Post
Topic
Board Bitcoin Discussion
Re: Survey: if you have $50k fiat ,will you invest in btc or put it in bank?
by
Asuspawer09
on 05/01/2020, 16:52:49 UTC
Just what the title says if you have $50k fiat ,will you put on btc or in bank ,which of them will give you bigger profit after 10 years? Your money will gain interest when you put in a bank, your already sure the amount will increase, or put it on btc and leave it for 10 years. Which is better?
Surely both of this investment is great, I think it will be better in to invest it in bitcoin or cryptocurrency since the market was volatile if could easily make a profit in your bitcoin wallet but still like a lot of users here telling you should already know the risk in investing in bitcoin Also as the market or community is getting bigger most of the time the bitcoin market price is pumping. But still, for me, there is always a risk in investment even in starting a business so I would like to take that risk in my opinion. Roll Eyes

In banks surely there is less risk in investing since they would just store your money in the bank and maybe could earn a small profit of maybe 2$ per year depending on the bank you invested.

If I were you I think I would not invest this money in passive business since it was already a good amount to start a business like apartments or small business like stores, coffee shops, etc.
There is always a risk in investing your money even in businesses but sometimes you just need to be a risk-taker in order to be successful also passive income is also a great investment since it could give you profit even if you don't do work as an apartment, you could easily earn money monthly with this investment. Grin Grin