Post
Topic
Board Altcoin Discussion
Re: Is Your Money Safer In Crypto than at the Bank?
by
maflec0713
on 05/10/2018, 07:17:56 UTC
Hi. In terms of safety, I think it is much safer in the bank you trust. Compared to cryptocurrency, the value is fluctuating and we will never know when it goes up or down. It is still safe in bank because of it is far from hackers. Once the money was stolen in your wallet, then you will not recover it anymore. But if your money was stolen in the bank, there is a chance that you can still recover your money from the bank. The disadvantage is that the interest in the bank is too small compared to cryptocurrency where sometimes it doubles your savings. It depends in you which one is better, the risky choice or the safer one.