Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: whandut93 on October 26, 2018, 11:56:13 AM
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
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I will choose bank over crypto but that doesn't mean I don't invest in cryptplo. In banks, my money is much safer and secure but more susceptible to theft in crypto. In crypto too, the profit is not fixed, it can be high now and run very low within the shortest possible time.
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In my opinion, id rather to choose banking than cryptocurrency to put my money. It has more security purposes than cyberspace scams.
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if I prefer to store in an atm that is vulnerable to theft in the real world rather than the virtual world because in the real world there are laws that clearly regulate it and can easily find thieves with the help of the police and can be criminalized compared to cyberspace is very difficult to track it
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if I prefer criptococurrancy rather than banking because both have the risk of fraud and theft. if we save criptococurrancy over time, our money has value in the future and when compared to the bank there is no value
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If I think the Bank is safer to save Money than Bitcoin, indeed if we save money in the Bank our money will not be able to increase. And if we save money in Bitcoin our money can increase if the price of Bitcoin increases, but in my opinion saving money in Bitcoin is very high risk.
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If I were to choose between the cryptocurrency and banks in saving money, I would choose bank saving, not that I dont like cryptocurrency, but because in the real world, banks can be safer than crypto because there are clear regulations with regards to safety and insurance. If there are some irregularities or even thieves, the government is there to help us track the criminals down. But in crypto world, our identity is kept secret and no regulations at all, just our own risks and ways to keep our money safe from hackers and scams.
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I prefer to save money both in banking and criptococurrancy because they have the same risk of theft and fraud.
I save in cryptococurrancy for the future and in banking for unexpected daily needs
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
I will only invest a small portion for both, because both have risks that are not much different, I prefer to invest in properties such as Houses and Land, because the prices of both will continue to increase every year.
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I'll still choose bank to save my money, if by chance they might encounter a problen i can still have assurance that i can have my money back. in crypto once you forgot your Private key that's the end of the line for your savings.But if you can do both saving in bank and crypto it would be great. just like the sayings "You can't put all your eggs in one basket".
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to choose whether to invest in bank or crypto is still really depends on the needs because if we want to safe keep our money for so long i think bank is better but if we want to invest just to earn big amount of profit i think crypto is the right investment that we should invest our money although it's very risky but im sure it will guarantee.
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I think to save money is in the bank, because if I save it in the form of Crypto, I think it's too risky because the price is always changing. besides, the bank is more responsible if something happens. Both have advantages and disadvantages. So I like Crypto because the main goal is to make money, and I like BlockChain Technology
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Of course, I would choose a bank because with the banks all your funds will be protected and, of course, you only need to choose the best banks, exactly the bank where I have opened an account, there I would have kept the funds than in cryptocurrency.
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It is hardly worth choosing between one bank and one cryptocurrency. It is necessary to use both banks and cryptocurrency. In a cryptocurrency, it is still good to make money, and in part they should be kept in a bank. While there is no legalization of cryptocurrency by the state, this activity, as well as the storage of cryptocurrency in the wallet, are very risky. Banks have been around for a long time and their security system has been debugged and is constantly being improved. This is not yet in cryptocurrency.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
I think cryptocurrecy is still young as we need to polish some regulations to protect the users. In real world, banks has protection to their investors due to have insurance policy while crypto has none and too volatile. I will use both for now.
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Banks are unconditionally the only ones if you want to trust that your money is secure. I do not mean that it means secure when you leave your money at the banks, but it is more secure than crypto right now.
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I think I'll choose crypto currency. There is a high chance of gaining much more than you invested in crypto currencies while your interest might be low in the bank. Plus bank rates can be annoying sometimes.
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In terms of securing our money I prefer bank because our investment or money are highly protected by them
But in terms of the income in investing I prefer crypto although sometimes the coins we bought get dump I know that in the future we can benefit on it
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If I have to choose between cryptocurrency and the bank to save money, I think I will choose a bank, because that does not mean I don't like cryptocurrency, but because the bank is in the real world and I think the bank is safer than crypto, because the bank has clear regulations related with safety. If there are irregularities or even theft, the government is there to help us track down criminals. But in the crypto world, our identity is kept confidential and there are no rules at all, and only in our own way to keep our money safe from hackers and fraud.
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Bank is safe in putting fiat.
Crypto is safe in putting some investment.
I recommend don't invest all of your money in crypto it would be better you invest in both while you have some in your hands to support all of your need when unnecessary happens.
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I prefer crypto, you can double or triple your money with it.. and that is a great deal for all of us 😄😅 i really like how crypto works.
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For me I believe that crypto is amazing and it is really becoming more popular each day and many people really trust and invest on crypto because crypto can really give a huge return from our investment. But if we talk about bank maybe there e are also some people that choose bank than crypto because bank is really trusted for so many years before crypto exist bank is already there and operating. So we cannot deny the fact that there are also so many people that trust bank than the unstable crypto.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
For now, I have to use the bank for storing money due to cryptocurrencies instability but my mindset is to use cryptocurrency in the future. I have had experience in banking too just like an auto deduction fraud using Facebook Ads, my debit card was deducted for almost 10 times but with a small amount, $1 per deduction and it stated that it is payment for Facebook Ads which I did not apply for.
The future is cryptocurrencies, now I am storing crypto tokens on my MEW intended for the future price which I believed will raise in the near future!
So, as a conclusion, I am to prefer using both Bank and Crypto depending on its usage!
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If there is a risk. Actually between banks and Crypto are both at risk. But please note, that those who are more economical and profitable are crypto from the bank. Because Crypto uses the Decentralization system, it can be relied on in making transactions, so in transacting without having to use a third party so that it is more efficient, effective and time and cost efficient.
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Thank you, my dear friend, for giving advice and direction, I am also proud to be able to get to know this forum, so we can ask for advice from friends - friends.
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I would choose a crypto wallet. Because in the bank you need to sign various papers and there is no anonymity, and we do not know what happens to our money there. A crypto wallet is very convenient and easy to use. And everything is anonymous.
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Bank already around for hundreds of years. I think people can't live without banking anymore. There are so many bank function we can use, it's very helpful and easy to understand and you can find them everywhere both online and offline. Anyway, you need bank if you want to do crypto.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
If you want save your money for emergency needs , I think You can choose bank. For Investment , I prefer in crypto currency.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
I think Crypto currency is the future technology..For Investment I prefer choose crypto than bank
.It is more profitable.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
I like the combination of both, banking for savings that can't be risked, and crypto for disposable income, for future growth.
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I decided to invest the profit from the cryptocurrency in the Bank. I do not know what will happen in the future, I can not be sure that the cryptocurrency will continue to be expensive. But in the Bank I have a guarantee that my money will remain with me. And I'll get paid a year's interest.
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I prefer crypto because it is an investment for me. The only thing bank does is to secure my income which they also use in making money for themselves.
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I prefer banks but I don't invest in banks.
if for investment I prefer crypto than bank, if I save money I prefer at the bank thank you
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In the second bank and crypto both, each of them has shortcomings and strengths, in my opinion it is better in banks than in crypto because banks have a legal umbrella, if crypto in my country is still banned.
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for now i thik Crypto is more prefer than Bank.
because it safe and not have a big fee, and of course we can do trading to make more money there.
thats why crypto is better than bank.
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Now, I prefer crypto over banks , I hope that crypto continue to grow I get excited about the ideas. I was using bank more than half of my life, but I don't fell excited about it, crypto does.
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I do not like banks. especially in my country i stopped trusting banks. it is better to keep dollar in my house rather than keeping our currency in a bank. Banks can limit your withdrawals or even nor give you your money back.
Hope cryptos will end banks!
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I choose both crypto and bank. This way will be the safest strategy to keep our money. I will store a half of the total amount of my money on bank and the rest I will invest in crypto. Don't invest all of money on crypto, too risky.
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I prefer the currencies. I consider cryptocurrency to be our future. I can conduct a transaction anytime, anywhere. I just need the Internet. It's the most convenient way for me.
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I prefer to save my money in the bank because the storage is real, I use crypto to invest to make money then I save the results in the bank.
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For me right now. I am still trusting bank more compared to crypto. Since crypto right now is not on its matured state that we could say that it is already safe so that we can compare it with banks.
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Crypto currency make good for payment with out long process,bank can not be as efficient as crypto currency payment.I'm term of security, crypto currency payment is secure and immutable at the same time.Crypto currency payment is better than bank payment.
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I think i'll pick out crypto currency. there is a excessive threat of gaining an awful lot extra than you invested in crypto currencies at the same time as your hobby might be low inside the financial institution. Plus bank quotes may be disturbing now and again.
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Saving on both platforms are very good. Banks have been known to secure funds until the crypto era came. Although you tend to loose sometimes,its good to save there. Its never a good idea to put all your finances in one place because you tend to loose greater than segregating it into different platforms
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Banks are safer to save money. whereas crypto I use to get money easily and quickly. both of them are very good at getting profits in every business I do.
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Looking at the nature of the two of them, they are both good and I use the two of them and I think I prefer the two of them.
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In my opinion if we have enough money we can invest between crypto and banks. Banks is for the person who have money to keep it safe. Crypto is for the person who have and who does not have money. We can participate bounties to start the journey.
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If you save in a bank it is safer even though the value is fixed. In crypto the value can adjust the price in the market, can increase in number or decrease according to the available rate. So it's better to save the bank and be able to take it at any time without having to fear the risk is reduced when prices fluctuate like the cryptocurrency.
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that something different for sure
bank to store ur real money while crypto is good but for saving money for long time is not good
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Actually, between Bank and Crypto is equally beneficial for me. But I prefer Bitcoin than banks. I prefer investing in Bitcoin than the Bank. because for me it is very profitable, Bitcoin itself has given me great profits and satisfaction, so now I am more pro-bitcoin as a place of investment.
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Between Bank and crypto I will choose crypto.crypto are more secure rather than bank,more transparent and more worth investment.crypto currency has many advantages compared to fiat and other currencies and they see crypto currency as threat for banking industry and financial institution.
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Tooking about the two big opportunities to earn or investing both are good, but they have different principles the banks is for those who have enough money to put up as their savings and more securing their money while in crypto you dont need to have money all you want just join the bounty campaign and earning on those forum after you had enough money you can start investing in crypto so they are both good to have...
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personally, i choose both. I think both of them have their respective roles and advantages. to save my money I prefer to save in the bank, while for investment I prefer investment in cryptocurrency to make a profit.
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I prefer crypto, why do I say that, because cryptocurrency can go up, but it's also for cryptocurrency that is already known and has high stability and has a broad market share such as bitcoin, eth, ethereum, doge and others
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I think I would go with both of them , why not ? You can trade or wire money with 3rd party free with cryptocurrencies , on the other hand banks are the safe shores if you do not want to take any risks .
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Banks and Cryptocurrency certainly have different advantages and disadvantages. If I want to save money, this is certainly safer at the Bank. The Bank provides comfort and security for customers. And I have also never experienced fraud like identity theft. But it's different from Cryptocurrency that has a big risk. And having a big risk certainly has a big advantage too. You can grow your money in Cryptocurrency.
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thanks, my expensive pal, for giving advice and course, i am additionally proud in order to get to understand this forum, so we are able to ask for recommendation from friends - pals.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
Bank and Crypto have a different function for me, I prefer bank to save my money because I believe it is very secure in any form of theft, it has insurance to cover up any untoward incidents unless otherwise losing it with your own fault while crypto is for profit or loss, the money I put in is like making a bet because of the volatility nature of crypto, generally I consider bank for saving while crypto is for investment, so I need both of them.
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To tell the truth, I don't trust the bank because it robs people in my country by offering too much interest on loans. People are forced to take out a loan at such a high interest rate from despair. So I prefer to use crypto
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Initially when the bitcoin technology was introduced many people condemn it mostly the financial institutions e.g Banks. But right now the success possed by this bitcoin and the blockchain technology is now a nightmare for the banks because over the last 3years the use of bitcoin in the international market has increased especially in the year 2017 where it has skyrocket and now becoming a major currency in trading.so i choose crypto over bank.
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I prefer crypto, because in addition beside to depositing money itcan also be used for investment, but that also for cryptocurrency which really has proven its existence, if you want for investment it must be for long terms
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Initially, when blockchain technology was introduced, may people didn't know what it was. People didn't know the essence of blockchain technology. I prefer crypto to bank because you can earn a lot within a short period unlike the bank.
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In my country, fiat is the most commonly used currency and makes it difficult to use cryptocurrency. So now, I prefer to save most of my money with the bank, the rest goes to cryptocurrency, even though digital currencies are safer means saving money.
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Bank and crypto, i firstly choose crypto because future generations don't like extra hazitate, they always get something easily, altcoins and bitcoin such kind of easy things. So crypto is better than bank.
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if I choose it is better to save our money in criptococurrancy because in the future our money will be worth more than the bank and both have the risk of theft and fraud
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I would rather choose to save money in the bank than crypto, that doesn't mean I don't like investing in crypto, but I think because banks are in the real world, and banks can be safer than crypto because there are clear rules relating to safety . If there is irregularity or even theft, the government is there to help us. But in the crypto world, our identity is kept secret and there are no rules at all, there are only risks and in our own way to keep our money safe from hackers and fraud.
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For me both of them are good and reliable investment places. I think it's worth doing because I also need digital money and need fiat money for me to have and I invest. Therefore I chose the Bank and the Crypto World as an investment field that I took for my future.
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For me, i choose bank tho crypto is good also but i think my money is safest in bank, i can see my money anytime or i can touch it anytime, I'm not sure in crypto either your money will grow or loss because of prices of alts and bitcoin aren't stable.
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if I, look at the goal first, if I save money, I prefer the bank, but if for investment, I prefer crypto because it's still new and the cycle of increase and increase in prices is uncertain
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
For now, I think Crypto currency is better than bank. It will be more popular at the coming future. Because It is the future currency.