Quote from: signup01 on June 01, 2018, 04:43:15 AM

Quote from: mikki14 on May 27, 2018, 12:59:57 AM

Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?

I think it's more risky to invest with bitcoin because if investing with a bank if there is a problem already there is a legal institution that handles if bitcoin we will lose all without any legal entity that can help us, investment with big risks of course produce big profits too

I agree, bitcoin investment is much riskier than investments in the banks. Bitcoin is not yet regulated and not yet accepted by some countries, its price is very volatile, while if we invest in the banks, we can be sure that we can get even a little percentage of our investment annually, and of course we are protected by our government and there is insurance if something bad happens to that bank.