Post
Topic
Board Altcoin Discussion
Re: Is Your Money Safer In Crypto than at the Bank?
by
Crypto4all02
on 20/07/2018, 17:17:37 UTC
of course yes. There are extraordinary state in Turkey. The banks are not safe enough. I keep my money in the crypto.
It depends on what kind of wallet where the money is kept. Also,for the bank because if you chose small banks and not the bank that runs for a very long time,there is a possibility that the bank will end up bankruptcy because of few investors in it.  Therefore,the management has to be very strategic in terms of convincing ang given platforms for tge bank. On the other hand,yeah I feel safe in crypto because I don't pay any taxes and at the same time I can check it on my own. Unlike banks,I have to go there and check passbooks.


You're very correct, it's the kind of wallet he's using that determines if his crypto is safe or not, not forgetting the type of secret passwords he's using, and how secured his account is through the use of accounts Authenticators.