Quote from: Inspiron14 on July 08, 2023, 03:06:13 AM

True we can't really compare and think who's better at keeping money in the bank or in crypto,
in terms of risk, each of them certainly has a risk because no one guarantees it will be completely safe,
but my own view regarding security I prefer to keep money in the bank even though there are many cases of money theft but in crypto I think the risk is far greater.

When it comes to keeping money for security reasons, it's the bank that's more secure than cryptocurency platforms because cryptocurency platforms are getting hacked daily and wallets too are getting hacked, but when it comes to keeping money as investment, it's cryptocurency that's better because you money can grow more when you store in cryptocurency.
Cryptocurrency as investment will make your money grown, both Bitcoin and altcoins can help grow your investment but banks can't do that because they have priority customers that they give their investment to and make you managed just few profits that's not worth the risk your taking by making investment with them. Banks shouldn't be used for investing.
I would rather trust banks than trust cryptocurency exchange or centralized wallets to hold my money because they can be hacked and when that happens you won't be sure of getting your money back and in some cases you get absolutely nothing because the project can say they don't have money to payback their customers that lost it all to the hacking.