Post
Topic
Board Bitcoin Discussion
Re: I believe that Bitcoin will make me independent
by
Muskan1
on 03/07/2023, 14:11:32 UTC
I now prefer to invest in bitcoins instead of keeping money in the bank. But I know that the price of bitcoins will rise very soon. I want to own a lot of money by investing in bitcoins. For that reason, I invest most of my own money in bitcoins. I think investing in Bitcoin can change my fortune if I can wait a few years.
investing in bitcoin, apart from really having to have sufficient funds and the patience to wait because the criteria for bitcoin which is always an increase after the halving period is over, which obviously takes a very long time. what you say is very true, that saving money in a bank compared to investing in bitcoin, it is clearly profitable to invest in bitcoin, because the profits are very large and the bank cannot provide as much interest as the profits from investing in bitcoin.
If See vs Bitcoin and Bank profit Bitcoin profit is very high because there are decentralized and their prices are very high. But if see the other hand it is very risky. Because its price is up and down very fast and very more factor there are risks to the Bitcoin investment.
Bank is a simple way of investing because there is no risking deposit your money in the bank provides liquidity and security. See the profit of the bank that depends on your account they have different accounts and different profits like a saving account fixed account etc. The bank investment is not risky as Bitcoin. But profit is low as Bitcoin.