Post
Topic
Board Economics
Re: What is the difference between banks and big whales in crypto?
by
Davian144
on 21/07/2023, 13:20:06 UTC
Crypto whale investment may involve more risk than the banking sector. Bank loan out money for income and almost get back most all loan and interest back but some invest may go wrong when it comes to crypto. Crypto invest involve more research to invest safely but banking just need little or no findings other than your collateral for them to proceed with their transaction with customers.
Investing in crypto is a personal job for each person who works as an investor, and of course it is very different from saving money in a bank. Because saving money in the bank only hopes for security from the bank, not expecting more profit from them even though the bank can rotate money to other customers. But the benefits will not be the same as when we put money in the bank, because investing is the most effective way to make a profit as long as the assets we invest are the assets that most people are looking for in the long term.