Post
Topic
Board Economics
Re: Different between Cryptocurrency and Banking sectors
by
jonatuzc
on 31/08/2018, 07:10:04 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.
You said it all yourself– you said savings for banks and investment for cryptocurrencies right? Good. So why would be expecting to make profit through banks, it’s such a stupid thought… banks are not cheating you, they weren’t meant for investment, rather they were made for savings; you save money in bank and keep it safe and secured.

But as for cryptocurrencies you’re investing your money with the purpose of making extra gains, and it’s not everyone that makes gain cause some people lose at the end.