Post
Topic
Board Economics
Re: Different between Cryptocurrency and Banking sectors
by
Nisharawal
on 05/08/2018, 12:11:26 UTC
Saving money in a savings account is like putting money in a pocket with holes. Banks only give you interests that are lower than the inflation rate. It‘s how they make money. You are better off investing in ventures (Crypto currency) that give a return higher than the inflation rate.

Yes, i personally think that now in today's highly volatile market conditions it is a bad idea to save your money in the saving bank account and i would rather go and invest in bitcoin and gain more profits than saving it in a bank account as the profit potential is much higher in Cryptocurrency market than saving account. I will also choose cryptocurrency like Ethereum, Litecoin, Ripple, and many more high potential coins.