lose. I don’t think we can easily afford to lose any significant amounts. Therefore, our funds should be in ordinary currency and some of them may well be in banks. It will be the right part of the profits from the activities in the cryptocurrency to deposit in the bank.

[alltalk]

~snip~ we should not invest all our funds in cryptocurrency. It is sometimes said here - invest the amount that you can afford to lose. ~snip~

I agree with your opinion. Never put all funds on crypto investment, it will be too risky. The best decision is to have both investments in real life and cryptocurrency. I apply it as well, I have Bitcoin and some altcoins as digital investments while having investments in banks or properties in real life.

[May]

For investment options, I prefer crypto.If I choose a bank as an investment, I feel loss. Because investing in banks is very slow to develop.

[Mikam]

Being able to invest in bitcoin is a matter of pride because the funds invested in bitcoin will soon experience growth.
When investing in a bank it will be long to experience growth.

[Zurcemozz]

Investing on bitcoin is risky because the value of it is not consistent, it changes time to time but if its value increase, then it is a worthy one, but if the value goes down, then its a bad one.
investing in bank is the safe one, but it will takes time until it build up a profit.

[@iSong]

If talking about which investment is the most profitable between bitcoin or bank, then I will choose bitcoin. Bitcoin is a very good new investment and the potential to get big profits is very possible, but bitcoin fluctuates and the risks are big which is a dilemma for many people.

[abdmuiz]

if you put your money in Bitcoin it means you are investing in a crypto asset whereas if you put it in the bank that means you save this is very different

[cybersoft]

Bitcoin investment is much more lucrative than the Bank investment. Bitcoin investment is a great opportunity for us to increase our wealth and assets as the fluctuations in price can increase BTC to more than 100%.

True. The bitcoin invest is more profitable compared to saving money in the bank. It's always better to put your money in bitcoin (if you know what you are doing) than just leaving money in the bank. When you put your money in bitcoin you have the total control of your money, freedom about what do with your money and the chance of getting more value when the market gets better.

[Tiana1]

Investing in bitcoin is the best thing one can ever do than investing in banks. The profit that would be made from investing in bitcoin alone cannot be compared to banks. The banks here, leaving money In a savings account till the end of the month is a loss, your balance instead of increasing will keep reducing.

[sukanyadee]

Invest in bitcoin but the risk is higher than banks obviously
but more the risk..greater is the profit

[LisaM023]

BTC definitely, it could be risky but may be really profitable in time. What's more I like crypto because of the background, technology etc. Also, investing in Bitcoin is much easier and I think this is a decisive factor for many people, there is a lot of exchanges or websites like BuyCoinNow where you can buy BTC easily by credit cards of bank transfer.

[hemendrasingh]

Bitcoin has the strongest brand name in crypto whether it “has a strong use case” or not. Maybe it gets dethroned at some point, but maybe not. It is thought of as the “store of digital gold” and most businesses and investors are building their strategies and protocols around bitcoin being the coin they are trying to acquire the most.

Think about the crypto landscape for a moment… as this year (2019) has been ecosystem building, more and more institutions and investors are primed to enter the market FINALLY educated enough to feel more confident in investing within the space. They come to understand what all these coins are, what they mean and they want some sort of “solid framework” to not only educate the newcomers but have solid strategies in place. So if bitcoin was bouncing around and alternating position power, it would make things MUCH more difficult to understand or to maneuver safely around the crypto space.

Many companies will accept bitcoin first and other alts as a secondary option. Bitcoin, being the first crypto, also has a solid team of fanatics constantly looking to improve the coins tech so it can actually scale up and not cost so much to send.

There’s also only 21M that will ever be minted so while adoption takes place, the scarcity becomes more valuable thus the coin will keep climbing. The good news is also that all cryptos WOULD NOT BE AROUND if it were not for bitcoin and out of respect for this, it will “not disappear from the market” unlike most cryptos currently on the market. Those with the strongest brand name, use case and adoption rate will be around in a few years, bitcoin being one of them.

Look at Amazon or Netflix stocks when they first entered the market and were “speculative” and look at where they are now… Buying just a 100 shares of each would net you tens of thousands of dollars each

[Putih]

Bitcoin is indeed fluctuating but it also becomes a possibility to get big results, for big results I have to take risks and therefore I prefer bitcoin investments rather than banks.

[aksay79]

bitcoin investment or bank, both are very related as an investment that must be done to every crypto trader, banks have minimal risk while bitcoin has a high risk, only people who have the courage and confidence in bitcoin investment so high risk is not a problem, I personally prefer investment bitcoin than in a bank because bitcoin is the future

[ayatoslaw]

banks are not good for investment,
banks are only good for helping to send money, but when there is a cryptocurrency, I don't think banks are needed anymore, because there is already a cryptocurrency that is more cost-effective and fast.