Quote from: Xampeuu on August 07, 2023, 06:02:41 AM

Quote from: Odusko on August 06, 2023, 07:42:40 PM

Quote from: FiveG on May 27, 2023, 09:42:21 PM

I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as an investment? Bitcoin or bank! What's your reason?

Bank savings is not an investment unless you have your entire balance in a fixed saving plans and left untouched for a long period of time to generate certain percentages that are minimal around 10% to 15% highest.
So that can't be compared to Bitcoin which is an asset that has high volatility and in most cases it chart has moved in a particular direction that has perceived to be more up trend than a downtrend and what that mean is that the possibility for Bitcoin to make uptrend price movement is higher than the possibility of decline lose price. So ultimately Bitcoin is a more favorable investment tool compared to bank savings

of course when talking about investing in bitcoin it is more profitable than keeping it in a bank, an increase in bank interest rates is nothing more than an increase in inflation that occurs, but by investing in bitcoin, the increase in value is many times more than the inflation that occurs. therefore, while bitcoin has not been used by many people, the opportunity to invest is very large, moreover, bitcoin adoption is growing and that is the opportunity we should take advantage of

Let me discuss this as an investor and not a random person, both (Bank and Bitcoin investments) could be useful if planned rightly. Although if you are the type that knows how to speculate on Bitcoin very well, you might be able to hold the Buy and Sell positions on your wallet and spot platform interchangeably depending on the trend of the market. By doing so, you will amass a lot of money in just a year. But if you are such that would pump and hold only, then both Bank and Bitcoin investments are what I advise together, only that you would be wise with the investments.

You can see that there is no general approach to this, there are times that Bitcoin will perform well and the investment would worth it (strong bull run moments and season of long-term bullish trend) and there are times that Bitcoin will frustrate your investment (long-term bearish trend). As an investor, one could invest in Bitcoin during the strong bull run season that is long-term, and invest in the bank or elsewhere during the long-term bearish trend.

After all, this is a win-win approach.