Quote from: prtty2gal2 on June 01, 2019, 09:30:36 AM

Quote from: Moiyah on May 29, 2019, 12:59:56 AM

Quote from: Oceat on May 28, 2019, 11:35:42 PM

Be your own bank and never trust those centralized banks because someday they might use it against you. A simple hardware wallet is your best bank that you can access anytime you like without the hassle of going straight to the bank. A paper will keep your private key safe to access the wallet that you needed in times of emergency.

That is why i've lost interest saving and keeping my money in the banks. From the time I've met cryptocurrency, I pulled out my money and transfer it into my wallet instead. There are some adjustments but i am used to it now. Anyway, I am happy with my decisions now. I can think of it as a secured way to keep my money.

Aww, I am not sure that will be a wise idea for now. You should not keep your eggs in one basket, I know we all believe in cryptocurrency and I know it has come to stay, but we still live in a very volatile market and better we watch how we operate during this time.

I think its is quite risky to put your savings in a wallet, cryptocurrency is yet to be good for store of value like gold and anything could happen to your coin negatively at any point. For now, crypto is to be used for transaction and also for investment on money you can afford to loose. The devil you know is better than the angel you dont know man.

Exactly and this is what pays off in the end by which I means that if you diversify and stay curious about your investment in crypto, you would be on a secure position. In addition, a centralized bank has very less to offer and might not be as profitable for you as a decentralized one with the cost of transactions very minimized and reduced.