Btc & bank which comfortably for you???

[Bitcoin_people]

Between Bitcoin and Banks I feel most comfortable investing in Bitcoin. Nowadays I have seen many bank failures and there is fear of losing money. But in the present era Bitcoin is the only reliable currency in this virtual currency world where you can invest a lot of money and it is a risk free currency.

[Charles-Tim]

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

Since last two years to this time, the fiat we spend in my country has decreased more than 2 times. What I can buy with the certain amount of fiat in my country last two years, I need two or more of the amount to buy the same thing now. So I can not call bank investment profit. Or you should expatiate on it and be specific on the investment that you are talking about. If it is bank savings, I will be foolish to do it.

Bank and government fiat are just a means to use inflation to scam people. If you are not into business that requires fiat, no need of investing in it. Bitcoin is better and you will be in control of your money. But make research about it and not invest in bitcoin when the price has increased so significantly in a way that analysis will predict bullback for some period of time.

[therozaq]

Bank and government fiat are just a means to use inflation to scam people. If you are not into business that requires fiat, no need of investing in it. Bitcoin is better and you will be in control of your money. But make research about it and not invest in bitcoin when the price has increased so significantly in a way that analysis will predict bullback for some period of time.

Invest in bank is low profit, I don't think to invest in there.
Better invest in crypto, especially in bitcoin.
They said it's more risky, but also more profit.
Bitcoin and altcoin are the best investment now.
I have invested in bank and gold but no so profitable as crypto.
Crypto is the future investment.

[Sokani]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

Keeping your money in the bank is not an investment except you're a shareholder. Investment is starting a business, buying real estate and landed properties, buying and holding digital assets, acquiring precious metals etc.

Anyday, I'd choose Bitcoin investment over saving my money in the bank. The bank collects your money and gives you little or nothing. The money saved may not really have value over time because of high inflation rate, but Bitcoin on the other hand, is an edge against inflation.

[Hamza2424]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

Haha, nice very nice short-sighted view but it's cool.

On my end this is not the debate of today, from years of the evolution of Bitcoin people have given their thoughts on the Banks vs Crypto narrative, and most of the time people just because of centralization hate banks. Crypto vs Banks on the ground reality what was the purpose of the banks to provide the financial services to end users to make the trades more convenient for them and in the end they just ended up as Bussnies to make money Millions of Banks weren't enough to make system digital and provide the financial services efficiently in transparency standards.

At the same time, Bitcoin was an easy approach for the end user to make up their payment fully in their control, and with the evolution of DeFi haha, banks are no longer needed with DAO's and AMM's there is a more efficient convent and transparent system for the users to avail anay financial service they need.

[Uruhara]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

I only use the Bank to receive my salary from the company and after that I immediately withdraw it and use it for necessities and the rest for investment.

And if I have to choose about investment then the answer is I would prefer to invest in Bitcoin. Because if in the long run and I keep my money in the Bank then without us realising the value of money will continue to decline due to inflation.

And Inflation does not reduce the amount of money but its value is reduced. Even in countries that are experiencing high inflation many of them withdraw their money from the bank. and after that they buy or exchange their money for Gold and BTC. Correct me if I am wrong in the information presented.

[Z-tight]

But in the present era Bitcoin is the only reliable currency in this virtual currency world where you can invest a lot of money and it is a risk free currency.

I don't agree that BTC is risk free, some people buy BTC and store it in a custodial service, many times these services confiscate people's money or they get hacked and lose it. Take note that even BTC that is stored in your self custody is not 100% safe, you can make a mistake someday and an attacker would successfully compromise your device and steal your coins. BTC is safe if you know what you are doing and have great opsec, but it is not free of risks.

[0t3p0t]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

I still consider banks risky given the fact that it is affected by inflation. Bitcoin on the other hand is affected by manipulation but we all know that it won't last long. I feel using banks fiat comfortable when doing everyday life transactions. With Bitcoin, people were getting split by the aspects of Bitcoin being used as an investment or as a form of digital money which in fiat you can't. To be honest I got no bank accounts right now it's already been closed years ago but instead I have Bitcoin on me.

[MrSpasybo]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

Well, I don't consider money in the bank an investment, it should be considered a reserve with low risk and lower return than BTC. Most of my money is in the bank: I need to pay bills and have a reserve for emergencies.

BTC has been a better investment than gold and stocks over the past year and over the past decade. I invest in BTC for high profits. Sorry but I don't count BTC as a store of value, it's a financial instrument 😅

Therefore: to me, bank is more suitable for reserve needs, BTC is more suitable for investment needs ^^

[Sim_card]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

The scalability and censorship resistance of bitcoin will make me choose bitcoin over banks, because bitcoin is the opposite of fiat. Banks will use your money for business by loaning it out and they will make huge profit but at the end, they will give your very little profit from what they made. When you keep your money in the bank, you might be given conditions on the amount of transactions that you can make. Bitcoin is now mostly used as an investment because of the good profit that it generates over time. Nobody can know if you have bitcoin or not. The risk of being your own bank is limited, when you use a cold storage wallet to save your bitcoin.

[Rubel007]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

In the banking system, a person cannot do any transaction on a bank day. The amount of money that the bank will earn will be lost due to inflation. The bank will act as a third party in the transaction due to which it will have to keep a commission.

Bitcoin on the other hand is a highly volatile currency making it a very risky investment. Anyone can transact his bitcoin any day he wants. Investing in Bitcoin is long-term and has the potential to make huge profits. I will definitely choose Bitcoin because it can help me reach my destination. Which is not possible by conventional bank.

[TopT3ns]

The scalability and censorship resistance of bitcoin will make me choose bitcoin over banks, because bitcoin is the opposite of fiat. Banks will use your money for business by loaning it out and they will make huge profit but at the end, they will give your very little profit from what they made. When you keep your money in the bank, you might be given conditions on the amount of transactions that you can make. Bitcoin is now mostly used as an investment because of the good profit that it generates over time. Nobody can know if you have bitcoin or not. The risk of being your own bank is limited, when you use a cold storage wallet to save your bitcoin.

The rise and fall in the price of Bitcoin which occurred due to bad news before the ETF was received was a very good moment to buy Bitcoin at a cheap price but it seems like it was arranged by the world currency authorities who tried to make the price collapse briefly to buy at a cheap price. and after that the price was increased again so that they quickly made a profit.

[Fivestar4everMVP]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

I think you should replace the "low profit" in there to "Loss", or to be more mild on the banks, say "possible loss", because with the way fiat currencies are losing their value and purchasing power, I do not see how any body can make any profit from investing in a bank, which is, leaving their money in their bank account account to yield interest for them.

Lets say for instance, a bag of price is being sold for $40 in January, and you kept like $500 in the bank which you hope to withdraw by December, when December finally comes, you discover that your $500 is now $550, you take it and go to the market, only to discover that the bag of rice that was sold for $40 in January is now being sold for $100 by December same year, and this is how other things in the market have added prices too, at the end, you discover that you made no single profit from that money you kept in the bank, but only losses.

I would personally say that it is only unwise people that are leaving their money on the bank for interest.

[Primo1760]

My little thinking is

For bank investment:
Risk free
Low profit
Get profit for a certain period of time

For bitcoin investment:
Risky
More profit
Anytime you are rich

What is your opinion about it?

Keeping money in the bank is very risky in my country at present because banks from my country are going bankrupt all the time. People from my country don't like banking system anymore, people keep money in their house and those who are involved in cryptocurrencies invest in bitcoin or altcoin, so bank in my country is not risk free but more risky than bitcoin.

I never trust banks and keep money in bank but I invest money in ethereum between bitcoin and altcoin. I am investing in cryptocurrency instead of keeping money in bank but investing Bitcoin in cryptocurrency seems more risk free to me than bank and I expect to get huge returns from here anytime which I can never do in bank.

[NikeFit_7777]

Bitcoin, of course. Below are some examples of why I think so:

- Anonymity;
- Ease of use;
- Great profitability;
- No fear of anything happening to it;
- Faith in the future;

Opinion about banks:

- No security guarantees;
- Constantly unstable %;
- Realization that funds on the card = not my funds, but the bank's.

P.S. My opinion on this, if you think otherwise, your perfectly entitled. We're all different and that's perfectly normal.