Quote from: Bitcoin_people on Today at 01:10:08 AM

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 investment? Bitcoin or bank! What's your reason?

Currently people prefer to invest in bitcoins rather than investing in banks even though bitcoins are risky they still hold it with faith. But I believe that investing in Bitcoin is better than investing in a bank and there is not as much risk in Bitcoin as in a bank. We have seen many banks go bankrupt around the world where many people have lost money and in the country where I live the banking situation is not very good. So now I think it is more convenient to invest in bitcoins than investing in banks, because investing in bitcoins will definitely give you better profits and there is less fear of losing money. Although the bank gives interest, but the bank gets most of the profit from this, but the profit comes according to the percentage of the person who invests, but I noticed that it is much better to sell with that money than to keep the money in the bank. Because if the money that is kept in the bank is invested in Bitcoin, then after a long time when the market will grow again, it will be possible to get a lot of profit. So I always like to invest in virtual currency and investing in bitcoins, but I think futures are possible and bitcoin investment is not risky.

I support you in saying that investing in bitcoin or any other investment is better than depositing money in the bank. But I will disagree when you exaggerate that investing in bitcoin is risk-free. How can an investment yield high returns without risk? “The higher the return, the higher the risk”, and “invest only with what we can lose”. Have you forgotten all about it? Not only with bitcoin, but any investment or business that can be profitable will also have certain risks.