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Author Topic: Which do you prefer, bank or crypto?  (Read 4509 times)

Offline whandut93

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Which do you prefer, bank or crypto?
« on: October 26, 2018, 11:56:13 AM »
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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Which do you prefer, bank or crypto?
« on: October 26, 2018, 11:56:13 AM »

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Offline Judybrown

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Re: Which do you prefer, bank or crypto?
« Reply #1 on: October 26, 2018, 12:31:36 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #2 on: October 26, 2018, 03:59:51 PM »
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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Offline betece777

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Re: Which do you prefer, bank or crypto?
« Reply #3 on: October 26, 2018, 04:08:46 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #4 on: October 26, 2018, 04:21:43 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #5 on: October 26, 2018, 04:28:21 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #6 on: October 26, 2018, 04:31:07 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #6 on: October 26, 2018, 04:31:07 PM »


Offline Pandawa5

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Re: Which do you prefer, bank or crypto?
« Reply #7 on: October 26, 2018, 04:31:46 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #8 on: October 26, 2018, 04:49:02 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #9 on: October 26, 2018, 04:57:01 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #10 on: October 26, 2018, 05:11:37 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #11 on: October 26, 2018, 05:44:14 PM »
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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Re: Which do you prefer, bank or crypto?
« Reply #12 on: October 26, 2018, 05:47:36 PM »
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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Offline Alcor

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Re: Which do you prefer, bank or crypto?
« Reply #13 on: October 26, 2018, 05:49:59 PM »
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.

.FX..BOX.
 
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Offline kurapika

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Re: Which do you prefer, bank or crypto?
« Reply #14 on: October 26, 2018, 06:06:05 PM »
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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