Post
Topic
Board Economics
Re: What's it like to live on crypto instead of Banks?
by
Naida_BR
on 17/09/2019, 17:07:23 UTC
Until now I would rather put my money in the crypto rather than save money at the Bank. In the crypto, it is more profitable because by investing and trading more profit-generating. Banks do not make our money grow, but every month we have to pay a fee.

Crypto has been like an additional job for me, but here all is also not going well. We also have losses, but this is the risk.

Indeed cryptocurrencies provide a bigger profit right now, but also a bigger loss if the market goes the other way.
What I don't like in Banks is the fact that they hide a lot of information. If they would provide all the necessary information then people will start taking the money away from them surely.