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Author Topic: Invest in Bitcoin or Bank?  (Read 50978 times)

Offline I-Bit

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Re: Invest in Bitcoin or Bank?
« Reply #270 on: June 02, 2019, 04:11:26 AM »
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.

I agree that banks are not really good for investment. We cannot get too high profits from saving money there, except if we store a lot of money. Anyway, the system in crypto with Blockchain technology is better to send money. It is simple, fast, low fees, and no need the third parties. But I don't think banks are not needed, they are still needed to get Fiats. 

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Re: Invest in Bitcoin or Bank?
« Reply #270 on: June 02, 2019, 04:11:26 AM »

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Offline Andruha1993

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Re: Invest in Bitcoin or Bank?
« Reply #271 on: June 02, 2019, 02:42:11 PM »
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%.
I completely agree with you, but investing in Bitkion is a big risk. And banks are more reliable. But I still prefer Bitcoin, because this is a great discovery and in the future I think everyone will use it.
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Offline mimikri

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Re: Invest in Bitcoin or Bank?
« Reply #272 on: June 03, 2019, 08:54:27 PM »
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.

Keep your money in the trusted bank, but invest in the cryptocurrencies. It will be the best choice, as here, the probability that your cryptos can gain is large. Bank will not give good percents.
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Re: Invest in Bitcoin or Bank?
« Reply #273 on: June 04, 2019, 10:01:36 PM »
I believe that it is necessary to split money equally and invest half the savings in dollars or gold, and the other half in Bitcoin. In the future, bitcoin can make a huge profit, but you should definitely reinsure yourself with the help of the American dollar.

Offline Cutter Cute

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Re: Invest in Bitcoin or Bank?
« Reply #274 on: June 06, 2019, 04:29:48 AM »
When I visited the latest information on social media, I saw several posts such as whether you chose $ 10 Bitcoin at this time or $10 fiat. Of course someone who doesn't know crypto will choose fiat.
There are still many people who have not uploaded crypto and I will always choose Bitcoin from the bank
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Offline Blocktoq

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Re: Invest in Bitcoin or Bank?
« Reply #275 on: June 06, 2019, 12:46:05 PM »
Everyone knows that Bitcoin is the biggest and the most popular cryptocurrency. It must be some time to Bitcoin fully comes to the mainstream. A few days ago we wrote about it in our article: https:// blocktoq.com/7-reasons-why-bitcoin-is-so-popular/

Offline cryptocancer85

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Re: Invest in Bitcoin or Bank?
« Reply #276 on: June 06, 2019, 04:21:48 PM »
I prefer storing my funds with Bitcoin rather than banks, because digital currency bitcoin is decentralized and Government cannot drag it down compared to physical money currency. The transaction is encrypted and secured compared to how traditional money has been used to pay local and online transactions. Investing with bitcoin has no barriers, you can do more task independently with respect to trading with other crypto coins.

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Re: Invest in Bitcoin or Bank?
« Reply #276 on: June 06, 2019, 04:21:48 PM »


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Re: Invest in Bitcoin or Bank?
« Reply #277 on: June 07, 2019, 09:14:27 AM »
For investment, I absolutely choose to invest in Bitcoin or crypto. Bank is not for investment. Bank is stable but it will really give small profits or interest. And bitcoin is different. It can make us the big profits that we can imagine in a short time.
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Offline xeroz

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Re: Invest in Bitcoin or Bank?
« Reply #278 on: June 10, 2019, 12:07:43 AM »
Bitcoin offers higher profits but Bank offers more secure way to keep money. I think both have their own advantages. We can choose what we must focus on the goal of our money. If we want to get higher profits, then the best option is Bitcoin. While if we want to keep money only with more secure way without focusing in profits, it is good to choose Banks.
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Offline Domithra

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Re: Invest in Bitcoin or Bank?
« Reply #279 on: June 10, 2019, 05:23:28 AM »
Bitcoin is good opportunity as an investment only if the price is under crisis. During this time the many are selling their bitcoin at lowest price and a good chance to buy if you want to invest but during bull run is not rather it is better to put your money in the bank and wait the dip if you really want to put your fund in bitcoin.
Of course, the best time to buy Bitcoin is when the market price dips because it sells at low price during these times. Anyway, why do you prefer to save in the bank when the market has hit bull run? Is it a strategy to stop losses or profits?  If this is the case, then converting funds to USDT (Tether) is much better because Tether is not affected significantly by the market trend and is the save haven for investors when the market trend is quite unpredictable.
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Offline mlawson71

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Re: Invest in Bitcoin or Bank?
« Reply #280 on: June 10, 2019, 04:15:50 PM »
Frankly, if you have the money, invest in both. Diversification is important.

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Re: Invest in Bitcoin or Bank?
« Reply #281 on: June 11, 2019, 11:14:11 AM »
I do not agree. cryptos is also a risk. Crypto currency can not grow forever. No guarantee that today you will invest money in the BTC, and a week later, he will give you a good profit. If everything was so easy then people would be more wealthy in the eyes. The interest in the bank is certainly very small, but there is a guarantee that your money return in case of bank bankruptcy

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Re: Invest in Bitcoin or Bank?
« Reply #282 on: June 11, 2019, 11:41:45 AM »
Bank is for people that no want know about how theses things, work i like more trading
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Re: Invest in Bitcoin or Bank?
« Reply #283 on: July 31, 2019, 07:45:49 AM »
So far there is no absolutely perfect model of financial relations. Each of them has its advantages and disadvantages. Therefore, you need to use the advantages of banks and cryptocurrency simultaneously. To make a profit in certain periods of growth of the cryptocurrency market should be in the cryptocurrency, however, it is necessary to protect oneself against its possible risks, including using the banking system of receiving dividends.

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Re: Invest in Bitcoin or Bank?
« Reply #284 on: July 31, 2019, 10:39:50 AM »
investing in banks or bitcoin, for me both are also good investments and can be used for investment in the long run, but I myself will also be better and invest more in bitcoin than investing in banks, because the benefits that I can also be faster in bitcoin, rather than investing in a bank.
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