Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or banking investment?
by
Farma
on 08/08/2023, 12:35:31 UTC
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 investment? Bitcoin or bank! What's your reason?
for now, in terms of investment, I'm still focused on crypto, which means, I prefer to tend to invest in bitcoin rather than saving money in the bank and taking advantage of the interest.
As you said, bank interest has a very small percentage, but also has a small risk. While the percentage of profits offered by bitcoin is far greater than bank interest, but with great risk. Currently, I still have several businesses that need to be developed quickly, and need funds, so I choose to take risks by tending to invest in crypto, especially bitcoin, compared to banks. I think many people take advantage of bank interest when they are truly successful, or have achieved financial freedom. they only take advantage of the benefits of bank interest to meet the needs of their lives.